Corporate entrepreneurship management in india
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This document discusses corporate entrepreneurship and intrapreneurship in India. It defines corporate entrepreneurship as individuals within an organization pursuing opportunities regardless of their current resources. Corporate entrepreneurship can involve starting new business units, transforming existing companies, or driving innovation. The key difference between entrepreneurs and intrapreneurs is that entrepreneurs work independently for profits, while intrapreneurs bring new ideas to fruition within an existing organization. The document also outlines the changing role of entrepreneurs in India over time and lists some of the qualities and types of successful entrepreneurs.
Corporate entrepreneurship management in india
- 1. CORPORATE CORPORATE ENTREPRENEURSHIP ENTREPRENEURSHIP MANAGEMENT IN INDIA MANAGEMENT IN INDIA
- 2. WHAT IS CORPORATE ENTERPRENUERSHIP?? Corporate entrepreneurship is the process by which individuals inside the organization pursue opportunities without regards to the resources they currently control. Within the realm of existing firm. CE encompasses of the three phenomenon. That may or may not be interrelated. the birth of new business firm. transformation of the existing firm. innovation.
- 3. DIFFERENCE BETWEEN ENTERPRUNERSHIP AND INTRAPRENUERSHIP Entrepreneur is a key person who envisages new opportunities, new techniques, new lines of production, new products and coordinates all other activities. He likes to experiment with new ideas and thus face uncertainty. He works for himself and for profits. On the other hand, intrapreneurs are entrepreneurs who catch hold of a new idea for product service or process and work to bring this idea to fruition within the framework of the organization. Intrapreneurs with their innovations and dedicated effort are perceived as valuable asset by the organization, inspiring others.
- 4. DEVELOPMENT OF ENTERPRUNESHIP IN INDIA From the traditional manager the present entrepreneurship manager differs a lot. Now over the years the duties and responsibility of a entrepreneur has undergone many changes. Traditional MANAGER ENTERPRUNER MANGER Primary motive is Primary motive is power autonomy. Concentrate on what Tries to master a no of he /she is best at. discipline. Demand hard work Demand results Imposes decision Creates options
- 5. NATURE OF AN ENTREPRENEUR. Defining The Concept Corporate Entrepreneurship Activities that receive organizational sanction and resource commitments for the purpose of innovative results. A process whereby an individual or a group of individuals, in association with an existing organization, creates a new organization or instigates renewal or innovation within the organization. A process that can facilitate firms’ efforts to innovate constantly and cope effectively with the competitive realities that companies
- 6. THE NEED FOR CORPORATE ENTREPRENEUR Rapid growth in the number of new and sophisticated competitors Sense of distrust in the traditional methods of corporate management An exodus of some of the best and brightest people from corporations to become small business entrepreneurs International competition Downsizing of major corporations An overall desire to improve efficiency and productivity
- 7. BENEFITS OF ENTREPRENEUR can be used to improve competitive positioning and transform corporation Push companies to employ a range of strategies It combines distinctive bases for competitive superiority
- 8. QUALITIES OF AN ENTERPRUNER character charisma Commitment passion Relationship Servant hood
- 9. TYPES OF ENTREPRENEURS Forecasting Focused
- 10. CONCLUSION