The Entrepreneurial organization

  • Strangling in red tape? Too much bureaucracy? Risk averse?
  • Large businesses need to be small at the same time.
  • Multiple units free to act on their own.
  • Encourage all employees to show more leadership.
  • Balance central/top down control with entrepreneurial freedom of movement.
  • Efficiency is still required to deliver today's products profitably.
  • But it's bureaucracy when elevated to an end in itself.

Can your organization change direction before it is too late?

  • Being profitable today while creating the future requires a balance of efficiency and entrepreneurial flexibility.
  • Learning organizations act without fully knowing where they are going, then learning from experience.
  • Entrepreneurial businesses learn fastest.
  • Balance strategic planning with improvization.
  • Set targets - X% of next year's profits from new products
  • Entrepreneurial cultures foster diversity - not uniformity.
  • Encourage employees to disagree with you - not easy!
  • Reward learning from mistakes.
  • Punishment encourages doing what is safe and non-disclosure of errors.
             

All pages written by Mitch McCrimmon, Ph.D. and copyright © Self Renewal Group 1996-2008

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