“Most of what we call management consists of making it difficult for people to get their work done,” said Peter Drucker.
Entrepreneurship and management are two distinct concepts, each with its unique characteristics and roles.
However, in the dynamic and ever-evolving landscape of business, the lines between these two spheres are becoming increasingly blurred. This prompts an intriguing question: Can entrepreneurship be considered a form of management?
The Entrepreneurial Spirit
Entrepreneurship is often associated with the spirit of innovation, risk-taking, and the creation of new ventures. Entrepreneurs are individuals who identify opportunities, take calculated risks, and turn ideas into profitable businesses. They are known for their ability to think outside the box, challenge the status quo, and introduce disruptive solutions to existing problems.
The Essence of Management
On the other hand, management primarily involves the organisation, coordination, and optimisation of resources within an established structure or organisation. Managers are responsible for ensuring that business operations run smoothly, goals are met, and the workforce operates efficiently. Management is often…
