1-1 Discussion: Entrepreneurs or Intrapreneurs as Change Agents Please response

1-1 Discussion: Entrepreneurs or Intrapreneurs as Change Agents
Please response to main post and two student post.
First, introduce yourself to the class. Include your major and anything you would like to share about yourself. Then address the prompt below.
Next, using your learning from MBA 515 and MBA 550, outline your views on the importance of new ideas and concepts by explaining how you will incorporate entrepreneurship or intrapreneurship into your business implementation plan. Then explain and justify how your own concept or idea fits within the context of entrepreneurship or intrapreneurship to create change.
In response to your peers, critique their justifications of how their concept or idea fits within the context of entrepreneurship or intrapreneurship to create change. Ask probing questions to challenge your peers to deepen their analysis and justification of their own ideas.
Please note: Throughout this capstone you will draw from many of your previous courses, including assignments and artifacts. You will continue to build upon these projects and ideas throughout the capstone. This is an essential part of your academic career, so it is important to avoid plagiarism, specifically self-plagiarism. Please review the Academic Honesty and Plagiarism Library Guide as well as the article What Is Considered Plagiarism And How to Avoid It for more information on the proper steps to take for citation.
Southern New Hampshire University requires all students to adhere to high standards of integrity in their academic work. Activities such as plagiarism and cheating are not condoned by the university. Review the full Academic Honesty Policy for more information
All discussion posts will be graded using the Capstone Discussion Rubric.
MBA 515—— Bus Env, Innovation & Entrepreneur
This course focuses on the basics of business by introducing students to business environments in which they focus on the big picture, identify internal and external opportunities for growth, and manage resources. The course will also present students with management techniques to help them stay current and apply creative solutions to problems. Students will be introduced to the programmatic themes of globalization, leadership, team work, and ethics.
MBA 550—— Leading in an Organization
The course focuses on personnel management at all levels: individual, team, and internal and external networks. With an emphasis on interpersonal skills, as well as strength-finders, students will learn essential concepts in conflict management, negotiations, and development of creative culture. Students will also learn how to establish productive relationships, motivate people, align teams and individuals to a vision, and drive change.
Utilized the below for : First, introducing yourself to the class. Include your major and anything you would like to share about yourself.
My name is Jane Doe, and I am a 38-year-old mother of two beautiful girls and a newborn baby boy now. I currently reside in New York City. I am in the last semester at Southern New Hampshire University in the MBA program. I graduated with my bachelor’s in business administration from Purdue University. I am a Healthcare worker and working in healthcare for 21 years. I started front desk. Little by little, I climb up the ladder. I would have to say I have learned so much but 2020 was a roller coaster of a year. I am truly proud of my team, we worked 7 days a week, made sure our family were ok and I worked hard to continue my education to finally this term taking my masters to finally graduate MBA Business Management with a concentration in leadership. I would love to one day become a CEO or even own my own business. Covid-19 has dramatically changed our lives with less social connection. I love cleaning, cooking, decorating, and vacationing, but I love my kids most of all.
Student # 1—-Hello classmates,
My name is David P. and I reside in Northeastern PA. I am married with four children ages 11, 9, 6, and 4. This course represents the culmination of my journey to obtain an MBA in Operations and Supply Chain Management. My career started in 1989 developing vaccines for the U.S. Army (USAMRIID Medical Command at Ft. Detrick, MD) and spans over 32 years in the field of vaccinology. Today I work for a top ten global pharmaceutical company where I have enjoyed positions across the entire vaccine value chain from Discovery to R&D to Clinical GMP Manufacturing to Clinical Trial Support and Operations to Licensure. For over 13 years I have worked as a global supply chain project manager for the Clinical Supply Chain group with the responsibility of developing/executing supply and distribution master strategies in support of our global vaccine clinical trials. The COVID pandemic has created a unique opportunity for me where since March 2020 I been assigned as the Global Clinical Supply Chain Director for our COVID vaccine program. As one can imagine this assignment demands operating on a 24/7 timeline in the effort to provide a vaccine to combat the pandemic.
Throughout this MBA program I have proposed a novel business concept which is a fully validated mobile formulation and filling facility (MFF) which can be delivered to the client for a defined period of usage. Catalent was chosen as the sponsor company for this novel idea as they are a leader in the contract manufacturing organization (CMO) market domain with a dominant presence in the clinical services arena through existing manufacturing capacity and an aggressive acquisition strategy (United States Pharmaceutical Contract Manufacturing, 2021 and Catalent, 2021). I have opined many times throughout this program that the driver for this novel program is the dearth of available clinical formulation and filling capacity at many pharmaceutical companies as they must first dedicate their fixed assets to support commercial operations. It can be argued that there is available capacity within existing CMOs, however this capacity is subject to availability and as such must be considered rigid. It is no different from reserving a seat on a flight and deciding at the last minute to change the reservation. The availability of a new seat is contingent on the remaining capacity of the airline. I have experienced this situation personally on many occasions and I can attest to the negative impact it imparts on the advancement of the clinical vaccine program. Therefore, the goal of the MFF is to create a paradigm shift in how pharmaceutical companies view clinical manufacturing.
How can such a pharmaceutical manufacturing revolution be realized? Or better yet who is best positioned to drive such a revolution to a successful conclusion? An intrapreneur is a relatively new twist on the entrepreneurial spirit that is becoming more rooted in businesses today but not without a struggle. That is because the intrapreneur is considered a rebel from within who spends time and effort working to break through the internal inertia and bureaucracy that is the milieu of most companies to do something new and different (Corbett, 2018). In one sense the intrapreneur is an entrepreneur “trapped” inside the corporate structure of a business and instead of doing what the management wants, they are telling the management what they want to do. It is risk taking to a high degree because if the energy and drive of the intrapreneur is not well received by management the intrapreneur may find themselves relieved of their employment bonds.
