SlideShare a Scribd company logo
The Roles of Individual Knowledge and Corporate
Entrepreneurship as Competitive Advantages
Heather Simmons Jones
MHRD 830, Dr. Bronack
Fall, 2010
Competitive Advantages:
Overview
Elements of a Learning Organization
Rise of Learning Organizations
Definition of Individual Knowledge
Definition of Corporate Entrepreneurship
Case Study-FGP International
Barriers for Adoption of the Concepts
Conclusions
What is a Learning Organization?
 An organization that facilitates the learning of all its
members and continuously transforms itself –Pedler,
Burgoyne, and Boydell
 An organization where people continually expand their
capacity to create the results they truly desire, where new
and expansive patterns of thinking are nurtured, where
collective aspiration is set free, and where people are
continually learning to learn together-Senge
Why a Rise in Popularity?
 Competitive Environment
The fight for survival amongst competitors to do more
with less
Rate of Change
The ability to adopt new ideas and have the flexibility to
make changes quickly
Personal Fulfillment
The desire to keep employees engaged and fulfilled
Demand for Creativity and Innovation
The need for new products and services to support an ever-
changing world
Individual Knowledge:
What and Why
What:
An individual’s intellectual capital
Expertise of the individual within the organization
Example: Senior-level accountant
Why:
Maximize the potential of the individuals and the
company in order to achieve ever-changing objectives
People transfer information more readily “in” than
“between” organizations
The ability to transfer knowledge across an organization
quickly
Corporate Entrepreneurship:
What and Why
What:
The process whereby an individual or group of individuals, in
association with an existing organization, create a new
organization or instigate renewal or innovation within that
organization-Sharma
A “big-bet” as outlined by Porter
Why:
Means of accumulating, converting and leveraging resources
for competitive purposes
Developing and using product, process, and administrative
innovations to rejuvenate and redefine the firm and its
markets or industries
Case Study:
FGP International
Then Now
1982-Began with Executive
Placement in Textiles and
Apparel
Added Information
Technology
Only Recruited Senior and
Middle Management
Dying Industry Sectors
Little Diversification in
Company
Executive Placement in
Engineering, Finance,
Accounting, HR, Sales,
Marketing, Non-profit, and
Healthcare
Added Temporary Staffing
Added Outplacement and
Transition
Added HR Consulting
Well Diversified Company
FGP International:
Individual Knowledge and Corporate Entrepreneurship as
Competitive Advantages
Create the combination of culture and climate that
maximizes organizational learning on how to create
superior customer value in dynamic and turbulent
markets-DeGeus and Dickson
Mission to Mars
Transferred individual knowledge from tenured
employees and heard feedback from employees joining
the team from other industry sectors
Surveyed client needs and received feedback
Looked at competition and opportunities for new
products and services
FGP International:
Individual Knowledge and Corporate Entrepreneurship as
Competitive Advantages
Mission to Mars, contd.
Encouraged employees to think innovatively and
establish new business lines and niche focuses
Rewarded employees for creative approaches to
increased productivity
Asked the team to be externally focused at all times
Encouraged employees to take “big-bets” with support
FGP International:
Individual Knowledge and Corporate Entrepreneurship as
Competitive Advantages
Establishment of Core Values
1. Dedicated client focus
2. Possess an entrepreneurial spirit
3. Live with a passion for winning
4. Build authentic relationships
5. Create opportunity and financial wealth
6. Consistently show integrity…to build client trust
 Encourage use of “individual knowledge and corporate
entrepreneurship” as competitive advantages
 “Exceed customer expectations by providing value”
identified as third competitive advantage at FGP
Barriers of Moving Towards a Learning Organization
where Competitive Advantages Thrive
Egos and hierarchy must be laid aside
Size of organization is important
Managers must become dissatisfied with mediocrity
Has to possess organizational buy-in in order to work
Champions must feel supported by management
Shared understanding of change by all parties
Broad consensus amongst all levels
Conclusions
Organizations are well-served by moving towards a
learning organization
Organizations benefit from identifying their competitive
advantages
Deeper research and study should be given to the
empirical data that shows financial gain from corporate
entrepreneurship so that leaders see a $ value to this
engagement
Please email questions to
hsimmon@clemson.edu

More Related Content

What's hot

Research Proposal on Employee Branding
Research Proposal on Employee BrandingResearch Proposal on Employee Branding
Research Proposal on Employee Branding
HR at VASHI ELECTRICALS PVT. LTD.
 
