Entrepreneurial Management

Entrepreneurial management refers to the approach business leaders use to nurture innovation and manage risk while running an organization. It combines traditional management principles with an entrepreneurial mindset, focusing on identifying opportunities, creating value, and adapting to changes in the market. This involves encouraging creativity among team members, making strategic decisions to seize new opportunities, and being agile in response to challenges. Essentially, it’s about balancing the structured organization of a business with the flexible thinking of an entrepreneur to drive growth and success.