The Entrepreneurial

School of Thought

Yza S. ReyesMichelle V. Cosico

BA 190 - Strategic Management University of the Philippines

Prof. Mita Angela M. Dimalanta

Introduction• Strategy Safari: A Guided Tour through the

Wilds of Strategic Management (Mintzberg, Ahlstrand, and Lampel, 1998)•Descriptive• Emphasizes the importance of vision and

leadership• “Rider of the Elephant”

The Entrepreneurial School

Individual Leader

Vision

Judgment Intuition

Insight

Experience

Wisdom

Strategic Thinking as Seeing AheadSeeing Behind

Strategic Thinking as Seeing DownSeeing Above

Strategic Thinking as Seeing BeyondSeeing Beside

Strategic Thinking as Seeing

Origin in Economics

Traditional View Modern View

The Entrepreneur

Visionary Leadership

AssistanceRepresentation

Repetition

DIRECTIONFORESIGHT

BELIEVEDMOTIVATING

Contributions of the Entrepreneurial School

Visionary Leaders

Limitations of the Entrepreneurial School

Premises of the Entrepreneurial School

• Strategy exists as a perspective in the leader’s mind.• The process of strategy formation is semiconscious at best, rooted in

the experience and intuition of the leader.• The leader promotes the vision single-mindedly, maintaining close

personal control of the implementation • The strategic vision is malleable, and so entrepreneurial strategy

tends to be deliberate and emergent• The organization is likewise malleable, a simple structure responsive

to the leader's directives.

• Entrepreneurial strategy tends to take the form of niche, one or more pockets of market position protected from the forces of outright competition.