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Entrepreneurial and Intrapreneurial Minds

The document discusses entrepreneurship and intrapreneurship. It defines the entrepreneurial process as identifying opportunities, developing business plans, determining required resources, and managing the enterprise. It also discusses opportunity analysis and the differences between manager and entrepreneur decision making. The document then defines intrapreneurship as instilling entrepreneurial spirit within existing organizations to innovate and grow. It discusses rising interest in intrapreneurship and compares corporate versus intrapreneurial cultures.

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mamtakmr2
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50 views9 pages

Entrepreneurial and Intrapreneurial Minds

The document discusses entrepreneurship and intrapreneurship. It defines the entrepreneurial process as identifying opportunities, developing business plans, determining required resources, and managing the enterprise. It also discusses opportunity analysis and the differences between manager and entrepreneur decision making. The document then defines intrapreneurship as instilling entrepreneurial spirit within existing organizations to innovate and grow. It discusses rising interest in intrapreneurship and compares corporate versus intrapreneurial cultures.

Uploaded by

mamtakmr2
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Chapter 2

Entrepreneurial and Intrapreneurial minds

Entrepreneurial Process
Identify/Evaluate Opportunity Develop Business Plan Determine Resources Required Manage The Enterprise

Opportunity Analysis
Market Need? Personal Observation Underlying Social Conditions Market Research Data Assess Competition Where Money To Be Made

Decision Making Manager vs. Entrepreneur


Domain- Administrative vs. Entrepreneurial Managerial styles= administrative domain Five areas
Traditional and innovative planning Strategic orientation Commitment to opportunity Commitment to resources Management structure

Intrapreneurship
Instilling Entrepreneurial Spirit Within An Existing Organization To Innovate And Grow.

Interest In Intrapreneurship
Rising Interest in Doing Your Own Thing Corporation Support To Retain Creative Employees Fund Startups Competition Four Key Elements of Intrapreneurship
New business venturing Organizational innovativeness Self-renewal Proactiveness

Corporate vs. Intrapreneurial Culture

Corporate Culture v. Intrapreneurial Culture


Corporate Cultures
Reward conservative decision-making Wait for instructions Dont fail Collect as much information as possible, or do not act

Intrapreneurial Culture
Trial and error Reward for actions Encourage new ideas and actions

Corporate Culture v. Intrapreneurial Culture


Corporate Climate/Reward System Favors Conservatism Follow Instructions, No Initiative Hierarchy Of Authority Intrapreneurial Develop Vision, Goals, & Plans Suggest, Try, Experiment Flat Organizational Structure- Networking & Teamwork

Cultural Norms/Values
Corporate Fragmented Instruction Controlled Outer-Directed Alienation Chores Defined Limits Interference Distrust Expendable Limiting People Intrapreneurial Whole Vision In Control Inner-Directed Responsibility Enthusiasm/Motivation Space/Freedom Trust Belief In People Expandable Growing People

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