Assignment: Using appropriate research sources identify an entrepreneurial organization and critically evaluate how this organization responds to or creates environmental change. How might this organization differ from conventional firms and what are the drivers of its success?
Your analysis must be supported with references to relevant course theories and frameworks.
Selecting an Organization & Research Sources:
When answering the assignment question, you can select either a commercial business or a social enterprise. The organization can be from any country i.e. China, India or Africa. Moreover, if you have selected a large organization you may want to focus on a specific division or strategic business unit (SBU) i.e. Samsung's consumer electronics division (tablets and smart phones) rather than the entire company which may be a huge conglomerate. There may be an opportunity to work with a local company. There are obvious advantages in selecting a famous or well-known company because there will be a lot of readily available information. However, you can select a smaller less well-known organization if you wish.
You are free to use a broad range of research sources when gathering data and information on your chosen organization including the Internet, newspaper and magazine articles from recognized business sources i.e. the Financial Times, Economist, Wall Street Journal and Business Week etc. All sources of information used in the report must also be referenced. Other sources of information might include the module textbook case studies we have discussed (Apple, Virgin, 3M and Google) and even some Mintel reports etc.
You are advised to apply your audit to your chosen organization and to use this as a basis for your analysis.
Once you have established a score for the organization's environment and its entrepreneurial architecture you should then analyze the four components of the entrepreneurial architecture in more depth using concepts from the relevant lecture slides and a few key chapters of Corporate Entrepreneurship (Burns, 2013) and Managing Innovation
Lecture 3 - Becoming an Entrepreneurial Leader
Chapter 4 - Burns (2013), Chapter 3 - Tidd and Bessant (2018)
It is important to analyze the extent to which the leadership of your chosen organisation is appropriate for the environment in which it is competing or operating. Does the leader or organizational leadership have a vision, does it build team working, is it transformational and/or transactional and are the leadership styles appropriate?
Lecture 4 - Constructing the Entrepreneurial Culture
(Chapter 5 - Burns (2013), Chapter 3 (Tidd & Bessant,2018)
Does the organisation have a healthy entrepreneurial culture that enables it to respond to - or create - environmental change? What type of culture exists, is it a task or a person culture (Handy: 1985), is it Theory Y or Theory Z (McGregor, 1960; Ouchi, 1981) and how does it rank in terms on Hofstede's (1990) four dimensions and does it enable the firm to become a learning organisation (Schein:1994)?
Lecture 5 - Building the Organisation Structure
(Chapter 6 - Burns (2013), Chapter 3 - Tidd & Bessant (2018)
Does the organisational structure provide a good fit with the environment? The most appropriate structure is contingent upon the organisation's environment i.e. contingency theory (Burns and Stalker: 1966). What type of structure does the organisation have? Is it a spider's web, a matrix or a hierarchy? Is it organic and responsive or bureaucratic and rigid? What crisis might the organisation have reached in terms of Greiner's (1972) model? How important is deconstruction and does corporate venturing and external partnership play a role?
Week 6 - Developing Strategy
Chapter 9 and 14 (Burns, 2013), Chapter 4 - Tidd & Bessant (2018)
How is strategy made in the organisation? Is it deliberate or emergent (Mintzberg and Waters: 1985), is it entrepreneurial or process driven? What is the organisation's vision, mission and values and is it a good corporate citizen (CSR)? Is there any evidence of strategic intent, core competencies (Hamel and Prahalad: 1994), futures thinking or scenario planning?
Format of the assignment paper: The assignment must be written by using a report format. This should be structured as illustrated below:
A) Title page.
B) Content page.
C) Introduction.
D) Main Report (Analysis) with sub-headings.
E) Conclusion.
F) Reference section (By using the Harvard referencing system).
G) Appendix (for supporting information that is, an entrepreneurial audit questionnaire).
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Attachment:- Entrepreneurship-Delivering Change.rar