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PERSONAL ENTREPRENEURIAL COMPETENCIES.pptx

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PERSONAL ENTREPRENEURIAL COMPETENCIES.pptx

  1. 1. PERSONAL ENTREPRENEURIAL COMPETENCIES
  2. 2. Personal Entrepreneurial Competencies -refer to the important characteristics that should be possessed by an individual in order to perform entrepreneurial functions effectively.
  3. 3. Characteristics, Attributes, Lifestyle, Skills and Traits of a Successful Entrepreneur
  4. 4. ACHIEVEMENT CLUSTER – these PECs cluster focus on the belief that entrepreneurs perform and accomplish tasks excellently not for prestige or money but for the sake of excellence.
  5. 5. PLANNING CLUSTER - a PECs cluster where entrepreneurs do not plunge into a business on the basis of inspiration but rather as the result of: • deliberate goal-setting • tireless information-seeking • systematic planning and monitoring.
  6. 6. POWER CLUSTER – a PECs cluster where entrepreneurs’ personal motto is “I can” he thinks that he can achieve things; he can convince people to his way of thinking; and he can influence the outcome of events.
  7. 7. I. ACHIEVEMENT CLUSTER 1. Opportunity seeker 2. Committed 3. Persistent 4. Risk-taker 5. Creative
  8. 8. 1. Opportunity seeker -scans the environment
  9. 9. 2. Committed: -assumed full responsibility over the business. -give full commitment & dedication to make the business successful.
  10. 10. 3. Persistent -A quitter never wins.
  11. 11. 4. Risk-taker -”No guts, No glory” -calculated risk a. High risk-taking b. Low risk-taking c. Moderate risk-taking
  12. 12. 5. Creative: -be creative and innovative to stay in the business and in order to have an edge over the other competitors.
  13. 13. I. ACHIEVEMENT CLUSTER 1. Opportunity seeker 2. Committed 3. Persistent 4. Risk-taker 5. Creative
  14. 14. ___1. Opportunity seeker ___2. Persistent ___3. Risk-taker ___4. Creative ___5. Committed a. solid dedication b. go for an unknown situation c. always sticks to the plan d. do something unique e. not a quitter f. always looking for something new Column A Column B
  15. 15. II. PLANNING CLUSTER 6. Excellent Planner 7. Sound Decision Maker 8. Goal-oriented 9. Ability to accept change 10. Has the Initiative
  16. 16. 6. Excellent planner: -carefully maximizing all the available resources. -develops and follows the steps in the plans diligently. -knows that planning is an effective skill only when combined with action.
  17. 17. 7. Sound decision maker : -the ability to think quickly and to make wise decisions -Sound decisions should be based on given facts and information and lead towards the pre-determined objectives. Steps in Decision Making 1. Identify the problem 2. Gather the necessary data 3. Analyze the data 4. Formulate alternative solutions 5. Select the best solution 6. Implement the solution
  18. 18. 8. Goal-Oriented -the goal must be S-M-A-R-T.
  19. 19. 9. Ability to accept change: -nothing is permanent but change. -change occurs frequently. -cope with and thrive on changes. -capitalize on positive changes to make the business grow.
  20. 20. 10. Has the initiative: -takes the initiative. -responsible for the failure or success of the business.
  21. 21. II. PLANNING CLUSTER 6. Excellent Planner 7. Sound Decision Maker 8. Goal-oriented 9. Ability to accept change 10. Has the Initiative
  22. 22. ___6. excellent planner ___7. goal-oriented ___8. sound decision maker ___9. ability to accept change ___10. has the initiative a. always sticks to the plan b. work diligently c. adaptable to whatever situations d. always looking for an opportunity to act first e. actions are based from facts & data f. skillful in record keeping Column A Column B
  23. 23. III. POWER CLUSTER 11. Confident 12. Discipline 13. Hardworking 14. Profit-oriented 15. Possesses people skills
  24. 24. 11. Confident -have self-reliance in one’s ability and judgment. -exhibit self-confidence to cope with the risks of operating the business.
  25. 25. 12. Discipline: -always stick to the plan -fight the temptation to do what is unimportant.
  26. 26. 13. Hardworking: -working diligently and being consistent about it. -keep improving on performance to produce QUALITY products & services. -99% PERSPIRATION & -1% INSPIRATION
  27. 27. 14. Profit-oriented: -enters the world of business to generate profit or income. -The business shall become bread and butter, therefore, must see to it that the business can generate income.
  28. 28. 15. Possesses people skills: -have good relationship to the people working in and out of the business. -need to deal with people. -well-developed interpersonal skill can make a huge difference between success and failure.
  29. 29. III. POWER CLUSTER 11. Self-confidence 12. Discipline 13. Hardworking 14. Possesses people skills 15. Profit-oriented
  30. 30. a. Working diligently b. relates well with customers & employees c. trusting in one’s ability d. duty first before pleasure e. always looking for an opportunity to earn f. scans the environment Column A Column B ___11. self-confidence ____12. discipline ____13. hardworking ____14. possesses people skills ____15. profit-oriented

Editor's Notes

  • 1. F 2. e 3. b 4. d 5. a
  • 6. E 7. a 8.f 9. c 10. d
  • 1. C 2. d. 3. a 4. b. 5. e.

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