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Entrepreneurial Competency
Pre-requisites of Superior Performance
 The individual’s competencies
 The job’s demands
 The organizational environment
Better the balance among three, more the occurrence of
effective specific actions or behaviour
What is a Job Competency ?
 It is a body of knowledge, skill and attitude.
 It gets reflected in the job.
 It is related to superior performance.
 It enables a person to perform the required job
better than others.
Ingredients of Competencies
 KNOWLEDGE:
Collection & retention of
information & facts
 SKILLS:
Abilities to master the system
& sequence of behaviour
(Hard & Soft Skills)
 MOTIVES:
Internal states resulting
from need. Activate
behaviour.
 TRAITS:
Characteristics ways in
which a person responds
Entrepreneurial Competencies: Major Clusters
ACHIEVEMENT Initiative
Seeing & acting on opportunities
Persistence
Information seeking
Concern for high quality of work
Commitment to work contract
Efficiency Orientation
THINKING & PROBLEM Systematic Planning
SOLVING Problem Solving
PERSONAL MATURITY Self - Confidence
INFLUENCE Persuasion
Use of Influence Strategies
DIRECTING & Assertiveness
CONTROLLING Monitoring
OTHERS Concern for Others’ Welfare
Initiative
Taking actions that go beyond job
requirements or demands of the situation.
 Doing things on own before being asked for; or being
forced to by events.
 Taking actions to expand the business into new areas,
products or services.
Seeing and Acting on Opportunities
 Seeing and acting on opportunities for business
development or for personal growth.
 Seizing unusual opportunities to obtain and mobilise
necessary resources.
Looking for and taking actions to seize
opportunities.
Persistence
 Taking suitable actions in the face of a significant
obstacle.
 Ensuring all efforts to solve a problem or barrier.
Taking repeated actions to overcome obstacles that
get in the way of achieving goals.
Information Seeking
 Personally undertaking a research or analysis to
find out answer of some problem.
 Seeking information to clarify what is needed.
 Using contacts & networks to obtain desired
information.
Taking action on own to help reach objectives.
Concern for High Quality of Work
 Stating a desire to produce work of high quality.
 Comparing own/ company’s work favourably to that of
others.
 Making all out efforts to ensure the quality of products
or services.
Doing things that meet or beat existing
standards of excellence.
Commitment to Work Contract
 Taking extra-ordinary efforts or making personal
sacrifices to complete a job.
 Accepting full responsibility for failures, if any.
 Expressing utmost concern for the customers.
 Readiness to work even at workers’ places to get work
done.
Placing highest priority for getting a job
completed.
Efficiency Orientation
 Using information or business tools to increase personal or
professional efficiency.
 Expressing concern for assessing costs versus rewards of
some improvements, changes or action.
Constantly looking for ways to do things faster or
with fewer resources or at a lesser cost.
Systematic Planning
 Breaking a large task down into several sub-tasks.
 Developing plans after duly anticipating obstacles.
 Evaluating alternatives on merits and demerits.
 Taking a logical and systematic approach to activities, in
general.
Developing and using logical, step-by-step plans
to reach goals.
Problem Solving
 Identifying the root-cause of the problem or objectives.
 Developing strategy in the light of objectives, resources
and constraints.
 Keeping alternatives, wherever necessary.
 Generating new ideas or innovative solutions
Identifying and applying new and potentially
unique ideas to reach the goals.
Self-confidence
 Expressing confidence in own
ability to complete a task.
 Sticking with own judgement in the
face of opposition or early lack of
success.
 Doing something for which chances
of success are not very fair.
Having a strong belief in self and own abilities.
Persuasion
 Convincing someone successfully to do something else than
what he/she would have done.
 Selling someone a product or service.
 Making someone agree to provide resources on extra-ordinary
conditions.
 Asserting own confidence & competence in personal or
company’s strengths.
Persuading others successfully
Use of Influence Strategies
 Developing professional or business contacts.
 Using influential people to get own things done.
 Carefully limiting the information to be given to others.
 Using others’ authority and resources to influence or
persuade others.
Using a variety of strategies to influence others
successfully.
Assertiveness
 Speaking politely but firmly.
 Telling others clearly what they have to do.
 Reprimanding those who fail to perform as expected,
however close they may be.
Confronting problems and issues with others
directly
Monitoring
 Ensuring that the work is completed or it is of high
quality.
 Personally supervising all aspects of the work.
 Developing a system of supervision & monitoring.
Ensuring smooth progress of project or work
Concern for Others’ Welfare
 Taking actions to improve the welfare of society.
 Responding positively to employees’ specific needs.
 Having a concern for the welfare of employees and their
families.
