Individualism/Collectivism on Corporate Entrepreneurship Ajayraj Chawla -363023 Innovation and Entrepreneurship in IT.

Slides:

Advertisements

Similar presentations

Second Stakeholders Forum on EU cooperation in Education and Training 2009 EUROPEAN YEAR OF CREATIVITY AND INNOVATION Report of the workshops February.

Advertisements

The project is funded by the European Union Institutional capacity development of the three innovation centres and research sector in Bosnia and Herzegovina.

Twelve Cs for Team Building

Why Have Teams Become So Popular?

1 Work in the 21 st Century Chapter 13 Teams in Organizations Ryan McVay/Getty Images.

Culture Defined Organizational culture is the underlying values, beliefs, and principles that serve as the foundation for an organization’s management.

INTRAPRENEURSHIP Session 19 Intrapreneurship Reviewed and discussed the findings of the report: Bosma, Stam, Wennekers (Jan 2010) 'Intrapreneurship -

13- Copyright 2007 Prentice Hall 1 Organizational Theory, Design, and Change Fifth Edition Gareth R. Jones Chapter 13 Innovation, Entrepreneurship, and.

PERSPECTIVES OF ENTREPRENEURSHIP Study unit 3. INTRODUCTION  Entrepreneurship: collective activities of entrepreneurs, which result in a new business.

1 Chapter 12 Strategic Entrepreneurship PART IV MONITORING AND CREATING ENTREPRENEURIAL OPPORTUNITIES.

Learning Outcomes Define leadership, power and authority

Leadership Development Nova Scotia Public Service

Strategic Leadership: Creating a Learning Organization and an Ethical Organization Chapter Eleven Copyright © 2010 by The McGraw-Hill Companies, Inc. All.

The Foundations of Entrepreneurship Sergey Anokhin, Ph.D. Kent State University January 12, 2009.

The Individual and Community. What is Community?

Corporate Culture and Leadership Pertemuan 26 Matakuliah: J0114/Manajemen Pemasaran Tahun: 2008.

A ROADMAP FOR EDUCATION AND TRAINING By Mr. Jürgen Reimann, DCAF.

Copyright © 2008 The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Strategic Management: Text and Cases, 4e 12 Managing Innovation.

Enterprise & Entrepreneurship Education the new curriculum guidelines in Ireland and the UK ISBE 2012, Dublin 6 November Professor David Rae

Culture and Organizations. Class Outline The importance of culture Societal cultures and organizations Internal culture of organizations Video.

The Research Council Oman Fahad Al Hosni, PhD Director, Research Admin.

1 CREATING A LEARNING ORGANIZATION AND AN ETHICAL ORGANIZATION STRATEGIC MANAGEMENT BUAD 4980.

Chapter 1 – THE CHALLENGE OF MANAGEMENT

BA 4216 Cross-cultural Studies in Organizations Motivating across cultures Instructor: Ça ğ rı Topal 1.

The Council for Economic Global Affairs. The Council For Economic Global Affairs Presented by the Collaborative Leadership Council – Bran’Arla Johnson,

Competing For Advantage Part IV – Monitoring and Creating Entrepreneurial Opportunities Chapter 12 – Strategic Entrepreneurship.

High Context vs. Low Context. Background As more companies transition to global markets, employees are finding themselves in foreign locations dealing.

Appendix A Managing Small Business Start Ups. Entrepreneurship u Process of initiating a business venture –organizing necessary resources –assuming risks.

Global Business Conditions and Implications for the Management of Organizations and People.

Starting Your Own Business: The Entrepreneurship Alternative

Background The research topic Product Innovation Strategy belongs to the activity called product planning. It is an ongoing activity that takes place before.

What is entrepreneurship? Process of starting a business. Noticing opportunities. Willingness to take risks. Developing, organizing and managing a business.

Strategic Entrepreneurship

Chapter 20 Corporate Entrepreneurship. Learning Outcomes On completion of this chapter you will be able to: Define the term Corporate Entrepreneurship.

Manager. Manager A Manager is the person responsible for planning and directing the work of a group of individuals, monitoring their work, and taking.

Management Practices Lecture Recap Leadership Models of leadership Power Sources of Power 2.

CRSA Forum March 25 at LBSU. CRSA Forum Objectives 2002 A forum to :-  promote the value and benefits of CRSA in corporate governance and enterprise.

ENTREPRENEURSHIP MANAGEMENT Intrapreneurship

Organization Development and Change © PAPERHINT.COM.

