ORG

Cards (21)

  • HARDWORK

    a successful entrepreneur is one who is willing to work hard from the very beginning of future enterprise
  • SELF-RELIANCE AND IDEPENDENCE
    a successful entrepreneur want to follow his own routine policies and procedures and he does not like to be guide by others, he is found to be self-reliant.
  • HIGHLY OPTIMISTIC
    a successful entrepreneur is always optimistic about his future and he is never disturbed by the presents problems, he always expects the favorable situation for his business.
  • KEEN FORESIGHT
    an entrepreneur must have this to predict the future business environment.
  • PLANNING AND ORGANISING ABILITY
    he must have the ability to bring together all scattered resources required for starting business.
  • INNOVATIVENESS
    when all is said and done, innovation becomes a different task
  • RISK-TAKING
    is not a gambler and hence, he should not assume high risk
  • SECRECY MAINTENANCE
    he must be capable of maintaining and guarding all his business seccrets.
  • MAINTENANCE OF PUBLIC RELATIONS
    it is a vital role to play on a success or failure of an entrepreneur
  • COMMUNICATION SKILLS
    is the secret of the success of most entrepreneurs, good skills point across effectively and with clarity and thereby, helps them to win customers
  • PASSIONATE ABOUT LEARNING
    entrepreneurs are autodidactic learners, which means that much of what they know they learned outside of a formal classroom setting
  • CORPORATE LEVEL
    creating a strategy for the overall wellness of the organization
  • BUSINESS LEVEL
    also known as 'division level' it involves the competitiveness of the organizations from the organizations, and it only deals with one business
  • FUNCTIONAL LEVEL
    'department level', is charged with the responsibility of ensuring that each and every single aspect of the organization is run in the most professional manner
  • STRATEGICAL PLANNING
    is a general plan, includes high-level overview of the entire business, it is the foundational basis of the organization and will dictate a long-term decisions.
  • TACTICAL PLANNING
    specific plan, it includes steps that the organization plans to use to achieve what is outlined in strategic plan
  • CONTINGENCY PLANNING
    are often referred to as 'Plan b' because these are made when something unexpected happen in an organization
  • INDUSTRY EXPERTS
    whether internal or external consultants, a few individuals with extensive experience in a given industry are valuable resources in the planning process
  • CONSULTANTS
    are commonly brought during the strategy formulation and for variety of other reason.
  • INCLUSION OF STAKEHOLDERS
    want as much information as possible from everyone involved
  • OPERATIONAL PLANNING
    day to day running of the company