The Venture Imperative: A New Model for Corporate InnovationHardback
List price $33.90
You save $9.88 29% off
Free delivery worldwide
Dispatched in 10 business days
When will my order arrive?
- Publisher: Harvard Business Review Press
- Format: Hardback | 384 pages
- Dimensions: 157mm x 234mm x 36mm | 748g
- Publication date: 1 August 2002
- Publication City/Country: Boston, MA
- ISBN 10: 1578513359
- ISBN 13: 9781578513352
- Sales rank: 1,881,759
'"The Venture Imperative" is strongly practical in orientation! A must-read for those serious about launching a corporate venturing unit within their own company' - Vince Barabba, General Manager, Corporate Strategy and Knowledge Development, General Motors Corporation. Innovation has become a game of corporate life or death: Produce and market successful new ideas, and a company thrives; ride competitors' coattails, and the company eventually falls by the wayside. Yet continuous innovation has traditionally been as risky and difficult as it is essential. How can corporations create an environment that has enough freedom to allow for innovation, while providing enough structure to control risk?In this groundbreaking book, Heidi Mason and Tim Rohner - leading voices in venture strategy - prove that corporate venturing is the best way to intelligently and successfully test and launch innovative corporate growth strategies. Venturing drives corporate strategy by harnessing internal and external innovation, while limiting financial risks. The process starts with the right environment: the Venture Business Office - a group that directly connects individual ventures to the parent investor and the larger venture community. Corporate venture programs have traditionally failed because they lacked a viable structure for business R&D.Drawing lessons from years of experience, Mason and Rohner unveil a new, four-step approach that will enable any business to: create a diversified portfolio of ventures to drive new growth opportunities; optimally allocate people and capital; recognize - and remedy - failing ventures at any stage; keep venture programs connected to the parent firm's strategy, and integrated with R&D, M&A and Corporate Development; measure the results; and, continuously innovate.The authors also show how to utilize the proven Bell-Mason Venture Development Framework - derived from the time-tested best practices of successful new ventures - as a guiding tool throughout the process. For executives, investors, and entrepreneurs alike, this book reveals the art-and the science-behind winning corporate venture programs. Heidi Mason is Managing Director of the Bell-Mason Group, a Silicon Valley-based venture consulting firm and a Fellow with Diamond Cluster International. Tim Rohner is a Partner with DiamondCluster International, a management consulting firm, where he is a leader in the digital strategy and corporate venturing practices.
Add item to wishlist
Other books in this category
USD$29.21 - Save $7.77 21% off - RRP $36.98
USD$6.57 - Save $5.75 46% off - RRP $12.32
USD$23.23 - Save $13.75 37% off - RRP $36.98
USD$11.13 - Save $4.27 27% off - RRP $15.40
Heidi Mason is Managing Director of the Bell-Mason Group, a Silicon Valley-based venture consulting firm and a Fellow with Diamond Cluster International. Tim Rohner is a Partner with DiamondCluster International, a management consulting firm, where he is a leader in the digital strategy and corporate venturing practices.
Table of contents
Part I Laying the Foundation for Innovation Chapter 1 The Venture Imperative Chapter 2 The Fear of Venturing Chapter 3 Battling Corporate Antibodies Chapter 4 Building the Business of Building Businesses Part II A Guide for Venturing Chapter 5 Stage 1 The Venture Vision: Validating the Concept Chapter 6 Stage 2 The Alpha Offering: Building While Planning Chapter 7 Stage 3 The Beta Offering: Testing the Waters Chapter 8 Stage 4 The Market Offering: Calibrating and Expanding Part III Capturing Strategic Value Chapter 9 Ensuring the Future of Corporate Venturing Building the VBO Afterword, by Gordon Bell Appendix A VBO Business Plan Elements Appendix B The VBO Board of Advisors Agreement Appendix C Nanyang Ventures's Use of The Bell-Mason Venture Development Framework Appendix D Venture Business Office Diagnostic Appendix E Customer/Application Profile Template Appendix F Segmentation Analysis Guide Appendix G Partner Profile Template