Having a concern & taking suitable actions to
improve others’ welfare.

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Entrepreneurship Competemcy

  • 2. Pre-requisites of Superior Performance  The individual’s competencies  The job’s demands  The organizational environment Better the balance among three, more the occurrence of effective specific actions or behaviour
  • 3. What is a Job Competency ?  It is a body of knowledge, skill and attitude.  It gets reflected in the job.  It is related to superior performance.  It enables a person to perform the required job better than others.
  • 4. Ingredients of Competencies  KNOWLEDGE: Collection & retention of information & facts  SKILLS: Abilities to master the system & sequence of behaviour (Hard & Soft Skills)  MOTIVES: Internal states resulting from need. Activate behaviour.  TRAITS: Characteristics ways in which a person responds
  • 5. Entrepreneurial Competencies: Major Clusters ACHIEVEMENT Initiative Seeing & acting on opportunities Persistence Information seeking Concern for high quality of work Commitment to work contract Efficiency Orientation THINKING & PROBLEM Systematic Planning SOLVING Problem Solving PERSONAL MATURITY Self - Confidence INFLUENCE Persuasion Use of Influence Strategies DIRECTING & Assertiveness CONTROLLING Monitoring OTHERS Concern for Others’ Welfare
  • 6. Initiative Taking actions that go beyond job requirements or demands of the situation.  Doing things on own before being asked for; or being forced to by events.  Taking actions to expand the business into new areas, products or services.
  • 7. Seeing and Acting on Opportunities  Seeing and acting on opportunities for business development or for personal growth.  Seizing unusual opportunities to obtain and mobilise necessary resources. Looking for and taking actions to seize opportunities.
  • 8. Persistence  Taking suitable actions in the face of a significant obstacle.  Ensuring all efforts to solve a problem or barrier. Taking repeated actions to overcome obstacles that get in the way of achieving goals.
  • 9. Information Seeking  Personally undertaking a research or analysis to find out answer of some problem.  Seeking information to clarify what is needed.  Using contacts & networks to obtain desired information. Taking action on own to help reach objectives.
  • 10. Concern for High Quality of Work  Stating a desire to produce work of high quality.  Comparing own/ company’s work favourably to that of others.  Making all out efforts to ensure the quality of products or services. Doing things that meet or beat existing standards of excellence.
  • 11. Commitment to Work Contract  Taking extra-ordinary efforts or making personal sacrifices to complete a job.  Accepting full responsibility for failures, if any.  Expressing utmost concern for the customers.  Readiness to work even at workers’ places to get work done. Placing highest priority for getting a job completed.
  • 12. Efficiency Orientation  Using information or business tools to increase personal or professional efficiency.  Expressing concern for assessing costs versus rewards of some improvements, changes or action. Constantly looking for ways to do things faster or with fewer resources or at a lesser cost.
  • 13. Systematic Planning  Breaking a large task down into several sub-tasks.  Developing plans after duly anticipating obstacles.  Evaluating alternatives on merits and demerits.  Taking a logical and systematic approach to activities, in general. Developing and using logical, step-by-step plans to reach goals.
  • 14. Problem Solving  Identifying the root-cause of the problem or objectives.  Developing strategy in the light of objectives, resources and constraints.  Keeping alternatives, wherever necessary.  Generating new ideas or innovative solutions Identifying and applying new and potentially unique ideas to reach the goals.
  • 15. Self-confidence  Expressing confidence in own ability to complete a task.  Sticking with own judgement in the face of opposition or early lack of success.  Doing something for which chances of success are not very fair. Having a strong belief in self and own abilities.
  • 16. Persuasion  Convincing someone successfully to do something else than what he/she would have done.  Selling someone a product or service.  Making someone agree to provide resources on extra-ordinary conditions.  Asserting own confidence & competence in personal or company’s strengths. Persuading others successfully
  • 17. Use of Influence Strategies  Developing professional or business contacts.  Using influential people to get own things done.  Carefully limiting the information to be given to others.  Using others’ authority and resources to influence or persuade others. Using a variety of strategies to influence others successfully.
  • 18. Assertiveness  Speaking politely but firmly.  Telling others clearly what they have to do.  Reprimanding those who fail to perform as expected, however close they may be. Confronting problems and issues with others directly
  • 19. Monitoring  Ensuring that the work is completed or it is of high quality.  Personally supervising all aspects of the work.  Developing a system of supervision & monitoring. Ensuring smooth progress of project or work
  • 20. Concern for Others’ Welfare  Taking actions to improve the welfare of society.  Responding positively to employees’ specific needs.  Having a concern for the welfare of employees and their families. Having a concern & taking suitable actions to improve others’ welfare.