Corporate venturing: rewarding entrepreneurial talent: summary

Corporate venturing: rewarding entrepreneurial talent: summary
Document type
Summary
Author(s)
Gaule, Andrew; and Spinks, Nigel
Publisher
H-I Network
Date of publication
1 June 2008
Subject(s)
Trends: economic, social and technology trends affecting business, People management: all aspects of managing people
Collection
Business and management
Material type
Reports

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This summary investigates the experiences of managers seeking to promote innovation and entrepreneurial spirit. It identifies a number of ways reward management can help, including:

  • Stimulating the bringing forward of new ideas
  • Promoting commitment to the new venture
  • Motivating the new business development team
  • Attracting talent into the venture from both inside and outside the parent organisation
  • Communicating a change in organisational values
  • Rewarding exceptional value creation.

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