Tag Archives: Qualcomm

Jolt Your Sluggish Company Back to Its Entrepreneurial Past: Three types of Intrapreneurial programs you can start today

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

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SnapBizz: A Story of intrapreneurship turning into entrepreneurship

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

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The Brave New World of Corporate Venturing. Part II: Emerging Models

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

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Join the entrepreneurial revolution: Innovate like and with startups

In this week’s blog post, I feature my interview in Mike Docherty’s upcoming book, Collective Disruption:  How Corporations & Startups Can Co-Create Transformative New Businesses Ricardo dos Santos, ex-Senior Director of New Business Development at Qualcomm How can you get an entire organization to step up and explore new venture opportunities—and incorporate lean principles along the way? Dos Santos started a

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Time for a Total Innovation System

My days as a practitioner and student of Lean Production at AutoEuropa (VW) and MIT taught me a simple, but valuable lesson – “It’s the System, Stupid” All the different components of ‘how to do more with less’ were available (production efficiency and reliability, quality, supplier integration, employee involvement, etc.) – Toyota was the first to put them all under one

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Innovation Self Forming Teams. The cornerstone of corporate entrepreneurship

If you want a simple measure of whether or not your company truly encourages ‘thinking and acting like a start-up’, aka believes in corporate entrepreneurship, you need only to measure the ratio of innovation self  forming teams (ISFT’s) vs. the usual world of innovation by entitled corporate royalty, commanding siloed armies of conscripts.   Think about it as the Athenian vs. Spartan ratio of innovation. There

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Innovation Competitions. Innovation as Sport

My name is Ricardo dos Santos and I’m an Innovation Competition-holic.   Let me get started with what I mean by Innovation Competitions (you can also check out this presentation I uploaded on slideshare). My Definition of Innovation Competitions In this context, I  use the term Innovation Competitions interchangeably with Inducement Prize Contests – these are distinctly different from recognition prizes in

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Yes you CAN sell ice to Eskimos – Part II: Our Primal Needs

In Part I of this blog, I introduced the age-old secret of entrepreneurship – understanding the essence of what you’re really selling, i.e. defining the intrinsic quality of your product or service that compels your customers to want it.   This is also referred to as the ‘value proposition’ or ‘deep meaning’ of any particular offering, elucidating the reason ‘why’ someone

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Inhibitors to Entrepreneurship behavior at large companies – Part II (Welcome to Battle School!)

In Part I of this blog, I covered five common inhibitors to corporate entrepreneurship, namely: Lack of time Lack of connections Lack of CE skills (& context to learn them) Lack of executive visibility & resources Flawed risk/reward ratio and or misconceptions In Part II I introduce a programmatic example on how to deal with the above challenges – An

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A Winning Growth Strategy: Platform Thinking

The Platypus is one of the world’s most amazing creatures, with an almost impossible combination of  mammal, reptile and bird DNA and features – what other amphibious, furry animal is capable of electro-detection, poisonous stinging, laying eggs, and waddling like a duck? Platypus means “Flat Foot”.   The Platypus is nature’s Plug & Play, a prime example of Platform or “Flat

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