Please enable JavaScript.
Coggle requires JavaScript to display documents.
CHAPTER 12 MANAGING INNOVATION & FOSTERING CORPORATE ENTREPRENEURSHIP…
CHAPTER 12
MANAGING INNOVATION & FOSTERING CORPORATE ENTREPRENEURSHIP
Types of Innovation
Product innovation
Process innovation
Degree of its innovativeness
Radical innovation
Incremental innovation
Disruptive innovation
Sustaining innovation
Challenges of Innovation
5 dilemmas
Seeds versus weeds
Experience versus initiative
Internal versus external staffing
Building capabilities versus collaborating
Incremental versus preemptive launch
Cultivating Innovation Skills
(Innovators' DNAs)
Associating
Questioning
Observing
Experimenting
Networking
Others
Staffing to Capture Value
Effective human resource management practices for innovation projects
Use experiences players from diverse areas
Require employees to serve in the new venture group as part of career development
Transfer experienced people to mainstream management, revitalizing core businesses
Separate individual performance from innovation performance so failure is not a stigma
Collaborating with Innovating Partners
Corporate entrepreneurship
Two distinct approaches to corporate venturing
Focused corporate venturing
Dispersed Approaches
Entrepreneurial Orientation
Autonomy
Innovativeness
Proactiveness
Competitive aggressiveness
Risk taking