TIL builds market creating ventures for global corporations that create transformational impact at scale
Our clients
It is made of hundreds of parts, people & processes arranged in such a way that what emerges is a product form factor and operational model that fulfil three System Functions simultaneously:
Eliminate a customer loss (Create Value)
Drive sustained adoption (Exchange Value)
Create sustainable profits for investors/owners (Capture Value)
A Business System can only fulfil its three functions if the underlying arrangement of parts, people & processes – or Business Pattern – is aligned.
Most innovation takes place in served markets, where aligned Business Patterns already exist and design thinking/lean start-up approaches are effective at improving the customer experience.
TIL works exclusively in the blue-ocean un-markets – where Market Barriers prevent conventional business models from ever achieving profitability, no matter how many units of product are sold. In un-markets, new Business Systems resting on new Business Patterns must be created.
When lean startup and design thinking are used in un-markets, ventures launch MVPs that are built to fail, as they import the Market Barrier into their underlying Business Pattern.
IVE applies a rigorous, systems-engineering approach to innovating Minimum Viable Business Patterns that works around the Market Barrier and ensures the underlying Business Pattern is aligned.
TIL has incubated multiple education ventures across the UK, US, China, Brazil, and South Africa, with a focus on profitably serving learners that are otherwise impossible to reach.
Our work with Pearson has been published by Said Business School as an MBA case here.
TIL has worked extensively with Barclays since 2013 to bring banking services to underbanked and unbanked consumers around the world, building ventures that allow those consumers to access credit, escape debt and gain better control of their finances, enabling the bank to create profitable routes into entirely new and unserved markets.
Details of our work with Barclays features in this 2016 HBR article.
The automotive industry is preparing for the future of mobility – connected, autonomous, shared and electric vehicles – and our work with leading OEM’s has been to build profitable ventures that align with these industry-changing trends.
For more information about our work in this space, read BMW’s press release, and the CEO of Alphabet UK speaks to industry leaders about TIL.
Working with early-stage ventures, established players and the International Finance Corporation to create profitable business models within the sustainable energy space. TIL has created business modelling software tools to pave a path to profitability for pioneering technologies in off-grid solar.
Milan is a founding partner of TIL Ventures. His career began as a chartered accountant working in audit and corporate finance and he later co-founded and exited his first entrepreneurial venture. In 2013, Milan created The Intrapreneur Lab, a corporate innovation accelerator in collaboration with Accenture, Said Business School, Cornell, INSEAD and the Gordon Institute of Business Science and used by some 20 global corporations such as Philips, GSK and MasterCard.
Milan guest lectures at Said Business School and is published in Harvard Business Review.
Erik is a founding partner of TIL Ventures and former Head of Frontier Markets at Cornell University. He is an authority on Venture Innovation and go-to-market strategies for creating and shaping new mass markets, having guided start-ups, green-field ventures, and corporate venture teams across Eastern Europe, Africa, South Asia, and South America over the past 20 years.
Erik holds a PhD in Management from Cornell and an MBA from the University of North Carolina at Chapel Hill. His work is published in leading management journals, including the Harvard Business Review, Sloan Management Review, and The Wall Street Journal.
TIL has a full-time team of Venture Developers and Assistant Venture Developers who work directly with corporate venture teams to conceive and develop novel product form factors and operational models.
TIL Partners and Venture Developers work with clients as single venture teams.
The working environment at TIL is one of:
Details of open vacancies may be found here.
TIL Ventures
42-46 Princelet St
London E1 5LP
milan@tilventures.com
Engineering new business systems for the un-markets
