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Comparison of traditional managers , entrepreneurs, intraprenuers by Dr.Rajesh Patel , Director ,NRVMBA
Primary Motives TRADITIONAL MANAGERS: Promotion and other traditional corporate rewards , such as office,staff, and power Entrepreneurs: Independence, opportunity and create money Intraprenuers: Independence and ability to advance in the corporate rewards by Dr.Rajesh Patel , Director ,NRVMBA
Time orientation Entrepreneurs: Survival and achieving 5 to 10 year growth of business. Intraprenuers: Between entrepreneurs and traditional managers, depending on urgency to meet self-imposed and corporate timetable. Traditional managers: Short term – meeting quotas and budgets, weekly, monthly, quarterly, and the annual planning horizon. by Dr.Rajesh Patel , Director ,NRVMBA
Activity Entrepreneurs: Direct involvement intrapreners: Direct involvement more then delegation. Traditional managers: Delegates and supervises more then direct involment by Dr.Rajesh Patel , Director ,NRVMBA
Risk Traditional managers: careful Entreprenuers: Moderate risk taker Intrapreners:Moderate risk taker by Dr.Rajesh Patel , Director ,NRVMBA
status Traditional managers: Concern about status symbols Entrepreneurs: Not concerned about status symbols Intrapreneurs: Not concerned about traditional status symbols desire independence by Dr.Rajesh Patel , Director ,NRVMBA
Failures and mistakes : traditional managers: Tries to avoid mistakes and surprises Entrepreneurs: Deals with mistakes and failures. Intrapreneures: Attempts to hide risky projects from view until ready by Dr.Rajesh Patel , Director ,NRVMBA
Decisions : Traditional managers : Usually agrees with those in upper management positions Entrepreneurs: Follows dreams with decisions Inttrapreneuers: Able to get others to agree to help achieve dreams by Dr.Rajesh Patel , Director ,NRVMBA
Who serves Traditional managers: Others Entrepreneurs : Self and customers Intrapreneuers : Self, customers,and sponsors by Dr.Rajesh Patel , Director ,NRVMBA
Family history : Traditional managers : Family members worked for large organizations Entrepreneurs: Small business , professional, or farm background Intrapreneurs: Small business , professional, or farm background by Dr.Rajesh Patel , Director ,NRVMBA
Relationship with others Traditional managers : Hierarchy as basic relationship Entrepreneurs: Transaction and deal making as basic relationship Intrapreneurs: Transaction within hierarchy by Dr.Rajesh Patel , Director ,NRVMBA