Today more than ever business success depends on two
distinct and inherently different issues, those of efficiency and
effectiveness.
"Efficiency is concerned with product and service delivery, quality improvement and cost control, while effectiveness is
more concerned with opportunity
recognition, knowledge acquisition and creativity. The need to be more
entrepreneurial cannot be argued however, what are the real differences between
old style organisations and truly entrepreneurial organisations." orglearn
Quote: “doing things better V’s doing better things”. (unknown)
So is your organisation entrepreneurial by nature? The
following table should provide some insights:
So how does your organisation rate? Is it set up to take advantage of an entrepreneurial future or is it locked in the past and strangled by a bureaucracy just struggling to maintain the status quo?
Although my Chamber is slightly entrepreneurial, it depends on who is on the executive committee as to getting things past their approval and to the board. Sometimes structure inhibits growth
ReplyDeleteThe only point I would marginally disagree with from the original paper is that entrepreneurs take risks...the successful ones I know do all possible to eliminate risk
ReplyDelete