Showing posts with the label Peltola

The Development of Collaborative Entrepreneurship in Organizations

Entrepreneurship comes in many forms, methods, and pathways. Most often it is discussed in terms of small business development but also includes important aspects of developing stronger products, services, and proactive problem-solving. Research conducted on a Finnish consulting firm helps to highlight how internal organizational entrepreneurship can exist within the team framework of the organizations leaders. It is this leadership inclusion and culture of discussion that can turn reactive management into proactive problem-solving that improves performance.  Entrepreneurship within organizations should be honored and encouraged to foster stronger performing companies. The main task of organizational entrepreneurship is to improve economic performance through better developed strategies and operations (Rauch, et. al., 2009; Ireland, Covin & Kuratko, 2009). Such activities encourage innovative development of both the decision-makers processes as well as the operational str