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support structure (step 7)
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Read moregrowth potential
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Read morecorporate entrepreneurial activities
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Read morerewards (step 8)
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Read morerapidly growing firm,”Entrepreneurs in high-growth firms distinguish themselves with leading entrepreneurial practices in marketing, finance, and MANAGEMENT! As high- potential firms “” grow up big”” they experience stages (Wonder, Blunder, Thunder, Plunder, and Asunder), each with its own special challenges and crises
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Read moremaximize fit with customer requirements
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Read morederivative,”rework existing platforms or product categories to fit a particular need or niche
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Read moremore on maximizing fit with customer requirements,”Must offer more compelling features, greater quality, more attractive pricing, better value than competing productsWhy do companies fail to do this? no clear sense of what customers value most so overinvest in wrong features; overestimate customer willingness to pay for features so stuff product with unwanted features, too expensive; Cannot resolve heterogeneity in customer demands so compromise too much
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Read more“whats more important, radical or incremental changes?”
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