Corporate Entrepreneurship As a Strategic Option for Firms Research Paper

Corporate Entrepreneurship As a Strategic Option for Firms - Research Paper Example This research will begin with the statement that survival of companies remains largely reliant on its ability to react to market forces immediately or have the resources, reach and net to capture markets that were not primarily considered at the onset of its existence. In any industry, correct timing in reacting to market forces has always been a source of debate. It is a variable that is almost impossible to predict even with empirical data on hand. Thus the next best thing is to make sure that the company’s market presence has a wider reach and has an inventory that can satisfy the demand of the market at any time. However, this proposition is expensive without any value added opportunity opening for the company. On the other hand, competition will most likely remain as a factor or a constant reminder to drive quality and excellence in customer service. However, competition also has the ability to expand its market reach and compete head to head with any branch of the compan y. Market leadership can only be gained if the following are implemented in sequence: operational streamlining and implementation of control to have a strong corporate governance structure. But, these too can be implemented by any competitor. Ergo, all else being equal, the only remaining factor that will enable companies to gain a competitive edge over their rivals are its employees. Promoting a culture of corporate entrepreneurship is a formula that has been percolating in the minds of Covin and Miles as a strategic option for companies to gain competitive advantage over their rivals. This paper, in essence, will show how corporate entrepreneurship as a strategy will capitalize on the untapped natural innovation and creativity of its employees as they perform their daily functions. However, once the gates are open the flow of ideas from employees will be unrestricted. This paper shall propose strategies on how to reign in the creativity and direct them to directions that are juxta posed to the company’s goal.

Humanists and Reformers Essay Example | Topics and Well Written Essays - 500 words

Humanists and Reformers - Essay Example Another similarity that emerged out of the writings of these four authors is their consideration paid to the importance of early biblical scripts. It has been found that both humanists and reformists used earlier Greek and Latin bibles as a source of understating the early doctrines of Jesus Christ and attempted to promulgate the teachings of earlier scripts along with special attention paid to removal of unjust acts and corrupt people from higher clergy of Christianity. Another striking similarity is their attempt of investigating the core meanings of earlier biblical scripts and their reference to the practices of 16th century instead of simply bringing a reform by questioning church’s authority. Other attributes such as references to practices of early church, criticism on scholastic theological approach and problems in church i.e. simony, pluralism, favoritism and illiteracy in clergymen, also show further similarities (â€Å"The Reformations† 4). Reformism has been considered as an ultimate outcome of humanism due these resemblances (Patrick n.d). Where humanists like Erasmus and More are accused of laying down the foundation of Protestantism, both sects are often found criticizing each other due to some major differences. Erasmus’s and More’s writings have been found more convincing for the elite class with an understanding of Latin. On the other hand, reformists like Luther and Calvin addressed the concerns of every social class when it came to church and its way of functioning as a nucleus of society i.e. authority of religion and society’s civil law. Humanists also showed their adherence to the higher offices of church and did not question the authority of pope as the leader of the church and its proceedings whereas reformers considered only faith as a source of acquiring salvation by following bible. In extension to that,