by wolcott on March 12, 2010
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 [...]
by Wolcott and Lippitz on February 18, 2010
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 [...]
by wolcott on January 7, 2010
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 [...]
by lippitz on December 11, 2009
I received a great question from a reader of Grow From Within about the relationship of corporate entrepreneurship—that is, largely internal new business creation—to forming a subsidiary or spinning out a new business concept. “Can’t these be pursued within a firm together as a strategy? What is the impact of corporate entrepreneurship on the internal [...]
by Wolcott and Lippitz on December 7, 2009
How can corporate entrepreneurs be sure whether they are moving in the right direction in the early stages? In our post on Fast Company today, we highlight three major signposts of progress toward building new businesses.
CEO and Senior Management Commitment is Solid.
Your Energies are Focused.
You’re Already Planning for Transition and Scaling.
by Wolcott and Lippitz on December 1, 2009
Fostering corporate entrepreneurship means a new focus on attracting and retaining people with the determination and skill to build bridges to future growth. Assuming your company is open to the possibility of entrepreneurial growth, do you have what it takes to be a corporate entrepreneur? This posting at Fast Company describes five characteristics of the species [...]