Exactly, Rummy. Exactly…although they want to be entrepreneurs (down deep) and they certainly want to own as much as they can.
This really has to do more with the engagement factor, let’s call it. Do you agree that there is a significant difference when one ‘owns’ a problem, rather than is simply sponsoring it…meaning, I suppose, that you have found it, but are simply throwing it up and out there…hoping for a solution to materialize.
GL – X really marks the spot with this one. This Gruzzle is like a treasure hunt. Ownership is often elusive in the workplace. I often hear the question raised, “Who owns this?”
Karla has got this bang on.This owning a problem has become a catch-all phrase and is beginning to loose its significance. I was very comfortable with “Who is responsible for this?” Responsibility meant that the person had the ability to respond. In other words, ability to respond.
When you own something, say in this case, the sponsor, he will respond when the time is favourable or unfavourable by dumping his stake. I suspect that he responds only to his ownership of the stake. I doubt that he will take responsibility to the problem. I know some do, but they usually back off when the entrepreneur sulks.
The real owner, the entrepreneur has to respond to all the grief. For him, it is everything. He has to respond and find the solution one way or the other. No amount of tutoring can do this for him. This is why throughout the world, there is such high percentage of failures of start ups. Serial entrepreneurship is another buzz word doing the rounds. Very few are those that sell off profitable running businesses to start new ventures. Most are trying out something different hoping that this time it will click.
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Would you include Venture Capitalists under “Sponsorship”?
Exactly, Rummy. Exactly…although they want to be entrepreneurs (down deep) and they certainly want to own as much as they can.
This really has to do more with the engagement factor, let’s call it. Do you agree that there is a significant difference when one ‘owns’ a problem, rather than is simply sponsoring it…meaning, I suppose, that you have found it, but are simply throwing it up and out there…hoping for a solution to materialize.
GL – X really marks the spot with this one. This Gruzzle is like a treasure hunt. Ownership is often elusive in the workplace. I often hear the question raised, “Who owns this?”
You mapped out the treasure chest
Karla has got this bang on.This owning a problem has become a catch-all phrase and is beginning to loose its significance. I was very comfortable with “Who is responsible for this?” Responsibility meant that the person had the ability to respond. In other words, ability to respond.
When you own something, say in this case, the sponsor, he will respond when the time is favourable or unfavourable by dumping his stake. I suspect that he responds only to his ownership of the stake. I doubt that he will take responsibility to the problem. I know some do, but they usually back off when the entrepreneur sulks.
The real owner, the entrepreneur has to respond to all the grief. For him, it is everything. He has to respond and find the solution one way or the other. No amount of tutoring can do this for him. This is why throughout the world, there is such high percentage of failures of start ups. Serial entrepreneurship is another buzz word doing the rounds. Very few are those that sell off profitable running businesses to start new ventures. Most are trying out something different hoping that this time it will click.
Once again, you’re spot on!
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