PROJECT 01 · VENTURE BUILD

From 200 ideas to one funded venture

How SeAH Steel's search for a new business became Everguard, a worker-safety venture, over 13 months.

On a SeAH factory floor in Korea with plant staff A research interview with a SeAH plant manager in Korea
CLIENT
SeAH Steel
CONTEXT
While at BCG Digital Ventures, 2018 to 2019
MY ROLE
Strategic designer, from innovation through incubation
OUTCOME
Launched in 2019, still operating
Visit Everguard →
THE ASK

SeAH set out to build its next business beyond core steel. Its leadership chose to start with evidence: research across the whole value chain before committing to any one idea.

SeAH sent 15 executives to BCG Digital Ventures in Manhattan Beach to work alongside us for a four-month innovation process. I was one of three strategic designers on the team.

THE PATH

100 to 0, then 0 to 1

Every venture I build follows two moves. First narrow many options down to the best one. Then build that one into something real. On Everguard, that took 13 months.

100 → 0
Innovation · 4 months
0 → 1
Incubation · 9 months
MONTHS 1 TO 4
  1. Map the chainA value-chain analysis, then four pods did field research across suppliers and partners. Mine covered Illinois and Indiana. Others covered Korea and Asia.
  2. Imagine widerI led a 40-person Hack a Future workshop that turned the research into future business concepts. The client later called it their favorite part.
  3. Down-selectAbout 200 ideas became roughly 15, then five. I took a computer-vision worker-safety concept and tested a live haptic alert prototype with five construction workers.
  4. PitchIn Seoul, I gave the final pitch to the CEO with a live demo.
MONTHS 5 TO 13
  1. Find the use caseWith a build team of product managers, engineers, and data scientists, we ran a use-case analysis across nine layers to find where computer vision mattered most: the highest-risk zones of the floor.
  2. Design with workers60 worker interviews across Seoul, Gunsan, and Busan, then participatory design with workers and their union so the product felt like it was for them, not surveillance.
  3. Test in the fieldAlpha and beta tests, including an on-site A/B test against strict performance metrics.
  4. Hand offAn executive team was hired in 2019. The company is still operating, and its framing still traces back to this work.
Dave Roselle giving the final pitch in Seoul
THE PITCH

The final pitch in Seoul

We pitched five concepts to SeAH's CEO in Seoul, with a live demo of the computer-vision prototype. SeAH invested in mine with a seven-figure commitment, and it moved into incubation with a dedicated build team.

CONCEPT 1
Not pursued
CONCEPT 2
Not pursued
CONCEPT 3 · FUNDED
Computer-vision worker safety
CONCEPT 4
Not pursued
CONCEPT 5
Not pursued
FROM THE FIELD

Worker input and field testing

Workers in Korea proposed their own alert ideas, from lasers and drones to earbuds and sound. They voted, and a second group reviewed the results the next day. A union leader joined the sessions, and his feedback shaped the final design.

In testing, the first haptic device was built into a helmet and did not work well. We moved it into a jacket.

Leading a worker co-creation session in Korea
A worker co-creation session in Korea
Preparing helmet prototypes for testing
Prototypes before field testing
The team working through concepts in the studio
Concept work in Manhattan Beach
The BCG and SeAH team outside a SeAH plant in Korea
The BCG and SeAH team at a SeAH plant in Korea
WHAT IT TAUGHT ME

Designing a venture follows the same arc as architecture. You conceive what's possible, raise the money, then build. When the foundation and strategy are strong, the venture keeps standing after you leave.

Of everything I've worked on, this is the fullest end-to-end case, and the one I've watched live in market the longest.

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You don't need to have everything figured out. Let's look at what you're working on and where I can help.

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