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How Can A Company Develop An Entrepreneurial Culture?

723 words - 3 pages

How can a company develop an entrepreneurial culture?
Corporate culture can help to bind together members of the team as they internalize the values of the particular corporate culture. Individuals entering the enterprise for the first time are initiated into the culture in various ways, sometimes through a deliberate programmed of induction, and persuaded to identify with this culture which then influences their behavior. As a consequence, all will act in the desired way regardless of and in the absence of any sanction or incentive. In an ideal world neither incentive nor sanction are needed. Strictly speaking, neither is necessary in an enterprise with a strong corporate culture. Clearly ...view middle of the document...

There is a considerable overlap between the role of strategist and entrepreneur. Finally both entrepreneurs and good strategists must display creativity, sometimes of a very high order. Both must manage change. Entrepreneurs are often implicit rather than explicit strategists, not having the time or the inclination to make the strategy explicit.

Question 12
What are some examples of behavior controls, output controls, input controls?
Behavior controls show how specify something is to be clone through policies, rules, standards operating procedures, and orders from a superior. Output controls can specify what is to he accomplished by focusing on the end result of the behaviors through the use of objectives and performance targets or milestones input controls focus on resources at hand. However knowledge, skills, abilities, and values, will motive an employee.

Are these controls interchangeable?
Behavior, output, and input controls are not interchangeable. Behavior controls such as following company procedures, making sales calls to potential customers, and getting to work on lime are most appropriate when performance results are hard to measure but the cause and effect connection between activities and results is clear. Output controls...

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