Employer Branding And Employee Retention....Explored
Employer Branding And Employee Retention....ExploredEmployer Branding And Employee Retention....Explored
Employer Branding And Employee Retention....Explored
PrErN@
 
Competitive excellence
Competitive excellenceCompetitive excellence
Competitive excellence
anam_patel
 
Vision Mission Objectives Goals
Vision Mission Objectives Goals Vision Mission Objectives Goals
Vision Mission Objectives Goals
jyothimonc
 
Corporate culture
Corporate cultureCorporate culture
Corporate culture
Mehak Kapoor
 
Unit 1: Developing Strategic Management and leadership skills
Unit 1: Developing Strategic Management and leadership skillsUnit 1: Developing Strategic Management and leadership skills
Unit 1: Developing Strategic Management and leadership skills
UNESCO, Coventry University, Stanfords College
 
Corporate entrepreneurship
Corporate entrepreneurship   Corporate entrepreneurship
Corporate entrepreneurship
Salman Mehmood
 
Assessing the internal environment of the firm
Assessing the internal environment of the firmAssessing the internal environment of the firm
Assessing the internal environment of the firm
MohsinAhmed122
 
Employee Branding
Employee BrandingEmployee Branding
Employee Branding
aqswdw
 
HR Policy Of HUL
HR Policy Of HULHR Policy Of HUL
HR Policy Of HUL
Rahul Jain
 
2014 Employer Branding Global Trends Survey Report by Employer Brand Internat...
2014 Employer Branding Global Trends Survey Report by Employer Brand Internat...2014 Employer Branding Global Trends Survey Report by Employer Brand Internat...
2014 Employer Branding Global Trends Survey Report by Employer Brand Internat...
Brett Minchington MBA: Employer Branding
 
Organization study on monetary and nonmonetary motivation on mc donald's
Organization study on monetary and nonmonetary motivation on mc donald'sOrganization study on monetary and nonmonetary motivation on mc donald's
Organization study on monetary and nonmonetary motivation on mc donald's
Mehul Rasadiya
 
Tescos assignment
Tescos assignmentTescos assignment
Madinah institute Webinar 'The Wisdom Chronicles - Competing to Win' A book...
Madinah institute   Webinar 'The Wisdom Chronicles - Competing to Win' A book...Madinah institute   Webinar 'The Wisdom Chronicles - Competing to Win' A book...
Madinah institute Webinar 'The Wisdom Chronicles - Competing to Win' A book...
Dr. Ted Marra
 
HR Practices Of Logistic Company
HR Practices Of Logistic CompanyHR Practices Of Logistic Company
HR Practices Of Logistic Company
JyotiranjanSahoo30
 
HR practice at FMCG in sector India.
HR practice at FMCG in sector India.HR practice at FMCG in sector India.
HR practice at FMCG in sector India.
Madhav Desai
 
Business transformation - Building the company to Sell
Business transformation - Building the company to SellBusiness transformation - Building the company to Sell
Business transformation - Building the company to Sell
Browne & Mohan
 
Kf talent strategy whitepaper
Kf talent strategy whitepaperKf talent strategy whitepaper
Kf talent strategy whitepaper
Manfred Pan
 
Kelly Services - Building A Strong Employer Brand
Kelly Services - Building A Strong Employer BrandKelly Services - Building A Strong Employer Brand
Kelly Services - Building A Strong Employer Brand
Kylie Perry
 
Managing hr during mergers &; acquisitions
Managing hr during mergers &; acquisitionsManaging hr during mergers &; acquisitions
Managing hr during mergers &; acquisitions
Anushka Kapoor
 

What's hot (20)

Research Proposal on Employee Branding
Research Proposal on Employee BrandingResearch Proposal on Employee Branding
Research Proposal on Employee Branding
 
