Entrepreneural process - 1087 Words

Entrepreneurial Process HCS/567 September 16, 2013 Peter Albright Entrepreneurial Process Entrepreneurs are inclined to pursue a four-step method to realize their goals. The four steps include identifying opportunities, developing a plan, determining the resources needed, and lastly managing the newly developed enterprise (Hirsh, Peters, Sheppard, 2005). A well-defined grasp of the risk-taking progression is very significant in knowing the steps of a company officer or measuring if private enterprise is the way to go for them. The order of the entrepreneurial process is important for proper fulfillment and to improve the odds of success (Barringer Ireland, 2008). Some parts of these steps are important for the†¦show more content†¦The corporate entrepreneur on the other hand, also needs the dream but must convince others of his dream and its importance. Kuleuven (2010)â€Å"Corporate entrepreneurial advantages (ventures, innovation and renewal) can be created relying on tangible (e.g. physical, financial and labor resources) and intangible resources (e.g. human, social and intellectual capital). Intangible resources are becoming ever more salient, especially in highly innovative and emerging industries†(p. 1). Entrepreneurship is becoming more important every day in many fields, especially health care. Howard (2008)†Thankfully, entrepreneurs are finding ways to bring innovative consumer-oriented health care to market—simplifying medical decisions, reinvigorating primary care and lowering health care costs†(p. 1). The pressure is on the health care system to see that the needs of the population are met in an efficient and cost-effective way. There are real concerns about inapt skills mix of employees in health care especially nursing. The entrepreneur is finding his way into health care on a corporate level and individual level. They are finding ways to lower health cost and bring better care to patients in the United States. Entrepreneurship is no easy task but a very important area of health care. T he four steps identifying opportunities are very important to the dreamer who wants to go into a venture. The independent and corporate entrepreneur is part of many areas in business andShow MoreRelatedCultural Identity In The Philippines1334 Words   |  6 Pagesschools do not produce people who are highly resourceful, creative and adaptable to a fast changing and extremely complex contemporary world. They encourage dependency, a job-seeking, employability mentality rather than originality of thought, entrepreneural qualities and self-reliance on native skills, knowledge and strengths. In terms of Health: we do not see the virtues of our systems of traditional healing and medicine, we spend billion pesos for imported drugs, medical technology and expertiseRead MoreInsight Into Entrepreneural Failure2982 Words   |  12 PagesTITLE: INSIGHT INTO THE ENTREPRENEURAL FAILURE CASE STUDY: DREAM DEFERRED: THE STORY OF A HIGH-TECH ENTREPRENEUR IN A LOW-TECH WORLD. Table of Content 1. Cover /Title Page †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Page 1 2. Table of Content/ List of Exhibits †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Page 1 3. Executive Summary †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Page 1 4. Introduction †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Page 2 5. Main Report †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Page 2 6Read Moreent5306431 Words   |  26 Pagesgovenment and small business as well as regions and size. Dell had to look across an aggregated view of these existing groupings to identify shared values relating to product features and supply chain capabilities. A global view was critical to this process. 7) Innovative product Dell also make an innovation in their product in order to make customer loyal with their products and not move to the other substitutes product. Dell had invested a lot of amount in innovative area. For Dell company, customerRead MoreSuccessful Factors Of Subways Business Marketing Essay9310 Words   |  38 Pagesdiscovered proper arrangements: the franchisee can then be demonstrated a plan of action that works. the franchisee will be reproducing an attempted and tried business framework instead of exploring different avenues regarding new thoughts. Branding: The process involved in creating a unique name and image for a product in the consumers mind, mainly through advertising campaigns with a consistent theme. Branding aims to establish a significant and differentiated presence in the market that attracts andRead MoreAdult Illiteracy7435 Words   |  30 Pagesare just a few of the success stories that can be told, and the implication for the nation s schools should be crystal clear. If children are taught intensive, systematic phonics at an early age, until it is automatically applied in the reading process, then illiteracy is dramatically reduced, comprehension improves, and remediation is virtually unnecessary, except for very few. Example # 1: ask Mary Musgrave, Principal, Gallegos Elementary School, Tucson, Arizona Mary was a teacher in the SunnysideRead MoreThe Entrepreneurial Mind-18021 Words   |  73 PagesDevelopment—Revolutionary Impact 2 The Entrepreneurial Mind-Set in Individuals: Cognition and Ethics 31 The Entrepreneurial Mind-Set in Organizations: Corporate Entrepreneurship 67 Social Entrepreneurship and the Global Environment for Entrepreneurship 98 Entrepreneural case analysis Corporate Entrepreneurship and Innovation in Silicon Valley: The Case of Google, Inc. 127 Entrepreneurship: Evolutionary Development—Revolutionary Impact Chapter 1 â€Å"Entrepreneurial Thought Most of what you hear about entrepreneurship