Friday, February 21, 2020

Methodology Assignment Example | Topics and Well Written Essays - 750 words

Methodology - Assignment Example 3) The M-Pesa money transfer services offered by the Vodafone Corporation are such an example of an intrapreneurship (Spitzeck, nd, pp.5-9). It is a high-risk venture since mostly the firm funds the projects but it diversifies the firm’s focus and increases innovation approaches and motivational techniques. It is also a shield for the company from risks of failure and a pilot for proposed management and entrepreneurial styles (Asgar and Wigley, 2000, pp. 4). Companies are growing and production has increased with a ready market locally, in the Americas and Africa, which would be attributable to the high rates of innovations that are characterizing these market segments. The way of running companies in Asia is different from the rest of the world in matters of administration and the use of intraprenuership could increase the growth of the companies, their reputation and their production (Antoncic and Hisrich, 2001, pp. 495). Most of the companies in Asia have a top-down adminis tration strategy in matters of organizational culture leading to a form of innovation paralysis, a general lack of new ideas and insight: where the low-level personnel are not empowered and they hardly get things done without approval from the authorities; this approval is hard to get (Yeung, 2002 p. 1-5). Intraprenuership has been adopted by many major firms and has led to creation of major brands and diversification of market (Bosma, Stama and Wennekers, 2010, pp. 4). Therefore, intrapreneurship can be seen to be managerial phenomenon that ought to be taken more seriously and tried widely as the companies will benefit from the concepts of their employees and have them drive the exercise as it enriches management practices (Seshadri and Tripathy, 2006, pp. 17). It allows the adoption of design, creativity and innovation as a strategy for competitiveness, diversification and income generation (Hathway, 2009, pp. 8). Justification The recent development of this management practice (i ntrapreneurship) may imply that it is not widely used across the globe, and hence within the Asian region. This study will therefore will be very instrumental in justifying the presence or lack of this management strategy within this region. It is therefore important that the dissertation reveals how it affects or could affect the running of businesses within this region as being studied. The dissertation will therefore be concerned with developing a hypothesis on the necessity of intraprenureship in Asia and its contribution to organizations. The research question is therefore â€Å"what is the effect of intrapreneurship within Asian based organizations?† Objectives Business management is a field that involves new findings, strategies and re-strategizing on the output of the firm for increased revenue (Sabharwal, nd, 89-90). In the mid 70’s, the world of business management used a method that would later on come to be utilized and revitalized to conform to arising cha llenges of the new era; in the first paper about this method, Gifford and Elizabeth Pinchot in 1978 named it

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