The Entrepreneurial Imperative Chapter 1

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Presentation transcript:

The Entrepreneurial Imperative Chapter 1 Contemporary Management Internal Transformations Fostering Continuous Growth and Change New Paradigm Entrepreneurial Imperative

Contemporary Management Skill Sets Efficiency versus Effectiveness Managerial Functions

Internal Transformations Life Cycle Key Factors for Cultivating a Dynamic Organization: Control Responsibility Tolerance for Failure Change and Flexibility

Fostering Growth and Change Expecting the unexpected Anticipating the end of rapid growth Assessing growth and maintaining focus Developing sources of objectivity Thinking like an entrepreneurial company Developing appropriate leadership

New Paradigm Table 1.2 Sustainable Competitive Advantage (SCA) SCA Attributes Adaptability Flexibility Speed Aggressiveness Innovativeness

Entrepreneurial Imperative PAEI Theory: Producing, Administering, Entrepreneuring, and Integrating Entrepreneurial Role CE Framework Paradigm Shift