Venture Clienting — ExxonMobil’s Kyle Basler-Reeder

This week's VentureFuel Visionary is Kyle Basler-Reeder, ExxonMobil's Global Open Innovation Lead. He designed and leads ExxonMobil’s corporate-wide Open Innovation program.

In the episode, we discuss how the exponential growth of PHDs and startups enables ExxonMobil to tap into external resources for Exploration, Acceleration and to solve stubborn problems. We talk about the importance of problem definition, declaring your “Innovation Ambition” and how to create organizational ambidexterity. How “Venture Clienting” attracts the best startups and new solutions by becoming a first-client and scaling what works.