21 Jun 2010
Harvard Business School Program to Help Leaders Build Successful, New Businesses within Existing Companies
Program focuses on creating growth through innovation, sound business structures, managing cultural change, and sparking entrepreneurialism within established businesses
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Harvard Business School(HBS) will help organizations seeking to drive growth through the organic development of new businesses within existing organizations in its upcoming executive education program, Building New Businesses in Established Companies.

Building New Businesses in Established Companies will focus on the leadership, strategic decision-making, and cultural changes necessary for success in new initiatives. As companies emerge from a global downturn seeking new growth strategies and areas of investment, this program will equip executives with the tools to pursue established organizational goals, while sparking and supporting entrepreneurial ventures.

"To nurture successful, new enterprises within existing firms leaders must be 'ambidextrous' -equipped to explore innovative organic opportunities that can drive growth while leveraging the infrastructure of an established company and managing the demands of day-to-day business operations," said Bruce Harreld, Senior Lecturer of Business Administration at HBS and faculty chair for the program. "Executives will leave this program with a new understanding of how an entrepreneurial approach can create opportunities and how to overcome the cultural, organizational, and political obstacles often presented by large, established companies."

Participants will work with esteemed faculty at HBS to assess and overcome the challenges in building new businesses, including creating the right leadership teams and building internal support for new ideas and investments.

"As companies seek innovative ways to unlock new sources of growth, HBS is proud to offer this unique executive education program that will help leaders identify new opportunities and provide insights on how to maximize them," said Professor David Yoffie, Senior Associate Dean and Chair of Harvard Business School Executive Education programs.

This program will feature the renowned HBS case study method, faculty lectures, interactive classroom discussions, and a guest panel of executives who have had success in building new businesses within established companies and will be sharing their challenges, approaches, and results.

In a carefully selected set of cases, dynamic lectures, and lively peer discussion, participants will examine topics central to the growth of startups in a corporate setting, including building a portfolio, moving from idea to execution and governing internal start-ups.

Program Details:

Building New Businesses in Established Companies will run from July 18-22, 2010, and will take place at the HBS Campus. Please visit http://www.exed.hbs.edu/programs/bv/ for complete curriculum details and to apply.

Faculty:

Lynda M. Applegate, Martin Marshall Professor of Business Administration. Head of the Entrepreneurial Management Unit, member of the General Management Unit; faculty chair of "Owner/President Management," "Key Executives Program," and "Launching New Ventures: Jump-Starting Innovation for Entrepreneurs and Business Owners."

J. Bruce Harreld, Senior Lecturer of Business Administration. Member of the Entrepreneurial Management and the Strategy Units; and faculty chair of "Building New Businesses in Established Companies."

Michael L. Tushman, Paul R. Lawrence MBA Class of 1942 Professor of Business Administration. Member of the Organizational Behavior Unit; and faculty chair of the "Advanced Management Program."

About Harvard Business School:
Founded in 1908 as part of Harvard University, Harvard Business School is located on a 40-acre campus in Boston. Its faculty of more than 200 offers full-time programs leading to the MBA and doctoral degrees, as well as more than 140 open enrollment and custom Executive Education programs. For a century, HBS faculty have drawn on their research, their experience in working with organizations worldwide, and their passion for teaching to educate leaders who have shaped the practice of business and entrepreneurship around the globe.