Professional Documents
Culture Documents
Practice-Entrepreneurial-Skills-In-The-Workplace (Hernani and Gutang)
Practice-Entrepreneurial-Skills-In-The-Workplace (Hernani and Gutang)
Practice-Entrepreneurial-Skills-In-The-Workplace (Hernani and Gutang)
Basic 9 - Practice
Entrepreneurial Skills in
the Workplace
LIST OF COMPETENCIES
Basic Competency
TABLE OF CONTENTS
Page No.
MODULE CONTENT
Unit of Competency: Practice Entrepreneurial Skills in the Workplace Module Title : Practicing
Entrepreneurial Skills in the Workplace Module Descriptor :
This module covers the outcomes required to apply entrepreneurial workplace best practices
and implement cost-effective operations. This module covers materials to use such as Information
Sheets, Self-Checks, Task Sheets and Performance Criteria Checklists.
Learning Outcomes:
At the end of this module you MUST be able to:
1. Apply entrepreneurial workplace best practices
2. Communicate entrepreneurial workplace best practices
3. Implement cost-effective operations
Assessment Criteria:
1. Observe and select good practices relating to workplace operations following workplace
policy.
2. Comply with quality procedure and practices according to workplace requirements.
3. Apply cost-conscious habits in resource utilization based on industry standards.
4. Communicate observed good practices relating to workplace operations to appropriate
person.
5. Communicate observed quality procedures and practices to appropriate person.
6. Communicate cost-conscious habits in resource utilization based on industry standards.
7. Implement preservation and optimization of workplace resources in accordance with
enterprise policy.
8. Observe judicious use of workplace tools, equipment and materials according to manual
and work.
9. Make constructive contributions to office operations according to enterprise
requirements.
10. Sustain ability to work within one’s allotted time and finances.
Details of LEARNING OUTCOME
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LEARNING EXPERIENCES
Learning Outcome 1: Apply Entrepreneurial Workplace best practices
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1. Read INFORMATION SHEET 9.1-1 in Read and understand the information sheet. After reading, answer the
Entrepreneurial mindset self- check to determine your learning.
Refer your answers to the answer key 9.1-1 for selfcheck. You are
2. Answer SELF-CHECK 9.1-1 on required to get ALL answers correct. If not, read the information sheet
Entrepreneurial mindset
again to answer all questions correctly.
Entrepreneurial Mindset
Learning Objective:
After reading this INFORMATION SHEET, YOU MUST be able to:
1. Discuss the characteristic of an entrepreneur;
2. Differentiate the entrepreneurial mindset; and
3. Value the essential chrematistic of the entrepreneurial mind.
Entrepreneur is a person who starts a new business or organization taking some personal financial
risk to do so.
He or she may quit a secure job to devote time to starting the new business, use personal savings
as capital, or convince investors to finance the business idea.
Entrepreneurship is the process of discovering new ways of combining resources. When the market
value generated by this new combination of resources is greater than the market value these resources
can generate elsewhere individually or in some other combination, the entrepreneur makes a profit.
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Pasion is the great desire to attain a vision or fulfill a mission. It is about wanting something
so much that a person would be willing to totally devote oneself to the quest.
The entrepreneurial heart flame is also about emotional intelligence or EQ, which often
manifested in the entrepreneurs’ effort to nurture relationships with customer, employees and
suppliers.
The entrepreneur also looks after the interest of his/her people by motivating and encouraging them to the
best that they can be. This creates caring culture within the organization that brings about synergy among
the people working toward a common vision.
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The gut game also connotes courage or, in the local dialect, “lakas ng
loob” (strong intestinal fortitude).
New Product Development
The first and most important reason for any new development is to
provide new value to the customer. Without this, there is no reason for them to
trade their money for the new device.
● Creative mind
● Technical mind
● Business mind
Creative Mind
The creative mind conceptualizes and designs a product that consumers find some use for
it. It likewise produces a product that is pleasing to see, touch, smell, hear and taste.
The technical mind is the technology originator. The entrepreneur may not necessarily possess the
technical mind but this is what drives him or her to convert new knowledge into something highly functional
and operational.
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Business Mind
The business mind harness the potentials of new products by creating the market space
for them. It also organizes sufficient forces and resources to develop. Launch and commercialize
the new product in order to maximize its market value.
