Creating Entrepreneurship

In: Business and Management

Submitted By hbaravi
Words 3678
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Syrian Arab Republic Damascus University Faculty of Economics MBA program Organizational Theory Module

CREATING Entrepreneurship : Organizational pathways through Transformation

Prepared by: Hussam Baravi

Content: A. Entrepreneurship, Entrepreneurial Organization:  The Concept of Entrepreneurship.  Entrepreneurial Organization Factors. B. Into Transformation:  The Concept.  Slaughters Seven keys to success.

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A. Entrepreneurship, Entrepreneurial Organization:
In (Metaprofiling, 2013)1 study about the entrepreneurial organizations they differentiated between two concepts, entrepreneurs and entrepreneurial organization. Successful entrepreneurs are opportunists who, through their creativity, drive and vision, create economic or social value. They challenge conventional wisdom by practicing disruptive innovation — innovation that creates new markets through the application of a different set of values. They change the rules of the game by questioning the status quo and upping the stakes. It follows that an entrepreneurial organization can be defined as: An organization that places innovation and opportunism at its heart in order to produce economic or social value. However, for many organizations, this is only a brief moment in their evolution. And according to (Rodrigues et al,2003)2 entrepreneurial organizations, in fact, reflect the basic characteristics of its leadership. Filion shows a set of four indispensable characteristics of an entrepreneur. To have an idea, or a dream (a product) is for one characteristic. To have a vision is another. To show leadership is a third one. And to find a way to gathering resources (including people) around his objective is a fourth one.  What does an organization need to do in order to regain its entrepreneurial spirit and release the disruptive thinking and opportunism that drives growth? 3 To…...

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