effectuation (Meaning)

Wordnet

effectuation (n)

the act of implementing (providing a practical means for accomplishing something); carrying into effect

Webster

Act of effectuating.

Effectuation is a process of entrepreneurship that emphasizes flexibility, adaptability, and learning from failures.
Effectuation is often contrasted with traditional planning-based approaches to entrepreneurship.
Effectuators are entrepreneurs who use effectuation to start and grow businesses.
Effectuation can be applied to a wide range of entrepreneurial ventures, from startups to established businesses.
The effectuation process begins with a general idea or goal, rather than a detailed plan.
Effectuators then take action to move towards their goal, learning from their successes and failures along the way.
Effectuation is often characterized by a willingness to experiment and take risks.
Effectuators are often able to adapt to changing circumstances more easily than entrepreneurs who use traditional planning-based approaches.
Effectuation can be a more effective approach to entrepreneurship in uncertain and rapidly changing environments.
Effectuation is a valuable tool for entrepreneurs who want to increase their chances of success.

the act of implementing (providing a practical means for accomplishing something); carrying into effectAct of effectuating.

produce, create, prompt, do,cause, bring, generate, translate (into), catalyze, encourage

repress, subdue, inhibit, stifle, quash, quell, suppress, quash, restrict, repress

Effectuation is a process of entrepreneurship that emphasizes flexibility, adaptability, and learning from failures.

Effectuation is often contrasted with traditional planning-based approaches to entrepreneurship.

Effectuators are entrepreneurs who use effectuation to start and grow businesses.

Effectuation can be applied to a wide range of entrepreneurial ventures, from startups to established businesses.