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How Corporate HQ Can Get More from Innovation Outposts

Harvard Business Review

They received generous expat remuneration packages and the tremendous opportunity to create their own social capital by meeting entrepreneurs and venture capitalists and being exposed to the frontier of ideas and technologies. The company no longer has any operations at all in Silicon Valley.

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What BMW’s Corporate VC Offers That Regular Investors Can’t

Harvard Business Review

Third, corporate VCs and accelerators are costly and complex to operate, turning them into a slow and expensive innovation tool. In fact, BMW’s greatest co-innovation success, 12 years earlier, had been in a “venture client” relationship with an early stage startup: Mobileye, now a leader in collision-avoidance technology.

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What VCs Can Teach Executives About What Drives Returns

Harvard Business Review

As industrial era companies, from Mattel to GE, start to transform into software-enabled businesses, executives stand to benefit from understanding three principles that drive venture investors. Venture capitalists never expect their work to be repaid evenly. ” It a necessary piece of venture investing.

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What It Takes to Become a Great Product Manager

Harvard Business Review

PMs have to have a deep understanding of how the organization operates and must build social capital to influence the success of their product – from obtaining budget and staffing to securing a top engineer to work on their product.