Corporate Entrepreneurship: How to Create a Thriving Entrepreneurial Spirit Throughout Your Company

Venture Life Cycle and Selection of the Corporate Entrepreneurial Team

At each stage of the corporate entrepreneurial venture’s life cycle, there may be a need to change the team and even the corporate entrepreneur leading the team. Some team members will want to develop the corporate entrepreneurial venture through the main stages; others will see it as an opportunity for promotion within the parent organization; others will want to start additional new corporate entrepreneurial ventures; and others will want to go back to their previous position. Each stage of the process requires different skills and experience.

 

• Conception and development. At this stage, the corporate entrepreneur needs to demonstrate drive, motivation, perseverance, resourcefulness, ...