A convergence of three dynamics is creating a sea change for innovation and entrepreneurship.  First, the rapid pace of technological advances is causing a frictionless world, where startups and entrepreneurs can compete on a global scale like never before—where barriers to entry are crumbling like the Berlin Wall.  Startup ventures are emerging within industries with historically high barriers to entry.  Secondly, the current business climate in Corporate America has changed the risk equation in favor of entrepreneurial ventures.  Lifetime employment is a thing of the past, and pension plans have been replaced with portable 401Ks.  The past perception of higher levels of job, and financial, security within large companies is no longer enticing would-be entrepreneurs away from entrepreneurial ventures.  Finally, the focus of innovation is changing as we move from past eras of product or process innovation to innovation around complex systems.  While good for the start-up trying to gain a foothold, these dynamics pose a significant threat to the market incumbent.  Misalignment of goals, ambiguity of purpose and functional silos contribute to an institutional inertia that inhibits an established company from leveraging its most plentiful competitive advantage—the intellectual capital from within.

 This session focuses on how your organization can use its size, history and longevity to leverage innovation from within.

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