● Creativity
● Suspicion of predictors
● Comfort with Uncertainty
● Openness to Experimentation ● Functional Humility
Creativity
The seed of entrepreneurship is the ability to see things differently. Whether it’s with new products
or new processes, entrepreneurs are driven by the uncanny knack to see holes in the marketplace and devise
innovation to fill them.
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Entrepreneurs tend to labor under the assumption that data is the sole predictor of an
outcome. Especially in new markets and with new products where data is largely interpretive or
extrapolated, entrepreneurs are undaunted by the typical predictors that may put off fainter hearts.
Similarly, a distrust of prediction and analysis creates an atmosphere with uncertainty rules. Indeed,
the uncertainty is the very essence of entrepreneurship.
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Openness to Experimentation
A comfort with experimentation goes beyond educated trial and error. The ability to
experiment with products, processes and outcomes, no matter where the results may lead, is
the key element of this quality.
Functional Humility
Egos can destroy the very best ideas. Entrepreneurs who are committed to solving a business
problem or reinventing a product or service display a functional humility.
SELF-CHECK 9.1-1
Entrepreneurial Mind
A. MULTIPLE CHOICES.
Direction: Read the questions carefully and answer intelligently. Write the answer on your answer
sheet.
1. It allows the entrepreneur to see things in a very positive and optimistic light.
a. Entrepreneurial heart frame
b. Entrepreneurial mind frame
c. Entrepreneurial gut frame
d. Creative mind
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2. It conceptualizes and designs a product that consumers find some use for.
a. Entrepreneurial heart frame
b. Entrepreneurial mind frame
c. Entrepreneurial gut frame
d. Creative mind
3. It organizes sufficient forces and resources to develop, launch, and commercialize the new
product in order to maximize its market value. a. Technical mind
b. Business mind
c. Creative mind
d. Intuition
4. It drives the entrepreneur to convert new knowledge into something highly functional and
operational. a. Technical mind
b. Business mind
c. Creative mind
d. Intuition
5. A person who starts a new business or organization taking some personal financial risk to do
so. a. Entrepreneurial heart frame
b. Entrepreneurial mind frame
c. Entrepreneur
ANSWER KEY 9.1-1
Entrepreneurial Mind
A. MULTIPLE CHOICE
1. b
2. d
3. b
4. a
5. c
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Learning Objective:
As Example:
For some industries, most constructive effectiveness is so important for them that they hire
appropriate managers who would be committed to just resource management and are known as resource
manager. But the question arises, what does a resource manager do even you already have a project
manager in the team?
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Certainly, the project managers are responsible for assigning and creating tasks to
get the project complete. And the resource managers are only accountable for distributing
the resources required to make the project success.
So, by considering your resources availability, and having the plan how to use them,
you can fix the problems before they arise.
Well, there is no commonly related formula for resource management neither there are
any golden rules for it. Still, we can follow some checkpoints to make it happen.
The first step is estimating the required number resources for a project. Then estimate the
date of complete by dividing in hours or weeks and include the employee hours needed on the
project.
Once you complete the allocating of tasks, your team members will execute their
activities conscientiously and complete them.
All above are pointing to the process of resource utilization, how to accommodate and
expected key points. Now let’s see “how it could help on business growth”.
By Resource management protocol, you would be able to put your complete control over the
resources. It leads to significant benefits to any kind of business or organization. Here I have given the forecast
of future benefits, which you get through Proper resource utilization.
Both processes are key to achieving project success, however resource utilization is often
undervalued. Creating a robust framework for assessing the quality of existing resources might seem
complicated, but with the right tools it can be easy. Once you’ve decided on the budget and resources
available, and the metrics you want to use to measure efficiency, you can implement resource management
into your projects.
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SELF-CHECK 9.1-2
Resources Allocation
Direction: Read the questions carefully and answer intelligently. Write the answer on your answer
sheet.
1. Contrast resource allocation from resource utilization.
Which is more important?
2. Discuss the benefits of resource utilization
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1. Resource allocation is how your company assigns or splitsup its resources to meet
tasks, deliverables and overall goals while Resources utilization measures ‘how’
effectively your company is making use of the available resources.
Interview
1. Read INFORMATION Read and understand the information sheet. After SHEET 9.2-1 in Office reading, answer
the self- check to determine your Communication Protocol learning.
