Creating Entrepreneurial Culture in a Large Organization

Journal of Advanced Research in Economics and International Business, (Volume I, Winter 2013), Issue 2(2):Pp. 71-96.

36 Pages Posted: 24 Jul 2013 Last revised: 18 Mar 2014

See all articles by Dr. K.S.S. Kanhaiya

Dr. K.S.S. Kanhaiya

SAIL, Bokaro Steel Plant; All India Management Association; Institute of Directors, India; Indian Science Congress Association; Institution of Engineers (India); Computer Society of India (CSI); Indian Institute of Metals (IIM); Indian Institute of Materials Management

Date Written: July 21, 2013

Abstract

This paper examines viewpoints about entrepreneurship and underscores its need for business organizations. Some organization models are reminded before discussing why entrepreneurial culture is essential for large organizations. Characteristics of entrepreneurial culture are examined. Present status in large organizations is discussed in terms of the McKinsey 7-S framework. Findings of a field survey have been presented. Practical lessons for creating entrepreneurial culture have been extracted. A new terminology of A-E-I-O-U has been introduced for characteristics of entrepreneurial culture. Two new indicators, namely Creativity Quotient and Enterprise Index, have also been introduced in the context of internal entrepreneurship. However, these concepts remain to be developed into well-defined ideas with operationalisation to facilitate their measurement and planning interventions. It may be noted that the paper has a high practitioner orientation compared to the empirical theory-testing / theory development orientation expected of most journals.

Keywords: Entrepreneurship, Intrapreneurship, Creativity, Innovation, Organization, People, Galbraith Organization Fit Model, Weisbord Six-Box Model, McKinsey 7-S Framework, Hard S, Soft S, Shared Values, Skills, Staff, Style, Strategy, Structure, Systems, Aspiration, Unlearning, A-E-I-O-U, Ownership, Priorit

JEL Classification: J29, L29, M14

Suggested Citation

Kanhaiya, K.S.S., Creating Entrepreneurial Culture in a Large Organization (July 21, 2013). Journal of Advanced Research in Economics and International Business, (Volume I, Winter 2013), Issue 2(2):Pp. 71-96. . Available at SSRN: https://ssrn.com/abstract=2297502 or http://dx.doi.org/10.2139/ssrn.2297502

K.S.S. Kanhaiya (Contact Author)

SAIL, Bokaro Steel Plant ( email )

Bokaro Steel City, 827001
India

All India Management Association

India

Institute of Directors, India

India

Indian Science Congress Association

Institution of Engineers (India)

8 Gokhale Road
Kolkata 700020
India

Computer Society of India (CSI)

India

Indian Institute of Metals (IIM)

India

Indian Institute of Materials Management

India

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