This course explores the skills, techniques, and strategies that are required to instill entrepreneurial behavior in large organizations. The class explorers current concept on how organizations “venture” by creating new business within their organization and how these organizations find and groom individuals to take on the role of “Intrapreneurs”, the corporate equivalent of the entrepreneurs. The class will also discuss and explore the obstacles and mistakes that organization face when trying to become more “intrapreneurial” and why intrapreneurs are still a rare but sought-after breed of employee. Depending of the student’s backgrounds, the class can extend the venturing concept to government organizations.
Key learning objectives:
- Understand the concept of venturing as a source of business growth and survival in today’s corporate landscape
- Consider typical obstacles and challenges when evaluating an organization’s need to improve venturing capability
- Evaluate the pros and cons of a formal corporate venturing process