Assignment: Entrepreneurial Operational Competencies
Luck or skill? Which do you think it takes to successfully open and operate a small business? It may just be a little of both. While you cannot improve your chances of luck, you can always improve your skills. The self-assessment you will perform this week will assist you in assessing your entrepreneurial competencies.
For this Assignment, take the competency self-assessment in Skill Module 2.2 in your Entrepreneurial Small Business textbook. (Attached, Chapter 2, Page 33 and 34)
Next, have two other individuals complete the assessment with you in mind. The individuals should know you well enough, either professionally or personally, to be able to complete the task. (Attached)
Submit a 2-page paper, be sure to address the following:
- In what areas do you believe you have excellent entrepreneurial competencies?
- How might you describe your skill set in order to emphasize these areas of personal excellence?
- In what areas do you think you need development or refinement?
- How do your results compare to the individuals who completed the assessment on your behalf? Are there any similarities among the results? Are there any significant differences?
- Finally, identify at least three opportunities, jobs, courses, or other learning experiences that could help improve your entrepreneurial competencies.
Resources
Katz, J., & Green, R. (2021). Entrepreneurial small business (6th ed.). McGraw-Hill.
- Chapter 3, “Small Business Environment: Managing External Relations”
Chapter 3 focuses on the primary elements of the small business environment, and examines techniques and strategies for analyzing and managing external relations.
Focus on the steps of ethical decision making.
- Chapter 1, “Small Business: Varieties and Impacts”
Chapter 2 concentrates on the five entrepreneurial personality types, and explores the necessary competencies needed for success. Additionally, the chapter identifies the typical career paths for entrepreneurs, and focuses on three types of entrepreneurs that face unique challenges.
Focus on entrepreneurial personality types, and the operational competencies successful entrepreneurs possess.
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