What is induced strategic action? Give an example.
Induced strategic action is a concept that derives insight from the strategic intent of an organization, which is defined by the top management of the organization. It is the action taken by the middle and level management to implement the strategic intent defined by top management to sustain leadership and performance (Burgelman, 1984). An example of strategic action is an organization’s decision to switch to the production of electric vehicles from gasoline vehicle production.
What is an autonomous strategic action? Give an example.
While induced strategic action is derived from an organization’s strategic intent (defined by the top management), autonomous strategic action is not inspired by an organization’s strategy. Autonomous strategic action emerges from the beliefs of some people that some actions can result in path-breaking changes into business, banking on the capabilities of an organization and innovativeness. An example of autonomous strategic action is a car manufacturing company venturing into banking or smartphone production research.
Describe in your own words the five dimensions of the fundamental uncertainty that constrain the ability to predict the value of radically new technologies. Give an example of each.
The following are the five dimensions of fundamental uncertainty that can constrain the ability to predict or foresee the value of radically new technologies (Burgelman, 1984):
Why are autonomous strategic initiatives a challenge for management?
These initiatives pose a challenge for management since they are not directly related to the core strategy or strategic intent of an organization. They are a result of innovative ideas proposed by individuals. Since they are out of the box ideas and thoughts, there is a probability that their implementation may be successful or result in failure. Leaders have to promote out of the box thinking and take risks to benefit from innovation. A good initiative can increase the fortunes of an organization, while failure can result in huge organizational losses.
What are the nine design alternatives for internal entrepreneurial initiatives? For each design alternative, summarize in two to three statements when it should be utilized.
Regarding ICV, what are the problematic aspects of the core processes at each management level? Refer to Exhibits 1 and 2 on page 956. Describe each of the six individually.
At the first level, the key processes are technical and need linking, as well as strategic forcing (Burgelman, 1983). For technical and need linking, a problematic aspect is that the need needs to be identified and supported by the technical team. However, the technical team was not able to meet the needs of the market at all times. Moreover, the strategic force needs to be used to push a new idea to the highest level, which is not a good method of championing a new venture.
In the second stage, the core processes are stewardship and coaching, as well as strategic building (Burgelman, 1984). People were comfortable with the slow-paced exploratory process, which resulted in them not accepting the new fast-paced idea process. Coaching the group leaders was also neglected. Strategic building requires on to be open to witnessing scenarios. When one is focused on their conventional or set methods, they are not open to seeing new opportunities that can help them grow.
At the third level, the core processes are authorizing and monitoring (Burgelman, 1983). The problematic aspect of monitoring is that corporate management is usually used to a set framework. When a different idea or framework is introduced, the management cannot process it well, which makes monitoring difficult. Moreover, since the management is not confident in the monitoring, it is not comfortable authorizing the new ideas.
For the six core processes listed in Exhibit 3 (page 960) which do you believe will be both easy to implement and effective? Explain your reasoning.
At the top management level, both monitoring and authorizing will be easy to implement and will be effective. Since the orders come from the top, it will be easy to implement orders and the lower levels of management will make any necessary adjustments to processes to ensure the implementation of given orders.
For the six core processes listed in Exhibit 3 (page 960) which do you believe will be the most effective but difficult to implement? Explain your reasoning.
coaching is a highly effective process, it is difficult to implement since it
is time-consuming. In addition, the giver and the receiver of coaching have to
be at the same level of understanding.
Burgelman, R. A. (1984). Managing the internal corporate venturing process. Sloan Management Review (pre-1986), 25(2), 33.
Burgelman, R. A. (1983). A process model of internal corporate venturing in the diversified major firm. Administrative science quarterly, 223-244.
Phan, P. H., Wright, M., Ucbasaran, D., & Tan, W. L. (2009). Corporate entrepreneurship: Current research and future directions. Journal of business venturing, 24(3), 197-205.
Plagiarism Free Papers
All our papers are original and written from scratch. We will email you a plagiarism report alongside your completed paper once done.
All papers are submitted ahead of time. We do this to allow you time to point out any area you would need revision on, and help you for free.
A title page preceeds all your paper content. Here, you put all your personal information and this we give out for free.
Without a reference/bibliography page, any academic paper is incomplete and doesnt qualify for grading. We also offer this for free.
Originality & Security
At Homework Sharks, we take confidentiality seriously and all your personal information is stored safely and do not share it with third parties for any reasons whatsoever. Our work is original and we send plagiarism reports alongside every paper.
24/7 Customer Support
Our agents are online 24/7. Feel free to contact us through email or talk to our live agents.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
We work around the clock to see best customer experience.
Our prces are pocket friendly and you can do partial payments. When that is not enough, we have a free enquiry service.
Admission help & Client-Writer Contact
When you need to elaborate something further to your writer, we provide that button.
We take deadlines seriously and our papers are submitted ahead of time. We are happy to assist you in case of any adjustments needed.
Your feedback, good or bad is of great concern to us and we take it very seriously. We are, therefore, constantly adjusting our policies to ensure best customer/writer experience.