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Mondragón Corporation Corporate Diversification model

Context of the project

Mondragon Corporation is one of the world’s largest cooperatives, made up of 261 companies, the majority in the industrial sector, and has a turnover of 12 billion euros.

In view of its complex structure, the Corporation asked Loop to help its industrial companies to adopt a joint innovation and diversification model.

Challenge

Creation of a systemic structure for diversification and innovation focused on the Corporation’s companies, with the goal of fostering new business models through cooperation with internal and external companies.

Solution

Development of a pipeline of opportunities for diversification, with new business models based on the existing knowledge identified in each cooperative, the strategic needs and the overlap with new industrial trends. Overall, the goal was to encourage these opportunities with companies outside of the Corporation. For this purpose, we created a system to manage and identify opportunities, allowing their development and acceleration.