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Essay / How can a company develop an entrepreneurial culture?
How can a company develop an entrepreneurial culture? Company culture can help bond team members as they internalize the values of the particular company culture. Individuals entering the company for the first time are introduced to the culture in various ways, sometimes through a deliberately timed initiation, and persuaded to identify with that culture which then influences their behavior. As a result, everyone will act in the desired manner, independently and in the absence of any sanction or incentive. In an ideal world, neither incentives nor sanctions are necessary. Strictly speaking, neither is necessary in a company with a strong corporate culture. It's obvious that it's not just a question of behavior. In an ideal world, culture should encourage: • strategic thinking at all levels of the organization • employee entrepreneurship, not just management • creativity rather than just carrying out instructions • effort cooperative to formulate and implement the strategy. , how important is creative thinking within an organization or business? It is a vital aspect of any creative activity, because creative thinking means thinking outside of normal boundaries. If a new idea is to change behavior, it must be debated in the company forum where there will inevitably be those who cannot agree. However, any proposal for change almost always provokes conflict, hostility from those who oppose a new way of thinking or change itself. Any action resulting from creative thinking follows a process of persuading others to agree and supporting action resulting from disagreement is not necessarily detrimental to the organization. This can help participants understand...... middle of paper ...... there is no clear cause and effect relationship between behavior and performance. Explain. Rules exist because of the degree to which behavior is repeated and certain types of problems recur. Through these rules, the strategy allows companies to successfully seize opportunities in a rapidly changing market and in rapidly changing environments when there is not enough time to follow more elaborate procedures. Rules can apply to a range of areas of decision-making, including the behavior of a business, defining the boundaries of different types of business activities, setting priorities for achieving goals and timing of key decisions, such as when to leave the company. of certain sectors of activity. How business plans or models or a strategic plan are developed is a matter that each manager must decide, based on the requirements of the sector concerned..