Home
Subjects
Management
Enterprise Development Culture and Management

Free

Enterprise Development Culture and Management - Essay Example

Summary

The author of this essay entitled "Enterprise Development Culture and Management" casts light on the entrepreneurship issues. As the text has it, Sir Philip Green started his venturing and exposing himself to the business world seriously while he was at the age of 15 years…

Download full paperFile format: .doc, available for editing

GRAB THE BEST PAPER94.4% of users find it useful

Enterprise Development Culture and Management

Read TextPreview

Subject: Management
Type: Essay
Level: High School
Pages: 1 (250 words)
Downloads: 1
Author: donnie58

Extract of sample "Enterprise Development Culture and Management"

What barriers did they overcome?
Initially while, at 12 years, his dad passed away, which may be, prompted him to come to the reality of life and start striving in life early for success (McMillan, 2011). In 1988 while being a manager in discount clothing stores, shareholders forced Sir Philip Green out of the office. Since, they blamed Sir Philip Green being liable for Amber Day’s dwindling profit levels. In addition, he experienced sale of department store chain Owen Owen and its 12 branches whereas under his ownership in 1990s.
What type of entrepreneur is this? Craft, serial, innovator, portfolio etc.
Sir Philip Green is a serial entrepreneur. Since, numerous of his ventures entail buying, developing and selling the firms, where he persists with the process. This is evident especially when he joined with his ally Tom Hunter and purchased sports retailer Olympus and later sold it to earn in £73 million (McMillan, 2011: pp.22).
What traits or personality traits have an entrepreneur?
Sir Philip Green’s traits or personalities encompass,
He possesses ability in scanning environment for available window opportunities.
Sir Philip is optimistic (Bridge, 2010: p. 80).
He has a third eye to recognize opportunities where others see none.
In every endeavor, he commits has a strong vision plus passion.
He is an excellent investor in every venture and sacrifices resources wisely.
Is this innovation, new venture creation, intrapreneurship, social entrepreneurship, etc.
The action entails taking an already dilapidating firm, which people have given up on it and developing it via the implementation of new or diverse strategies in the realization of its goals.
What entrepreneurial strategies were used?
Self-trust on the part of the entrepreneur.
The entrepreneur did not allow conventional wisdom from people to deterring him from improving the dilapidating firms.
He did not allow the adversity to define the outcome of a dilapidating firm.
Taking the initiative for every decision one makes to succeed.
There was meticulous scanning for competitors and the availability of new ideas meant for implementation (Katie, 2012: pp.22). Read More

CHECK THESE SAMPLES OF Enterprise Development Culture and Management

Enterprise systems management : Software Development Laboratories

... Strategy it means general plot to develop when the enterprise meet drastic changes and severe challenges. Enterprise strategy helps align efforts of all the employees of the organization in one direction, i.e. to achieve one single goal. Aligning the goals of all employees in very important in order to achieve best in class output which will eventually make customer happy and customer satisfaction is the key to survival of any business. With the progress and development of economy and society, especially the economic globalization, modern enterprise theory put more emphasis on strategy management. Strategy management is the consequence of the development of society and economy. After so many years’ studies, some school have already formed...

12 Pages(3000 words)Book Report/Review

Enterprise and Business Development

...Enterprise and Business Development To start a new business or to establish a new company owners should take into consideration theories, methods andmodels to analyze business perspectives, opportunities and possible threats. So, they should use business strategy, and strategic planning, as well as the main established theories. The purpose of a business is to get and keep a customer. Business plan aims to decide what companies should do to achieve that purpose and then to ensure that it is done. As companies are dynamically evolving entities operating within a dynamically evolving environment, some means of evaluation of the way in which the two interact has to be found to enable them to be better matched. Marketing plan for Laundry...

13 Pages(3250 words)Term Paper

Enterprise and Business Development

... phones where the fierce competition exist.If, the cautios and well-calculated aproach to the new enterprises will be maintained one can hope for the success of the extension project. " Richard Branson" Encyclopedia Britannica, ed.2004. John L.Thompson "The world of the entrepreneur - a new perspective " , The Journal of Workplace Learning, 1999 Volume: 11 Number: 6 Page: 209 - 224. " Virgin flies high with brand extensions." , Strategic Direction, 2002 Volume: 18 Number: 10 Page: 21 - 24. R Dobbins; B.O. Pettman, "Self-development: the nine basic skills for business success" , The Journal of Management Development, 1997 Volume: 16 Number: 8 Page: 521 - 667. Nick Barratt. " Family Detective An investigation into our hidden histories...

