Corporate Entrepreneurship: How to Create a Thriving Entrepreneurial Spirit Throughout Your Company

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Author :
Publisher : McGraw Hill Professional
ISBN 13 : 0071766871
Total Pages : 352 pages
Book Rating : 4.0/5 (717 download)

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Book Synopsis Corporate Entrepreneurship: How to Create a Thriving Entrepreneurial Spirit Throughout Your Company by : Robert D. Hisrich

Download or read book Corporate Entrepreneurship: How to Create a Thriving Entrepreneurial Spirit Throughout Your Company written by Robert D. Hisrich and published by McGraw Hill Professional. This book was released on 2011-09-16 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beat the competition with INTERNAL INNOVATION If 3M’s corporate leadership hadn’t given researcher Art Fry a creative outlet, the world would never have seen the Post-it Note . . . Corporate entrepreneurs, intrapreneurs, mavericks. No matter what name they go by, these innovators are the pioneering forces within an organization who spark new enterprises, products, services, and processes to combat increased global competition. Corporate Entrepreneurship shows you how to develop and grow your organization by designing the culture, structure, strategies, and policies that encourage and support internal entrepreneurial ventures. Bestselling author and world-renowned entrepreneur Robert Hisrich teams up with global management expert Claudine Kearney to provide action plans, techniques, and insights for establishing an organizational culture that allows intrapreneurs to develop the entrepreneurial ventures that will secure value and generate new growth in your company. Every day, globalization and technological advancements continue to put more of your competitors within reach of your customers. In order for your company to stay attractive and thrive, you need the proven tools and tactics in this book to: Identify, evaluate, and fund venture opportunities Recognize bright corporate entrepreneurs and create their compensation plans Create business plans that avoid failure, optimize success, and develop and sustain corporate venturing Manage the internal politics of venturing Effectively implement corporate venturing into your organization Hisrich uses illustrative examples from his experience consulting for such global companies as 3M, Alcoa, Westinghouse, Citi, and many others. Through informative, well-researched case studies, he demonstrates how his concepts help companies prosper over the long run, gain market share, and stay on the cutting edge of their potential. If your employees aren’t innovating, your company is losing its competitive edge. Use Corporate Entrepreneurship to give your mavericks what they need to keep your company on top—all over the world.

Resurrecting America's Entrepreneurial Spirit

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Author :
Publisher : Author House
ISBN 13 : 1468540300
Total Pages : 221 pages
Book Rating : 4.4/5 (685 download)

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Book Synopsis Resurrecting America's Entrepreneurial Spirit by : Joe Nicassio

Download or read book Resurrecting America's Entrepreneurial Spirit written by Joe Nicassio and published by Author House. This book was released on 2012-01-27 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: Where Do Entrepreneurs Come From? Entrepreneurs are ordinary people, with a spirit of creativity. These people create commerce. When they are successful, they create JOBS. Every living person on this planet has the fibers of creativity, just like we all have muscle fibers. Every person on this planet has the capacity to be an entrepreneur. When we exercise our muscles, we get stronger, and if we dont, our muscles get weak, and atrophy. The same concept applies to our business creation muscles. When we train our minds to create value, for the benefit of mankind, we become stronger entrepreneurs. When we fail to train our business fibers, business stagnates, fewer jobs are created, and eventually, companies fold, and unemployment soars. At the time of this writing, most entrepreneurs emerge as a societal aberration, because their Spirit is so strong, they are driven by clear purpose, a willingness to learn whatever it takes, and overcome all environmental and psychological barriers. The thesis of this book is: In order to have a thriving capitalism tomorrow, we, as a nation, have an on-going vested interest in nurturing entrepreneurs today. The book is divided into 3 major sections. Section 1) Moving Our Economic Mentality From Employer-Reliance To Self-Reliance Section 2) Eliminating Spirit Killers & Replace Them With Spirit Builders Section 3) Prayerful Meditation To Build Your Personal Spirit, and Create The Conditions For Miracles To Manifest in Your Business This book is a unique approach to job creation. It is NOT about tax codes, economic policy, or regulations. It is about nurturing entrepreneurs at the grass roots level. This book will remind you that if you want a "dream job," you will need to create it for yourself. No one else is going to do it for you. If you own a business, if you want to start a business, or you are interested in education reform, you will find this book thought-provoking, insightful, and uniquely valuable.

