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Entrepreneurial Management. November 16, 2009 Uri Bukshpan. Effectiveness vs. Efficiency Effectiveness – to do the right thing להיות מועיל – לעשות את הדבר הנכון Efficiency – to do the thing right להיות יעיל – לעשות את הדבר נכון. Strategy of Coordination.
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EntrepreneurialManagement November 16, 2009 Uri Bukshpan
Effectiveness vs. Efficiency Effectiveness – to do the right thingלהיות מועיל – לעשות את הדבר הנכוןEfficiency – to do the thing rightלהיות יעיל – לעשות את הדבר נכון
Strategy of Coordination Use of Formal Control Mechanisms Low High Laissez-faire Management Professional Management High Delegation of Responsibility Entrepreneurial Management Bureaucratic Management Low
Strategy of Coordination – Actual Use of Formal Control Mechanisms Low High Laissez-faire Management Professional Management High AMT Corporate AMT Companies 2006 AMT Company Delegation of Responsibility Entrepreneurial Management Bureaucratic Management 2002 Low AMT Corporate AMT Companies
Strategy of Coordination –The right way Use of Formal Control Mechanisms Low High Professional Management Laissez-faire Management High AMT Corporate AMT Corporate 2006 AMT Companies Delegation of Responsibility Entrepreneurial Management Bureaucratic Management Low 2002 AMT Corporate AMT Companies
