Intro session on Entrepreneurial Outlook delivered to the EBs Track at JNC2014

1. OUTLOOK
ENTREPRENEURIAL
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LOOKING AT the business side of AIESEC

2. OUTLOOK
ENTREPRENEURIAL
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LOOKING AT the business side of AIESEC
LOOKING AT how we look at the
business side of AIESEC

3. EXPLORING
OUTLOOK
POINT OF
VIEW
ATTITUDE
EXPECTATION
OF THE FUTURE
PROSPECT and
projection
THE ACT OR
STATE OF
LOOKING OUT
THE PLACE FROM
WHICH AN OBSERVER
LOOKS OUT
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EXPLORING
ENTREPRENEURIAL

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WHAT defines an
Much of this is comprised of self-motivation or inner drive
and the need to follow a passion.
Entrepreneurial Leaders are by nature
innovative, creative, and risk-takers.
But it takes more...
It takes discipline and strong communication skills.
When we describe the Entrepreneurial Leader, we are also
including characteristics such as optimism, trust in one’s
Self, and courage.
ENTREPRENEURIAL leader?

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LET’S MIX
THINGS A BIT...

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FORWARD THINKING
Cultivate new ideas and inspire others to innovate.
SHOW INITIATIVE
Self-motivated based on the inner vision and drive to take
action which encourages engagement.
SELF-PRIDE AND RECOGNITION
Such outlook breathes necessary vitality into long-term
organizational life-spans.
Why do we need
ENTREPRENEURIAL outlook?

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As part of lead for ebs
ENTREPRENEURIAL
outlook

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Focusing on membership
– don´t just talk about it
Focusing on finance –
don´t just talk about it
Connecting
entrepreneurial thinking
to leadership and as a
means to achieve goals
Treating your partners in the network
and your interns as business resources
Supply and Demand
Management
as a common sense
How to properly package our EPs and
TNs to the network
Innovating our methods of supply and
demand
Scaling
Intellect in my
LC and my
team
Fostering ENTREPRENEURIAL outlook

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inventory
entrepreneurial
orientation

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The Entrepreneurial Orientation
Inventory measures the extent to
which a person is internally or
externally oriented in relation to
various entrepreneurial activities.
It provides self-feedback and requires
complete honesty.
The inventory

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There are twenty pairs of items in the inventory.
For each pair distribute five points
between the two items, depending on
the extent to which you agree with
each item.
It should not take you more than fifteen minutes.
Administration of the Instrument

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We’ll get back
to the results
later on...
DON’T LOSE YOUR QUESTIONNAIRE!

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Exploring the
Locus of
control

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Locus of control describes the ways in
which individuals attribute
responsibility for events that occur in
their lives to factors within themselves
and their control or to factors outside
their control.
Factors within one’s control include one’s abilities
and efforts. Factors outside one’s control include
fate, luck, and the influence of other powerful
people.
THE CONCEPT OF LOCUS OF CONTROL

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The attribution of locus of
control affects the way in which
people perceive contingency
relationships between their
actions and outcomes.
Why is it important?

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People who believe that they have
some control over their destinies, that
is, that control resides within
themselves, are referred to as internals.
People who believe that their outcomes
are determined by factors extrinsic to
themselves such as fate, luck, or
powerful others, are called externals.
Internals vs. externals

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How is
Locus of
controlDeveloped?

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A person’s locus of control has
several antecedents, which may be
accumulative or episodic.
Accumulative antecedents are events
that occur over a long period of time and
involve continual exposure.
Episodic antecedents are very important
events that occur over a relatively short
period of time.
How locus of control is developed?

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Three important factors have been identified
through research concerning accumulative
events:
(a) social discrimination;
(b) prolonged, incapacitating
disability; and
(c) parental child-rearing
practices.
How locus of control is developed?

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Episodic antecedents are events
of great importance to a person
that occur over a relatively short
period of time.
How locus of control is developed?

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Organizational climate seem to influence
the development of internality, using four
indices of organizational environment
(freedom-growth, human relations,
performance pressure, and person benefit.)
Research with a group of 3,200 student
respondents in a center for postgraduate
management education in India, found clear
evidence of the influence of organizational
environments on locus of control.
How locus of control is developed?

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Whatever your orientation is – if you
have been not conscious of your
approach, – it has been not of your
making.
You are not to be
blamed nor praised!
How locus of control is developed?

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Let’s get back to the
results...
Score YOUR QUESTIONNAIRE!

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The inventory uses the paired-comparison
method of response. In each pair of items, one
reflects an external focus and the other an
internal focus.
You will separate the scores for internal items
from those for external items over the twenty sets
resulting in two scores. The two scores should
add up to one hundred points.
You will receive now the scoring
sheet, which is self- explanatory.
scoring

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Interpretation of your
results

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• If both scores are equal, it indicates that
you are as external as you are internal in
terms of entrepreneurial activities.
• If one of the scores is greater than fifty,
it indicates more of that orientation.
• The higher you score above fifty, the
stronger is that orientation.
Interpretation and use

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Although entrepreneurial internality or
externality is highly correlated with
general locus of control, there may not be
complete agreement between these two
measures.
The possibility exists that an individual who is
internally oriented in general life situations may
report an external orientation in regard to
entrepreneurial experiences. This might occur if
the person has had cumulative negative
experiences in entrepreneurial ventures.
Interpretation and use

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As the needs are
clearly different,
we will split now!