Archive for the ‘Corporations’ tag

Jan 6, 2020

Strategies for the Digital Age Part 2 – Corporate Venturing

Posted by in categories: business, futurism
https://pixabay.com/images/id-736885/ by Bessi

The leadership challenge for all commercial organisations today is one of delivering continuous growth to their shareholders while trying to navigate an increasingly uncertain future and a world being transformed by dramatic advances in science and technology. There is also an underlying sense that we have to do everything faster – perhaps for fear that the opportunities may not last very long. In response, we are seeing the growing use of two key growth strategies — the quest for exponential growth and the growing use of corporate venturing. I discussed exponential growth in Part 1, and in Part 2 I focus on the learning and development implications of the adoption of corporate venturing.

Corporate venturing and intrapreneuring are seen as ways of buying ourselves faster learning and growth. As organisations wrestle with finding the right path to the future, we can expect a growing focus on the use of corporate venturing, or corporate venture capital. This is basically the investment of funds in external start-up companies. Intrapreneuring tends to be used to refer to investment in new venture ideas generated by internal team members. Typically, these venturing approaches are focused on capital and resource investments in firms and internally generated ideas that could enhance the core business, create enterprises in adjacent sectors, or generate ventures that could potentially disrupt and compete with the existing entity.

This business model may become increasingly popular as firms look to these startups to help speed up knowledge acquisition, learn about emerging technologies, accelerate entry to new markets, or access critical skills and resources. Core to the success of such models are intrapreneurs and venture managers who can help the ventures gain the support they need from the core business without the imposition of unnecessary central processes and controls. Alongside these venture management skills, success requires internal leaders and functional heads to have the ability to collaborate with new ventures which might threaten their existing business.

As the desire is typically to launch these venturing and internal incubator units at speed, a level of pre-emptive skills investment is required to establish the required structures and processes to manage the activities. Fast track approaches to learning here would include meeting with a range of such venture units in different organisations. These study tours can provide deep insight into the technical aspects of running venturing and how they have tackled the issues of securing internal support, ensuring accelerated decision making, and dealing with the conflicts that can arise as parts of the business feel threatened by the new initiatives and investments. Secondments to and from established venturing units and venture capital funds can also help with accelerated knowledge acquisition.

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Jun 9, 2010

Have Corporations Become a Global Existential Threat?

Posted by in categories: business, ethics, existential risks

Perhaps you think I’m crazy or naive to pose this question. But more and more the past few months I’ve begun to wonder if there is a possibility here that this idea may not be too far off the mark.

Not because of some half-baked theory about a global conspiracy or anything of the sort but simply based upon the behavior of many multinational corporations recently and the effects this behavior is having upon people everywhere.

Again, you may disagree but my perspective on these financial giants is that they are essentially predatory in nature and that their prey is any dollar in commerce that they can possibly absorb. The problem is that for anyone in the modern or even quasi-modern world money is nearly as essential as plasma when it comes to our well-being.

It has been clearly demonstrated again and again — all over the world — that when a population has become sufficiently destitute that the survival of the individual is actually threatened violence inevitably occurs. On a large enough scale this sort of violence can erupt into civil war and wars, as we all know too well can spread like a virus across borders, even oceans.

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