We began posting today to a new website, Benzinga, aimed at active stock traders. Over the course of the next several weeks, we will be describing the corporate entrepreneurship structures of individual companies profiled in Grow From Within….so look for their stock prices to bounce!
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Rob Wolcott teamed with KIN sponsor Jørn Bang Andersen to articulate insights on innovation culture gleaned from the Kellogg Innovation Network, published as the cover story in The Human Factor, a leading Indian business magazine. They key lessons are:
1. Nurture a sense of purpose
2. Operate as an ethical alternative
3. Celebrate smart failures
4. Create meaningful actionable [...]
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We’re very pleased with a great review of Grow From Within by Dean DeBiase of Reboot Partners, with a summary of some of the key take-aways.
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In a posting at Fast Company today, we explain the Producer Model of Corporate Entrepreneurship, in which a dedicated innovation group is well-funded so that it can pursue new businesses independently. This “skunk works” approach is popular in the innovation literature, but such groups can become isolated if not managed correctly.
This is the last of four [...]
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Aon’s ONE Magazine: Posted March 2010
Aon’s ONE Magazine interviews Robert C. Wolcott, founding partner of Clareo Partners, to discover why many companies do not innovate and how they are at risk if they don’t. The article outlines three myths commonly associated with decisions regarding innovation and provides insight on changing corporate mindsets to remain competitive.
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In our post at Fast Company this week, we explain the Advocate Model of Corporate Entrepreneurship, in which a designated group drives new business creation but is intentionally provided only a modest budget. As such, the Advocate Model is a counterintuitive form of corporate entrepreneurship. But in some corporate contexts, it works to have a group [...]
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This seminal work inspires and challenges. The careful reader finds repeated religious and moral symbolism. The ending, albeit surprising, is satisfying on emotional and intellectual levels.
I give Grow From Within my highest four paw rating. The perfect gift …for April Fools Day!
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Recently, the Wall Street Journal’s Teri Evans contacted me regarding a challenge we’d all like to have: rapid growth. When we’re both great and lucky, entrepreneurs— corporate or independent—can end up with growth so brisk it overwhelms our ability to plan properly, scale efficiently and prepare for the future. Click here to see the article.
Let us know [...]
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In this video roundtable, sponsored by DeVry University’s Keller Graduate School of Management, Rob Wolcott joins Ken Atwater (GE Healthcare IT Solutions), to share insights on corporate entreprenership and innovation project management, covering issues of leadership, organization, personnel and culture.
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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 [...]
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We are delighted that a Consumer Goods Technology Magazine just published a concise summary of the Four Models of Corporate Entrepreneurship in their latest issue.
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In our post at Fast Company this week, we explain the Opportunist Model of Corporate Entrepreneurship and what you should do if you’re trying to build a new business in an environment without designated organizational ownership or resources. In general, the Opportunist Model works well only in trusting corporate cultures that are open to experimentation and have multiple [...]
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This past weekend, I was privileged to be part of the Innovation & Humanity Summit hosted by the Center for Innovation & Humanity at Chapman University in Orange, CA. KIN Global 2009 delegate and good friend Glenn Llopis launched the Center and the Summit following his attendance at KIN Global at the Kellogg School. He [...]
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In our Fast Company post this week, Rob reports on his trip to Iceland last month with members of the Kellogg Innovation Network (KIN). The people of Iceland are coming together in the wake of the financial crash. Iceland has a long road ahead to pay down a debt equivalent to over 800% of GDP, [...]
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The Kellogg School of Management and the Kellogg Innovation Network (KIN) have been pivotal to our work in corporate entrepreneurship and innovation. In fact, we originally uncovered the demand for better solutions to new business creation within established firms from our KIN members, innovation executives at large global companies.
We’re quite pleased to report that the [...]
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Creating Entrepreneurial Behavior within a Mature Company – Jim Blasingame's Small Business Advocate, November, 13, 2009.
True Marketing Doesn’t Just Sell the Story – Advertising Age, September 2, 2009.
Playing Well With Others – Wall Street Journal, June 22, 2009.
