As companies grow in size and become big corporations they tend to - TopicsExpress



          

As companies grow in size and become big corporations they tend to loose their appetite for risk taking and the dynamic spirit of game changing entrepreneurship and innovation. And the bigger the company gets the more risk averse it becomes. George Deeb, Managing Partner at Red Rocket Ventures, provides reasons for this phenomenon - Shift in Ownership; Shift in Leadership; Shift in Human Resources; Managing Towards the Middle; Promotion from Within, Feat of Unknown. Moreover his suggestions for big companies include - constantly innovate; build an entrepreneurial culture where risk-taking is encouraged; hire diverse team of smart people who are entrepreneurs at their core. Read on... The Next Web: Why big companies struggle with innovation thenextweb/entrepreneur/2014/08/22/big-companies-struggle-innovation/
Posted on: Sat, 30 Aug 2014 07:17:36 +0000

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