The document discusses management and entrepreneurship. It provides definitions and discusses the following key points:
1. Management involves reaching organizational goals through working with people and resources. The four main functions of management are planning, organizing, influencing, and controlling.
2. Entrepreneurship is developing and managing a business to make a profit while taking on risks. Entrepreneurs exploit opportunities for change and innovation. The advantages of being an entrepreneur include independence and profit potential, while the disadvantages include risk, stress, and uncertain income.
3. Entrepreneurial management differs from traditional management in its strategic orientation, commitment to opportunities, commitment and control of resources, and management structure for new ventures.
A country with many successful entrepreneurs is
considered as most successful country in terms
of economy.
Because the entrepreneurs play a vital role in the
economic development of a country such as
generate employment, increase production,
increase innovation, and so on.
But do we understand the meaning of
entrepreneurship. In this session we will learn
about the theory and concepts of
entrepreneurship
This is a review and compilation of management concepts and ideas especially applicable to entrepreneurial ventures. www.profjorgeentrep-ateneo.blogspot.com
What does it take to be an entrepreneur ? Discover some of the characteristics behind a successful individual who bears the risk of operating business in the face of uncertainty about the future conditions. Power Point by Prof. J.C. Sabo
New Venture Strategies
Business Model Canvas
Lean Startup
Lean Strategy
Agile Development
Marketing Funnels
Content, Conversions, SM
Technology
Gamification, VR, 3D Printing, Cloud, AI,
Rigorous strategic analysis can distinguish markets that promise enduring success from those that offer only the illusion of substantial, if immediate, returns.
Archetypal example is a business with low barriers to entry
Ability to build a sustainable competitive advantage
Another misstep is entering a large and growing market without analyzing whether the firm will be able to build a sustainable competitive advantage in it. Best Buy, Mattel’s line of Barbie dolls, eBay, and a slew of others entered China thinking that anyone could make money there—only to fail. It may be much wiser to pursue several smaller, less risky opportunities that together could create a successful long-term business.
A country with many successful entrepreneurs is
considered as most successful country in terms
of economy.
Because the entrepreneurs play a vital role in the
economic development of a country such as
generate employment, increase production,
increase innovation, and so on.
But do we understand the meaning of
entrepreneurship. In this session we will learn
about the theory and concepts of
entrepreneurship
This is a review and compilation of management concepts and ideas especially applicable to entrepreneurial ventures. www.profjorgeentrep-ateneo.blogspot.com
What does it take to be an entrepreneur ? Discover some of the characteristics behind a successful individual who bears the risk of operating business in the face of uncertainty about the future conditions. Power Point by Prof. J.C. Sabo
New Venture Strategies
Business Model Canvas
Lean Startup
Lean Strategy
Agile Development
Marketing Funnels
Content, Conversions, SM
Technology
Gamification, VR, 3D Printing, Cloud, AI,
Rigorous strategic analysis can distinguish markets that promise enduring success from those that offer only the illusion of substantial, if immediate, returns.
Archetypal example is a business with low barriers to entry
Ability to build a sustainable competitive advantage
Another misstep is entering a large and growing market without analyzing whether the firm will be able to build a sustainable competitive advantage in it. Best Buy, Mattel’s line of Barbie dolls, eBay, and a slew of others entered China thinking that anyone could make money there—only to fail. It may be much wiser to pursue several smaller, less risky opportunities that together could create a successful long-term business.
The Entrepreneurial Mindset - And Why You Cannot Learn How to Become OneMartin Schweiger
How to become a successful entrepreneur:
Brains help. Money helps. Knowing the right people helps.
But without an entrepreneurial mindset, everything else gets sidetracked.
Uncovering and understanding your deeper motives is the first step toward becoming a successful entrepreneur or discovering that you are not cut out for its punishing demands -- the personal sacrifices, inevitable setbacks, relentless work, crushing time pressure, financial uncertainty and sleepless nights faced by 99 percent of entrepreneurs.
Derek Lidow, a veteran entrepreneur, author of Startup Leadership, and a professor in Entrepreneurship at Princeton University, provides a roadmap for determining your entrepreneur type.
The Entrepreneurial Mindset - And Why You Cannot Learn How to Become OneMartin Schweiger
How to become a successful entrepreneur:
Brains help. Money helps. Knowing the right people helps.
But without an entrepreneurial mindset, everything else gets sidetracked.