International Entrepreneurship

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Author :
Publisher : SAGE
ISBN 13 : 1412957982
Total Pages : 641 pages
Book Rating : 4.4/5 (129 download)

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Book Synopsis International Entrepreneurship by : Robert D. Hisrich

Download or read book International Entrepreneurship written by Robert D. Hisrich and published by SAGE. This book was released on 2010 with total page 641 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining robust narrative with a wide variety of interesting cases, International Entrepreneurship: Starting, Developing, and Managing a Global Venture focuses on the need for every entrepreneur to at least consider entering the global market in today’s hypercompetitive world. As an ever-growing number of countries become market oriented and developed, the distinction between foreign and domestic markets is becoming less pronounced, and entrepreneurs increasingly need to develop skills to identify opportunities and then manage these opportunities on a global basis. International Entrepreneurship is an ideal resource for students, professors, government officials, and practitioners throughout the world who are interested in this vital, growing area. Key Features Includes chapter-opening international scenarios that feature a global entrepreneur or a global entrepreneurial venture to set the scene for the issues that follow Demonstrates global entrepreneurial issues through real-life cases from countries throughout the world Draws content from a wide variety of disciplines, including anthropology, economics, geography, history, jurisprudence, and language Includes chapter-ending class exercises, discussion questions, and suggestions for additional reading to provide readers with hands-on learning opportunities and avenues for future research Helpful Teaching Ancillaries Instructor Resources are available on a password-protected website at http://www.sagepub.com/hisrichinstr. These resources include chapter outlines, end of chapter discussions, chapter exercises, and teaching notes. International Entrepreneurship is appropriate as a core text for courses such as Global Entrepreneurship or International Entrepreneurship or as a supplement in upper-level undergraduate and MBA courses in Entrepreneurship, New Venture Management, and Entrepreneurship Strategy. In addition, it can be used as an ancillary text in International Business and International Management courses.

Managing Innovation and Entrepreneurship

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Author :
Publisher : SAGE Publications
ISBN 13 : 1483322661
Total Pages : 225 pages
Book Rating : 4.4/5 (833 download)

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Book Synopsis Managing Innovation and Entrepreneurship by : Robert D. Hisrich

Download or read book Managing Innovation and Entrepreneurship written by Robert D. Hisrich and published by SAGE Publications. This book was released on 2013-06-25 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book to look at innovation/entrepreneurship from an international perspective, Managing Innovation and Entrepreneurship: A Global Perspective provides a step-by-step process for managing innovation and entrepreneurship in an organization in both turbulent and stable economic times. Authors Robert D. Hisrich and Claudine Kearney demonstrate how to manage innovation on a day-to-day basis—using a wide range of real world scenarios, theories, principles, best practices, case studies, and modern examples. The book provides detailed coverage of each aspect of the process of innovation required to achieve success, including what it takes to build an innovative and entrepreneurial organization, how to develop innovation and entrepreneurship in both individuals and teams, how to manage and operationalize innovation and entrepreneurship, how to develop a global business plan, and more.

Disciplined Entrepreneurship

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 1118692284
Total Pages : 288 pages
Book Rating : 4.1/5 (186 download)

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Book Synopsis Disciplined Entrepreneurship by : Bill Aulet

Download or read book Disciplined Entrepreneurship written by Bill Aulet and published by John Wiley & Sons. This book was released on 2013-08-12 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: 24 Steps to Success! Disciplined Entrepreneurship will change the way you think about starting a company. Many believe that entrepreneurship cannot be taught, but great entrepreneurs aren’t born with something special – they simply make great products. This book will show you how to create a successful startup through developing an innovative product. It breaks down the necessary processes into an integrated, comprehensive, and proven 24-step framework that any industrious person can learn and apply. You will learn: Why the “F” word – focus – is crucial to a startup’s success Common obstacles that entrepreneurs face – and how to overcome them How to use innovation to stand out in the crowd – it’s not just about technology Whether you’re a first-time or repeat entrepreneur, Disciplined Entrepreneurship gives you the tools you need to improve your odds of making a product people want. Author Bill Aulet is the managing director of the Martin Trust Center for MIT Entrepreneurship as well as a senior lecturer at the MIT Sloan School of Management. For more please visit http://disciplinedentrepreneurship.com/

Jumpstart Your Business

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Author :
Publisher : Sound Wisdom
ISBN 13 : 0768407826
Total Pages : 224 pages
Book Rating : 4.7/5 (684 download)

