Question

1 page summary on an entrepreneurhip article

please include the link of the article (if not it doest help)

Answer 1

Article- How can Organizations foster an Environment of Entrepreneurship at the Workplace?- Entrepreneurship Website

Practicing such a bold and enterprising ideology, like any disturbance, is never easy and requires significant efforts in an organisation at all levels. Senior management should lead from the front and promote employee ownership — much like the captain's position in a sports team. This realistic vision must be driven by organizational processes and incorporated in each department head's management style. Most importantly, to deliver the desired results, the talent in the organization should be encouraged and inspired to act, think, learn, share, engage and produce.

When corporate intra-preneurship programs become a more common phenomenon, let us find out what steps companies can take to encourage their workers to have more entrepreneurial behaviour. Promoting new ideas, recognizing the strengths of workers are the fundamentals, but eventually moving beyond the well-worn avenues and taking a radical approach makes all the difference.

At a period when companies are grappling with unprecedented uncertainties, challenges, and economic and political instability, cultivating flexibility, adaptability, and reskilling is important for businesses. Organizations need to establish models that allow employees to pursue opportunities rather than confine themselves to their current roles. The freedom as well as the resources should be given to those who demonstrate the knack and ability to handle more responsibilities to achieve their vision optimally. On the other hand, in order to reach such an operational level quickly, employees who are yet to reach such a stage should be facilitated by a similar decentralized approach and guidance.