Employer Branding And Employee Retention....Explored
Employer Branding And Employee Retention....ExploredEmployer Branding And Employee Retention....Explored
Employer Branding And Employee Retention....Explored
 
Competitive excellence
Competitive excellenceCompetitive excellence
Competitive excellence
 
Vision Mission Objectives Goals
Vision Mission Objectives Goals Vision Mission Objectives Goals
Vision Mission Objectives Goals
 
Corporate culture
Corporate cultureCorporate culture
Corporate culture
 
Unit 1: Developing Strategic Management and leadership skills
Unit 1: Developing Strategic Management and leadership skillsUnit 1: Developing Strategic Management and leadership skills
Unit 1: Developing Strategic Management and leadership skills
 
Corporate entrepreneurship
Corporate entrepreneurship   Corporate entrepreneurship
Corporate entrepreneurship
 
Assessing the internal environment of the firm
Assessing the internal environment of the firmAssessing the internal environment of the firm
Assessing the internal environment of the firm
 
Employee Branding
Employee BrandingEmployee Branding
Employee Branding
 
HR Policy Of HUL
HR Policy Of HULHR Policy Of HUL
HR Policy Of HUL
 
2014 Employer Branding Global Trends Survey Report by Employer Brand Internat...
2014 Employer Branding Global Trends Survey Report by Employer Brand Internat...2014 Employer Branding Global Trends Survey Report by Employer Brand Internat...
2014 Employer Branding Global Trends Survey Report by Employer Brand Internat...
 
Organization study on monetary and nonmonetary motivation on mc donald's
Organization study on monetary and nonmonetary motivation on mc donald'sOrganization study on monetary and nonmonetary motivation on mc donald's
Organization study on monetary and nonmonetary motivation on mc donald's
 
Tescos assignment
Tescos assignmentTescos assignment
Tescos assignment
 
Madinah institute Webinar 'The Wisdom Chronicles - Competing to Win' A book...
Madinah institute   Webinar 'The Wisdom Chronicles - Competing to Win' A book...Madinah institute   Webinar 'The Wisdom Chronicles - Competing to Win' A book...
Madinah institute Webinar 'The Wisdom Chronicles - Competing to Win' A book...
 
HR Practices Of Logistic Company
HR Practices Of Logistic CompanyHR Practices Of Logistic Company
HR Practices Of Logistic Company
 
HR practice at FMCG in sector India.
HR practice at FMCG in sector India.HR practice at FMCG in sector India.
HR practice at FMCG in sector India.
 
Business transformation - Building the company to Sell
Business transformation - Building the company to SellBusiness transformation - Building the company to Sell
Business transformation - Building the company to Sell
 
Kf talent strategy whitepaper
Kf talent strategy whitepaperKf talent strategy whitepaper
Kf talent strategy whitepaper
 
Kelly Services - Building A Strong Employer Brand
Kelly Services - Building A Strong Employer BrandKelly Services - Building A Strong Employer Brand
Kelly Services - Building A Strong Employer Brand
 
Managing hr during mergers &; acquisitions
Managing hr during mergers &; acquisitionsManaging hr during mergers &; acquisitions
Managing hr during mergers &; acquisitions
 

Viewers also liked

Navidad
NavidadNavidad
Navidad
teclemayeragz
 
Slides mhrd 830
Slides mhrd 830Slides mhrd 830
Slides mhrd 830
hsjones1
 
การโฆษณา
การโฆษณาการโฆษณา
การโฆษณาNoom Ni
 
4. report
4. report4. report
4. report
Rashidul Hasan
 
Edeusa
EdeusaEdeusa
Edeusa
EdeusaEdeusa
Correlations between clinical and microscopic features of premalignant
Correlations between clinical and microscopic features of premalignantCorrelations between clinical and microscopic features of premalignant
Correlations between clinical and microscopic features of premalignant
a7med2101
 
Pesantren Live Streaming on Youtube
Pesantren Live Streaming on YoutubePesantren Live Streaming on Youtube
Pesantren Live Streaming on Youtube
Imam Suwandi
 

Viewers also liked (8)

