Abstract
There can be little doubt both from the prior research cited and the cornpanies highlighted in this book that the business case can be made for a paradigm shift from the conventional hierarchical command and control business model to shared entrepreneurship (SE). By one estimate based on research, companies that practice SE have the potential to be 50 percent more profitable and have a market capitalization value 50 percent greater than those that do not.1 In addition, the preponderance of evidence suggests that such firms are more profitable, and do not drop as far in a recession and recover faster and stronger than their competitors. For example, Herman Miller increased its market value 115 percent between 2008 and 2012 and its percentage of industry capitalization from 8.88 percent to 18.87 percent, a 106 percent increase. In other words, not only did Herman Miller’s market value increase over 100 percent, but its relative strength in the industry increased over 100 percent too.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Similar content being viewed by others
Notes
Carey, R. 2004. Democratic capitalism: The way to a world of peace and plenty. Bloomington, IN: AuthorHouse.
Herzberg, F. 1976. The managerial choice: To be efficient and to be human. Homewood, IL: Dow Jones-Irwin.
Clark, K. E., & Clark, M. E. 1993. Choosing to lead. Greensboro, NC: Center for Creative Leadership.
Shipper, F., & Manz, C. C. 1996. W.L. Gore & Associates, Inc.: A case study— 1993. In Thompson, Jr., A. A., & Strickland, A. J. Strategic management: Concepts and cases (9th edn) (pp. 917–931). Homewood, IL: Irwin.
Dionne, S. D., Yammarino, F. J., Atwater, L. E., & James, L. R. 2001. Neutralizing substitutes for leadership theory: Leadership effects and common-source bias. Journal of Applied Psychology, 87(3): 454–464.
Yukl, G. 2002. Leadership in organizations. Upper Saddle River, NJ: Prentice-Hall.
Argyris, C. 1964. Integrating the individual and the organization. New York: John Wiley.
Likert, R. 1961. New patterns of management. New York: McGraw-Hill.
Summers, L., quoted in The commanding heights: The battle between government and the marketplace that is remaking the modern world (pp. 150–151), by Yergin, D., & Stanislaw, J. New York: Simon & Schuster, 1998.
Lawler, E. E., Mohrman, S. A., & Ledford, G. E. 1996. Creating high performance organizations: Practices and results of employee involvement and Total Quality Management in Fortune 1000 companies. San Francisco: Jossey-Bass.
Alperovitz, G. 2013. What then must we do? Straight talk about the next American revolution. White River Junction, VT: Chelsea Green Publishing; Blasi et al., The citizen’s share.
Editor information
Copyright information
© 2014 Frank Shipper
About this chapter
Cite this chapter
Shipper, F. (2014). Shared Entrepreneurship: A Path Forward. In: Shipper, F. (eds) Shared Entrepreneurship. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137405807_7
Download citation
DOI: https://doi.org/10.1057/9781137405807_7
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-349-46164-6
Online ISBN: 978-1-137-40580-7
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)