Warren Bennis (2009) once said ‘Managers are people who do things right whilst leaders are those people who do the right thing’. The reality is that effective leadership is of little use without effective management to complement it and make things happen. Managers have to implement the policies and procedures to make an organization entrepreneurial. In doing that, they will face a number of predictable challenges that characterize the entrepreneurial environment; managing change and managing risk. They will also have to deal with the tension between freedom and control that is inherent in giving staff the autonomy they need in this sort of organization.
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- Managing the Entrepreneurial Organization
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- Chapter 7