Navidad
NavidadNavidad
Navidad
 
Slides mhrd 830
Slides mhrd 830Slides mhrd 830
Slides mhrd 830
 
การโฆษณา
การโฆษณาการโฆษณา
การโฆษณา
 
4. report
4. report4. report
4. report
 
Edeusa
EdeusaEdeusa
Edeusa
 
Edeusa
EdeusaEdeusa
Edeusa
 
Correlations between clinical and microscopic features of premalignant
Correlations between clinical and microscopic features of premalignantCorrelations between clinical and microscopic features of premalignant
Correlations between clinical and microscopic features of premalignant
 
Pesantren Live Streaming on Youtube
Pesantren Live Streaming on YoutubePesantren Live Streaming on Youtube
Pesantren Live Streaming on Youtube
 

Similar to MHRD 830

Why Employee Education Should be a Priority for Every Business Leader.pdf
Why Employee Education Should be a Priority for Every Business Leader.pdfWhy Employee Education Should be a Priority for Every Business Leader.pdf
Why Employee Education Should be a Priority for Every Business Leader.pdf
Mr. Business Magazine
 
The Collaborative Work Environment
The Collaborative Work EnvironmentThe Collaborative Work Environment
The Collaborative Work Environment
Kelly Services
 
9 Steps To A Corporate University
9 Steps To A Corporate University9 Steps To A Corporate University
9 Steps To A Corporate University
Jeffrey Roach
 
Intrapreneurship
IntrapreneurshipIntrapreneurship
Intrapreneurship
Dr. Syed Kashan Ali Shah
 
Km for sm es ptec case study ron young
Km for sm es ptec case study ron youngKm for sm es ptec case study ron young
Km for sm es ptec case study ron young
Ron Young
 
Innovative Hr Practices
Innovative Hr PracticesInnovative Hr Practices
Innovative Hr Practices
Karthik Shakthi
 
Rajiv Sharma Keynote Presentation – Calabar 08-09-2015
Rajiv Sharma Keynote Presentation – Calabar 08-09-2015Rajiv Sharma Keynote Presentation – Calabar 08-09-2015
Rajiv Sharma Keynote Presentation – Calabar 08-09-2015
'Rajiv Sharma ✔
 
Managers, careers, changing enviro
Managers, careers, changing enviroManagers, careers, changing enviro
Managers, careers, changing enviro
E Schiffer
 
Strategic Management Ch14
Strategic Management Ch14Strategic Management Ch14
Strategic Management Ch14
Chuong Nguyen
 
file 1
file 1file 1
file 1
ssdavid2008
 
Distance learning for strategic hr
Distance learning for strategic hrDistance learning for strategic hr
Distance learning for strategic hr
Jeroen De Flander
 
Why is Employee Skill Development Important to the Organization.pdf
Why is Employee Skill Development Important to the Organization.pdfWhy is Employee Skill Development Important to the Organization.pdf
Why is Employee Skill Development Important to the Organization.pdf
Mr. Business Magazine
 
2016 Frontier Group Executive Coaching E-Book Updated
2016 Frontier Group Executive Coaching E-Book  Updated2016 Frontier Group Executive Coaching E-Book  Updated
2016 Frontier Group Executive Coaching E-Book Updated
Patrick Lynch
 
Training and Employee Retention Strategies
Training and  Employee Retention  StrategiesTraining and  Employee Retention  Strategies
Training and Employee Retention Strategies
Laurence Yap M.A. (UM) CHRM
 
Emergingtrends
EmergingtrendsEmergingtrends
Emergingtrends
MAAN AL-ABDULLAH
 
Iia 2009 International Conference Securing Global Talent Mary Anne Burke
Iia 2009 International Conference  Securing Global Talent Mary Anne BurkeIia 2009 International Conference  Securing Global Talent Mary Anne Burke
Iia 2009 International Conference Securing Global Talent Mary Anne Burke
maryanneburke
 
Talent Acquisition Strategy in Supplementary Education Space - A Challenge
Talent Acquisition Strategy in Supplementary Education Space - A ChallengeTalent Acquisition Strategy in Supplementary Education Space - A Challenge
Talent Acquisition Strategy in Supplementary Education Space - A Challenge
senbhaskar
 
