entrepreneurial models

15
Entrepreneurial Models " Learning is acquiring new or modifying existing knowledge, behaviours, skills, values or preferences and may involve synthesizing different types of information.Andrew Turnbull Aberdeen Business School

Upload: simon-campbell

Post on 19-Jan-2018

235 views

Category:

Documents


4 download

DESCRIPTION

Model One A: Kuratko & Hodges The Creative Thinking Process

TRANSCRIPT

Page 1: Entrepreneurial Models

Entrepreneurial Models" Learning is acquiring new or modifying

existing knowledge, behaviours, skills, values or preferences and may involve synthesizing

different types of information.“

Andrew TurnbullAberdeen Business School

Page 2: Entrepreneurial Models

Model One A: Kuratko & Hodges The Creative Thinking Process

Page 3: Entrepreneurial Models

Model One B: Churchill, N. The Opportunity Ladder

• The new business venturing into the unknown

• A small problem A becomes medium sized problem B, becomes large problem C

• Each needs more in the way of new skills and relies less on current skills

Page 4: Entrepreneurial Models

Model Two: Moore, C. The Entrepreneurial Process

Page 5: Entrepreneurial Models

Model Three: Davidsson, P. Economic-Psychological Model

Page 6: Entrepreneurial Models

Model Four: Gibb & Ritchie Mair Start Up Model

Page 7: Entrepreneurial Models

Model Five: Ansoffian Model (see also ‘Pettigrew’s Triangle’)

• Where are we now?Mission Aims, Goals, Objectives• Where are we going?

Review of internal environment (strengths, weaknesses) and external environment (opportunities, threats)

Strategic choice• How do we get there?

Implementation Monitor Reappraisal

Page 8: Entrepreneurial Models

Model Six: Eickhoff, M. & Jakob, C. The Business Evolution Process

Business PlanningBusiness Creativity

Creative or divergent Phase Analytical or convergent Phase

Idea-Generation

? !

Imple-mentation

Idea-Evaluation

Business Development

Definition of the Problem

Page 9: Entrepreneurial Models

Model Seven: Birkinshaw, J. Freedom v. Control in Enterprise Growth

Page 10: Entrepreneurial Models

Model Eight: Burns, P. Cycling

Page 11: Entrepreneurial Models

Model Nine a: Greiner, L. Five Growth Stages

Page 12: Entrepreneurial Models

Model Nine b: Scott & Bruce Managerial Stages Five Stages:Inception, Survival, Growth, Expansion, MaturityManagement Role:Direct supervision, supervised supervision, delegation/

coordination, decentralisation, decentralisationManagement Style:Entrepreneurial/individualistic, entrepreneurial/

administrative, entrepreneurial/coordinated, professional/administrative, watchdog

Organisation Structure: Unstructured, simple, functional/centralised, functional/

decentralised, decentralised/functional/product

Page 13: Entrepreneurial Models

Model Ten: McDonald, M. Knowledge Entrepreneurship

Page 14: Entrepreneurial Models

Model Eleven: Nicholls, A. The 7 Cs of the Entrepreneur’s Role

The entrepreneur needs to be a: • Creator – inventor of new/original ideas• Catalyst – inspiring others/creating synergies• Coordinator – mobilising/harmonising action• Contributor – supporting, enabling and

enhancing at the ‘interface’• Calculator – monitor, change, engineer• Champion – acting as advocate for the cause• Communicator – people focused and change

oriented, articulating the transformation

Page 15: Entrepreneurial Models

Other Models!• Porter’s 5 Forces• Wickham’s ‘The Strategic Window (of

Opportunity)’ (Chapter 22:Strategic Entrepreneurship, 4th ed.

• Bygrave’s ‘Ten Ds’• Carson (& Gilmore) ‘SME stages of

marketing growth’• What can you find? Original is good!