Entrepreneurship into organizational strategy

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The president of your company has recently announced the need for a greater effort to incorporate innovation and entrepreneurship into organizational strategy, and has asked you to list the requirements necessary for this to happen. You list the following requirements:

• Ongoing environmental monitoring

• An entrepreneurial climate

• Encouragement of entrepreneurial behavior

• A strong customer/stakeholder focus

Explain in detail why each of these is important along with your plan for achieving them.

Reference no: EM131480792

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