Friday, 3 November 2023 | 16:00 - 16:45
Beyond Scores: A Scorecard Approach to Business Model Validation | Sparrow Ventures
Ever find yourself lost in the maze of business model validation, concentrating only on specific areas, yet losing sight of the bigger picture?
Let’s dive into a holistic approach that goes beyond traditional metrics, a method that is instrumental in our journey to assess, refine, and optimize our ventures at Sparrow Ventures.
We start with a brief introduction to Sparrow's Business Model Validation. The focal point of our session is the "Innovation Scorecard," a structured approach that has become the compass of our validation process. We provide insights on how this scorecard facilitates not just the evaluation of desirability, feasibility, and viability in our ventures but also to consider other critical success factors including adaptability in the market, strategic fit, and return opportunity.
Through practical examples drawn from our current ventures at Sparrow, we demonstrate how this Scorecard approach supports our decision-making, ensuring a balanced and interconnected validation across all relevant areas. From assessing market fit to evaluating scalability, we share our latest experiences where this approach has led us to valuable insights and crucial strategic shifts.
Join us in exploring the transformative power of the Innovation Scorecard as we venture beyond scores and into a world of comprehensive business model validation.
Sparrow Ventures is a Zurich-based Venture Builder and Growth Equity Investor. As part of the Migros Group our primary focus lies in B2C ideas in the fields of Food & Beverage, Fintech, Last Mile, Digital Health, Sustainability & Circular Economy, Commerce & Shopping, and Travel.