The Entrepreneuri al School of Thought Yza S. Reyes Michelle V. Cosico BA 190 - Strategic Management University of the Philippines Prof. Mita Angela M. Dimalanta
The Entrepreneurial
School of Thought
Yza S. ReyesMichelle V. Cosico
BA 190 - Strategic Management University of the Philippines
Prof. Mita Angela M. Dimalanta
Introduction• Strategy Safari: A Guided Tour through the
Wilds of Strategic Management (Mintzberg, Ahlstrand, and Lampel, 1998)•Descriptive• Emphasizes the importance of vision and
leadership• “Rider of the Elephant”
The Entrepreneurial School
Individual Leader
Vision
Judgment Intuition
Insight
Experience
Wisdom
Strategic Thinking as Seeing AheadSeeing Behind
Strategic Thinking as Seeing DownSeeing Above
Strategic Thinking as Seeing BeyondSeeing Beside
Strategic Thinking as Seeing
Origin in Economics
Traditional View Modern View
The Entrepreneur
Visionary Leadership
AssistanceRepresentation
Repetition
DIRECTIONFORESIGHT
BELIEVEDMOTIVATING
Contributions of the Entrepreneurial School
Visionary Leaders
Limitations of the Entrepreneurial School
Premises of the Entrepreneurial School
• Strategy exists as a perspective in the leader’s mind.• The process of strategy formation is semiconscious at best, rooted in
the experience and intuition of the leader.• The leader promotes the vision single-mindedly, maintaining close
personal control of the implementation • The strategic vision is malleable, and so entrepreneurial strategy
tends to be deliberate and emergent• The organization is likewise malleable, a simple structure responsive
to the leader's directives.
• Entrepreneurial strategy tends to take the form of niche, one or more pockets of market position protected from the forces of outright competition.