Managing entrepreneurs within organizations

It is suggested that entrepreneurs have characteristics and preferences which distinguish them from the typical corporate employee. Sometimes these individuals leave organizations to start new companies, and sometimes economic conditions force them to hold corporate positions. If these people are appropriately placed and effectively managed, they can be very valuable to the organization. However, if placed in positions which do not allow expression of their unique characteristics, they are likely to become demotivated and unproductive. It is argued that entrepreneurs within organizations may be motivated by different factors, with emphasis and outcomes probably different from those of the typical employee. It is concluded that to motivate individuals effectively to accomplish corporate goals, the corporate reward system should be flexible enough to meet individual needs.<>