Columnists

Generational Attitudes and Behaviour

It can be clearly seen that generational attitudes have influence upon thinking and behavior. A generation can be considered a segment of the population who have shared experiences and have a sense of history that influences their thinking and behavior today. In Western countries like the United States and Canada in North America, most countries in Western Europe, Australia and ...

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Groupthink may still be a hazard to your organization

The groupthink hypothesis provides us with a mode of understanding how groups perceive opportunity, how exploitation decisions are made, how strategy paths are chosen, and what biases and distortions of reality exist. The term groupthink was first used by Irving Janis in 1972 to refer to the phenomena of a group coming to a consensus without critically analyzing all the ...

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Entrepreneurship is just a stage in the enterprise lifecycle

Most new businesses commence with someone seeing an opportunity and developing the resulting idea into a visualized product, service, or event in the future. This is the result of perception, an interpretation, combining perceptions and interpretations with prior knowledge into an idea, and the development of the motivation to take action upon that idea. In most cases the idea does ...

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There is no such person as an entrepreneur, just a person who acts entrepreneurially

Finding common characteristics shared by all entrepreneurs has been an elusive task. Back in the 1960s researchers have tried to link entrepreneurs to psychological traits and characteristics with the hope that questions like ‘why do some people see opportunity, when others do not?’,’is there any difference between people who are entrepreneurs and non-entrepreneurs?’, and ‘can a psychological profile be developed ...

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