Entrepreneurship on Line

Aiming for skilled entrepreneurs.

Tuesday, January 6, 2009

Culture and Spirit

Back in June, I wrote this:
Those who manifest the entrepreneurial spirit, display five common traits, says an article in Entrepreneur.com. They are: (1) passion; (2) "positivity" or positive thinking; (3) adaptability; (4) leadership; and (5) ambition. There are other characteristics noted, but these work very well. I'll have more traits to list next time.
Since then, I came across this, from the Institute for Enterprise Education. It was up as of May 17, 2008, but I tried to find it on the web, and it couldn't be found. For what it's worth, the address is www.entreplexity.ca/cfe/constituents.htm.

The IFEE lists "Six Constituents of an Entrepreneurial Culture":
1. The most effective way to change an existing organizational culture is by creating individual units on the edge of organizational structures.

2. In order to transform existing cultures, we must first begin with the mindset of its people. By identifying their individual meanings, beliefs and values and combining these with their interests, strengths and talents, we can begin to align the person's individual purpose with the leader's compelling vision.

3. The entrepreneurial vision must be powerful enough not only to sustain this transformation, but must also inspire confidence and trust by allowing each of these units enough freedom and flexibility in order to develop, grow and compete in today's complex, chaotic and rapidly-changing global environment.

4. As individual profit centres, each unit provides opportunities for more effective resource allocation and a stronger customer focus.

5. Employees think and act as entrepreneurs, leading to a greater degree of involvement and freedom to create their individualized networks.

6. As the number of these entrepreneurial units increases, more leaders are needed to drive these enterprises. A strong entrepreneurial culture creates leaders from within.
The page goes on to display a visual representation of what it calls "entreplexity," which I suppose is shorthand for "entrepreneurial complexity," which is trademarked.

There's a lot to think about in here. If you want to create an entrepreneurial culture, this is a good place to start.

Words such as "develop," "grow," "think," "act," "creating," "inspire," "trust" resonate well with me.

What do you think about this? I'd like to know. Post a comment.

Entrepreneurship 2.0 is my entrepreneurship course. The ideas in it supply the life's blood of my professional activities: teaching, writing, and real estate. For entrepreneurial real estate go to www.yourstopforrealestate.com/blog and for entrepreneurial writing to www.kearneymusicschoolmurders.blogspot/com.

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