In our post at Fast Company this week, we explain the Enabler Model of Corporate Entrepreneurship, in which resources are available for new business creation, but there is no designated organizational ownership. In other words, the early stages of new business conception are explicitly supported, encouraged, but no executive or team is explicitly charged with scaling proven concepts and transitioning them back into the organization.
The Enabler Model assumes that there are ample good ideas around the company and, more importantly, that there are individuals and teams willing to flesh them out. In the most evolved versions of the Enabler Model, companies provide clear criteria for selecting which opportunities to pursue, guidelines for applying for funding, decision-making transparency, and, perhaps above all, well-defined engagement from senior management.
This is the second of four posts covering, in turn, each of the four models of corporate entrepreneurship described in Grow From Within.
