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8W8 Global Business Builders developed in collaboration with more than 70 entrepreneurs, founders, executives, board members, investors, and academics the Compound Value Creator Quotient, aka CovQ or put simply: ‘the corporate IQ of a company,’ and is now releasing the CovQ Digital Media Ecosystem Companies Insights 2023. Digital Media ecosystem companies include the following categories: AdTech, MarTech, digital publishers and agencies, and related platforms.
Can a company have a corporate IQ? Yes, it can if you use data to assess, identify and deploy its attributes and value drivers through mission and value-creation-focused systems.
Two recent Harvard Business Review titles were about strategy: ‘Strategies for Turbulent Times – A new way plan for the unknown’ and ‘How good is your Company at Change? You can improve your ability to adapt.’ Strategies have the sole purpose of delivering the company’s mission so everything needs to be cascaded and implemented into the organization starting at the very top. Therefore it is essential that executive management and also boards are aligned as much as possible and are proactive because this is the basis for all internal and external communication and for defining mission-critical priorities, strategies, actions, and goals.
CovQ empowers executive teams and boards of growth companies, PEs, SPACs, VCs, and consulting firms as well as businesses in transformation to deliver their mission and full potential. CovQ is a holistic, integrated, and cohesive business building infrastructure and value creation system encompassing a corporate IQ assessment system, framework, method, and knowledge embedded in SaaS to develop and execute mission-critical priorities and strategic initiatives, track and report progress, enable executive collaboration and alignment.
Aetherium Acquisition Corp. announced today that it has begun implementation of the Compound Value Creator Quotient “CovQ”) platform to accelerate the execution of its post-IPO De-SPAC processes including the identification of potential acquisition targets and business combination activities. The company’s executive team also plans to use CovQ to manage the value creation strategies together with the business combination targets of their current and subsequent SPACs.
Ted, the CEO of a tech scale-up, raised almost $100 million in VC funding last year and is in high-growth mode, expanding his business across Europe and the US.
It all starts from the top. We all know that people, culture, and communication are at the heart of a business’s success and therefore ongoing strategy execution. Without great alignment at and from the top companies can not deliver their full potentials, however, how is alignment actually measured and systematically developed? The answer is it is not. It is mostly gut feel because there are not any integrated solutions that exist; hence we developed the CovQ Factor of Executive Alignment.
Volatile times? Based on the immediate and structured input of your executive team and/or board you quickly find out the status quo of your company’s value drivers based on the CovQ methodology. The results empower you to act and align your local and decentral management to define and focus on the mission critical priorities that matter the most. No preparation is necessary. Now is the time to act quickly and apply data-driven strategic decision-making created by you and with full executive team buy-in.
On March 19th, at the virtual Horasis Global Meeting our CEO Ralf Hirt will be chairing the panel ‘Thriving Corporate IQs Require Smart Systems’. One of the biggest challenges growth companies face is that executive management teams and their boards are going to get misaligned throughout strategy cycles. Teams are getting lost in their day-to-day work and fire drills instead of always focusing on what really matters the most. What is the next-gen approach for this so that knowledge meets empowering technology infrastructure?