3. Read INFORMATION Read and understand the information sheet. After SHEET 9.2-2 on Ways to reading,
answer the self- check to determine your improve Quality in learning. Business
4. Answer SELF-CHECK Refer your answers to the answer key 9.2-2 for 9.2-2 on Ways to self-check. You are
required to get ALL answers improve quality in correct. If not, read the information sheet again to business
answer all questions correctly.
LEARNING EXPERIENCES
INFORMATION SHEET 9.2-1
Office Communication Protocol
Learning Objectives:
After reading this INFORMATION SHEET, YOU should be able to:
1. Explain what is protocols;
2. Discuss office communication protocol;
3. Value the importance of communication protocol.
Protocols
Simply said, protocols are internal rules that an
organization's members are required to follow and use.
By making sure targeted activities are handled under
protocols, the organization ensures consistency and
conformity at every level. The downside, however, is that
too many protocols lead to redundancy, bureaucracy and,
worse, unnecessary delays. This works against an
organization trying to be nimble and flexible. Strike a
balance between conformity and responsiveness.
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Writing Rules
As part of the protocols, organizations also
benefit from making sure that any communications
follow clear-use rules. This means making sure staff
understands how to communicate properly in writing.
Quick, techy acronyms, such as LOL, WTB, WU,
LTR and so on, don’t belong in professional writings.
Staff should understand they need to
communicate in proper language that places a
premium on spelling and grammar.
Communication
Electronic Communication
To add to the challenge of managing how people in the
same organization communicate, electronic and computerized
methods have complicated the issue.
The speed of electronic communication frequently results
in problems happen faster and spreading further when mistakes
are made. Smart phones, email, instant messaging and computer
files only add to a flurry of communications.
Written Communication
Written messages, the most traditional of business communication methods, are easily
standardized by organizations so they can be correctly routed correctly and properly prioritized.
This is done by choosing different methods for different levels of importance. Emails, notes
and basic messages can be used for daily communication.
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Electronic Messaging
Electronic Messaging means the type of Electronic
Record that is transmitted via an electronic network to the
e-mail address of a person.
The problem with emails, instant messaging and
the Internet is that organizations frequently lose control
of the message and its audience very quickly.
Organizations are well-served by regularly training
staff on the risks and perils of electronic communication,
reserving these tools for daily, regular communication and
training staff on understanding how to regularly purge old
communications and keep only important information.
Too often, people use these tools for silly or
personal messaging. The results can range from
embarrassing to serious should these files later get
resurrected in lawsuits or legal matters.
Verbal Communications
Virtual Communication
Virtual communication, is when people
communicate without being face- to-face. Instructors can
communicate and provide lessons from anywhere and
anytime, as long as they (and the audience) have the right
tools.
Effective virtual communication is a necessity in
today’s business environment. It’s common in many
organizations to have full-time or part-time remote
employees.
Partners and customers do business with
organizations in various countries. In order to ensure
organization, meet their goals, employees need to
understand effective virtual communication practices
and put them into action.
That might be better suited for an instant message. Similarly, project management tools such
as JIRA are the best place to record project updates so they don’t get lost in your email inbox.
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Provide
Guidelines
and Training
If your business doesn’t have a virtual
communication policy, it’s wise to
establish some guidelines to help employees
understand how to communicate effectively.
Providing introductory training on how to get
the most out of the virtual communication
tools helps employees to utilize all the
features and realize productivity
benefits.
SELF-CHECK 9.2-1
Office Communication Protocol
A. True or False
Direction: Read the questions carefully and answer intelligently. Write the
answer on your answer sheet.
1. Effective virtual communication requires honesty and responsiveness.
2. Virtual communication requires employees to actively pay attention to the
conversation.
3. It’s important to choose any technology for the task at hand when
communicating virtually.
4. Protocols for verbal communication can be implemented in similar fashion as
written documents.
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A. True or False
1. True
2. True
3. False
4. True
5. True
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Learning Objectives:
After reading this INFORMATION SHEET, YOU should be able to:
1. Enumerate the steps to improve quality of business
Quality
Quality is a distinctive attribute or characteristic
possessed by someone or something.
Whether you sell a product or a service, these five steps
will help you ensure that you are constantly improving the way
you do business-to the delight of your customers.
Every business owner likes to think that he or she has a
commitment to quality. If that were truly the case, of course, no
product would ever disappoint, and no service would result in a
complaint. So how can you improve quality at your company?
Here are 5 steps you can take to put you on the right path.
