Producer Program: Framework for Corporate Innovation PPT

This PPT slide, part of the 31-slide Corporate Entrepreneurship Program Development PowerPoint presentation, outlines the adoption details of the Producer Program, emphasizing its similarities to the Advocate Program while highlighting the added corporate support that enhances its effectiveness. Key inputs necessary for successful implementation include well-connected corporate veterans, full-time support staff, a network of business building coaches, and significant funding. These elements are crucial for fostering a robust environment for innovation and entrepreneurship within the organization.

The desired outcome of the Producer Program is to establish a sustainable and self-sustaining new business. This new venture is characterized as potentially disruptive, indicating that it may not conform to existing business unit frameworks. The slide also provides a case example featuring Cargill, a major player in the agriculture sector, which has implemented an Emerging Business Accelerator (EBA) to drive corporate entrepreneurship.

Cargill's EBA serves as a platform for employees and external stakeholders to submit innovative ideas that do not fit within the existing business structure. The process involves developing a high-level business plan, conducting commercial due diligence, and recruiting talent. The EBA is designed to provide capital pending board approval and to manage project performance. Importantly, the EBA focuses on projects that can generate revenue within 3 years, underscoring a results-oriented approach.

This slide effectively communicates the framework and operational mechanics of the Producer Program, demonstrating how organizations can leverage structured support to drive innovation and growth. The insights provided here can guide potential customers in understanding the strategic importance of adopting such a program.

This slide is part of the Corporate Entrepreneurship Program Development PowerPoint presentation.

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Innovation Management Corporate Entrepreneurship Due Diligence Entrepreneurship Innovation

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