FTT@580

Corporate Entrepreneurship & Organisational Innovation

To survive and grow in a fast-paced, highly threatening and hyper-competitive global business environment, a modern executive must continually re-examine the basic purpose of their organisation. What’s working today may be obsolete in less than a year. At FTT@580, we do not foresee the future but we certainly enable it by helping our handpicked clients to think and act entrepreneurially, to continually innovate, and engage in an ongoing process of “creative destruction” in pursuit of sustainable competitive advantage. Our specialised approach is dedicated to creating a client-specific vision-directed, organisation-wide reliance on entrepreneurial behaviour that purposefully and continuously rejuvenates the organisation and shapes the scope of its operations through recognition and exploitation of entrepreneurial opportunity.

We help our client integrate entrepreneurial thinking not as an event but part of organisational culture. We operate at the core of corporate entrepreneurship revolution.

1.

Entrepreneurial Strategy & Innovation
 

Tomorrow belongs to those who have vision today! At organisational level, traditional strategies dictates where a firm wants to go and how it plans to get there. Our specialised approach helps our clients introduce entrepreneurship to their strategy and the possibilities regarding where the firm can go, how fast and how to reach there are greatly enhanced. Integration of entrepreneurship with strategy would ensure that innovation and value creation play a significant part in the firm’s strategic direction.

We have developed tools to measure corporate entrepreneurial orientation in order to formulate company specific corporate strategy that is entrepreneurial including corporate venturing as well as developing strategies for entrepreneurship.

FTT@580 strives to place innovation in our client organisation as a company-wide task, not simply the responsibility of the R&D department or the New Product Development Department in isolation. Traditional strategic approaches position innovation as piecemeal, tactical and reactive. Firms have strategies for increasing sales; cutting costs, financial growth and improving operations, but they hardly have a strategy for innovation. We develop firm specific tools for Strategic Innovation. We also offer client-specific approach to Managing Innovation (A Portfolio Approach).

2.

Entrepreneurial Organisation Design
 

At FTT@580 we believe that organisational design is a fundamental process not a repair job. This is why we have developed proprietary models to assess, design, implement as well as embedding Entrepreneurial Orientation unique to client organisation. FTT@580 brings entrepreneurial foresight to help organisations adopt new structural forms that not only allow for change, but also help create it. The risk of failure is ever present. Almost all business – established or star-ups – fail. It may not be total but is evident in some aspects: business fail to control costs, let their customers defect, of they bring the wrong products or service to market. We help our clients to minimize or completely avoid organic failures by consciously designing an entrepreneurial organisation primarily focused on sustainable competitive advantage, performance and adaptability to constant local and global environmental changes.

Simply, we help our clients create a new organic structural form designed to achieve sustainable competitive advantages. Entrepreneurial design means holistic thinking about the organisation’s:

  • IT systems
  • Structures
  • People
  • Performance measures
  • Processes and culture, and
  • The way the whole operates in the environment

3.

Entrepreneurship Audits & Evaluations
 

As businesses aggressively pursue the future, managers must assess actual levels of entrepreneurial activity within the firm. FTT@580 has developed a unique systemic approach to Entrepreneurial Health Audit (EHA). We apply a three steps approach:

  • Firm Entrepreneurial Intensity (EI) Assessment
  • Corporate Entrepreneurship Climate Diagnosis
  • Creation of Organisational Understanding of the Corporate Entrepreneurship / 
Innovation Process.

4.

Applied Business Research & Entrepreneurship Impact Assessments
  Business & Economic data is being generated faster than any organisation can consume or process. FTT@580 is highly specialised and equipped with appropriate Research expertise and tools most suitable for most Applied Business Research and Entrepreneurship Impact Assessments for corporations and public organisations.