LDP Session6: Managerial Entrepreneurship

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This is an introduction on the topic of entrepreneurship. Discusses the general aspect of entrepreneurship as it applies to the corporate setting.

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LDP Session6: Managerial Entrepreneurship

  1. 1. Leadership Development Program<br />
  2. 2. Recap<br />Personal leadership<br />You cannot give what you don’t have<br />Leadership Concept<br />Are Leader’s Born or Made<br />Human Behavior<br />Honest understanding of self and followers<br />Leadership style<br />Servant leadership and Visionary leadership<br />Leadership framework<br />Leadership matrix and Bolman and Deal’s framework<br />
  3. 3. COMMUNICATION SKILLS<br />LEADERSHIP<br />ENTREPRENEURIAL MANAGEMENT<br />CORPORATE PRACTICES<br />BASIC MANAGEMENT SKILLS<br />
  4. 4. MODULE 2 ENTREPRENEURSHIP<br />
  5. 5. Learning is experience. Everything else is just information ALBERT EINSTEIN<br />
  6. 6. MODULE 2: Entrepreneurship<br /><ul><li>Concepts
  7. 7. Entrepreneurship
  8. 8. Managers as Entrepreneurs
  9. 9. Managers as Business Owners</li></li></ul><li>?<br />Entrepreneur<br />
  10. 10. Puzzle Challenge<br />
  11. 11. Puzzle Challenge<br />The goal is for each group to finish all the puzzle challenge;<br />Each group will have tokens as its currency<br />There are missing pieces of the puzzle;<br />Pieces can be bought at a price:<br />Market : 1pc puzzle= 2 token<br />Competitor: 1 pc puzzle= 3 tokens<br />Completed puzzle can be sold for 10 tokens<br />When you lose all tokens, YOU LOSE!<br />
  12. 12. Entrepreneur: Definition1<br />Entrepreneur originates from the French word, entreprendre, which means "to undertake."1<br />"to undertake." <br />
  13. 13. Entrepreneur: Definition1<br />In a business context, it means to start a business.1<br />to start a business. <br />
  14. 14. Entrepreneur: Definition1<br />An entrepreneur is one who organizes, manages, and assumes the risks of a business or enterprise.1<br />organizes, manages, assumes the risks<br />
  15. 15. Entrepreneurial Experience<br />Family business?<br />Brother, relative who is into business?<br />Set-up a small business?<br />Currently operates a business?<br />Plans of setting up own business?<br />Introduced an idea that became a business?<br />Introduced an improvement that drastically changed the work environment?<br />
  16. 16.
  17. 17. Entrepreneur’s Dilemma<br />
  18. 18. The entrepreneur needs like-minded individuals to function within the organization to bring thebusiness to the next level<br />
  19. 19. Employee Mindset<br />Get the work done<br />Paycheck mentality<br />I win, they lose mentality<br />‘Departmentalized’ thinking<br />Works hard for an increase<br />Task focus<br />
  20. 20. Sources:<br />Note 1- www.quickmba.com<br />

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