business compitencies
PERSONAL ENTREPRENEURIAL COMPETENCIES
An entrepreneurial competence is an underlying characteristic of a person, which results in effective and /or superior performance in a business venture. It is an underlying characteristics of a person, in that it may be motive ,traits, skills ,aspect of ones self-image, a body of knowledge, set of skills and cluster of appropriate motives/ traits that an individual possess to perform in his business.
Personal Entrepreneurial Competencies - The EMPRETEC Model
Research by McClelland and McBer, funded by USAID, has identified 14 personal entrepreneurial competencies (PECs) which appear to characterize the behaviour of successful entrepreneurs. The study, conducted in India, Ecuador and Malawi, also found that these PECs transcended culture, country and continent.
These competencies can be grouped into 3 main clusters and the EMPRETEC model has merged some of these competencies to derive 10 PECs.
I
ACHIEVEMENT CLUSTER
1. Opportunity Seeking and Initiative
2. Risk Taking
3. Demand for Efficiency and Quality
4. Persistence
5. Commitment to the Work Contract
II
PLANNING CLUSTER
1. Information Seeking
2. Goal Setting
3. Systematic Planning and Monitoring
III
POWER CLUSTER
1. Persuasion and Networking
2. Independence and Self-Confidence
I- ACHIEVEMENT CLUSTER
1. OPPORTUNITY SEEKING AND INITIATIVE
1.1 Does things before asked or forced to by events
1.2 Acts to extend the business into new areas, products or services
1.3 Seizes unusual opportunities to start a new business, obtain financing, equipment, land work space or assistance
Ref.
Incident
Signature
Luckily after joining IBA my observation have totally changed. Now i feel this world laden by rich of resources. When I reached at my home in last vacations my brother complained about his running business, I asked him Is it possible bring innovation in your business, he was totally disappointed and replied no idea, I
An entrepreneurial competence is an underlying characteristic of a person, which results in effective and /or superior performance in a business venture. It is an underlying characteristics of a person, in that it may be motive ,traits, skills ,aspect of ones self-image, a body of knowledge, set of skills and cluster of appropriate motives/ traits that an individual possess to perform in his business.
Personal Entrepreneurial Competencies - The EMPRETEC Model
Research by McClelland and McBer, funded by USAID, has identified 14 personal entrepreneurial competencies (PECs) which appear to characterize the behaviour of successful entrepreneurs. The study, conducted in India, Ecuador and Malawi, also found that these PECs transcended culture, country and continent.
These competencies can be grouped into 3 main clusters and the EMPRETEC model has merged some of these competencies to derive 10 PECs.
I
ACHIEVEMENT CLUSTER
1. Opportunity Seeking and Initiative
2. Risk Taking
3. Demand for Efficiency and Quality
4. Persistence
5. Commitment to the Work Contract
II
PLANNING CLUSTER
1. Information Seeking
2. Goal Setting
3. Systematic Planning and Monitoring
III
POWER CLUSTER
1. Persuasion and Networking
2. Independence and Self-Confidence
I- ACHIEVEMENT CLUSTER
1. OPPORTUNITY SEEKING AND INITIATIVE
1.1 Does things before asked or forced to by events
1.2 Acts to extend the business into new areas, products or services
1.3 Seizes unusual opportunities to start a new business, obtain financing, equipment, land work space or assistance
Ref.
Incident
Signature
Luckily after joining IBA my observation have totally changed. Now i feel this world laden by rich of resources. When I reached at my home in last vacations my brother complained about his running business, I asked him Is it possible bring innovation in your business, he was totally disappointed and replied no idea, I