Wednesday, 3 October 2012

Entrepreneurship Transformation: A New Management Paradigm

As a new management paradigm, entrepreneurship fosters flat organisations which are not constrained by layers and hierarchies, enabling innovative and chaotic ideas, teamwork, consensus decision making and efforts to drive the organisation for superior performance and incentives sharing.

Entrepreneurship: A New Education Paradigm and Thinking Revolution 

􀁸 As a new education paradigm, entrepreneurship employs real cases and brings real entrepreneurs (practitioners) to the classroom and discussions.
􀁸 Entrepreneurship education has created a new educating/ teaching and learning paradigm that enables students to learn differently on both content and methodology which will eventually permeate the classrooms and universities.
􀁸 Educators and teachers are enablers who help students to learn through various modes and engage them in case discussions, project work and interviewing business founders, amongst others.
􀁸 Entrepreneurship beyond business schools demonstrates how curricula development in many business schools penetrate other disciplines such as engineering, medicine, life sciences, and architecture to build entrepreneurs across disciplines.


New Venture Development 

􀁸 Highly entrepreneurial thinkers and doers are responsible in creating the energy effect by becoming change agents or movers and shakers. They bring their entrepreneurial ways of thinking, behaviours and doing their courses, research and institutions. Entrepreneurship: A New Philanthropy Management Paradigm

􀁸 As a new philanthropy management paradigm, entrepreneurship creates a not for profit or social organisation which uses the concepts and principles to conceptualise a new idea and transform into an opportunity, gather resources, raise funds and grow the management team just like any other business entity.

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