In the eighth episode of the Future Ventures podcast, Sheetal Khullar, Growth Lead and Sustainability Expert, FutureLabs Ventures engages in conversation with Roslyn Chua, Head of Bayer Crop Science Digital Farming Solutions (DFS) in APAC.
Key highlights of the discussion
Roslyn shares her views on building and scaling corporate ventures that deliver impact and growth. She appraises the crucial role of farmers and ecosystem in enabling sustainable and regenerative agriculture. Roslyn also elaborates on some of the key innovation led objectives Bayer has set for themselves and the interplay of innovation with corporate venture building.
The conversation then moves to addressing the key challenges and tools needed toward establishing venture building as a key lever for growth in corporate innovation. Here they explore the role of technology in making agricultural production more efficient and sustainable.
The conversation underscores the pivotal role of technology, with Roslyn offering guidance on essential measures that corporations should consider in building ventures. These steps are designed to foster a more supportive environment for nurturing ventures.
Roslyn and Sheetal also discuss some of the biggest enablers of corporate venture building and how corporations can build the mechanisms to fund and support new businesses.
When taking ventures from test and learn to commercial, Rosyln recommends determining clear strategic, team and financial targets while aligning expectations across the parent company She cites examples of how the implementation of the APAC New Business Model strategy has successfully fostered innovation using a unique approach. Her extensive experiences and profound insights serve as a wellspring of inspiration for both corporate entities and individuals endeavoring to establish scalable and transformative ventures that address global needs.