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Author:Bart, C. K.
Title:New venture units: Use them wisely to manage innovation.
Journal:Sloan Management Review
1988 : SUMMER, VOL. 29:4, p. 35-43
Index terms:PRODUCT DEVELOPMENT
ORGANIZATIONAL STRUCTURE
Language:eng
Abstract:Most large firms are not organized to manage innovation. They are organized to run large, mature, cost-efficient business. Senior managers with new venture unit /NVU/ experience were surveyed from eighty leading Canadian firms. The key concerns that emerged from this research are reported: whether to develop products related to existing operations; how to cope with staffing, compensation; unit structure issues; the feasibility of merging with existing operations. The common problems for each topic are described and analyzed. Implementation advice is offered to make NVUs work.
SCIMA record nr: 62352
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