Wharton’s Newsletter on Vipin Gupta and Ian C. MacMillan’s paper on Entrepreneurial Leadership:
The entrepreneurial leader must perform two functions: First is “transformational enactment,” or envisioning possible outcomes in the face of uncertainty. Second is “cast enactment,” or motivating a group of people to help create new business models that reduce the uncertainty. Transformational enactment consists of three tasks:
- Absorb uncertainty: Shoulder the burden of responsibility for the uncertain outcome of a new project. As MacMillan explains, “It’s saying to your people, ‘If I’m wrong, it’s my problem, not yours. Therefore you can behave as if the world is going to be the way I have set it up.'”
- Frame the challenge: Set forth a project that pushes employees up to, but not beyond, the limits of their ability.
- Underwriting / path clearing: Create a conducive environment for the entrepreneurial transformation, negotiating support from key stakeholders inside and outside the firm.
Kevin Werbach (Release 1.0) on Weblogs, an interesting new publishing format
(http://release1.edventure.com):
In the beginning, there were the voices: people expressing themselves, communicating with one another, offering their perspectives on the world and sharing their passions. By lowering the barriers to publishing, the Web can make those voices, whether representing individuals or their organizations, more powerful than ever before. But that requires the right tools, metaphors and platforms. Through a gradual process of evolution and technology development, the voices have finally found a native online form through which to express themselves: a new kind of Website known as the Weblog.
A Weblog (also known as a blog) is a personal Website that offers frequently updated observations, news headlines, commentary, recommended links and/or diary entries, generally organized chronologically. They vary greatly in style and content… Weblogs are mechanisms for people to share their lives and their interests with a global audience, to build communities or to create targeted information resources. Some things have changed, though. E-zines are typically static or are updated monthly. Weblogs are inherently dynamic, with new content added whenever the author has something to sayin many cases daily or several times a day.
An example of a Weblog is Dave Winer’s website
at http://www.scripting.com.
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