Corporate Entrepreneur

1
Corporate Entrepreneur

• Entrepreneurial Personality
• Types of Risk
• Negative Effects of Ego
• Model of Entrepreneurial Motivation
• Intrapreneurial Framework

2
Corporate Entrepreneur - Continued

• Categories of Entrepreneurs
• Myths About Corporate Entrepreneurs
• Critical Roles in Corporate Entrepreneurship
• Subordinates View of the Entrepreneurial Manager
• Entrepreneurial Mindset

3
Entrepreneurial Personality

• Psychological Characteristics
• Sociological Characteristics

4
Types of Risk

• Financial
• Career
• Family and Social
• Psychic
• Stress Expectations vs Ability

5
Negative Effects of Ego

• Overbearing need for Control
• Sense of Distrust
• Overriding desire for Success
• Unrealistic Optimism

6
Model of Entrepreneurial Motivation

• Figure 5.1
• Antecedents

7
Intrapreneurial Framework

• Intrapreneur?
• Corporate Entrepreneurial Action
• Conceptualization
• Implementation
• Figure 5.2

8
Categories of Entrepreneurs

• Personal Achiever Classic Entrepreneur
• Super-Salesperson Achieves success through
  networking, selling, and people skills
• Real Manager Strong Managerial skills with
  aggressive growth orientation
• Expert idea Generator Expertise plus creativity
• No single best form

9
Myths About Corporate Entrepreneurs

• Money is prime objective
• High risk takers
• Shoot from the hip, Luck is critical
• Lack morals or ethics
• Power-hungry attitude and must build an empire

10
Critical Roles in Corporate Entrepreneurship

• Initiator
• Sponsor/Facilitator
• Champion/Manager
• Team Supporter
• Reactor
• Other (15)
• Skill Sets
• Role of Sponsors

11
Function of Sponsor

• Reflect personality and position of the champion
• Nature of innovative project
• Nonfinancial resources
• Investment
• Critics

12
Subordinates View of the Entrepreneurial Manager

• 11 Behaviors
• Payoffs

13
Entrepreneurial Mindset (EM)

• Change as the future goal
• Perceived capability to achieve change
• Table 5.3

14
EM Maintenance Requirements

• Framing the Challenge
• Absorb Uncertainty
• Define Gravity
• Clearing Obstacles
• Finger on the Pulse of the Project