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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.
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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.
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All
pages written by Mitch
McCrimmon, Ph.D. and copyright © Self Renewal Group 1996-2010
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