“The Economist” Magazine once described Jack Welch, the ex-boss of General Electric as… ‘the man who has some claim to being the world’s most successful manager of the past quarter century’. A few quotes I have collected over recent years may give us some insights into the issues we as managers need to consider; ‘the… Continue reading »
Oct
15
THE CHANGING ROLE OF MANAGERS IN ENTREPRENEURIAL ORGANIZATIONS part 3
To continue… In TRADITIONAL organizations assessments of efficiency where based on top down periodic performance reviews, appraisals where given against pre-set standards and often only conducted on an annual basis. In ENTREPRENEURIAL organizations we need to implement performance management on a continuous basis through a system of reviews, personal development discussions and 360-degree analysis of… Continue reading »
Oct
14
THE CHANGING ROLE OF MANAGERS IN ENTREPRENEURIAL ORGANIZATIONS – TWO
To continue with the changing role of managers… In TRADITIONAL organizations managers coordinate and tell their subordinates what the company wants and how to do it right the first time. In an ENTREPRENEURIAL organization managers need to troubleshoot and facilitate between entrepreneurial employees, other stakeholders, production equipment and corporate systems. WHY… the increasing use of… Continue reading »
Jul
08
‘Efficient Market’ Thinking Is Inefficient Problems Creating a New Paradigm
The difficulty with creating a new paradigm is that a shift (if it happens at all) will often come from someone on the periphery of our industry. This is because those that work in an industry have such strongly ingrained brain patterns (beliefs built on indoctrination, training and experience) that it is hard for them… Continue reading »
Jun
24
If entrepreneurial organizations need to be learning organizations (and they do)…
What do learning organizations look like? ‘Management encourages a culture of exploration and risk taking and seeks ways to expose staff to new ideas and perspectives’; ‘A market action oriented philosophy drives company leaders and staff and there is a shared belief that he only reason a company has to exist is to serve a… Continue reading »
Jun
23
WANT TO BE MORE ENTREPRENEURIAL? YOU MUST PLAN YOUR LEARNING
…and of course you must learn your planning! Entrepreneurs are active continuous learners If we are to capitalise on future business opportunities we need as entrepreneurial leaders to be ‘entrepreneurial learners’!!! The old think, decide, act and asses (or plan, do, assess and adjust) single loop corporate learning cycles advocated in the past are no… Continue reading »
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