Strategic HR Driven Organziation Growth
Strategic HR Driven Organziation Growth Strategic HR Driven Organziation Growth
Strategic HR Driven Organziation Growth
Laurence Yap M.A. (UM) CHRM
 
Students For Life: Why Executives Must Continually Update Their Wisdom
Students For Life: Why Executives Must Continually Update Their WisdomStudents For Life: Why Executives Must Continually Update Their Wisdom
Students For Life: Why Executives Must Continually Update Their Wisdom
Tata Consultancy Services
 
Ch12 Discussion Light
Ch12 Discussion LightCh12 Discussion Light
Ch12 Discussion Light
Avinash Kumar
 

Similar to MHRD 830 (20)

Why Employee Education Should be a Priority for Every Business Leader.pdf
Why Employee Education Should be a Priority for Every Business Leader.pdfWhy Employee Education Should be a Priority for Every Business Leader.pdf
Why Employee Education Should be a Priority for Every Business Leader.pdf
 
The Collaborative Work Environment
The Collaborative Work EnvironmentThe Collaborative Work Environment
The Collaborative Work Environment
 
9 Steps To A Corporate University
9 Steps To A Corporate University9 Steps To A Corporate University
9 Steps To A Corporate University
 
Intrapreneurship
IntrapreneurshipIntrapreneurship
Intrapreneurship
 
Km for sm es ptec case study ron young
Km for sm es ptec case study ron youngKm for sm es ptec case study ron young
Km for sm es ptec case study ron young
 
Innovative Hr Practices
Innovative Hr PracticesInnovative Hr Practices
Innovative Hr Practices
 
Rajiv Sharma Keynote Presentation – Calabar 08-09-2015
Rajiv Sharma Keynote Presentation – Calabar 08-09-2015Rajiv Sharma Keynote Presentation – Calabar 08-09-2015
Rajiv Sharma Keynote Presentation – Calabar 08-09-2015
 
Managers, careers, changing enviro
Managers, careers, changing enviroManagers, careers, changing enviro
Managers, careers, changing enviro
 
Strategic Management Ch14
Strategic Management Ch14Strategic Management Ch14
Strategic Management Ch14
 
file 1
file 1file 1
file 1
 
Distance learning for strategic hr
Distance learning for strategic hrDistance learning for strategic hr
Distance learning for strategic hr
 
Why is Employee Skill Development Important to the Organization.pdf
Why is Employee Skill Development Important to the Organization.pdfWhy is Employee Skill Development Important to the Organization.pdf
Why is Employee Skill Development Important to the Organization.pdf
 
2016 Frontier Group Executive Coaching E-Book Updated
2016 Frontier Group Executive Coaching E-Book  Updated2016 Frontier Group Executive Coaching E-Book  Updated
2016 Frontier Group Executive Coaching E-Book Updated
 
Training and Employee Retention Strategies
Training and  Employee Retention  StrategiesTraining and  Employee Retention  Strategies
Training and Employee Retention Strategies
 
Emergingtrends
EmergingtrendsEmergingtrends
Emergingtrends
 
Iia 2009 International Conference Securing Global Talent Mary Anne Burke
Iia 2009 International Conference  Securing Global Talent Mary Anne BurkeIia 2009 International Conference  Securing Global Talent Mary Anne Burke
Iia 2009 International Conference Securing Global Talent Mary Anne Burke
 
Talent Acquisition Strategy in Supplementary Education Space - A Challenge
Talent Acquisition Strategy in Supplementary Education Space - A ChallengeTalent Acquisition Strategy in Supplementary Education Space - A Challenge
Talent Acquisition Strategy in Supplementary Education Space - A Challenge
 
Strategic HR Driven Organziation Growth
Strategic HR Driven Organziation Growth Strategic HR Driven Organziation Growth
Strategic HR Driven Organziation Growth
 
Students For Life: Why Executives Must Continually Update Their Wisdom
Students For Life: Why Executives Must Continually Update Their WisdomStudents For Life: Why Executives Must Continually Update Their Wisdom
Students For Life: Why Executives Must Continually Update Their Wisdom
 
