The entrepreneurial organization Essay Example | Topics and Well Written Essays - 2250 words

The entrepreneurial organization - Essay ExampleThey can only thrive in an environment of relative freedom. to a lower place industrialization, bureaucracy was the dominant form of organization. The factory was designed to give rise standardized products the bureaucracy was designed to produce standardized decisions. Many major corporations of today developed in an industrial society, based on a bureaucratic model of machine-like division of function, routine activity, regularity, seeming permanence, and a long vertical hierarchy. It was a initiation of mass markets uniform goods and services, and long production lines.During the 1990s, however, the top-down authoritarian management style began yielding to a networking style of management. Horizontal communication in a networked environment is freer and more fluid, with few bureaucratic barriers. In the new style of management, people learn from one another peer to peer, everyone is a resource for everyone else, and each(prenomina l) person gets support and assistance from many different directions. In any bureaucratic structure, people be given to feel they cannot transmit their environment and thus may never seek the information that might change it. In sharp contrast, the new emerging form of organizations supports change, concept, and individual initiative to an optimal degree.Intrapreneurship simply represents an organisational culture that allows employees flexibility and authority in pursuing and developing new ideas. Intrapreneurship is nothing but entrepreneurship well(p) within the context of a large established organization. An intrapreneur is involved in the venturing process, that is, in developing a new business inside a corporation from its initial idea until it becomes a viable business. a lot an intrapreneur must lead a project with an entrepreneurial vision , willingness of using power , leadership, motivation and great power to overcome resistance and barriers (Johansen, 2002).Joseph Schumpeter (1883-1950) was a pioneering researcher in the field of entrepreneurship, he studied the role of the entrepreneur as an innovator, i.e., the person who develops a new product, a new market, or new means of production. Schumpeter princely between dependent and independent entrepreneurs, the former creation those who are connected to an existing company, and the latter being those who start their own companies. Although coined and popularized by Gifford Pinchot in 1985, the term intrapreneur (short for intra-corporate entrepreneur) essentially means what Schumpeter called a dependent entrepreneur. several(prenominal) factors in organizations can see an influence on intrapreneurship/entrepreneurship. Usually, there are any number of barriers to innovation that can occur in organizations. Among all these factors and barriers, the degree of bureaucratic-style management within an organization can have the most adverse impact on the levels of individual initiative.2. The Pa radigm ShiftBureaucratic-style management is fading from the scene, albeit gradually. Mega corporations may be thriving, nonetheless their internal structures are becoming more geared towards innovation. Once considered a contradiction in terms, corporate intrapreneurship has become widely accepted in successful companies, such as 3M, Intel, and Coca-Cola.Also, in the fiercely competitive world of high