1. Corporate Strategy and Entrepreneurship – Chapter 8
Changing Competitive Landscape
Role of Dominant Logic
Role of Strategic Management and Corporate Strategy
Integrating Entrepreneurship with Strategy
Key Strategic Concepts
Entrepreneurial Strategy: Key Ingredients
Matching Strategy with Structure
Implementation Issues

2. Changing Competitive Landscape Forces
Change
Complexity
Chaos
Contradictions
Strategic Inflection Points

3. Role of Dominant Logic Define
Relationship between ability to learn and the need to unlearn
Role of Entrepreneurship
Strategic Agility
Flexibility
Creativity
Opportunity Identification
Emphasis on Entrepreneurial Activity

4. Role of Strategic Management and Corporate Strategy
SM Model
Way of thinking
Strategy vs Operational Effectiveness

5. Integrating Entrepreneurship with Strategy
Entrepreneurial Strategy: Applying creativity and entrepreneurial thinking to develop a core strategy for the firm. External Focus – White Spaces
Strategy for Entrepreneurship: Need to develop a strategy for the entrepreneurial activities of the firm. Internal Focus

6. Key Strategic Concepts
Related to Strategy Formulation Process
Strategic Advantage – Core Competencies
Strategic Positioning – How the firm is perceived in the marketplace
Strategic Flexibility and Adaptation – Hitt Model (Figure 8.1)
Strategic Leverage – Resourcefulness

7. Entrepreneurial Strategy: Key Ingredients
Developing a clear vision
Increasing the perception of opportunity
Institutionalizing change
Instilling the desire to be innovative
Investing in people’s ideas
Sharing risks and rewards with employees
Recognizing the critical importance of failure

8. Matching Strategy with Structure
Collective Entrepreneurship
Venture Team Concept
Signode
The Associate Group

9. Implementation Issues – Porter’s List
Misunderstanding industry attractiveness
No real competitive advantage
Pursuing an unsustainable competitive position
Compromising strategy for growth
Failure to explicitly communicate strategy internally