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Book Synopsis Jumpstart Your Business by : Shawn Doyle

Download or read book Jumpstart Your Business written by Shawn Doyle and published by Sound Wisdom. This book was released on 2015-10-20 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you have a business? Do you want to start a business? Do you work for a business? Then this book should be the “cannot miss” book for you to read this year. In Jumpstart Your Business, you will learn the key tips, tools and techniques for igniting your entrepreneurial spirit as you run your business on a day-to-day basis. This book is written by two people who have combined experience of over 60 years working for and in their own businesses. They will share with you ten key elements that they believe can help a business owner get and stay motivated. In the book they share with you: The critical importance of having a mission and a vision statement Learning about a missing ingredient in many businesses – a business plan How to adjust your thinking and believe in yourself and your idea Building your support network and deciding who can help or hurt you The secrets to setting goals and holding yourself accountable Being a continuous learner and where to find those resources Getting and staying motivated through adversity and tough times Starting and running a business is not easy, but you can succeed and exceed even your own expectations. So- get ready to have the business you have always dreamed about – it’s time to Jumpstart Your Business!

Corporate Entrepreneurship: How to Create a Thriving Entrepreneurial Spirit Throughout Your Company

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Author :
Publisher : McGraw Hill Professional
ISBN 13 : 0071763163
Total Pages : 353 pages
Book Rating : 4.0/5 (717 download)

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Book Synopsis Corporate Entrepreneurship: How to Create a Thriving Entrepreneurial Spirit Throughout Your Company by : Robert Hisrich

Download or read book Corporate Entrepreneurship: How to Create a Thriving Entrepreneurial Spirit Throughout Your Company written by Robert Hisrich and published by McGraw Hill Professional. This book was released on 2011-08-17 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beat the competition with INTERNAL INNOVATION If 3M’s corporate leadership hadn’t given researcher Art Fry a creative outlet, the world would never have seen the Post-it Note . . . Corporate entrepreneurs, intrapreneurs, mavericks. No matter what name they go by, these innovators are the pioneering forces within an organization who spark new enterprises, products, services, and processes to combat increased global competition. Corporate Entrepreneurship shows you how to develop and grow your organization by designing the culture, structure, strategies, and policies that encourage and support internal entrepreneurial ventures. Bestselling author and world-renowned entrepreneur Robert Hisrich teams up with global management expert Claudine Kearney to provide action plans, techniques, and insights for establishing an organizational culture that allows intrapreneurs to develop the entrepreneurial ventures that will secure value and generate new growth in your company. Every day, globalization and technological advancements continue to put more of your competitors within reach of your customers. In order for your company to stay attractive and thrive, you need the proven tools and tactics in this book to: Identify, evaluate, and fund venture opportunities Recognize bright corporate entrepreneurs and create their compensation plans Create business plans that avoid failure, optimize success, and develop and sustain corporate venturing Manage the internal politics of venturing Effectively implement corporate venturing into your organization Hisrich uses illustrative examples from his experience consulting for such global companies as 3M, Alcoa, Westinghouse, Citi, and many others. Through informative, well-researched case studies, he demonstrates how his concepts help companies prosper over the long run, gain market share, and stay on the cutting edge of their potential. If your employees aren’t innovating, your company is losing its competitive edge. Use Corporate Entrepreneurship to give your mavericks what they need to keep your company on top—all over the world.

International Entrepreneurship: Starting, Developing, and Managing a Global Venture

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Author :
Publisher : SAGE
ISBN 13 : 1452217394
Total Pages : 537 pages
Book Rating : 4.4/5 (522 download)

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Book Synopsis International Entrepreneurship: Starting, Developing, and Managing a Global Venture by : Robert D. Hisrich

Download or read book International Entrepreneurship: Starting, Developing, and Managing a Global Venture written by Robert D. Hisrich and published by SAGE. This book was released on 2012-01-24 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining robust narrative with a wide variety of interesting cases, International Entrepreneurship: Starting, Developing, and Managing a Global Venture shows how entrepreneurs can conduct business activities across national boundaries and succeed in today’s hypercompetitive world. Robert Hisrich shows how entrepreneurs can develop the skills to identify opportunities and then manage these opportunities on a global basis. The Second Edition provides increased attention to culture, and reflects recent changes in our increasingly globalized world.

