文档介绍:Part V – Growth and Development of Entrepreneurial Ventures
Chapter 15 – Strategic Planning for Emerging Ventures
Chapter 16 – Managing Entrepreneurial Growth
Chapter 17 – Global Opportunities for Entrepreneurs
Copyright (c) 2004 by South-Western, a division of Thomson Learning. All rights reserved.
Chapter 16 – Managing Entrepreneurial Growth
A Venture’s Typical Life Cycle
Venture Development Stages
New-VentureDevelopment
Start-upActivities
VentureGrowth
BusinessStabilization
Innovationor Decline
Profit, Productivity,Revenues
The pany in the Twenty-First Century
The Entrepreneurial Mindset
Future Goals
Change
Status Quo
Perceived Capability
Blocked
Possible
Entrepreneur
SatisfiedManager
FrustratedManager
ClassicBureaucrat
Building the Adaptive Firm
Share the Entrepreneur’s Vision
Increase the Perception of Opportunity
Institutionalize Change as the Venture’s Goal
Instill the Desire to Be Innovative
A reward system
An environment that allows for failure
Flexible operations
The development of venture teams
The Transition from an Entrepreneurial Style to a Managerial Approach
Balancing the Focus (Entrepreneur and Manager)
The Entrepreneurial Culture Versus the Administrative Culture
Entrepreneurial FocusCharacteristics
Administrative FocusCharacteristics
StrategicOrientation
Driven by perceptionof opportunity
Driven by controlledresources
Revolutionary, withshort duration
Evolutionary, withlong duration
Commitment toSeize Opportunities
Commitment ofResources
Many stages, withminimal exposure ateach stage
A single stage, mitmentout of decision
The Entrepreneurial Culture Versus the Administrative Culture
Entrepreneurial FocusCharacteristics
Administrative FocusCharacteristics
Control of Resources
Episodic use or rentof required resources
Ownership oremployment ofrequired resources
Flat, with multipleworks
Hierarchy
ManagementStructure