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NOTE: Since 2009 the title of the International Journal of Entrepreneurship Education (IJEE) has been changed to the title above.  ISSN numbers: IJEE 1649-2269 and IRE 2009-2822

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ISSN Number: 2009-2822. Frequency: 4 Issues per year (online only)  

The Transformation from Entrepreneurship to Professional Management at Countrywide Financial Corporation

IJEE Vol 3: Issue 1, 2005, Pages 81-98

Author(s): Stanford Kurland (Countrywide Home Loans Inc.) and Eric G. Flamholtz (Anderson School at UCLA)

This article describes the process undertaken to make the transformation from a small entrepreneurial venture to an entrepreneurially-oriented, professionally-managed organization. It is a case study involving a company that grew from a small, independent mortgage company into a large, complex organization, offering a full array of financial products and services. The case focuses, in particular, on the implementation of a systematic and integrated planning approach and the role of strategic planning in helping the company to evolve its culture and operational foundation from entrepreneurship to professional management.

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