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Entrepreneurship

1. Outline five (5) specific actions you feel organizations/managers should do to promote
corporate entrepreneurship.

2. What are the characteristics of the following structures? Which provides more 'fertile'
ground for corporate entrepreneurship? Why?
a) Mechanistic
b) Organic

Solution Preview

1. Five actions any organization can do to promote entrepreneurship : First, allow a free flow of ideas. Do not discount any idea or criticize them. This will kill idea generation.
<br><br>Second, encourage the person with the idea to investigate and develop it, even if this means using corporate resources and allowing them time away from their jobs. Third, make sure the idea person keeps in touch with management with regular updates. This will keep management informed and they will not wonder, "What is he or she doing", especially if the idea person is given time off from their normal duties. Fourth, ...

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