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Strategic Entrepreneurship: A Decision-Making Approach to New Venture Creation and Management by Philip A. Wickham

Strategic Entrepreneurship: A Decision-Making Approach to New Venture Creation and Management Philip A. Wickham ebook
Format: pdf
ISBN: 0273651153, 9780273651154
Page: 352
Publisher:

How do you approach new business. Export decisions depend on a wide variety of information stimuli. A logical and systematic decision-making process helps you address the critical elements that result in a good decision. And that we do so by Consider how this principle relates to your own successful ventures: To what extent were your product development decisions, short- and long-term strategies informed by customers' feedback. However, as a concept, for innovation to be really social, it should challenge current thinking models and recognize that present decision-making parameters have not been adequate for solving global challenges. Instead, I want to highlight the dynamics of new venture creation, and to make the case that when we adopt the roles of entrepreneurs-in-waiting, we risk barring ourselves from valuable business opportunities. As the IEs accumulate knowledge about which are the main export markets, they become more interested in information about the strategic attractiveness of these markets. ~The New Entrepreneurial Leader. The three principles of entrepreneurial leadership are: Cognitive ambidexterity, a new decision-making approach that requires both creation logic and prediction logic. Those skills aren't only applicable in new venture creation – they are the skills that any hiring manager should seek out in a top performer. A Systematic Approach to Decision Making.