Biannual Workshop
For corporate intrapreneurs:
Believe it or not, even large and mature companies often initiate entrepreneurial efforts inside their own companies, and they look for employees who have the right attributes to make this happen. If you want to explore the world of an entrepreneur, without jumping ship, this would be the way to do it. Entrepreneurs working inside big companies are called “intrapreneurs."
Many companies do this to explore opportunities for growth outside their normal domain, and compete with conventional startups, to penetrate new markets and profit from the next big thing. A reason on the other end of the spectrum would be to de-consolidate non-core functions to live or die on their own merits. A third reason would be to mingle and learn from the startup culture.
Your challenge as a corporate entrepreneur, or intrapreneur, is thus actually tougher than starting your own business on the outside. It looks more attractive, considering the guaranteed funding up front, access to pre-trained internal team members and professional analysis of the financial considerations, but there are challenges that need to be taken in consideration in order to integrate and align strategically with other internal areas and organizations such as R&D, strategic innovation portfolio, for successful acquisitions or spun-offs.
For aspiring entrepreneurs participating in the Innovation and Start-up Workshops, there are a couple of lessons to learn and worth to mention here. First, entrepreneurship (or intrapreneurship) is a mindset that team members can apply for value in corporations, as well as start-ups. Second, huge resources, even with this mindset, won’t make a startup or a spin-off successful. The magic is figuring out how to do more with less. So why are you waiting for that big investor?
Many companies do this to explore opportunities for growth outside their normal domain, and compete with conventional startups, to penetrate new markets and profit from the next big thing. A reason on the other end of the spectrum would be to de-consolidate non-core functions to live or die on their own merits. A third reason would be to mingle and learn from the startup culture.
Your challenge as a corporate entrepreneur, or intrapreneur, is thus actually tougher than starting your own business on the outside. It looks more attractive, considering the guaranteed funding up front, access to pre-trained internal team members and professional analysis of the financial considerations, but there are challenges that need to be taken in consideration in order to integrate and align strategically with other internal areas and organizations such as R&D, strategic innovation portfolio, for successful acquisitions or spun-offs.
For aspiring entrepreneurs participating in the Innovation and Start-up Workshops, there are a couple of lessons to learn and worth to mention here. First, entrepreneurship (or intrapreneurship) is a mindset that team members can apply for value in corporations, as well as start-ups. Second, huge resources, even with this mindset, won’t make a startup or a spin-off successful. The magic is figuring out how to do more with less. So why are you waiting for that big investor?
For start-up entrepreneurs
You must determine your business model or risk a floundering startup. It’s the way you intend to generate revenue and profits as well as how you plan to deliver your value proposition to your customers. The business model expresses the logic of your business.
Remember, you are going to need to offer your customers more in use value than in cash value. Think about it. Of course, there will be payment, but the transaction needs to be a pleasure, not a pain. The whole idea is to increase gains and reduce those pains.
Most of us who start a business are thrilled by the idea, in love with the product and eager to get out there selling it. The trouble that the world we confront is an infinitely complex system and we have to ensure that all the moving parts are working to our advantage.
Remember, you are going to need to offer your customers more in use value than in cash value. Think about it. Of course, there will be payment, but the transaction needs to be a pleasure, not a pain. The whole idea is to increase gains and reduce those pains.
Most of us who start a business are thrilled by the idea, in love with the product and eager to get out there selling it. The trouble that the world we confront is an infinitely complex system and we have to ensure that all the moving parts are working to our advantage.
Defining and validating your business model is how you:
|
The workshop participant entrepreneurs have a valuable opportunity to innovative design or review their start-up business model. The choice is almost infinite between validating the current design, adopting a known or proven model used by established firms or what is called in the jargon, a disruptive model, that follows no existing models, or combines elements of existing ones in novel ways. In addition to the continuing studies and professional development, the one day workshop format and events offer a valuable opportunity to building and maintaining business relationships for your company and personal growth with leaders of the local start-ups ecosystem.
Who Should Attend
This workshop series is ideal for corporate startup intrapreneurs, innovation entrepreneurs, startup business entrepreneurs, managers, functional leaders, business and technology analysts, consultants, as well as independent business professionals, M.B.A. and MIS graduate students with entrepreneurial spirit looking to become strong leaders in a global startup ecosystem.
REGISTRATION
Please contact us for upcoming workshops section dates and registration costs.
New York City: Spring 2018
Chicago: Spring 2018
Paris: Summer 2018
New York City: Spring 2018
Chicago: Spring 2018
Paris: Summer 2018
2018 Schedule Coming Soon !
Contact us for additional information or questions about the Innovation & Startups Workshop Series.
Workshop locations in New York, Chicago, and Paris
Columbia University New York
Alfred Learner Hall 2920 Broadway, New York, NY 10027 |
University of Chicago
Gleacher Conference Center 450 N Cityfront Plaza Dr, Chicago, IL 60611 |
INSEAD
Europe Campus Boulevard de Constance 77305 Fontainebleau. France |