Today more than ever business success depends on two distinct and inherently different issues, those of efficiency and effectiveness.
"Efficiency is concerned with product and service delivery, quality improvement and cost control, while effectiveness is more concerned with opportunity recognition, knowledge acquisition and creativity. The need to be more entrepreneurial cannot be argued however, what are the real differences between old style organisations and truly entrepreneurial organisations." orglearn
Quote: “doing things better V’s doing better things”. (unknown)
So is your organisation entrepreneurial by nature? The following table should provide some insights:
So how does your organisation rate? Is it set up to take advantage of an entrepreneurial future or is it locked in the past and strangled by a bureaucracy just struggling to maintain the status quo?