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

Evaluating the Corporate Entrepreneurial Team’s Performance

Evaluating performance focuses on how close the corporate entrepreneurial team achieves its goals and objectives. While the corporate entrepreneurial venture starts with clearly defined goals and objectives, it needs to be flexible to fit reality. Cisco followed an unconventional form of corporate entrepreneurial venturing known as “external R&D.” The company developed a tight formula for evaluating, acquiring, and integrating start-ups and growing technology firms, acquiring more than 65 start-ups in the last decade. The performance of a single venture cannot inhibit the parent organization as the new corporate entrepreneurial venture directly influences the cash flow and profit of ...