Ch12 Discussion Light
Ch12 Discussion LightCh12 Discussion Light
Ch12 Discussion Light
 

MHRD 830

  • 1. The Roles of Individual Knowledge and Corporate Entrepreneurship as Competitive Advantages Heather Simmons Jones MHRD 830, Dr. Bronack Fall, 2010
  • 2. Competitive Advantages: Overview Elements of a Learning Organization Rise of Learning Organizations Definition of Individual Knowledge Definition of Corporate Entrepreneurship Case Study-FGP International Barriers for Adoption of the Concepts Conclusions
  • 3. What is a Learning Organization?  An organization that facilitates the learning of all its members and continuously transforms itself –Pedler, Burgoyne, and Boydell  An organization where people continually expand their capacity to create the results they truly desire, where new and expansive patterns of thinking are nurtured, where collective aspiration is set free, and where people are continually learning to learn together-Senge
  • 4. Why a Rise in Popularity?  Competitive Environment The fight for survival amongst competitors to do more with less Rate of Change The ability to adopt new ideas and have the flexibility to make changes quickly Personal Fulfillment The desire to keep employees engaged and fulfilled Demand for Creativity and Innovation The need for new products and services to support an ever- changing world
  • 5. Individual Knowledge: What and Why What: An individual’s intellectual capital Expertise of the individual within the organization Example: Senior-level accountant Why: Maximize the potential of the individuals and the company in order to achieve ever-changing objectives People transfer information more readily “in” than “between” organizations The ability to transfer knowledge across an organization quickly
  • 6. Corporate Entrepreneurship: What and Why What: The process whereby an individual or group of individuals, in association with an existing organization, create a new organization or instigate renewal or innovation within that organization-Sharma A “big-bet” as outlined by Porter Why: Means of accumulating, converting and leveraging resources for competitive purposes Developing and using product, process, and administrative innovations to rejuvenate and redefine the firm and its markets or industries
  • 7. Case Study: FGP International Then Now 1982-Began with Executive Placement in Textiles and Apparel Added Information Technology Only Recruited Senior and Middle Management Dying Industry Sectors Little Diversification in Company Executive Placement in Engineering, Finance, Accounting, HR, Sales, Marketing, Non-profit, and Healthcare Added Temporary Staffing Added Outplacement and Transition Added HR Consulting Well Diversified Company
  • 8. FGP International: Individual Knowledge and Corporate Entrepreneurship as Competitive Advantages Create the combination of culture and climate that maximizes organizational learning on how to create superior customer value in dynamic and turbulent markets-DeGeus and Dickson Mission to Mars Transferred individual knowledge from tenured employees and heard feedback from employees joining the team from other industry sectors Surveyed client needs and received feedback Looked at competition and opportunities for new products and services
  • 9. FGP International: Individual Knowledge and Corporate Entrepreneurship as Competitive Advantages Mission to Mars, contd. Encouraged employees to think innovatively and establish new business lines and niche focuses Rewarded employees for creative approaches to increased productivity Asked the team to be externally focused at all times Encouraged employees to take “big-bets” with support
  • 10. FGP International: Individual Knowledge and Corporate Entrepreneurship as Competitive Advantages Establishment of Core Values 1. Dedicated client focus 2. Possess an entrepreneurial spirit 3. Live with a passion for winning 4. Build authentic relationships 5. Create opportunity and financial wealth 6. Consistently show integrity…to build client trust  Encourage use of “individual knowledge and corporate entrepreneurship” as competitive advantages  “Exceed customer expectations by providing value” identified as third competitive advantage at FGP
  • 11. Barriers of Moving Towards a Learning Organization where Competitive Advantages Thrive Egos and hierarchy must be laid aside Size of organization is important Managers must become dissatisfied with mediocrity Has to possess organizational buy-in in order to work Champions must feel supported by management Shared understanding of change by all parties Broad consensus amongst all levels
  • 12. Conclusions Organizations are well-served by moving towards a learning organization Organizations benefit from identifying their competitive advantages Deeper research and study should be given to the empirical data that shows financial gain from corporate entrepreneurship so that leaders see a $ value to this engagement
  • 13. Please email questions to hsimmon@clemson.edu