Corporate Entrepreneurship & Innovation

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Author :
Publisher : Cengage Learning
ISBN 13 : 9780538478922
Total Pages : 496 pages
Book Rating : 4.4/5 (789 download)

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Book Synopsis Corporate Entrepreneurship & Innovation by : Michael H. Morris

Download or read book Corporate Entrepreneurship & Innovation written by Michael H. Morris and published by Cengage Learning. This book was released on 2010-11-30 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: CORPORATE ENTREPRENEURSHIP & INNOVATION is a comprehensive, one-of-a-kind text for the emerging business arena of entrepreneurship and innovation. Built on years of research and experience, this unique text employs a clear and informative how-to approach and features sections and chapters organized according to a summary model of the corporate entrepreneurship process. A professional format and look make the text especially appealing and appropriate for sophisticated readers and experienced business professionals. This groundbreaking text fulfills a real business need, because many executives consider entrepreneurial behavior a key to sustaining their companies' competitive advantage, but few possess genuine knowledge of the subject or understand how to apply it. The Third Edition of CORPORATE ENTREPRENEURSHIP & INNOVATION provides detailed, actionable answers to the what, how, where, and who questions surrounding corporate entrepreneurship in today's dynamic business environment. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.

American Entrepreneur

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Author :
Publisher : HarperChristian + ORM
ISBN 13 : 0814414125
Total Pages : 544 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis American Entrepreneur by : Larry Schweikart

Download or read book American Entrepreneur written by Larry Schweikart and published by HarperChristian + ORM. This book was released on 2009-09-23 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book vividly illustrates the history of business in the United States from the point of view of the enterprising men and women who made it happen. Ever since the first colonists landed in the New World, Americans have forged ahead in their quest to make good on promises of capitalism and independence. Weaving stirring narrative with economic analysis, this historical deep dive recounts the successes and failures of some of the most iconic business people to grace our history books--from the founding of our country to the present day. In American Entrepreneur, you’ll learn about how: Eli Whitney changed the shape of the American business landscape; the Civil War impacted the economy, and how it was renewed by the subsequent dominance of Andrew Carnegie and J. P. Morgan; Asa Candler, W. K. Kellogg, Henry Ford, and J.C. Penney led the rise of the consumer marketplace; and Warren Buffett’s, Michael Milken’s, and Martha Stewart’s experience in the “New Economy” in the 1990s--and how that economy continues today. It is an adventure to start a business, and the greatest risk takers in that adventure are entrepreneurs. This is the epic story of America’s entrepreneurs and how they created the economy we enjoy today.

Lead Like an Entrepreneur

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Author :
Publisher : McGraw Hill Professional
ISBN 13 : 0072262354
Total Pages : 288 pages
Book Rating : 4.0/5 (722 download)

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Book Synopsis Lead Like an Entrepreneur by : Neal Thornberry

Download or read book Lead Like an Entrepreneur written by Neal Thornberry and published by McGraw Hill Professional. This book was released on 2006-01-19 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: RUN YOUR ORGANIZATION LIKE A RISK-TAKING STARTUP Featuring in-depth profiles and success stories from some of today’s top companies, including IBM, 3M, Intel, General Electric, and many others, Lead Like an Entrepreneur reveals how to foster innovation at all levels of the corporation and how to employ entrepreneurial leadership qualities to turn ideas into economic value. “In Lead Like an Entrepreneur, Thornberry has cracked the code on how to replicate the successful behaviors of entrepreneurial leaders….Should be required reading for companies that desire to inject world-class entrepreneurial IQ into the DNA of their company cultures.” --John Kilcullen, President and Publisher, Billboard and former Chairman and CEO of IDG Books “In an age where sustainable competitive advantage is increasingly difficult to achieve, this book provides a platform upon which to build it….I recommend this book to anyone responsible for developing and improving leadership in their company.” --Peter Wright, Vice President of Human Resources, Refining & Marketing, British Petroleum, PLC “Developing entrepreneurial leaders is the key to finding hidden value in any organization. Learn how to create or rekindle the entrepreneurial spirit in your organization, and all of your stakeholders will benefit.” --Gary Acinapura, President, Alcoa Exteriors Lead Like An Entrepreneur reveals how to harness the creativity and innovative thinking that is typical of entrepreneurs and use it as a solution to the organizational sluggishness that affects so many established companies. Author Neal Thornberry, faculty director at Babson College--renowned for its entrepreneurial education program--explains how to become an entrepreneurial leader, as well as how to identify, attract, and support this new class of corporate leader. Fostering this type of risk-taking leadership creates substantial benefits because it takes only a few such people within an organization to make significant differences to the top and bottom lines. Promote the entrepreneurial spirit in your organization by: Integrating leadership and management within an entrepreneurial framework Identifying new business opportunities with high growth potential Focusing human energy on value-creating activities Identifying and developing the four types of entrepreneurial leaders--explorers, miners, accelerators, and integrators Attracting and supporting entrepreneurial leaders through focused management development programs Featuring in-depth profiles and success stories from some of today’s top companies, including IBM, Siemens, 3M, IDG, Sodexho, P&G, Intel, General Electric, and many others, this essential guide will help you overcome bureaucratic impediments and cultivate the leaders of tomorrow, putting your business on a direct path of growth, renewed energy, and spectacular success.

