Mintzberg's Entrepreneurial School of Strategic Development

Henry Mintzberg's entrepreneurial school of strategy emphasizes the founder's vision as the core of strategic development. This approach is flexible, allowing adaptation to changing environments while maintaining the leader's vision. It is often seen in startups where the founder's intuition and experience shape the strategy. The strategy is a framework that guides execution, which is adaptable to environmental demands. The entrepreneurial school aligns with differentiation strategies, leveraging unique characteristics derived from the leader's vision.

What is the primary focus of the entrepreneurial school of strategy?

• Employee-driven innovation

• The role of external consultants in strategy formation

• The founder's vision and personal attributes

• Market analysis and competitive positioning

How does the entrepreneurial strategy adapt to changing environments?

• Through a flexible framework that allows for adjustments

• By outsourcing strategic decisions

• By sticking rigidly to the original plan

• By frequently changing the leader's vision

In the entrepreneurial school, who is primarily responsible for executing the strategy?

• The founder alone

• The marketing team

• External consultants

• Members of the organization

What approach does the entrepreneurial school often align with?

• Mass production

• Standardization

• Differentiation or specialization

• Cost leadership

What unique aspect helps differentiate an organization in the entrepreneurial school?

• The leader's vision

• The company's size

• The number of employees

• The location of the headquarters