Whilst we often consider entrepreneurship to be associated predominantly with new start-ups, larger firms - in order to compete effectively in fast-changing global markets - are adopting more innovative and enterprising approaches to management within their organisations. One of these approaches is the development of entrepreneurship within a corporate environment (or intrapreneurship). Research has shown that intrapreneurship is not easy, and there are considerable differences between an intrapreneurial and a traditional corporate culture, with the latter having an emphasis on a culture and reward system that tends to favour caution in decision-making. For example, large businesses rarely operate on a "gut-feeling" for the market-place, as many entrepreneurs do. Instead, large amounts of data are gathered before any major business decision is made, not only for use in rational business decisions, but also for use as justification if the decision does not produce optimu
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We have a castrated executive
They themselves are castrated by Thatcherite legislation that Labour has never fully repealed, yet they have never mounted a fundamental challenge to this.
Much like the the Labour Party they still finance, the unions are just out for themselves. They're a total waste of time.
It's the uncertainty that scares me and with respect to all pundits including yourself Dylan, there are no answers to deal with the present. I only wish that there were, as I have just been phoning to see if one of my best mates has lost his job in Bosch.
Draig - you may be right about the unions but I couldn't possibly comment!
Ian - I remain a half full pint person and cannot believe that we are unable to deal with this.
I still believe the best way to deal with any potential future closures is to have a dialogue with ALL major employers before the decision is made to close.
I have been making this point for the last two years (see article on Hoover below) but it is still isn't happening.
This may not save all jobs but at least it may enable some of the companies to reconsider their decision, especially if European funds could be used to support training and capital investment.
Indeed, I am working on such a proposition for Saturday's Western Mail article.
We have to try everything we can because if we do not, we might as well not have any devolution for Wales.