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The Entrepreneurial and Intrapreneurial Mind -Ch 2

The Entrepreneurial and Intrapreneurial Mind -Ch 2

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Published by M Azhar Mughal

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Published by: M Azhar Mughal on Apr 04, 2011
Copyright:Attribution Non-commercial

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10/06/2013

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The Entrepreneurial andIntrapreneurial mind
Chapter No: 2
4/4/2011 1Entrepreneurship - 6th Edition -lectures prepared byMadam Amina Sadaf 
 
L
earning Objectives
To explain the aspects of theentrepreneurial process
To explain the differences between theentrepreneurial and managerial process
To explain the organizational environmentconductive for intrapreneurship
To identify the general characteristics of anintrapreneur
To explain the process of establishingintrapreneurship in an organization
4/4/2011 2Entrepreneurship - 6th Edition -lectures prepared by MadamAmina Sadaf 
 
Opening Profile
BAKGROUND
Ewing Marion Kauffman
Born on a farm in Garden City, Missouri
A critical event in his life occurred at the young age ± he was diagnosed with a leakage of the heart ---his prescription was one year of complete bed rest ± his mother came up with a solution to keep up theactive 11 year old lying in bed ± reading
He read 40-50 books every month ± includes biography of presidents, Bible etc
Early childhood experience centred on door-to-door sales
Kauffman used to sell 38 dozen eggs collected from farm, or fish he and his father had caught
S
UCCE
SS
 
ST
ORY
Owner of Marion
L
aboratories
Marion laboratories started by marketing injectable products that were manufacturedby another company under their label
He produced a concept of associates on two basic philosophies of the company:
Those who produce should share in the results or profits
Treat others as you would like to be treated
Ewing Marion Kauffman¶s philosophies of associates, rewarding those who produce andallowing decision making throughout the organization are the fundamental conceptsunderlying what is now called
intrapreneurship
in a company
Intrapreneurship ± Entrepreneurship within an existing organization
P
age
35-37 (
reading
 
preferred)
4/4/2011 3Entrepreneurship - 6th Edition -lectures prepared by MadamAmina Sadaf 

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