11 Pages(2750 words)Essay

Enterprise Culture and Entrepreneurship

The enterprise culture in the UK has also not played a major part in Charles Dunstone's success, as he relied more on himself and close associates to make his business a success.
Entrepreneurship is the creation of new enterprise (Low and MacMillan 1988) and it is also often focussed on profit making. Examples of famous entrepreneurial ventures include Gerber baby foods, Barbie dolls and Heinz ketchup. Entrepreneurship is important for any country as it has significant economic and social contributions (Bartol and Martin 1998). For instance, the creation of new enterprise is associated with job creation and the creation of other smaller businesses to supply the business. The economic impact of small business job growth i...

12 Pages(3000 words)Case Study

Enterprise and Business Development

...ENTERPRISE AND BUSINESS DEVELOPMENT EXECUTIVE SUMMARY It is perhaps the tradition of Nature that it produces such personalities in every age which lead the world by virtue of their astounding qualities and superb achievements. Their presence serves like a blessing as their efforts are for the benefit of others. Such dynamic personalities have innate inclination of exploring new dimensions of universal phenomenon and have capabilities of putting the world in utter surprise by dint of their commitment, arduous work and untiring efforts in some specific area of interest. Bill Gates, the Chairman of Microsoft Corporation is among such great personalities of contemporary times. Though the writer has no direct relationship with either...

11 Pages(2750 words)Essay

Enterprise and Business Development

...Enterprise and Business Development. Business can be understood as a group consisting of number of people who joined together for a common purpose for the attainment of pre-defined goals, for the emergence of profit. Most of the business must accomplish similar functions regardless of the size and legal structure. A proper plan about the business is a key factor before the organization or company begins to function. A business plan is a formal statement of a set of business goals and the devising of strategic plans for reaching those goals. Business plan may be internally or externally focused. Business plans are decision-making tools by which a company strives to attaining its corporate goals. A business plan will be tested against...

12 Pages(3000 words)Essay

Development and social enterprise

...Development and social Enterprise Task Introduction To have a smooth group membership experience, it is necessary to have an understanding of the team formation process. Every member goes through different stages from being a stranger to forming an association with other members to attain a common goal. When building up a team, it is necessary to instill a productive team spirit to enhance a successful task completion. In this regard, Tuchman’s “Forming, Storming, Norming and performing model” can be taken into consideration. I am in a four-person group, which was faced with a task of presenting the activities of an enterprise called “Youth Development Activity Project”. Each group member, as expected in a group, has been deeply involved...

4 Pages(1000 words)Essay

Enterprise and business development

Five forces of Competition Theory The supplier power is a key determinant in the pricing strategy to be adopted so as to keep the business in good financial health while also coping up with competition from KFC, Starbucks, Dunkin Donuts, White bread and Costa. Suppler power looks at the ease with which suppliers can cause a rise in prices due to uniqueness of their coffee products, or services, strength and relative size of the suppliers, the number of suppliers attached to each input and the cost of moving from one supplier to the other. This is a consideration for the players in the coffee beverages sale sector. Firestarter considers the supplier dynamics and aims at positioning itself in a position of relative advantage in a bi...

2 Pages(500 words)Essay

Total Quality Management of Bank Muscat

I am sincerely indebted to Mr. Majed Ambusaidy, the manager of quality department in Bank Muscat and his assistant, Yasser Al-Raisi, for helping me gather much information for my researching needs.
Any corporation values its customers for they believe that customers are as important as the human capital of the company. Usually, customers dictate the needs and requirements whilst the company develops and provides these needs. In case the customer is not satisfied with the outcome of the product or service rendered, negative implications set in against the enterprise. It may affect not only the customer per se, but it also subjects the entire organization’s reputation at risk. Not to mention the loss incurred as the custo...

72 Pages(18000 words)Case Study

Management Project of Happy Tots Child Care Centre

Scope, time and cost are the restrictions that are acting upon the project management progression. This constraint can also be connected with one of the knowledge areas of Project Management (Bass et al. 2003).
Project Management Plan: For effective project management, the basic step that should be taken is to collect the information that is necessary for developing the project plan and then make flowcharts for the plan (Kenneth, 1999).
Project Scope Management: takes account of the processes required to make certain that the project includes all the work required, and only the work required, to complete the project successfully (Bass et al. 2003).
The project is a database project that will involve the development...

7 Pages(1750 words)Lab Report

Business Management Framework in Educational Organizations

The organizational structure should be present to guarantee clear divisions of authority, responsibility, communication, and control. The second component is the generation of the organization situations for successful implementation such as culture, communications, reward and incentives systems, training, and control (Fonseca 2002).

