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Planning and Assessing Entrepreneurial Activity (EA)

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Presentation on theme: "Planning and Assessing Entrepreneurial Activity (EA)"— Presentation transcript:

1 Planning and Assessing Entrepreneurial Activity (EA)
Program vs Process Plan Benefits and Pitfalls Assessing the Corporate Entrepreneurial Project Methodologies for Measuring EA Ingredients for a continuous Entrepreneurial Process

2 Program vs Process Best Approach Benefits Do What they do best
Work to correct deficiencies “Attack yourself” Benefits

3 Planning Benefits and Pitfalls
Increase quality of output Greater competitiveness Higher profitability Participative approach Way of learning Pitfalls (Table 14.1)

4 Assessing the Corporate Entrepreneurial Project
Screen 10 Components of Business Plan Table 14.3 Feasibility Criteria Eleven Questions (pp ) Role of Assessing Continuous Improvement Effort Learning Organization

5 Methodologies for Measuring Entrepreneurial Activity
Entrepreneurial Performance Index (EPI) – Table 14.4 Corporate Entrepreneurship Assessment Instrument (CEAI) – Table 14.5

6 Reasons to Measure Benchmark and track entrepreneurial performance
Establish norms and draw industry comparisons Establish entrepreneurship goals Develop strategies Assess variance between entrepreneurial actions and company performance over time

7 Dimensions that Enhance Corporate EA
Appropriate Use of Rewards Management Support Resource Availability Organizational Structure Risk Taking

8 Ingredients for a Continuous Entrepreneurial Process
Recognize Managers Conquering Fear Continuous Improvement Consistent Incremental Gains Radical Innovation


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