So just what does an entrepreneurial organization look like? Whilst there is no one-size-fits-all blueprint, there are some elements that mean you really will know one when you see one. To start with, it will be creative and innovative, priding itself on its ability to thrive in a competitive, changing environment. Indeed it will see itself as helping to shape that environment. And it will be successful. But there will be other internal characteristics reflecting an organizational architecture that encourages entrepreneurial, innovative activity at all levels. Remember, however, that not all parts of a multi-business organization may exhibit these characteristics because of differences in their operational needs (for example, the stage in the life cycle of products) and/or their contextual situations (for example, they do not operate in an entrepreneurial environment). We have characterized the entrepreneurial environment as one of rapid change and uncertainty where speed of response and innovation are vital and knowledge and learning are of paramount importance. Where a multi-business has different organizational needs in its various operating divisions or subsidiaries, what is important for it to be entrepreneurial is that the overarching structure linking the operating divisions or subsidiaries has an entrepreneurial architecture.
Swipe to navigate through the chapters of this book
Please log in to get access to this content
- The Architecture of Corporate Entrepreneurship
- Macmillan Education UK
- Sequence number
- Chapter number
- Chapter 14