Core Competencies

• What are all of the Core Competencies?

  Opportunity Seeking & Initiative, Persistence, Fulfilling Commitments, Demand for quality and efficiency, Taking Calculated Risks, Goal-Setting, Information Seeking, Systematic Planning & Monitoring, Persuasion & Networking, Independence & Self-confidence
• What core competencies are in the 1st Cluster (Achieving Behaviors)?

  • Opportunity seeking and initiative • Persistence • Fulfilling Commitments • Demand for Quality and efficiency • Taking Calculated Risks
• What core competencies are in the 2nd Cluster (Planning Behavior)?

  • Goalsetting • Information seeking • Systematic Planning and Monitoring
• What core competencies are in the 3rd Cluster (Power Behavior)?

  • Persuasion and networking • Independence and self-confidence
• What are the three clusters?

  1st Cluster: Achieving Behavior, 2nd Cluster: Planning Behavior, 3rd Cluster: Power Behavior
• Opportunity-seeking and initiative: An entrepreneur is someone who SEEKS OPPORTUNITIES and TAKES THE INITIATIVE to transform these opportunities into profitable business situations.
• Persistence: An entrepreneur has the DETERMINATION TO PERSEVERE and an extremely strong desire to ACHIEVE GOALS AND OBJECTIVES.
• Fulfilling of commitments: An entrepreneur always KEEP THEIR PROMISES, no matter how great the personal sacrifice is, and EXERTS EXTRAORDINARY EFFORT to complete a task or project.
• Demand for quality and efficiency: An entrepreneur is PASSIONATE about his or her work, and obsessed by the NEED TO IMPROVE product or service quality, do something better, faster, or cheaper.
• Taking calculated risks: An entrepreneur is willing to TAKE RISKS & TAKE ACTIONS TO CONTROL the outcomes.
• Goal-setting: An entrepreneur SETS GOALS & OBJECTIVES that are personally meaningful and challenging, clear and specific, and measurable and time-bounded.
• Information-seeking: An entrepreneur personally SEEKS INFORMATION from customers, suppliers, and competitors, and does personal research or consults experts for business, product, or technology development.
• Systematic planning and monitoring: An entrepreneur PLANS IN AN ORDERLY & LOGICAL WAY, and keeps financial and business records to use them to make decisions.
• Persuasion and networking: An entrepreneur EMPLOYS DELIBERATE STRATEGIES to INFLUENCE and PERSUADE people to follow him or her, and takes action to develop and maintain a network of business contacts.
• Independence and self-confidence: An entrepreneur TAKES TOTAL RESPONSIBILITY for making things happen, and seeks autonomy from the rules and control of others.