Growing an Entrepreneurial Business

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Author :
Publisher : Stanford University Press
ISBN 13 : 080477756X
Total Pages : 416 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis Growing an Entrepreneurial Business by : Edward Hess

Download or read book Growing an Entrepreneurial Business written by Edward Hess and published by Stanford University Press. This book was released on 2011-02-01 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growing an Entrepreneurial Business: Concepts and Cases is a textbook designed for courses that focus on managing small to medium sized enterprises. It focuses on the major management challenges that successful start-ups encounter when leaders decide to grow and scale their businesses. The book is divided into two parts—text and cases—to provide professors with maximum flexibility in organizing their courses. The thirty-five cases can be used in conjunction with the text, or independently. Twelve cases are written as narratives with multiple teaching points, but without a focus on a particular business decision; the remaining twenty-three cases were written around specific conundrums related to strategy, operations, finance, marketing, leadership, culture, human resources, organizational design, business model, and growth. Discussion questions are provided for each case. The text portion of the book discusses key issues derived from the author's research and consulting, and is meant to complement the case method of teaching, raising issues for conversation. In addition to the real-world knowledge that students will derive from the cases, readers will take away research-based templates and models that they can use in developing or consulting with small businesses.

Essentials of Entrepreneurship

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 9780471444534
Total Pages : 394 pages
Book Rating : 4.4/5 (445 download)

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Book Synopsis Essentials of Entrepreneurship by : TiE: The Indus Entrepreneurs

Download or read book Essentials of Entrepreneurship written by TiE: The Indus Entrepreneurs and published by John Wiley & Sons. This book was released on 2003-05-22 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: A gold mine of advice and guidance from an international team of entrepreneurial all-stars From TiE, the world's largest not-for-profit entrepreneurial organization, this valuable handbook features chapters written by acknowledged experts in their respective fields. It covers all areas of vital concern to entrepreneurs-as well as the accountants, venture capitalists, and attorneys who work with them-including legal issues, venture funding, management teams, stock options, business planning, and much more. TiE is a worldwide organization founded in Silicon Valley over a decade ago and dedicated to promoting entrepreneurial ventures. Its members number 800 professionals in forty-one locations in eight countries.

The Toilet Paper Entrepreneur

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Author :
Publisher : Toilet Paper Entrepreneur
ISBN 13 : 0981808204
Total Pages : 201 pages
Book Rating : 4.9/5 (818 download)

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Book Synopsis The Toilet Paper Entrepreneur by : Mike Michalowicz

Download or read book The Toilet Paper Entrepreneur written by Mike Michalowicz and published by Toilet Paper Entrepreneur. This book was released on 2008 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trying to start a business in this economy? Struggling with little or no cash? Have no experience, no baseline to judge your progress against? Whether you’re just starting out or have been at it for years, the Toilet Paper Entrepreneur's "get real", actionable approach to business is a much-needed swift kick in the pants.

Unlocking Your Entrepreneurial Potential

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Author :
Publisher : iUniverse
ISBN 13 : 9781462032464
Total Pages : 244 pages
Book Rating : 4.0/5 (324 download)

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Book Synopsis Unlocking Your Entrepreneurial Potential by : Tim S. McE