Uncovering and understanding your deeper motives is the first step toward becoming a successful entrepreneur or discovering that you are not cut out for its punishing demands -- the personal sacrifices, inevitable setbacks, relentless work, crushing time pressure, financial uncertainty and sleepless nights faced by 99 percent of entrepreneurs.
Derek Lidow, a veteran entrepreneur, author of Startup Leadership, and a professor in Entrepreneurship at Princeton University, provides a roadmap for determining your entrepreneur type.
O mundo corporativo vive uma ascensão da demanda qualificada de profissionais, onde, muitas vezes, também surge uma competitividade entre os concorrentes para reter o talento – funcionário – e por isso, as empresas não medem esforços para deixá-lo satisfeito e comprometido no ambiente de trabalho, pois estes são mais exigentes e não aceitam mais verdades prontas.
Melhor gestão, Melhores resultados.
A Prof.Randes® é uma empresa que visa melhorar as relações organizacionais, ajudando na comunicação, nas formas de gerência e em todos os aspectos de liderança de seus clientes. Ela busca, acima de tudo, o alinhamento estratégico da organização, como o intuito de aumentar o foco da equipe em seus respectivos objetivos.
Unit 1- Introduction to Entrepreneurship (BOCS,BOET-505D).pdfShikhaAeron2
Course Content:
Unit I: Introduction to Entrepreneurship: Entrepreneurs; entrepreneurial personality and intentions, characteristics, traits and behavioral; entrepreneurial challenges.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Dr. Vinod Kumar Kanvaria
Exploiting Artificial Intelligence for Empowering Researchers and Faculty,
International FDP on Fundamentals of Research in Social Sciences
at Integral University, Lucknow, 06.06.2024
By Dr. Vinod Kumar Kanvaria
Safalta Digital marketing institute in Noida, provide complete applications that encompass a huge range of virtual advertising and marketing additives, which includes search engine optimization, virtual communication advertising, pay-per-click on marketing, content material advertising, internet analytics, and greater. These university courses are designed for students who possess a comprehensive understanding of virtual marketing strategies and attributes.Safalta Digital Marketing Institute in Noida is a first choice for young individuals or students who are looking to start their careers in the field of digital advertising. The institute gives specialized courses designed and certification.
for beginners, providing thorough training in areas such as SEO, digital communication marketing, and PPC training in Noida. After finishing the program, students receive the certifications recognised by top different universitie, setting a strong foundation for a successful career in digital marketing.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
2. Management
• Management is the process of reaching organizational goals
by working with people and other resources. Another
definition could be – knowing what you want people to do,
and then getting them to do it the best way. Managers must
concentrate on reaching organizational goals, and they should
use their resources to accomplish those goals.
• For many years the management process has been divided
into principles, sometimes called functions. The four
functions are: planning, organizing, influencing, and
controlling. Some people use decision making as a fifth
principle, but decision making can be seen as part of the
planning process. Also, some use leading instead of
influencing, but the term influencing is better. These
management principles are universal and applicable to all
types of businesses and organizations.
3. Four Principles of Management
• Planning – determining the organization’s goals and deciding how best to achieve them.
Planning involves choosing tasks that must be performed and how and when they will be
performed. Decision making is also included with planning because it involves selecting
the best course of action to achieve success.
• Organizing - assigning tasks to various individuals or groups; puts plan into action.
People are given work assignments that contribute to achieving the goals. Organizing
involves using your resources appropriately to reach the organization’s goals. Organizing is
the primary way managers activate their plans.
• Influencing – guiding the activities of the organization’s members. Over the years,
influencing has been referred to as motivating, directing, or leading. One way to influence
people is through effective communication.
• Controlling – in the context of management, controlling is making things happen as
planned. Controlling is the continuing process of monitoring the progress being made by
your workers. Managers must make sure that the organization is performing as planned
and will accomplish its goals. Controlling involves gathering information and measuring
performance.
4. MEANING OF ENTREPRENEURSHIP
• Entrepreneurship is the capacity and willingness to
develop, organize and manage a business venture along
with any of its risks in order to make a profit. The most
obvious example of entrepreneurship is the starting of
new businesses.
• Entrepreneurship combined with land, labor, natural
resources and capital can produce profit.
Entrepreneurial spirit is characterized by innovation and
risk-taking, and is an essential part of a nation's ability to
succeed in an ever changing and increasingly
competitive global marketplace.