Two basic theoretical paradigms to business management framework could be identified. The first puts considerable emphasis on structural frameworks to change and involves an issue with organizational design as well as the linkage between organization and environment. This point of view puts less importance upon human activity and the way individuals try to understand or make sense of the wo...

6 Pages(1500 words)Case Study

Enterprise Information Security and Privacy

The PCI DSS was created primarily created by Master card and Visa but later on, we're joined by three other premium credit card companies to form an independent council to counter online credit card fraud. The American Express, discover financial services and JCB were the three other companies that decided to take an active part in the stand taken by Visa and MasterCard. To understand the effectiveness of PCI DSS it becomes crucial to understand its core functionality and the reasons it was devised. The objective of PCI DSS is to build a secure network, protect cardholder data, maintain a vulnerability management program and implement strong access control measures (Wright .2008.Page11). In today’s time when security has bec...

6 Pages(1500 words)Assignment

Household Management by Isabella Beeton

The other virtues that should be adopted by her are: early rising, cleanliness, frugality and economy, choice of acquaintances, care in building friendship, hospitality, a careful conversation with friends, maintaining good temper, to follow fashion in terms of clothing; buying dresses or apparels within the means and status of one’s husband; charity and benevolence; bargaining while purchasing things; maintaining housekeeping account book; hiring competent and honest servants. A guide to the annual wages of domestic servants is also given by the author.
This shows that a woman is in command of all the expenses of her household, which she should spend with care. The bread earner in the Victorian Age was always a man: fa...

14 Pages(3500 words)Article

Difficulty in Operations and Service Management

The unique nature of every service makes the evaluation of quality extremely difficult. Let’s take the case of a doctor. The doctor might be thinking that when he is knowledgeable, is able to provide correct treatment to his patients, has the latest equipment and techniques and the required number of support staff, he is delivering good service. The patients, on the other hand, might be including the friendliness of the doctor and the support staff as well in the list of parameters to call the service as good. If they do not get this, the service quality provided is poor.
The parameters included calling the doctor's service as quality service may also differ from person to person. Some of the patients might be finding e...

8 Pages(2000 words)Assignment

Scientific Management and Human Relations Approach

For many years, a huge number of experts (Donnelly, pp. 24-33, 2008) have been trying to define the term management; however, analysis has indicated that management is itself a vast terminology that constitutes various aspects of an organization. For some, management is something that involves people. For some experts, management is an art that includes strokes that incline individuals to perform the required tasks in an efficient manner. Due to such a broad scope of management, until now, one can come across various management theories that propose different and diverse methodologies to manage people in an organization, such as classical theory, neo-classical theory, behavioral management theory, etc. As earlier mentioned, this p...

6 Pages(1500 words)Assignment

Understanding of Customer Relationship Management Strategies Pursued by Vodafone PLC

With the increased globalization and competition, it has become very difficult to maintain customer loyalty. The same has been experienced by UK mobile service providers. Customer retention is an acute problem for companies. It has been found that the lack of proper customer relationship management is mainly responsible for this global issue. Vodafone Group Plc, UK’s largest telecommunication company has been selected for undertaking the research to determine the root cause of this problem and to investigate other relevant reasons. A report of 2009 published by the company reveals that there are severe problems related to customer retention. It is well known that the mobile phone industry has boomed over the last eight years...

19 Pages(4750 words)Research Proposal

Globalisation, Development, and Trade

For few decades, there have been huge advancements in almost every field and part of the globe, and in midst of these developments, one buzzword has now become the component of almost every discussion and debate, ‘Globalisation.’

Although it is not a new term, and it has gone through different phases, however, experts (McGrew, pp. 23-29, 2007) have indicated that finish of the cold war resulted in significant importance of the globalization that now stands as a symbol of the process of liberation that different economies went through during a long period. In this regard, the term globalization cannot remain in isolation, and thus, it brings with it the whole progression of development and subsequently,...

6 Pages(1500 words)Article

Training and Development from a Human Resource Management Perspective

The last section will discuss my personal recommendation with regard to specific changes in the use of HR theories and work-related practices. My overall experience during the internship training period was fun and challenging.

During the first week of the training period, I managed to develop useful research survey questionnaires and research aids which enabled me to gather information needed for the development of a training plan for the fitness instructors.

Designing an effective training instruction plan that will address the main concerns of the students is the most challenging part of the internship. Using the ADDIE model, I plan to design a training instruction material by integrating the research sur...

30 Pages(7500 words)Thesis

Enterprise Development Culture and Management - Essay Example

Extract of sample "Enterprise Development Culture and Management"

CHECK THESE SAMPLES OF Enterprise Development Culture and Management

Let us find you another Essay on topic Enterprise Development Culture and Management for FREE!