Experimenting with HR Practices: Reinventing the firm as a venture platform

Speakers:

Jules Goddard, CEDEP Faculty, Fellow of London Business School, Member of the Council of the Royal Institute of Philosophy and author of recently published books on both philosophy and business experimentation.

Kate Chauviré, Director, Academic Planning and Coordination, CEDEP

When we are young, most of us create more value for the world by belonging to an organisation and learning to be more effective. The organisation adds value to our talent and capability. But at a certain age, most of us grow out of the need for this supportive and protective environment. The organisation starts to hold us back, and we leave to start up our own businesses. 

The age at which this becomes apparent will vary. Some of us discover our entrepreneurial talent as teenagers and never want or need employment. Others of us never discover it, and we will always need employment security to provide an income. But the vast majority get to this moment of realisation in their 40s.

But what if corporate leaders celebrated rather than mourned the departure of their best talent and took a stake in these new businesses? What about establishing a venture fund and tempting those entrepreneurs to compete for it? 

We need to rethink the very idea of employment. Organisations should become universities of enterprise, learning hubs and venture platforms – and thereby lead an entrepreneurial revolution in society. 

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