Most new ventures start small. Although many ventures will remain small, entrepreneurial ventures aim to achieve rapid, sustained growth. Such growth can create problems for owners and managers if the necessary resources, structures and systems are not in place. Also, the challenges of identifying and capitalizing on a high potential opportunity differ significantly from those of growing a newly formed venture. This subject examines the problems and issues faced by entrepreneurs beyond the initial start-up of a new venture. It takes an applied approach to the management of entrepreneurial growth, providing students the opportunity to learn and apply the principles, theories and frameworks to both business cases and real organisations.
|Faculty||Bond Business School|
1. Explain the life cycle of a firm, comparing various models of how organisations develop.
2. Describe the typical challenges facing entrepreneurial firms and explain how both continuance and change contribute to these challenges.
3. Explain how resources, organisational design, people and organisational culture can affect the growth of an entrepreneurial firm.
4. Evaluate an entrepreneurial firm in terms of how it is managing its growth and provide recommendations for improvement.
5. Work in small teams to evaluate an entrepreneurial firm and provide recommendations for improvement.
6. Communicate your analysis and recommendations of an entrepreneurial firm in a professional report and presentation.