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The Entrepreneurial Imperative Chapter 1

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Presentation on theme: "The Entrepreneurial Imperative Chapter 1"— Presentation transcript:

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

2 Contemporary Management
Skill Sets Efficiency versus Effectiveness Managerial Functions

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

4 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

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

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


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