Archive for the ‘Entrepreneurship’ Category

By Robert D. Hisrich, Ph.D.

Traditional entrepreneurs — the kind who risk everything to launch a venture in their parents’ garage — spend much of their time fighting against government. They relate to the Rabbi in “Fiddler on the Roof,” who quips: “May God bless and keep the Tsar … far away from us!” They know that if government creates anything, it is usually bureaucracy. Rules, regulations, permit procedures and, of course, tax bills all come from City Hall. Government culture is simply not built for entrepreneurship. At least, this was my view before meeting Saudi official Amr Al-Dabbagh in January 2009. | Book: Governpreneurship: Establishing a Thriving Entrepreneurial Spirit in Government (Edward Elgar, Oct. 17, 2012)
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By Amanda Bullough, Ph.D.

Entrepreneurship has taken a beating in the Great Recession that has lingered since 2008. Funding sources have dried up and projects have been put on hold as market leaders hunker down for the long haul. Yet the world needs innovators ready to create jobs, manage risks and drive growth. How do entrepreneurs bounce back from uncertainty and decline, and start businesses ventures in challenging times? Our research, based on 500 survey responses in the United States and abroad, reveals two major factors. The first is entrepreneurial self-efficacy, or belief in one’s ability to do what it takes to be an entrepreneur. The second is resilience, or the ability to persevere after hardship or failure. Both traits can be learned and practiced, which is good news for would-be entrepreneurs. Here are five steps that individuals can take:
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The world awaits the innovation that will come from Thunderbird School of Global Management graduates in the coming decades, retired Target Chairman and CEO Bob Ulrich said during his keynote address Dec. 16, 2011, at winter commencement. “Your creative ideas are what the world is waiting for,” said Ulrich, who received an honorary Doctor of International Law from Thunderbird during the ceremony. “Your ideas will help shape how we live in the rest of the 21st century.” Ulrich spoke to more than 170 graduates from 30 countries at the Renaissance Glendale Hotel and Spa near Thunderbird’s main campus in Glendale, Arizona. | Video: Thunderbird Winter 2011 Commencement (2:07:38) | Video: Graduates share their greatest T-bird moments (5:21) | Photos: View 496 graduation images on Flickr
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By Hernan Pisano ’08, Thunderbird MBA

Some financial bloggers and other market analysts predict gloomy days ahead for the high technology industry. The Economist and Financial Times both published recent posts suggesting the “second coming” of the Internet bubble. But closer analysis casts doubt on this hypothesis. Pricing patterns, lack of credit, relevant involvement of corporations, cultural shifts and historic data all make a repeat bubble unlikely. A significant consolidation will bring blood, sweat and tears, but this will not be a “bubble style” massacre.
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By Robert D. Hisrich, Ph.D.

Entrepreneurs stand out in a crowd. They like being their own boss. They think big, take risks and shrug off failure. When they feel stifled or bored, they either change their environment or leave. But do not let them go. Your organization needs them. The entrepreneurs on your payroll are the pioneers who spark new enterprises, products, services and processes. They see opportunities that others miss and create value for everyone around them, including customers, employees, shareholders and communities. They are your most important edge in an era of increased global competition. | Video: Why You Need Corporate Entrepreneurs (2:33) | Video: Keeping Entrepreneurs Happy (2:42) | Video: Balancing Freedom with Corporate Controls (2:10) | Video: Should You Keep Your Day Job? (2:23) | Book: Corporate Entrepreneurship
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Story and photos by Samantha M. Novick

Significant financial reforms in the 1990s set India on a course toward a freer, more open economy ripe for entrepreneurship. I traveled to five cities in India to meet Thunderbirds who have ditched the corporate world to strike out on their own. All across the country, Thunderbirds are leveraging their global mindset and corporate business acumen to take advantage of the booming environment. Here is the story of how 2010 Thunderbird graduate Krishna Chilukuri found success in Chennai. | Video: India catches its stride: Krishna Chilukuri (2:37)
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Story and photos by Samantha M. Novick

Significant financial reforms in the 1990s set India on a course toward a freer, more open economy ripe for entrepreneurship. I traveled to five cities in India to meet Thunderbirds who have ditched the corporate world to strike out on their own. All across the country, Thunderbirds are leveraging their global mindset and corporate business acumen to take advantage of the booming environment. Here is the story of how 2011 Thunderbird graduate Narasimha Reddy found success in Mumbai. | Video: India catches its stride: Narasimha Reddy (2:33)
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Story and photos by Samantha M. Novick

Significant financial reforms in the 1990s set India on a course toward a freer, more open economy ripe for entrepreneurship. I traveled to five cities in India to meet Thunderbirds who have ditched the corporate world to strike out on their own. All across the country, Thunderbirds are leveraging their global mindset and corporate business acumen to take advantage of the booming environment. Here is the story of how 1997 Thunderbird graduate Harsha Moily found success in Bengaluru. | Video: India catches its stride: Harsha Moily (2:51)
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Story and photos by Samantha M. Novick

Significant financial reforms in the 1990s set India on a course toward a freer, more open economy ripe for entrepreneurship. I traveled to five cities in India to meet Thunderbirds who have ditched the corporate world to strike out on their own. All across the country, Thunderbirds are leveraging their global mindset and corporate business acumen to take advantage of the booming environment. Here is the story of how 1994 Thunderbird graduate Kimiko Thakur Menzies found success in Bengaluru. | Video: India catches its stride: Kimiko Thakur Menzies (2:51)
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Story and photos by Samantha M. Novick

Significant financial reforms in the 1990s set India on a course toward a freer, more open economy ripe for entrepreneurship. I traveled to five cities in India to meet Thunderbirds who have ditched the corporate world to strike out on their own. All across the country, Thunderbirds are leveraging their global mindset and corporate business acumen to take advantage of the booming environment. Here is the story of how 1992 Thunderbird graduate Andy Khandwala found success in Bengaluru. | Video: India catches its stride: Andy Khandwala (2:57)
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