MANAGERIAL VERSUS ENTREPRENEURIAL DECISION MAKINGThe difference between the entrepreneurial and managerial styles involves five businessdimensions.Strategic OrientationThe entrepreneur’s strategic orientation depends on his or her perception of the opportunity. Thisorientation is most important when other opportunities have diminishing returns accompanied byrapid changes in technology, consumer economies, social values or political rules. When the useof planning systems is the strategic orientation, there is more pressure for the administrativedomain to be operant.Commitment to OpportunityThe entrepreneurial domainis pressured by the need for action and has a short time span interms of opportunity commitment. The administrative domain (the ways mangers makedecisions) is not only slow to act on an opportunity, but the commitment is usually for a longertime span.Commitment of ResourcesAn entrepreneur is used to having resources committed at periodic intervals, often based oncertain tasks or objectives being reached. In acquiring these resources the entrepreneur is forcedto achieve significant milestones using very few resources. In the administrative domain, thecommitment of resources is for the total amount needed. Administrative-oriented individualsreceive personal rewards by effectively administering the resources under their control.Control of ResourcesThe administrator is rewarded by effective resource administration and has a drive to own oraccumulate as many resources as possible. The entrepreneur, under pressure of limited resources,strives to rent resources on an as-needed basis.Managerial StructureIn the administrative domain, the organizational structure is formalized andhierarchical in nature. The entrepreneur employs a flat organizational structure withinformal networks.CAUSES FOR RECENT INTEREST IN INTRAPRENEURSHIPInterest in intrapreneurship has resulted from events occurring on social, cultural, and businesslevels.There is an increasing interest in doing your own thing. Individuals frequently desire to createsomething of their own. They want responsibility and want more freedom in their organizations.Frustration can develop and result in the employee becoming less productive or leaving theorganization. This has recently caused more discontent in structured organizations. Whenmeaning is not provided within the organization, individuals often search for an institution, suchas entrepreneurship, that will provide it.Intrapreneurship is one method for stimulating and capitalizing on those who think thatsomething can be done differently and better, such as Xerox Corporation.