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Unit - 6156

Develop strategies to foster innovation and entrepreneurship for small business enterprises

Robert A. Laidlaw

A assessment submitted to the DEPARTMENT OF BUSINESS ADMINISTRATION Of

Linguis International Institute, Auckland

In Partial Fulfilment of the Requirements for the Award of the

Diploma of BUSINESS LEVEL 7

BY Ramanpreet Singh Padda (ID LI20125363365) Under the Guidance of Vanie Malhotra

Unit - 6156 Develop strategies to foster innovation and entrepreneurship for small business enterprises Robert A.

Linguis International Institute

Date: 20 th AUG 2012

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Plan Outline

Title page

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Introduction to Robert Laidlaw

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Contributing Factors

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Factor affecting Organisation Identity

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Impacts on Organisational Identity

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Thematic Analysis

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Force Field Analysis

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Expansion Strategies

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Ranking of Expansion Strategy

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Behavioural Norms

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Stakeholders

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Reference

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1.0 Introduction

Robert A. Laidlaw

1.0 Introduction Robert A. Laidlaw Born in 1885 in Scotland, Robert Laidlaw became one of NewLaidlaw College in recognition of his role as one of the College's founders, and because of "his significant influence in both society and church" . http://www.richbrott.com/wp-content/uploads/2007/08/business-people-who-gave-generously.pdf Organisational qualities of Robert A. Laidlaw: 1. Disciplined Robert Laidlaw focused on making his businesses work, and eliminate all hindrances or distractions to his goals. They have overarching strategies and outline the tactics to accomplish them. Successful entrepreneurs are disciplined enough to take steps every day toward the achievement of their objectives. 3. Open Minded Entrepreneurs realize that every event and situation is a business opportunity. Ideas are constantly being generated about workflows and efficiency, people skills and potential new businesses. They have the ability to look at everything around them and focus it toward their goals. 4. Self Starter Entrepreneurs know that if something needs to be done, they should start it themselves. They set the parameters and make sure that projects follow that path. They are proactive, not waiting for someone to give them permission. 7. Determination 3 " id="pdf-obj-2-6" src="pdf-obj-2-6.jpg">

Born in 1885 in Scotland, Robert Laidlaw became one of New Zealand’s

most successful businessmen. He was a self-made millionaire whose first business venture was a mail order company named Laidlaw Leeds. This business was consolidated with the Farmers Union Trading Company in 1918. In 1919 he bought his first twelve-store chain, and by 1933 there were some sixty branches. Early in his business life, Laidlaw began giving 10 percent of his income to social welfare. He started tithing at the age of eighteen on his weekly salary of just three dollars. This 10 percent soon went to 15 percent, then to 20

percent, and later to 25 percent. At the age of twenty-five he wrote in his journal, “I have decided to change my earlier graduated scale, and start now giving fifty percent of all my

earnings.” For the next sixty years he did just that.

Laidlaw played a major role in establishing several Christian initiatives in New Zealand. After World War II, he retired from the activities of regular business and devoted his time largely to church involvement and Christian missionary work. In 2008, the Bible College of New Zealand renamed itself Laidlaw College in recognition of his role as one of the College's founders, and because of "his significant influence in both society and church" .

Organisational qualities of Robert A. Laidlaw:

  • 1. Disciplined

Robert Laidlaw focused on making his businesses work, and eliminate all hindrances or distractions to his goals. They have overarching strategies and outline the tactics to accomplish them. Successful entrepreneurs are disciplined enough to take steps every day toward the achievement of their objectives.

  • 3. Open Minded

Entrepreneurs realize that every event and situation is a business opportunity. Ideas are constantly being generated about workflows and efficiency, people skills and potential new businesses. They have the ability to look at everything around them and focus it toward their goals.

  • 4. Self Starter

Entrepreneurs know that if something needs to be done, they should start it themselves. They set the parameters and make sure that projects follow that path. They are proactive, not waiting for someone to give them permission.

  • 7. Determination

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Entrepreneurs are not thwarted by their defeats. They look at defeat as an opportunity for success. They are determined to make all of their endeavours succeed, so will try and try again until it does. Successful entrepreneurs do not believe that something cannot be done.

  • 8. Strong people skills

The Robert Laidlaw had strong communication skills to sell the product and motivate employees. He was very good at highlighting the benefits of any situation and coaching others to their success.

  • 9. Strong work ethic

The successful entrepreneur will often be the first person to arrive at the office and the last one to leave. They will come in on their days off to make sure that an outcome meets their expectations. Their mind is constantly on their work, whether they are in or out of the workplace.

10. Passion

Passion is the most important trait of the successful entrepreneur. They genuinely love their work. They are willing to put in those extra hours to make the business succeed because there is a joy their business gives which goes beyond the money. The successful entrepreneur will always be reading and researching ways to make the business better.

Successful entrepreneurs want to see what the vie

Major entrepreneurial tendencies of Robert A. Laidlaw:

  • 1. Competitive

Many companies are formed because an entrepreneur knows that they can do a job better than another. They need to win at the sports they play and need to win at the businesses that they create. An entrepreneur will highlight their own company’s track record of success.

  • 2. Creativity

One facet of creativity is being able to make connections between seemingly unrelated events or situations. Entrepreneurs often come up with solutions which are the synthesis of other items. They will repurpose products to market them to new industries.

  • 3. Confidence

The entrepreneur does not ask questions about whether they can succeed or whether they are worthy of success. They are confident with the knowledge that they will make their businesses succeed. They exude that confidence in everything they do.

  • 4. Calculated risk-taking strategy

Opportunism, Motivated and well organised:

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