3M Optical Systems: Managing Corporate Entrepreneurship MST550 – Capstone Professor Jack Raiton HBSP Case #395-017 Discussion Questions 1. What practices make 3M such an innovative company? 2. What is Any Wong’s role as the OS Unit’s general manager? How effective has he been? 3. What is Paul Guehler’s role as division vicepresident? How effective has he been? 4. What should Andy Wong do with the computer screen AFE? If he gets the AFE‚ should Guehler fund it? Case Outline • • • • • •
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A cannot be correct‚ because‚ while it was a reason for Hamilton to encourage manufacturing‚ it was not his only reason. Manufacturing would diversify the United State’s largely agricultural economy and reduce the less profitable surplus of agricultural produce while decreasing America’s dependence on trade with Britain. Despite what Jefferson believed‚ Hamilton thought this result of increasing manufacturing would greatly benefit the United States. However‚ this is the incorrect answer‚ because
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Candidate name Student ID Tutor Minggui Qu Title of the project Investigation of the organisational structure of LOreal Group Word count 781 1. Introduction The purpose of this report is to assess the LOreal Group which is a global business organisation. This report investigates the operation of LOreal Group that it illustrates the historic context and the development of the group. 2. The historic context Over a century‚ LOreal has grown from a small family business to the worlds leading cosmetics
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economic engine‚ be it local or global. And like all feasts of human achievement the desire to succeed needs to back by tenacity and hard work‚ both of which are derivatives of motivation. Thus the objective of this paper is to review the relationship between motivation and entrepreneurial success. 2.0 Understanding entrepreneurship Most of the entrepreneurial theories emphasise the entrepreneur as a innovator or a creative force (Kirzner‚ Schumpeter) but it is important to note the term entrepreneur
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Results – Objectives: * Satisfaction of a good trip * Learned and experienced the French culture * Met people from all over the world Work Breakdown Structure for a successful trip to Paris 1.0: Preparation before leaving to Paris 1. Research about Paris and buy travellers book‚ ask past travellers 2. Budget finances a. Reserve hotels b. Book planes c. Weekly metro pass d. Food expense e. Shopping expense f. Attractions expense 3
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1. How the 3 M innovation process evolved from the time the company was found? Answer: The innovation process at 3M has typically been a focus area for the upper management. The company had taken a getoutoftheway attitude towards the product developers who in turn have worked accordingly towards innovation. Along with technicians each team had a process engineer to ensure that the product was efficiently made. The entire team did not face any risk if the product failed.
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compare and contrast organisational structures of both companies. Type of organisational structure and purpose of Tesco and Oxfam Part A Tesco organisational structure is hierarchical. A hierarchical structure has many levels. Each level is controlled by one person. Hierarchical companies tend to be a very big company just like Tesco is. In a hierarchical instructions are generally passed down from one person to another until it gets to the bottom of the hierarchical structure. If there was a problem
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An entrepreneurial competence is an underlying characteristic of a person‚ which results in effective and /or superior performance in a business venture. It is an underlying characteristics of a person‚ in that it may be motive ‚traits‚ skills ‚aspect of ones self-image‚ a body of knowledge‚ set of skills and cluster of appropriate motives/ traits that an individual possess to perform in his business. Personal Entrepreneurial Competencies - The EMPRETEC Model Research by McClelland and McBer
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large organisation that will‚ if created‚ be successful within its market. I shall search and provide relevant background research and empirical evidence to help create the organisation. The main aims for this report are to produce an organisational and management structure that is appropriate for the company I aim to create. Business context The organisation I shall create in this report is East Anglian Driving School (EADS). The organisation shall consist of driving instructors throughout East Anglia
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groups in organizations will inevitably contribute to organizing the organization by the way they "do" or "don ’t do" activities). Organizing involves the way people impose meanings‚ interpret actions and make responses to things‚ when they cannot make sense of these things; people reinterpret them according to their own views and often try to impose them on others. Therefore‚ the organizational structure is strengthened‚ through various means for example performance appraisal‚ different pay rates etc
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