Entrepreneurial Management A Literature Review

Entrepreneurial management is a mode of management that is proactive, opportunity driven, and action oriented. Entrepreneurial management style is evidenced by the firm's strategic decisions and operating management philosophies. There is a significant difference between entrepreneurial management and traditional management. Entrepreneurial firms are those where upper management possesses an entrepreneurial management style. A style, which originates from the firms' strategic decisions and operating management philosophies. Entrepreneurial managerial behaviour promotes a culture of creativity and risk taking, creates flat informal structures, and promotes strategy so as to take advantage of the opportunities that are identified. Traditional managerial behaviour on the other hand emphasizes planning, control, monitoring, evaluation, and formalized organizational structures. The purpose of this paper is to conceptually examine entrepreneurial management as an emerging construct in management. Adim, Chidiebere Victor | Mezeh, Akpobolokami Andy "Entrepreneurial Management: A Literature Review" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-3 , April 2022, URL: https://www.ijtsrd.com/papers/ijtsrd49607.pdf Paper URL: https://www.ijtsrd.com/management/other/49607/entrepreneurial-management-a-literature-review/adim-chidiebere-victor