University of Minnesota - UMN Executive Leadership Insights
Can Large Organizations Be Entrepreneurial?
Video

Can Large Organizations Be Entrepreneurial?

with Gary Hamel

Gary Hamel
Global Peter Drucker Forum, 2016
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Editorial Rating

8

Qualities

  • Comprehensive
  • Applicable
  • Well Structured

Recommendation

Management guru Gary Hamel energetically, emphatically affirms that large companies can be entrepreneurial and, in fact, have a moral imperative to banish bureaucracy. Yet the process must be collaborative and social, says Hamel, not a top-down decree. getAbstract recommends this multifaceted, knowledgable talk to those interested in innovation, organizational structure or change.

Summary

Within business, two approaches to creating value are clashing: Entrepreneurship is at odds with bureaucracy. Successes like Uber and Airbnb make it seem that entrepreneurship is winning, but the facts say otherwise. Often, entrepreneurship and bureaucracy can be “symbiotic.” For instance, start-ups need bureaucratic systems to produce good products efficiently. Yet as businesses grow, they may lose their spark. Thus, companies that were once “creative destroyers” stagnate, and new innovators replace them. Some people think that ambitious start-ups “cull” the slowest, weakest organizations from the market. Instead, when innovation threatens large, slow companies, they respond by teaming up with other stagnant firms...

About the Speaker

Gary Hamel co-founded the consulting firm Strategos and wrote What Matters Now and other books.

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