NTRAPRENEURSHIP/CORPORATE ENTREPRENEURSHIP

sunandaC

Sunanda K. Chavan
47
EMBA 617: INTRAPRENEURSHIP/CORPORATE ENTREPRENEURSHIP1.0 COURSE DESCRIPTION
This course is about entrepreneurship in established companies. It is about revolution andchange management. Leaders who offer a positive vision of the future tend to be the mostsuccessful. On the other hand, leaders must not shy away from highlighting painfulchallenges that must be addressed. Ideally, their concepts and new ways of thinking willoutgrow the leader and become important to the entire organization. This course will helpleaders to formulate and articulate a credible, coherent, compelling and believable casefor change.

2.0 COURSE OBJECTIVES
At the conclusion of this course, successful students will understand how to driveentrepreneurship in established companies to continually build shareholder wealth.Specifically, students will learn how to:Become a change agent that can drive entrepreneurship in establishedorganizations.Develop an understanding of the critical elements involved with the corporateentrepreneurship framework.Gain a stronger perspective on the entrepreneurial mindset that will helporganizational leaders transform their companies through the corporateentrepreneurship process.Relate the entrepreneurship concepts and classroom knowledge to the real lifework experiences of entrepreneurial thought leadersCraft a business plan to sell management on a transformational initiative

Develop an understanding of how corporations can use the corporateentrepreneurship process to enhance the innovative abilities of their employeesand increase corporate success through the potential creation of new corporateventures.
3.0 COURSE CONTENT
Overview of EntrepreneurshipWho are entrepreneursCharacteristics of entrepreneursProfile of a corporate entrepreneurThe process of entrepreneurshipA Framework of Corporate EntrepreneurshipA typography of corporate venturesDefinition of corporate entrepreneurs and corporate entrepreneurshipViews on corporate entrepreneurshipThe Corporate EntrepreneurCharacteristics of a successful corporate entrepreneur

48Corporate venturingManagement style and organizational cultures in corporate venturesBecoming an EntrepreneurIntrapreneurship versus new enterprise entrepreneurshipAdvantages and disadvantages of corporate entrepreneurshipEconomies of scale and new ventureIdeas and Entrepreneurial PlansTechnological changes and innovationsSources of ideas within and without the organizationEvaluating alternative ideasPolicies to plans and ideasThe corporate entrepreneurship planning processCreativity and InnovationDeveloping creativity within organizationsDeveloping corporate innovativenessHindrances to corporate creativity and innovationManaging corporate ventures


Gaining support for new corporate ventures


Corporate entrepreneurs vis a vis independence and accountability


Managing the entrepreneurship team-ventures and rewards.


Ensuring approximate internal climate experts


Handling issues to do with new corporate ventureOrganization of Entrepreneurial activities


Original dilemma


Locating the new venture


Placing the venture within the corp.


The intrapreneur as a leader


The corporation as an incubator.Entrepreneurship control & corporate leasing


The question of control


The distribution of control


The Entrepreneurial Corporation.Public sector entrepreneurship


Scope of the public


The public entrepreneurship


Operational strategies for public entrepreneurship


Policy implications


Doing business with government


Need for change in government

49The future of corporate entrepreneurship


Critical success behaviors for a corporation wanting to foster innovation &venture success


The impact of e-commerceElements of a corporate entrepreneurship strategy


Developing a vision


Encouraging vision


Structuring for an entrepreneurial climate


Development of venture teams
FINAL EXAMINATIONS4.0

TEACHING METHODOLOGY
The course will be conducted using several approaches:Lectures to elaborate and reinforce the assigned textbook materialGroup/class discussionsAssignmentsCase studies
 
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