Sunday, 7 October 2012

THE NEED FOR CORPORATE ENTREPRENEURING

One of the  need for corporate entrepreneur are:
    Internationale competition
    Downsizing
     Rapid growth
     Improve  efficiency and productivity

HOW CAN THEY ENCOURAGE CORPORATE ENTREPRENEUR:
     Management support: management are to encourage employees to believe that innovation is a role set for all organizational members.
      Autonomy; organization should allow employees to make decisions about their work process and how they can make their work more effective.
      Reward: employees should be given promotion because it will motive the individuals to engage in innovation behavior.
      Time availability: employees should be given time to incubate innovation ideas.
       Organizational  Boundaries:organization should avoid having standard operating procedures for all major parts of jobs.
 

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