Download or read book Unlocking Your Entrepreneurial Potential written by Tim S. McE and published by iUniverse. This book was released on 2011-09-06 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: BASED ON PERSONAL EXPERIENCE, THIS BUSINESS GUIDE SHARES PRINCIPLES, TECHNIQUES, STRATEGIES, AND TACTICS TO HELP SELF-FUNDED ENTREPRENEURS IMPROVE THEIR CHANCES OF SUCCESS. Statistics indicate more than 50 percent of all new businesses will fail within five years, and 50 percent of the survivors will fail during the following five-year period. But there are ways to survive and thrive. In Unlocking Your Entrepreneurial Potential, author and entrepreneur Tim S. McEneny shares insights from his thirty-year entrepreneurial career to help other self-funded entrepreneurs unlock their potential and improve their probability of success. McEneny discusses his mistakes, his successes, and his important business lessons; he also provides tips on such topics as hiring great people, investing, dealing with stress, and selling more to existing customers. He covers the basic information an entrepreneur needs to understand while navigating the life cycle of a business. From the perspectives of mind-set, marketing, money, and management, Unlocking Your Entrepreneurial Potential describes principles and techniques for a start-up businesss seven stages: Preparation and planning Launch through breakeven Achieving and maintaining profitability Growth Reinvention Decline (and cost-cutting) Selling the company. More than a self-help book, Unlocking Your Entrepreneurial Potential provides a prescription for economic prosperityfor the individual, the United States, and entrepreneurs throughout the world.

The Lean Startup

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Author :
Publisher : Crown Currency
ISBN 13 : 0307887898
Total Pages : 337 pages
Book Rating : 4.3/5 (78 download)

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Book Synopsis The Lean Startup by : Eric Ries

Download or read book The Lean Startup written by Eric Ries and published by Crown Currency. This book was released on 2011-09-13 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most startups fail. But many of those failures are preventable. The Lean Startup is a new approach being adopted across the globe, changing the way companies are built and new products are launched. Eric Ries defines a startup as an organization dedicated to creating something new under conditions of extreme uncertainty. This is just as true for one person in a garage or a group of seasoned professionals in a Fortune 500 boardroom. What they have in common is a mission to penetrate that fog of uncertainty to discover a successful path to a sustainable business. The Lean Startup approach fosters companies that are both more capital efficient and that leverage human creativity more effectively. Inspired by lessons from lean manufacturing, it relies on “validated learning,” rapid scientific experimentation, as well as a number of counter-intuitive practices that shorten product development cycles, measure actual progress without resorting to vanity metrics, and learn what customers really want. It enables a company to shift directions with agility, altering plans inch by inch, minute by minute. Rather than wasting time creating elaborate business plans, The Lean Startup offers entrepreneurs—in companies of all sizes—a way to test their vision continuously, to adapt and adjust before it’s too late. Ries provides a scientific approach to creating and managing successful startups in a age when companies need to innovate more than ever.

The Origin and Evolution of New Businesses

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Author :
Publisher : Oxford University Press
ISBN 13 : 019803010X
Total Pages : 433 pages
Book Rating : 4.1/5 (98 download)

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Book Synopsis The Origin and Evolution of New Businesses by : Amar V. Bhide

Download or read book The Origin and Evolution of New Businesses written by Amar V. Bhide and published by Oxford University Press. This book was released on 2003-10-16 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is this mysterious activity we call entrepreneurship? Does success require special traits and skills or just luck? Can large companies follow their example? What role does venture capital play? In a field dominated by anecdote and folklore, this landmark study integrates more than ten years of intensive research and modern theories of business and economics. The result is a comprehensive framework for understanding entrepreneurship that provides new and penetrating insights. Examining hundreds of successful ventures, the author finds that the typical business has humble, improvised origins. Well-planned start-ups, backed by substantial venture capital, are exceptional. Entrepreneurs like Bill Gates and Sam Walton initially pursue small, uncertain opportunities, without much capital, market research, or breakthrough technologies. Coping with ambiguity and surprises, face-to-face selling, and making do with second-tier employees is more important than foresight, deal-making, or recruiting top-notch teams. Transforming improvised start-ups into noteworthy enterprises requires a radical shift, from "opportunistic adaptation" in niche markets to the pursuit of ambitious strategies. This requires traits such as ambition and risk-taking that are initially unimportant. Mature corporations have to pursue entrepreneurial activity in a much more disciplined way. Companies like Intel and Merck focus their resources on large-scale initiatives that scrappy entrepreneurs cannot undertake. Their success requires carefully chosen bets, meticulous planning, and the smooth coordination of many employees rather than the talents of a driven few. This clearly and concisely written book is essential for anyone who wants to start a business, for the entrepreneur or executive who wants to grow a company, and for the scholar who wants to understand this crucial economic activity.