TLDR:
- Secondments can be a good way for staff to learn about venture capital
- Structured programs and clear expectations are key for successful secondments
In a recent article by Kim Moore, the importance of secondments for corporates looking to learn about venture capital is highlighted. Secondments, temporary assignments that employees undertake at partner organizations, can provide valuable insights into the world of VC investing. Corporates, especially those who are limited partners in VC funds, can benefit from sending employees on secondments to gain hands-on experience in the venture capital space.
Chintana’s experience at Siam Cement Group is illustrative of the benefits of a secondment. By spending time at a Swiss VC firm, she gained valuable financial knowledge that she now applies in her role as an open innovation manager. Secondments are not only beneficial for employees, but also for strengthening the relationship between VC firms and corporate limited partners.
However, before embarking on a secondment, several key considerations should be kept in mind:
- Clear learning goals should be established before the secondment begins
- Structured and well-defined programs can maximize the benefits of a secondment
- The duration of the secondment should be carefully considered to ensure a meaningful experience
Overall, secondments can be a valuable tool for corporates looking to enhance their understanding of venture capital and strengthen their relationships with VC partners.
