Which concept describes an autonomous unit designed to facilitate entrepreneurship within an organization?

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Multiple Choice

Which concept describes an autonomous unit designed to facilitate entrepreneurship within an organization?

Explanation:
An autonomous unit designed to foster entrepreneurship inside an organization is called a New Venture Team. This type of team is cross-functional and given its own mandate, resources, and decision-making authority to identify, test, and develop new business opportunities within the company. The goal is to move quickly, learn through experimentation, and create value without being hampered by the parent organization’s everyday processes. This structure supports intrapreneurship—bringing innovative ideas to life inside the existing company while staying aligned with overall strategy. Skunkworks also aims for rapid development, but it’s typically a secretive, high-speed R&D effort rather than a formal internal venture designed to cultivate multiple new businesses. A Champion is an advocate for a project, helping remove obstacles, while a Critic plays the role of questioning assumptions. Neither represents an autonomous unit focused on launching new entrepreneurial ventures.

An autonomous unit designed to foster entrepreneurship inside an organization is called a New Venture Team. This type of team is cross-functional and given its own mandate, resources, and decision-making authority to identify, test, and develop new business opportunities within the company. The goal is to move quickly, learn through experimentation, and create value without being hampered by the parent organization’s everyday processes. This structure supports intrapreneurship—bringing innovative ideas to life inside the existing company while staying aligned with overall strategy.

Skunkworks also aims for rapid development, but it’s typically a secretive, high-speed R&D effort rather than a formal internal venture designed to cultivate multiple new businesses. A Champion is an advocate for a project, helping remove obstacles, while a Critic plays the role of questioning assumptions. Neither represents an autonomous unit focused on launching new entrepreneurial ventures.

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