TEMPLATE FOR ENTREPRENEUR Organizational Design, Structure and Strategy for your Venture

Greiner’s Five Phases of Growth Age of the Organization Creativity Direction Delegation Coordination Collaboration leadership autonomy control red tape “ ? “ YoungMature Small Large

Organizational Practices and Phases of Growth CategoryPhase IPhase IIPhase IIIPhase IVPhase V Management FocusMake and Sell Efficiency of operations Expansion of market Consolidation of Organisations Problem Solving and Innovation Organisation StructureInformal Centralized and Functional Decentraliz ed and Geographic al Line Staff and Product Groups Matrix of Teams Top Management Style Individualistic and EntrepreneurialDirectiveDelegativeWatch DogParticipative Control systemMarket Results Standards and Cost Centers Reports and Profit Centers Plans and Investment Centers Mutual Goal Setting Management Reward EmphasisOwnership Salary and Merit Increases Individual Bonus Profit Sharing and Stock OptionsTeam Bonus

Strategy What is the generic strategy of your business?

Structure Think of your own organization in its ideal form and draw a structure Does each aspect of your structure augment your strategy? Based upon your current structure, what aspects of your strategy need to be adjusted?

Leadership What is your leadership style ? What would you like it to be?

Culture How will you define the culture of your organization? What is the ideal culture and how would you like to nurture it in your organization?

People What are your HR policies that are adopted? ₋Recruitment, ₋Performance management systems including motivation incentive schemes ₋Training What would you like to adopt in future?