I submit the concept of the MFF can only be driven via the intrapreneurial spirit and cannot be fully realized exclusively by an entrepreneur who most decidedly will lack the expertise and most definitely the financial wherewithal to fully drive the MFF to realization. The complexity of the engineering, validation, and regulatory expectations required for success of the MFF, which I may add are imposed on the pharmaceutical industry via government regulations and must be respected, create a significant barrier to entry for the entrepreneur. The intrapreneurial talent of the scientists/engineers at Catalent would be the catalyst for the MFF and when coupled with the strength of Catalent’s infrastructure (financial, project management, transversal skillsets, etc.) that is 100% committed to the project’s schedule, will create the milieu for success. Once completed, the MFF will become a force multiplier for pharmaceutical companies where they will no longer have to force-fit their development timelines to the availability of manufacturing capacity (internally or externally) or embark on significant CAPEX projects to increase internal manufacturing capacity. The introduction of the MFF will spark a revolutionary change for clinical manufacturing and set a new standard for other CMOs to follow.
I welcome your thoughts, ideas, and questions.
Thanks
David
References:
Catalent 2020 Annual Report (2021). Catalent. Retrieved from https://s23.q4cdn.com/220277989/files/doc_financials/2020/ar/2020-Catalent-Annual-Report-(18Sep2020)(final).pdf
Corbett, A. (2018). The Myth of the Intrapreneur. Harvard Business Review. Retrieved from
https://hbr.org/2018/06/the-myth-of-the-intrapreneur
United States Pharmaceutical Contract Marketing Organization (CMO) Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026) (2021). Mordor Intelligence. https://www.mordorintelligence.com/industry-reports/united-states-pharmaceutical-contract-manufacturing-organization-market
Student #2-Hello everyone. My name is Jodie Gonzalez and I live in Southwest New Hampshire with my husband, two youngest girls 15 and 13, our one-year-old golden retriever Finn, and two-house bunnies Nala and Lola. We also have two older children, our 27-year-old daughter and 25-year-old son, who also finished their educational journey with SNHU. Like many of you this is my final class to earn my MBA with a concentration in leadership. I received my bachelor’s degree from SNHU in 2019 and decided I wanted to continue my education further. I have learned so much knowledge in this program and have had the opportunity to apply some of it within my current role. I am excited to see what the future will bring. Good luck to everyone as we work towards the finish line.
New ideas and concepts are crucial to the continued innovation of products and services. For organizations to remain competitive and maintain or gain market leadership, they need to develop and incorporate new technologies into their business plans. My business plan addresses the need within the technology market for more advanced and efficient software licensing management. The idea will focus on intrapreneurship and expanding my existing firm’s offerings around software licensing services and support. My role within my company’s licensing segment has provided me with insight into our customer’s needs around less complicated administration and management of their software licensing environment. Although the organization currently sells several licensing manufactures such as Microsoft, Adobe, Symantec, and VMware, it does not provide a comprehensive management solution or support to help lessen the complexity of those environments for our customer’s (Connection, 2022). The intrapreneurial vision is to utilize current internal resources and licensing expertise to design a licensing portal that allows customers to manage all of their licensing subscriptions effectively and efficiently from one location. The development of this portal supports current organizational strategies that include increasing service offerings, creating differentiation by producing innovative technologies to our customers, and increasing profitability and customer loyalty (Connection, 2022).
References
Connection – Business Technology Products, services … https://www.connection.com/content/about#:~:text=Our%20Vision,is%20encapsulated%20in%20our%20Vision%3A&text=At%20Connection%2C%20we’ve%20got%20your%20back. (2022). Retrieved January 3, 2022, from https://www.connection.com/
Connection – Business Technology Products, services … https://www.connection.com/IPA/PM/Solutions/Licensing/PCCB2B/Default?cm_sp=MegaMenu-_-Products-_-Software-SoftwareLicensing. (2022). Retrieved January 3, 2022, from https://www.connection.com/
Sample post from another student regarding my same business: please view but do not copy of duplicate could rewrite in other words and utilized same references.
The business I choose to work on Walmart Co. Walmart is an American multinational company that operates a chain of hypermarkets, discount department stores, and groceries. The company is worth $386.3 billion, entitled to positive growth after every financial year (“Statista,” 2020). In spite of very competitive industry the establishment of many such stores, Walmart has successfully won the right approach. It has established retail stores that have sustain customers across the globe. Intrapreneurial and entrepreneurial opportunities is the new topic of discussion in corporations. Intrapreneurially is the career development where employees are hired to carry out a specific task or development. On the other hand, Entrepreneurial is the opportunities in a corporate environment that are often defined as situations when products and services are sold at a higher price than the cost of production.
I would have to say that my leadership skills have been put to the test on many occasions, but I have been able to tackle problems and this has distinguished me from other employees. For example there was a dispute on the delegation of assignments between two employees. As a leader, I had to calm them down, listen to their concerns, and address them with great impartiality. In many instances my combination of skills has eased my work in being able to foster a team spirit and tackle issues towards the overall achievement of the organization’s mission and visions.
Reference:
Credoz, J. (2016). Explore, expand, extend 3 steps to overcome cultural barriers and succeed in internationalizing a venture (Doctoral dissertation, Massachusetts Institute of Technology).
Kim, D. J., Ferrin, D. L., & Rao, H. R. (2008). A trust-based consumer decision-making model in electronic commerce: The role of trust, perceived risk, and antecedents. Decision support systems, 44(2), 544-564.
Walmart: brand value worldwide 2020 | Statista. (2020). Retrieved 2 June 2020, from https://www.statista.com/statistics/980007/brand-value-of-walmart-worldwide/
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