Entrepreneurial articles - Hayton & Kelley: A competency-based framework for promoting corporate entrepreneurship

12 important questions on Entrepreneurial articles - Hayton & Kelley: A competency-based framework for promoting corporate entrepreneurship

What is the core of the article of H&K?

A competency framework for supporting corporate entrepreneurship and infer the underlying, measurable knowledge, skills, and abalities that contribute to these competencies.

H&K propose that a competency-based approach is superior to more traditional job analysis methods, such as tasks/worker/behavior analysis. Whats the key feature that the competency-based approach fundamentally differentiates from traditional methods?

For analyzing human capital requirements of organizations, the competence-based approach describes the effective incumbents (or desired characteristics) in broader terms (competencies) that themselves represent aggregates of individual knowledge, skills, and personality characteristics. The competency approach is facilitating a broad application of the same model throughout an organization.

Name the 3 benefits of the aggregated term 'competences'? (H&K)

1 Competencies as aggregated of specific knowledge/skills/personality characteristics provide useful summaries for a potentially large and diverse set of characteristics.
2 Tradional forms of analysis where always based in a given job context, the competency-based approach is more broadly linked to the organizational context
3 The competency approach is that it can be expected to result in a better match in terms of person-organization fit than more traditional models
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What are the 3 advantages of the competences approach (H&K)?

1 The breadth and flexibility built into this approach are consistent with the need for strategic flexibility (also for organizations in dynamic environments)
2 At the individual level, the task variety and autonomy that result from designing work around competencies provides support for more enriched and satisfying work > increases intrinsic motivation
3 The inherently open-ended nature of competency frameworks increases the discretionary and self-managing nature of work

What is the innovating competence of H&K?

The innovation role involves opportunity recognition, defined as having the creative insight about particular knowledge and information combinations and what they can mean for users - and the company seeking to serve these customers.

What is the brokering competence of H&K?

The primary role of the broker is to access new sources of information and knowledge, transferring this knowledge and combining different sources (existing and new). This is similar to the process described as knowledge brokering.

What is the Championing competence of H&K?

Champions identify with the project, and not only take responsibility for its success, but the success also often depend on champions. Champions inspire, enthuse (enthousiasmeren) others, show confidence, and gain commitment of others to support the innovation.

What is the sponsoring competence of H&K?

Sponsors help entrepreneurs gain access to the resources they need for their ventures. They ensure there is legitimacy and support for the project. They also provide advice and guidance to the venture on how to best proceed.

Which 3 personality characteristics are important for corporate entrepreneurship (H&K)?

1 Analogical reasoning capability + the ability to link knowledge from one problem domain to be solved in a distinct domain
2 Confidence and credibility, and ability to build social capital (necessary for new ideas)
3 Curiosity, creativity, and intrinsic motivation

What does the framework of entrepreneurial competencies of H&K do?

The framework identifies competent behavior as resulting from a combination of specific personality characteristics and skills. In addition to knowledge, these should be considered as important elements in the staffing decision.

H&K made an competence-based framework to promote corporate entrepreneurship, from a HRM perspective (individual characteristics and capabilities). What is changed in this framework?

The task- and worker-based approach is replaced by the competence-based approach = better for corporate entrepreneurship.

There are 4 roles of entrepreneurial competencies: innovating, brokering, championing, sponsoring. Which 2 moderators have impact on these roles?

Supportive culture and organic organizational structure.

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