M2.

Written assignment:

Whalen, J. (2005, Oct 17). Theory & practice: Chance
turns a teacher into a CEO; religion lecturer leaves
academic path and learns to run a biotech start-up. Wall
Street Journal.

SUNY ESC
SAMUEL ENCARNACION -
Whalen, J. (2005, Oct 17). Theory & practice: Chance turns a teacher into a CEO; religion
lecturer leaves academic path and learns to run a biotech start-up. Wall Street Journal.

M2. Written Assignment: Article Review

Written Assignment - Article Review

Please read the following article from the ESC Library. This article is an excellent

example that there is no one type of individual who becomes an

entrepreneur. Additionally, this article shows that an opportunity may present

itself to you, the entrepreneur, at a time that may seem less than ideal, and even

the opportunity itself may seem out of the ordinary, but the results of seizing the

opportunity may surprise you - and everyone else.

Whalen, J. (2005, Oct 17). Theory & practice: Chance turns a teacher into a CEO;

religion lecturer leaves academic path and learns to run a biotech start-up. Wall

Street Journal.

What do you think would be the biggest limitations for an academic moving

into the CEO position of an entrepreneurial firm?

Becoming CEO of an entrepreneurial firm, in the condition of pure academic, can

present great challenges for that person, since imperiously the person must

develop a series of new skills that allow him/her to join the system promoted by

the entrepreneurial firm, which it is contrasted, in one way or another, with the

purely academic area. In the case of the species, the delegation of functions in

search of efficiency, as well as the increase of leadership capacity, were steps

that Mrs. Drakeman was forced to execute to be a competent person, and to face

all these challenges that I was not used to. I believe that the main limitation would

be the fear of the unknown. In the formal academic world, the activities involve a

more closed planning than the one developed in the entrepreneurial world, which

Samuel Encarnacion
Whalen, J. (2005, Oct 17). Theory & practice: Chance turns a teacher into a CEO; religion
lecturer leaves academic path and learns to run a biotech start-up. Wall Street Journal.

could become a great difficulty, since the subject of entrepreneurship involves a

series of risks that not everyone can face.

Why did Ms. Drakeman need to learn to delegate if she wanted her company

to grow?

CEOs and founders need to focus on personally working on tasks that have the

biggest impact on growth--delegate everything else. Delegating tasks is a key

element for any business that wants to focus on growth. (Pozin, 2012)

The hoarding of functions in the hands of a single person, even more so when

this person is the head of the organization, constitutes a delay in the growth of

the company. This is because even though the person who exercises this action,

believes to have the best knowledge and be the only person capable of executing

the actions performed, this promotes a state of instability in the company. A

company in which functions are not delegated, employees are not empowered in

their work, it simply does not work well if the head of the same is not present.

What were several of the things Ms. Drakeman did right in transition from

an academic career to her CEO role?

Mrs. Drakeman made several very successful actions in her transition process,

which I believe were part of her success. Mrs. Drakeman surrounded herself with

a series of highly capable engineers, which made her the simplest world for her.

In addition, the lady promoted that the things of the organization were handled in

a very simple language, in search of that it was easy to understand for any

person. Another great thing done correctly was the practice of humility, Mrs.

Drakeman, without fear of appearing foolish, was seeking help whenever was

necessary until she could fit in the right way, this allowed her to be great.

Samuel Encarnacion
Whalen, J. (2005, Oct 17). Theory & practice: Chance turns a teacher into a CEO; religion
lecturer leaves academic path and learns to run a biotech start-up. Wall Street Journal.

Works cited
Pozin, I. (December 17th, 2012). 80% Is Good Enough: Grow Your Business By
Delegating. Recovered on February 15th, 2018, from Forbes:
https://www.forbes.com/sites/ilyapozin/2012/12/17/80-is-good-enough-grow-your-
business-by-delegating/#7c12a9f8218c

Samuel Encarnacion