A presentation on

Meaning and components of entrepreneurial competencies

Ashish Kumar Gautam Roll no. 9

The ability to demonstrate a system and sequence of behavior which results in something observable
The quality of being well qualified physically and intellectually.

Underlying characteristic of a person which leads to effective or superior performance on a job

C O M P E T E N C Y

Knowledge is collection and retention of information in ones mind. Necessary but not sufficient.

skills

Motive is urge to achieve ones goal

Initiative acting out of choice rather than compulsion, taking the lead rather than waiting for other. Opportunity seeker a situation or condition favorable for attainment of a goal Persistence Fall seven times, stand up eight. Action oriented easier to dream, than taking action. Information seeker individual research and consults experts. Quality conscious attention to detail and observance of established norms and standards.

Commitment to work takes personal pain, sacrifices. Efficiency orientation efforts to minimize cost and time Systematic planning breaking up the complex into parts, close examination of the parts and inferring about the whole. Problem solving observing the symptoms, diagnosing and curing Self Confidence relying on ones capabilities

Assertive conveying emphatically its vision and convincing others of its value. Persuasive eliciting support of others Monitoring ensuring the progress of venture as planned Concern for employee welfare the key to competitiveness and success Risk taker exposure to the chance of loss

Goal oriented tends to set, review and check until they are achieved Cautiously Optimistic disposed to take a favorable view of events or conditions and to expect the most favorable outcome. Flexibility Adapt to change

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18.

Opportunity seeker Risk taking Action oriented Initiative Goal Oriented Persistence Cautiously Optimistic Self-confidence Quality Concious Commitment to work Assertiveness Persuasion Problem solving Flexibility Information seeking Efficiency orientation Systematic planning Concern for employee welfare

REFERENCES
ENTREPRENEURIAL DEVELOPMENT, by V. K. Khanka

Dictionary.com Entrepreneurial competencies, motivation, performance and rewards : by Dr. sethi & Dr.Saxena Entrepreneurial competencies, by Mohamed Dahlan Ibrahim,