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

Evaluation Criteria for the Corporate Entrepreneurial Team

It is not appropriate to evaluate a new corporate entrepreneurial venture using the traditional performance criteria of the parent company. Evaluation criteria need to be focused on timely completion of events at a reasonable cost, with quality standards being maintained. There also needs to be evidence of teamwork, collaboration, and commitment.

The following is an approach to establish appropriate evaluation criteria:

 

• Identify what to evaluate. All evaluations need to be undertaken with a clear, objective, and consistent approach. All key aspects need to establish an appropriate and consistent evaluation strategy so comparisons can be accurately made.

• Clearly define the desired ...