A well-funded R&D program isn’t enough. Corporations must invest in business opportunities outside their four walls to accelerate innovation and growth.
Adventures in Corporate Venturing
New Ventures: A Special Report
by Jill Albrinck, Jennifer Hornery, David Kletter, and Gary Neilson
content new ventures
Photography by Holly Lindem
Jill Albrinck is a vice president with BoozAllen & Hamilton in Chicago. She is an expert in transforming sales, service, and channel operations for automotive, life science, consumer products, and industrial products companies. She has recently focused on helping companies build e-business capabilities.
Jennifer Hornery (email@example.com) is a senior associate with Booz-Allen & Hamilton in New York and is a member of the Organization and Strategic Leadership Competency Center. She focuses on organizational issues, particularly the effects of change on people.
David Kletter (firstname.lastname@example.org) is a principal with Booz-Allen & Hamilton in New York and a member of the Organization and Strategic Leadership Competency Center. He focuses on the design and execution of strategic and organizational change programs.
Gary Neilson (email@example.com) is a senior vice president with BoozAllen & Hamilton in Chicago. He assists Fortune 200 companies with major restructuring and organizational change initiatives, most recently focusing on the organizational implications of e-business.
Although many of the earliest dot-com contenders
have stumbled and even collapsed on the road to riches, well-established companies, no matter what their industry, cannot afford complacency. For if the digital economy holds one lesson, it is that slow and steady does not always win the race. Whether it’s Amazon.com’s one-click ordering technique or Pioneer Hi-Bred’s genetically modiﬁed seeds, disruptive technologies and business system innovations are upsetting the established order in most value chains. Large...