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Is Entrepreneurial Enough? |
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A recent article "About Face" by Robert Kiyosaki presents some interesting concepts and ideas for companies planning to grow and what to look for in their employees. The article states that many companies have hired entrepreneurial type employees with hidden agendas. Kiyosaki states "Are entrepreneurs born or are they made? I still don't know the answer. But what I do know is that if you're going to grow your business, you need to be careful about who you bring in to do the growing. Entrepreneurs and employees are very different people."
Definition of an Entrepreneur: A person who organizes, operates, and assumes the risk for a business venture. |
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John Kotter and Holger Rathgeber have produced a funny little book with great insight and wisdom "Our Iceberg Is Melting". The book reflects that the change process takes time and goes through several different phases. He states that "In a successful change effort and that a mistake made during any phase of the change effort can have a negative impact on the organization" 13. Kotter outlines an eight step process (see process below) with suggestions to help organizations transform. Kotter’s model is useful for Financial Services and Insurance companies to understand that the change process takes time and is not something that happens overnight. It is essential for managers to understand that the steps needed to support any transformation initiative take place during all phase. |
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