Critically evaluate various conceptualisations of entrepreneurship and demonstrate an awareness of the ideological nature of entrepreneurship

Kets de Vries and Manfred (1985) state: “For some entrepreneurs … the high degree of energy necessary to achieve a dream has desires and needs behind it that if let loose can wreak havoc in an organization.”
All people have strengths and weaknesses. The strength of an entrepreneur is to be able to create new and successful businesses. This is celebrated by the business community and encouraged by politicians because, among other things, it helps grow the economy and reduces the social costs of unemployment.
The weaknesses of an entrepreneur may go un-noticed by many, but can be all to evident to those on the receiving end of their fury or sharp business practice. The infamous rage of Steve Jobs in pursuit of perfection built one of the largest companies in the world by creating some of the most desirable and most popular consumer products ever seen.

Attachments:

School of Business and Management

 

MD4044 2019-20

Entrepreneurship Theory & Practice

 

Assignment 2 of 2:             Individual Report

Weighting for module:      50%

Submission deadline:      Monday 15th June 2020 at 23.59pm

Submission method:         Word document via Turnitin, on Blackboard

Format:                                 1 x 2,000 word Individual Report

Marking:                                Anonymous, unless there is a sound pedagogical reason

Grades:                                 Grade bands (see Bb): pass = 50% and above

Research:                             Use at least 10 academic sources

Referencing:                        LBS Guide to Harvard (see Bb)

 

The saying goes: “You can’t make an omelette without breaking eggs.”  

Kets de Vries and Manfred (1985) state: “For some entrepreneurs … the high degree of energy necessary to achieve a dream has desires and needs behind it that if let loose can wreak havoc in an organization.”

All people have strengths and weaknesses. The strength of an entrepreneur is to be able to create new and successful businesses. This is celebrated by the business community and encouraged by politicians because, among other things, it helps grow the economy and reduces the social costs of unemployment.

The weaknesses of an entrepreneur may go un-noticed by many, but can be all to evident to those on the receiving end of their fury or sharp business practice. The infamous rage of Steve Jobs in pursuit of perfection built one of the largest companies in the world by creating some of the most desirable and most popular consumer products ever seen.

So can you make an omelette without breaking eggs? Is the downside of difficult behaviour or shady business dealings an acceptable trade-off for the success and wealth that entrepreneurs create?

Critically discuss this question. Make specific reference to the activities of two well-known entrepreneurs to help illustrate your position.

 

Learning outcomes being assessed in this report and reflection

On successful completion of this module a student will be able to:

  1. Critically evaluate various conceptualisations of entrepreneurship and demonstrate an awareness of the ideological nature of entrepreneurship

 

Reference

Kets de Vries, Manfred F. R (1985). The Dark Side of Entrepreneurship, Harvard Business Review, Nov/Dec 1985, Vol.63(6), p.160