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Entrepreneurship vs. Managership - Creativity And Innovation
Management Concepts & Organisational Behaviour - Creativity And Innovation
Entrepreneurship vs. Managership - Creativity And Innovation
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Entrepreneurship involves initiating changes. Doing things in an innovative way.
Entrepreneurship vs.
Managership
Entrepreneurship involves initiating changes. Doing things in an innovative way. It refers to creation of a new organization. Management, on the other hand, refers to the ongoing coordination of the production process, which can be visualized as a continued combing of the factors of production. It involves managing an existing business. Consequent to the liberalization polices pursued by the government, Indian industry is exposed to stiff, sometimes, even cut-throat competition, not only from other enterprises within the country but also from outside. As a result, the axiomatic truth ‘survival of the fittest’ has become the reality in the Indian corporate sector too. Failure of managements to respond appropriately to changing realities would cost them dearly. In the wake of profound changes in the various segments
Entrepreneurship involves initiating changes. Doing things in an innovative way. It refers to creation of a new organization. Management, on the other hand, refers to the ongoing coordination of the production process, which can be visualized as a continued combing of the factors of production. It involves managing an existing business. Consequent to the liberalization polices pursued by the government, Indian industry is exposed to stiff, sometimes, even cut-throat competition, not only from other enterprises within the country but also from outside. As a result, the axiomatic truth ‘survival of the fittest’ has become the reality in the Indian corporate sector too. Failure of managements to respond appropriately to changing realities would cost them dearly. In the wake of profound changes in the various segments
Tags : Management Concepts & Organisational Behaviour - Creativity And Innovation
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