The Paradox of Corporate Entrepreneurship

Tags:
Booz Allen Hamilton Inc.,
Entrepreneurship,
Management
Source:
Booz Allen Hamilton

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Overview: The collapse of the Enron Corporation has had enormous ramifications, not just for its shareholders, suppliers, and other creditors, but also for management theory. The company was widely celebrated for its ambitious, innovative, and seemingly successful management model — the balance of loose and tight management, the use of stretch goals, the system for attracting and retaining aggressive and creative people, and, in the center, the encouragement of internal entrepreneurship as the engine of growth and change. This article provides a framework for thinking through the paradox of entrepreneurship and describes a model of corporate entrepreneurship with the four typical problems that may arise if it is carelessly implemented. It also suggests ways to avoid each of those problems.

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Format: PDF | Size: 321KB | Date: Jan 2003 | Pages: 12


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