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Published byRose O’Brien’ Modified over 6 years ago
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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
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Program vs Process Best Approach Benefits Do What they do best
Work to correct deficiencies “Attack yourself” Benefits
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Planning Benefits and Pitfalls
Increase quality of output Greater competitiveness Higher profitability Participative approach Way of learning Pitfalls (Table 14.1)
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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
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Methodologies for Measuring Entrepreneurial Activity
Entrepreneurial Performance Index (EPI) – Table 14.4 Corporate Entrepreneurship Assessment Instrument (CEAI) – Table 14.5
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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
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Dimensions that Enhance Corporate EA
Appropriate Use of Rewards Management Support Resource Availability Organizational Structure Risk Taking
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Ingredients for a Continuous Entrepreneurial Process
Recognize Managers Conquering Fear Continuous Improvement Consistent Incremental Gains Radical Innovation
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