5. Meaning (Contd.)
• Jean-Baptiste Say, the French economist who is
credited with coining the word Entrepreneur around
1800, defined an entrepreneur thus:
“Entrepreneurs shift economic resources
from an area of lower productivity into an
area of higher productivity and greater
yield.”
• So, entrepreneur is actually from a French word,
whose rough translation is supposed to be
“undertaker” or “adventurer”, and has come to mean
more commonly “one who attempts to profit by
taking risk and initiative.”
6. Meaning (Contd.)
Joseph Schumpeter (1883–1950), an economist, defined an
entrepreneur as one who introduces something new in the
economy:
• A new method of production
• A new or improved product
• New sources of inputs, or
• New markets, and the like.
Management Guru Peter Drucker (1909-2005) took this
idea further, describing the entrepreneur as someone
who actually searches for change, responds to it, and
exploits change as an opportunity.
Resources + Entrepreneur = Results
7. ENTREPRENEURIAL MANAGEMENT
(EM)
Managing a new venture differs from managing an
existing operation along five key management
issues:
• Strategic orientation
• Commitment to opportunity
• Commitment of resources
• Control of resources
• Management structure
8. Vital Management Issues in EM
• What is this venture about? (mission and values
statement)
• Where should it go? (goals and objectives)
• How will it get there? (growth strategy)
• What does it need to get there? (people and
resources)
• What structure is best? (organizational capabilities)
• How much money does it need and when?
(financing strategy)
• How will it recognize the final destination? (vision of
success)
9. ADVANTAGES OF BEING AN
ENTREPRENEUR
• Often people do not feel fully compensated for
the work they do. Becoming an entrepreneur
means you can reap the benefits of all your
hard work.
• Having control over your work schedule
means that you can choose when to take time off
and work the schedule that suits you best.
(Contd.)
10. Advantages (Contd.)
• Entrepreneurs are able to make all of the
decisions relating to their company themselves;
they have complete control. This allows for a
huge degree of independence and a chance
to shape one’s own career.
• Becoming an entrepreneur is a very exciting
time, from the idea and start-up to the
development and realisation of the product or
service.
11. Advantages (Contd.)
The advantages can be said to be:
• Create their own destiny
• Make a difference
• Reach their full potential
• Generate impressive profits
• Contribute to society and be recognized for their
efforts
• Do what they enjoy and have fun at it!
12. DISADVANTAGES OF BEING AN
ENTREPRENEUR
• Becoming an entrepreneur means you have to leave
behind the security of having a paycheck each
month.
• Although entrepreneurs benefit from a flexible
schedule they often have to work very long hours
particularly in the start-up phase. Furthermore
entrepreneurs’ work schedules are never predictable
and they must deal with emergencies that may occur
at any time.
(Contd.)
13. Disadvantages (Contd.)
• Being responsible for all decisions can be quite
stressful and handling such responsibility can
be difficult.
• There is also great risk attached to
entrepreneurship. The success or failure of the
business rests with the entrepreneur.
14. Disadvantages (Contd.)
The disadvantages can be said to be:
• Uncertainty of income –”The entrepreneur is the
last one to be paid.”
• Risk of losing their entire investment
• Long hours and hard work
• Lower quality of life until the business gets
established
• High levels of stress
• Complete responsibility
• Discouragement
15. FACTORS FEEDING
THE ENTREPRENEURIAL FIRE
The rapid increase in entrepreneurs has been a result
of:
• Considering entrepreneurs as heroes
• Entrepreneurial education
• Demographic and economic factors
• Shift to a service economy
• Technological advancements
• Independent lifestyles
• Commerce and the Internet
• Additional international opportunities
16. Riddle for the Day
• I’m tall when I’m young and I’m short when I’m
old. What am I?
18. A Brain Teaser for You
• If an electric train is travelling south, which way
is the smoke going?
19. Answer to the Brain Teaser
• There is no smoke, it’s an electric train!
20. Thought for the Day
“If you want to be an entrepreneur, it's not a job,
it's a lifestyle. It defines you. Forget about
vacations, about going home at 6 pm - last thing
at night you'll send emails, first thing in the
morning you'll read emails, and you'll wake up
in the middle of the night. But it's hugely
rewarding as you're fulfilling something for
yourself.”
- Niklas Zennstrom