Teams in Organizations

HRD Strategies “ HRD Strategies are a plan that defines how the human resources would be utilized through the use of an integrated array of training, organizational.

Organisational and Corporate Culture

An overview for prospective students interested in pursuing a doctorate in the management disciplines PhD Project Conference November 18-20, 2015.

Project Management “Project Organization” Lecture 6 Resource Person: M. Adeel Anjum.

QUALITY MANAGEMENT IN HUMAN RESOURCE. Quote, “… "Outstanding leaders go out of the way to boost the self-esteem of their personnel. If people believe in.

MGT601 SME MANAGEMENT Lesson 03 The Role of Entrepreneurship in SMEs.

Building Business Transformation Capabilities Our perspective on the building blocks, structure and critical success factors to impact change Gillian.

Part I – Entrepreneurship in the Twenty-First Century

15 Leadership and Management Behavior in Multinational Companies.

Impact-Oriented Project Planning

Chapter Outline Innovation, Technological Change, and Competition

Managing Innovation and Fostering Corporate Entrepreneurship

Context of Business: Trends

Amity Business School Amity School of Business BBA, SEMESTER III INDIVIDUAL, SOCIETY AND NATION Divya Goel.

ENTREPRENEURSHIP Module 3.

14 Work Design.

Organization Development

MIMPRENDO Project Soft skills development for youth employability NASPA International Symposium 2016.

Entrepreneurship and starting a small Business

Teams in Organizations

UA Workplace Experience Survey - Chime in!

Wayne Smith, Ph.D. Department of Management

L E A R N I N G O U T L I N E Follow this Learning Outline as you read and study this chapter.

Professor Edward Lee Lamoureux, Ph.D. Bradley University

SKILLS FOR ENTREPRENEURS

KEY TERMS entrepreneur entrepreneurship venture capital innovation

TALENT MANAGEMENT.

I4.0 in Action The importance of people and culture in the Industry 4.0 transformation journey Industry 4.0 Industry 3.0 Industry 2.0 Industry 1.0 Cyber.

Work in the 21st Century Chapter 13

Presentation transcript:

Individualism/Collectivism on Corporate Entrepreneurship Ajayraj Chawla Innovation and Entrepreneurship in IT

Individualism/Collectivism Defined Individualism Self Orientation Self Sufficiency Self Goal Willingness to confront Hesitant to contribute to group unless their efforts are recognized Collectivism Emphasis on sharing Cooperation Group Harmony Readily contribute to group Group decision making, providing a holistic picture Traits Taken from Hofstede’s cultural dimension

Corporate Entrepreneurship (CE) Traits of an Intrapreneur : New business ventures Innovativeness Autonomy Team Building Enablers: Organizational Culture Top Management Support Reward Systems Promotion of Innovation

Literature Review There is more creativity/innovation within individualistic cultures National culture is a strong determinant in impacting intrapreneurship Overly individualistic/collectivistic corporate culture may be inappropriate for contemporary organizations. Literature review only looking at a harmony between I-C in corporate culture. No research conducted

The Learning Entrepreneurs regardless of their cultural background share a predictable set of values For any innovative idea to be nurtured within an organization a combination of two cultures (I-C) & organizational support is required, whether your in a collectivistic society or individualistic society ? National Culture is a definite part

Case 1: TATA Steel Innovation: Revamping a blast furnace within 130 days, budget USD 520 M. Industry avg: 180 days, 750 M Intrapreneur: RP Singh Path: Self Reliant, made a core team (60) Criticized by consultants and industry experts Managed the mind-set of the team (C) Received top management support Rewarded

Case 2: 3M Innovation: Post it Notes Intrapreneur: Art Fry / Spencer Silver Path: Self Reliant Production issues at 3M : supportive org culture Self recognized team: 15% Bootlegging Policy Received top management support Rewarded

Further Similarities TATA TATA Group Innovation Forum TATA Innovista TATA Innovation mission 3M Innovation Task Force Technical Circle of Excellence Awards, Pacing Plus Program Pacing Plus Program

Learning from other streams 3M & TATA both also promote tolerance to failure Adding to Leanne’s point on innovation in large orgs, do prefer their self build innovation centres. However: TATA with 3M, Microsoft, Du Pont etc TATA Group practices Kaizen for its automobile business Intrapreneurs can be Social Intrapreneurs as well. Eg: Dan Godamunne, Xerox Au