Entrepreneurial Diary – Week 2 – Opportunity Theory in Practice

Entrepreneurial theory in practice: Opprtunity Theory. How do you identify new entrepreneurial opportunities? Lumpkin. Groupthink.


Stakeholder theory

The theory behind stakeholder management. Who are stakeholders? What’s the difference between stakeholders and shareholders for businesses and organisations? All organisations need to be concerned about stakeholder relationships, whether private businesses, public sector organisations or third sector charities, stakeholder theory unites all. Milton Friedman, Edward Freeman, Starik, Drucker


Theory behind motivation to and how to create a the environment and conditions to motivate teams and staff to deliver their best. Maslow’s Heirarchy of Needs, Aldelfer’s ERG Needs, Herzberg’s Dual Factor Theory