1. CORPORATE VENTURING
Corporate venturing is an activity which seeks to generate new business for the corporation in which it
resides through the establishment of external or internal corporate venture.
VON HIPPEL
3. CORPORATE VENTURING
Strategic Renewal :- It refers to the corporate entrepreneurial effort that result insignificance
change to the organization business .
Innovation :- It refers to the corporate effort that leads to the development of new product.
Corporate Venturing :- It refers to the corporate entrepreneurial effort that leads to the creation of
new business organization within the corporate organisation
5. NECESSITY OF CORPORATE VENTURING
TO EXPLOIT UNDER UTILIZED RESOURCES
TO EXTRACT FUTHER VALUE FROM EXISTING RESOURCES
TO INTRODUCE COMPETATIVE PRESURE INTO THE INTERNAL
SUPPLIRES
TO SPREAD THE RISK AND COST OF PRODUCT DEVELOPMENT
TO DEVELOP MANAGERS
TO DIVEST NON- CORE ACTIVITIES
6. BENEFITS OF CORPORATE
VENTURING
POTENTIAL HIGH RETURN ON INVESTMENT
SUPPLEMENTS TO INTERNAL RESEARCH
IMPROVE EFFICIENCY TO VALUE CHAIN MANAGEMENT
DISCOVER OF UNMET CUSTOMER
DEVELOPMENT OF NEW BUSINESS RELATIONSHIP
7. NEW VENTURE CREATION
PROCESS
VENTURE VISION------- ALPHA STAGE-----BETA STAGE-------
MARKET OFFERING
8. MARKET OFFERING
CHANNELS
DISTRIBUTION
PROMOTION
LOGISTICS
PACKAGING
PIONT OF SALE
SELF SPACE
9. DIMENTIONS OF INTERNAL CORPORATE VENTURING
STRUCTURE AUTONOMY
DEGREE OF RELATEDNESS TO EXISTING BUSINESS
EXTENT OF INNOVTION
NATURE OF SPONSORSHIP
10. MISCONCEPTION
VENTURING IS IRRELEVANT TO THEIR BUSINESS
VENTURING IS TOO EXPENSIVE
VENTURING IS TOO RISKY
11. CREATING RIGHT ENVIRONMENT
SUPPORT FROM TOP MANAGEMENT
VENTURING GROUP MUST HAVE A PLATFORM
COMMUNICATION SYSTEM
COMPANY MUST CREATE AN INVESTMENT MAP
RIGHT PEOPLE ARE ESSENTIAL
TRANNING AND ASSIGNMENT
STRUCTURE SUPPORT
RESEARCH AND DEVELOPMENT
REWARD SYSTEM
12. CHALLENGES IN VENTURE VISION
QUANTIFYING THE MARKET PROBLEM
DIFFERENTIATING THE OFFERING
DEFINING A REALISTIC BUSINESS MODEL
THINKING BIG AND STARTING SMALL
KNOWING ADOPTION BARRIERS
DEFENDING AGAINST THE COMPETITION
13. IMPORTANT DECISION IN VENTURE
VISION
BUSINESS PLAN
PLATFORM
MARKET
NEW VENTURE TEAM