Harvard Innovation Lab Workshop: Entrepreneurship 101
Post date: Aug 22, 2012 2:18:35 AM
Entrepreneurship 101: http://ilab.harvard.edu/sites/default/files/u24/I-Lab-Entrepreneurship-101-workshop-15-October-2011.pdf
• Treatment of Employees
– Foster a meritocracy
– ensure people know they will be recognized for their achievements
– Hire the right people
– Competitiveness, passion, and compassion.
– Reward employees for growing the company by giving them equity in the company.
• Approach to Innovation
– Ask for ideas from your employees
– Set up formal structure for intrapreneurship
– Build a diverse workforce (diverse viewpoints result in better ideas and better products)
– Design a career path for intrapreneurs
– Be prepared to deal with failed ventures