by lippitz on December 14, 2010
In today’s posting at Benzinga.com, we complete our tour of corporate entrepreneurship examples with Cargill’s Emerging Business Accelerator Cargill has created several new businesses out of this effort, some of which were sold while others were integrated into the corporation. While Cargill’s status as a private company give it greater flexibility to invest in longer-term business [...]
by Wolcott and Lippitz on December 1, 2010
In today’s posting on Benzinga.com, we describe how Cisco leveraged the entrepreneurs within its midst from acquired companies to supercharge their efforts to create significant new buinesses, using the Producer Model of Corporate Entrepreneurship.
by Wolcott and Lippitz on November 22, 2010
In our most recent posting at Benzinga.com, we describe how the BP Office of the CTO designed and implemented an organization designed to enhance innovation among various business units….with a very small budget and no formal authority.
by Wolcott and Lippitz on October 29, 2010
In today’s post on Benzinga.com, we describe how DuPont became one of the first major US companies to undertake a deliberate corporate entrepreneurships program focused on organic growth. In doing so, they were in the vanguard in developing what we call the Advocate Model of corporate entrepreneurship.
by Wolcott and Lippitz on October 13, 2010
In today’s post on Benzinga.com, we describe the decade-long effort undertaken by Whirlpool–at the direction of it’s CEO–to create an “innovation culture” and implement Enabler Model processes.
by Wolcott and Lippitz on September 29, 2010
In our last two postings at Benzinga, we describe how Zimmer makes the Opportunist Model of Corporate Entrepreneurship work and how Google has implemented Enabler Model processes.
by Wolcott and Lippitz on September 1, 2010
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!
by Wolcott and Lippitz on July 9, 2010
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.
by Wolcott and Lippitz on June 3, 2010
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 [...]
by Wolcott and Lippitz on April 15, 2010
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 [...]
by Wolcott and Lippitz on March 9, 2010
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.
by Wolcott and Lippitz on March 2, 2010
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 [...]