1. Make a commitment.
W. Edwards
Deming, the father of the
quality movement, argued that a company’s
commitment to quality had to come from the top, and
it had to be reinforced over and over again.
"Constancy of purpose means that quality
decisions are not situational," writes the
operational expert Rebecca A. Morgan. "End of
month quality is the same as beginning of month.
So are you ready to commit? If you are, you
should tell your staff and then think about how you will
handle the first conflict between your stated objective
and a pressing deadline or an attractive short cut.
2. Track mistakes.
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3. Invest in training.
An old saw of the quality movement is that any business with a
quality control department is doomed to poor performance, for it has
demonstrated to every other employee that quality is not his or her
chief concern. Instead, quality experts recommend that businesses train
workers at all levels to look for ways to
improve quality and to ameliorate
problems.
Training takes on several
dimensions. For starters, you should set
up a new-employee initiation program that trains workers to
focus on quality issues from their first day on the job. Different
CEOs have different perspectives on how best to do this. Ralph
Stayer, the quality-obsessed CEO of Johnsonville Sausage in
Sheboygan Falls, Wisconisn, believes your existing employees
should be put in charge of training new employees, because
only they can provide a firsthand perspective on how your company's operations work.
Ari Weinzweig, founder and CEO of the Zingerman's Family of Companies in Ann Arbor, Michigan,
takes a different approach: He personally leads all new-employee orientation training sessions (which last
several days) because he believes an employer never has a better chance of instilling values and a sense of
purpose than right after he or she has hired a new employee.
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That's a shame. Quality circles, by any other name, are teams of workers who are given the
authority and responsibility for making a business better. To succeed, experts say that participation
in a quality circle should be voluntary; circles should draw members from all corners of a company;
and the circle should set its own agenda (rather than pursuing a company owner's agenda.
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SELF-CHECK 9.2-2
Ways to Improve Quality in Business
A. Enumeration
Direction: Read the questions carefully and answer intelligently. Write the answer on your answer
sheet.
1. Enumerate ways to improve quality in business.
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1. Make a commitment
2. Track mistakes
3. Invest in training
4. Organize quality circles
5. Have the right attitude
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LEARNING EXPERIENCES
• Read INFORMATION Read and understand the information sheet. After SHEET 9.3-1 in Easy reading, answer the
self- check to determine your steps to cut cost at work learning.
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• Answer SELF-CHECK Refer your answers to the answer key 9.3-1 for self9.3-1 on Easy steps to check. You are
required to get ALL answers correct.
cut cost at work If not, read the information sheet again to answer all questions correctly.
INFORMATION SHEET 9.3-1
Easy Steps to Cut Cost at Work
Learning Objectives:
After reading this INFORMATION SHEET, YOU should be able to:
1. Enumerate steps to cut cost at work;
2. Value the importance of cost cutting.
Saving your Company Money by Mark Swartz
All workplaces spend money. So just about
any employee can try to think up cost cutting
tactics. The savings don’t have to be massive. Every
dollar not spent needlessly goes toward the
company’s bottom line.
Here are some simple ways you can help reduce
workplace expenses.
Decrease Waste
Wasted resources squander an employer’s funds. Recycle, reuse,
and repurpose whenever feasible. By going greener, costs get leaner.
Striving for a paperless office is a solid starting point. Don’t print
out hard copies where electronic documents will do. Use two-sided
copying. Distribute hard copies only to those who must have printed
versions. These three steps alone will lessen paper, toner and storage
charges.
If you work in a manufacturing environment, waste increases costs.
Can you come up with any ways to use fewer (or less expensive) materials?
Are there duplicated procedures, or productionslowing processes, that can
be altered?
Cost Cutters Are Problem Solvers
SELF-CHECK 9.3-1
Direction: Read the questions carefully and answer intelligently. Write the answer on your answer
sheet.
1. Why is it importance to save company money?
2. How is it to reduce expenses?
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ACKNOWLEDGMENT
1. https://neilpatel.com/blog/perfect-entrepreneurialattitude- according-science/
2. https://blog.orangescrum.com/2018/12/how-does-resourceutilization-help-to-improve-
business-performance.html
3. https://www.monster.ca/career-advice/article/easy-tips-to-save- your-company-money
4. ttps://www.investopedia.com/terms/e/entrepreneur.asp
5. https://www.prosymmetry.com/blog/resource-utilization/
6. https://www.inc.com/guides/2010/09/5 -ways-to-improve- quality.html