There are many ways to generate new business ideas proactively. One of the most common methods is to start with your personal frustrations as a source of inspiration. This blog posting covers the basics on this simple yet effective technique that can lead you to discover a number of exciting ideas that are probably right under your nose. Many of
Read more
I was recently asked to deliver a keynote talk at the Intrapreneurship Conference in Silicon Valley last November. The conference organizers kindly asked me to cover the leading trends in the field of Intrapreneurship, also known as Corporate Entrepreneurship. To do the task justice, I sent out a wide survey and also interviewed a dozen clients as well as multi-industry
Read more
Large companies have long realized that they don’t innovate – their employees innovate. At most companies though, the usual bureaucracy gets in the way of allowing employees to emancipate their entrepreneurial drive. A few companies have swayed their Pessimistic Patty managers to simply get out of the way, and that in itself is a huge improvement. But the boldest companies
Read more
The purpose of the corporation is arguably two-fold: To create customers, by making promises and to keep customers, by keeping promises. The goal seems clear: to win. The question is, at what cost? What are the rules of the game that determine a fair win? Shouldn’t the modern corporation abide by a set of bylaws that maximize the benefits of
Read more
I recently caught up with SnapBizz co-founder, Yash Prakash to hear his amazing story of transitioning an idea originating in a corporation to a thriving startup. The promising beginning When Qualcomm started its VentureFest intra-preneurship program back in 2006 (now called ImpaQt), it unlocked the floodgates of leadership, creativity and innovation from unexpected places and people. While running the program, I
Read more
In part I of this blog, I discussed the traditional corporate venturing models. These are several variants of corporate venturing activities than can be roughly categorized as Internal Ventures, Startup Partnering and Corporate Venture Capital. In part II of this blog, I discussed the emerging corporate venturing models, namely Collaborative Venturing and Sponsored Acceleration (aka Corporate Acceleration). The emerging models
Read more
In part I of this blog, I discussed the traditional corporate venturing models. These are several variants of corporate venturing activities than can be roughly categorized as Internal Ventures, Startup Partnering and Corporate Venture Capital. The purpose of the CV models seem clear – help a corporation deal with a litany of value shifts and translate research and points of
Read more
Every established organization must be willing and able to systemically deal with value shifts, or risk missing the next big thing. Value shifts come in many shapes and forms, from consumer preferences, technology developments and competitive market dynamics. Sometimes, organizations can anticipate, even create game-changing value shifts, other times, they can only realistically hope to notice shifts in time to
Read more
The Venture Creator business model has just received significant market validation. The arguable leaders in this space, Boston’s PureTech Ventures & Allied Minds recently raised approximately $200 Million each through their respective IPO’s on the London Stock Exchange. Both companies continue to grow their impressive portfolio of big bets through their value-creation formula of spotting opportunities traditional VC’s seem to
Read more
Stumbled upon a quote by Peter Thiel about the motivation to start a company (or a new business within an established company, for that matter). “…You don’t start a company for the sake of starting a company. The good reason to start a company is because it’s the best way to solve some important problem that would otherwise not get
Read more
Necrophone 