1 / 8

Planning and Assessing Entrepreneurial Activity (EA)

Planning and Assessing Entrepreneurial Activity (EA). Program vs Process Plan Benefits and Pitfalls Assessing the Corporate Entrepreneurial Project Methodologies for Measuring EA Ingredients for a continuous Entrepreneurial Process. Program vs Process. Best Approach Do What they do best

adele
Download Presentation

Planning and Assessing Entrepreneurial Activity (EA)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Planning and Assessing Entrepreneurial Activity (EA) • Program vs Process • Plan Benefits and Pitfalls • Assessing the Corporate Entrepreneurial Project • Methodologies for Measuring EA • Ingredients for a continuous Entrepreneurial Process

  2. Program vs Process • Best Approach • Do What they do best • Work to correct deficiencies • “Attack yourself” • Benefits

  3. Planning Benefits and Pitfalls • Benefits • Increase quality of output • Greater competitiveness • Higher profitability • Participative approach • Way of learning • Pitfalls (Table 14.1)

  4. Assessing the Corporate Entrepreneurial Project • Screen • 10 Components of Business Plan • Table 14.3 • Feasibility Criteria • Eleven Questions (pp. 287-288) • Role of Assessing • Continuous Improvement Effort • Learning Organization

  5. Methodologies for Measuring Entrepreneurial Activity • Entrepreneurial Performance Index (EPI) – Table 14.4 • Corporate Entrepreneurship Assessment Instrument (CEAI) – Table 14.5

  6. Reasons to Measure • Benchmark and track entrepreneurial performance • Establish norms and draw industry comparisons • Establish entrepreneurship goals • Develop strategies • Assess variance between entrepreneurial actions and company performance over time

  7. Dimensions that Enhance Corporate EA • Appropriate Use of Rewards • Management Support • Resource Availability • Organizational Structure • Risk Taking

  8. Ingredients for a Continuous Entrepreneurial Process • Recognize Managers • Conquering Fear • Continuous Improvement • Consistent Incremental Gains • Radical Innovation

More Related