What Corporate Entrepreneurship Gets Wrong And How It Can Damage Your Company
The notion of corporate entrepreneurship has been around since the 1970s. But only recently has anyone candidly stated what history could have already taught us: “There is no such thing as a corporate entrepreneur.” So wrote Scott Kirsner for Harvard Business Review last year.
Kirsner ably analyzes five ways in which real entrepreneurs differ from their corporate counterparts: entrepreneurial freedom versus corporate bureaucracy, huge financial upside versus limited compensation inside corporations, gut-wrenching fear of failure versus the knowledge that the corporation isn’t going to go under, a do-anything persistence versus the possibility of getting fired for going too far, and a longer time horizon for success versus the pressure for quarterly results.
