Here, the case study states that: entrepreneurship was in the company's DNA. But professional management practice had been needed for the company to deliver increasingly large and complex projects" (Williams & Davis, 2011, p 13). It became more and more important to focus on strategies that would structure the company to efficiently operate, while continuing to foster the creativity that drove it forward in the first place.
There are several ways the company can remain nimble and innovative enough to compete along with constantly emerging technology, despite its maturing organizational structure. The primary importance is a structure which relies on local leadership. Having locally centered power will allow the company to adapt as it needs to in a very diverse global marketplace. Infusion needs to focus on not falling into the trap of old molds, where the international business becomes too structured, and thus inflexible and rigid, causing it to miss out on the individual creativity of its employees serving within very specified markets (Lord, deBethizy, & Wager, 2005). It would be beneficial "to appoint someone to lead operations locally" in order to facilitate stronger and more capable leadership, but also to open up pathways for greater creativity and innovation for those working in the field with first hand knowledge of the developing marketplace. This allows managers to be flexible and free to adapt their own strategies depending on the unique structures and demands of the markets they help control. As such, the company can be "highly individualistic, situation specific, and unique" managerial opportunities that allow Infusion to better adapt to the ever-changing marketplace and continue a strong growth strategy (Oyson, 2012, p 3).
Moreover, it is crucial for Infusion to retain its entrepreneurial spirit to ensure a wider array of opportunities and rapid personal growth. Infusion has already taken measures to keep the concept of participation and innovation alive through promoting entrepreneurship within their employees' beliefs and expectations of their participation with the company. Infusion should focus on the continuation with working...
women's entrepreneurs: Evidence from an East African Economy (Ethiopia) It is an established fact that the Micro and Small Enterprise (MSE) sectors can help large parts of the populace in underdeveloped economies like Ethiopia as the means for livelihood. African women are beleaguered with societal and cultural challenges and overall entrepreneurial attributes, and that is reflected in the lack of their entrepreneurship development. This study hence takes up the issues
Origins, History of the IMF The International Monetary Fund was first conceived between July 1-22, 1944, at the United Nations Monetary and Financial Conference in Bretton Woods, New Hampshire. The conference was attended by representatives of 45 nations, which were called together in order to plan and lay the groundwork for a cooperative economic framework to solve global financial crises before they occur. One key reason for the conference was to
Business Venture The author of this report is asked to answer to several questions and specifications surrounding a business venture and how exactly it would and should be pulled off in an effective and well-performing manner. The form and function and "how" the business would be established is the first thing while the next is the funding sources that would be undertaken to get things going. The form or forms of
Those officials who did look at the question of Japanese intentions decided that Japan would never attack, because to do so would be irrational. Yet what might seem irrational to one country may seem perfectly logical to another country that has different goals, values, and traditions. (Kessler 98) The failures apparent in the onset of World War II and during the course of the war led indirectly to the creation
In the recent years, trends have emerged in the healthcare management industry, which includes patient protection, social media in healthcare, and drug shortages. Patient protection has largely been influenced by laws and policies in different nations. In the United States, the enactment of the Patient Protection and Affordable Care Act (PPACA) has resulted in the lowering of overall healthcare costs, whereby millions of individuals have access to insurance, thereby guaranteeing
Adler reveals that poverty is systemic: a sign of a corrupt system. Mollie James' and Balbina Duque's only chance of extricating themselves from poverty is to inject more political power and energy back into the formation of labor unions. The power of the people to overcome and overthrow corrupt regimes has been proven time and again throughout human history; the struggle is not an easy one but there is no
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