Corporate Entrepreneurship and the GFC

The Role of Corporate Entrepreneurship in the current Global Financial Crisis (GFC) is getting clear by the day: When existent structures and management practices cannot deal with the economic turmoil and markets that claim a new order, then you need to innovate and find a new path to wealth. However, it’s not trivial to start entrepreneurial initiatives within established organizations that spur economic growth. In recent years, the world economic crisis has destroyed a vast number of companies and millions of jobs. Business enterprises, governments, and public institutions around the globe have been forced to undertake major restructuring and transformation efforts. In this context, the subject of corporate entrepreneurship, as a mechanism to innovate and to create new firms, has gained increasing attention among scholars, business practitioners and policy makers. Little is known in the corporate world about the entrepreneurial activity across different regions, and on the determinants/performance/impact of corporate entrepreneurship within this turbulent environment. Erdödy Consultancy join forces with corporations and businesses to look into issues such as the opportunity to explore and exploit mechanisms of entrepreneurial initiatives within the organisation; the implementation and performance of entrepreneurial strategies; the financing and corporate governance of spin-off, joint ventures, etc. Our firm works with our clients creating new ventures, opening new markets and fostering innovation while training and coaching leaders and staff who are excellent managing incremental growth in known environments but struggle to adjust to an entrepreneurial and start up high growth mentality.

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About Corporate Entrepreneurship

Most established organisations find it hard to maintain the initial entrepreneurial spirit that helped them to make it through the start-up stage. As businesses grow, they usually become more structured and more rigid. Schaper and Volery (2004) mention that “managers from many organisations … have reported that although they are satisfied with their operating prowess, they are dissatisfied with their ability to implement change. ‘How do the excellent innovators do it?’ they ask, presuming that excellent innovators exist. ‘What drives the development of new promising opportunities?’. Others question how to expand an organisation beyond its core business. And most fundamental of all: ‘How do we find new ideas?’ The difficulties behind these questions arise from the inherent conflict between the need for organisations to control existing operations and the need to create the kind of environment that will permit new ideas to flourish, and old ones to die a timely death. Businesses have traditionally faced many difficulties in identifying opportunities and turn them into new product lines.”

Erdödy Consultancy specialises in Corporate Entrepreneurship, working with businesses and corporations to create new ventures and open new markets. Visit for more information or contact

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The Economic Impact and Benefits of Culture and Heritage in the Waitaki District (New Zealand)

On the 25th of June 2012, at the beautiful Oamaru Opera House Erdödy Consultancy Ltd will present its recently completed project “The Economic Impact and Benefits of Culture and Heritage for the Waitaki District”.

Commissioned by the Waitaki District Council, this potentials study presents original strategies and links the economic impact of the beautiful Cultural Heritage assets of the district with a proposed Economic Development Strategy based in a Weightless Economy in the region

Slides from the presentation Culture Heritage WDC 25.6.12

Your Chance to Meet the Serial Killers and Explore the Parallel Universe

Because they’re coming to Wellington later this month, so you can meet them and explore it with them.

And maybe you should, especially if you’re someone involved in IT, like a CIO, a CTO or a software engineer.

Something’s happened in the chip world. A change so fundamental it’s created opportunities to do everything faster, better and cheaper – across the board.

Serial computing is dead. It’s just that most people don’t know it yet. But it is. Intel knows that. So does Google. And ARM, the UK company whose processors drive 90% of the world’s smartphones. Weta Digital’s in the new loop, along with the scientists pitching to have the massive Square Kilometre Array (SKA) located in Australasia.

For all of them, serial computing is and old technology, killed by parallel processing. Parallel processing (PP) relies on newgen chips, not with a single core but with many, even thousands of them. For most people, though, the technology’s less important than the possibilities. Which are immense, according to PP’s champions. Many of whom are coming to Wellington this month for Multicore World 2012, New Zealand’s first heads-up on this IT revolution.

Speakers at Multicore World (March 27-28) include Intel Software Director, James Reinders and Dr Tim Mattson from Intel Labs; John Goodacre, Director, ARM Processor DivisionWeta Digital’s CTO, Sebastian Sylwan; Dr Mark Moir from Oracle LabsMicrosoft’s Artur Laksberg as well as the CSIRO’s Dr Tim Cornwell and speakers from the Universities of Melbourne and Otago.

RIP single core CPU?

Yes, and we should be grateful for that. And, whether you’re a convert or a sceptic, this is a great opportunity to meet the serial killers and explore the parallel universe.

Multicore World 2012 has been put together by New Zealand company, Open Parallel and there’s info and registration details on the website

Open Parallel: leaders in Parallel Perl and Parallel PHP (HipHop) using TBB. From James Reinders, Director of Software Products, Intel

Open Parallel Ltd, a company specialised in software for multicore and parallel computing, has released its new white paper “Threading Perl with Threading Building Blocks (TBB)

This paper is complemented with the post at Open Parallel’s website

James Reinders, Intel’s Chief Software Evangelist and Director of Software Products published two posts on Intel’s blog, praising Open Parallel’s team and its work.

They are “Parallel PHP (HipHop) using TBB, kiwi style” and “Parallel Perl using TBB, kiwi style