Enterprise Skills - Chapter 13

Innovative/creative, determined, hard working, proactive, analytical, optimistic, ambitious/motivated, realistic, risk-taker, self-confident, flexible/adaptable, decisive.

Enterprise is the act of doing something new and challenging, taking the initiative and being prepared to take the risk. It involves creatively generating and building ideas, identifying opportunities for innovation, and turning them into practical actions.

Personal Enterprise, Community Enterprise, Business Enterprise.

An entrepreneur owns the enterprise, sets up the business, takes risks, and takes profit or loss. A manager is an employee, runs the business, takes no risk, earns a salary, and implements policies.

Forming, Storming, Norming, Performing, Adjourning/Transforming.

Sharing ideas, sharing the workload, decision-making, sharing experiences, skills, and strengths, shared responsibility, faster work completion, improved interpersonal and communication skills.

Some members may dominate, finding a team leader can cause disputes, training may be required, consultation can delay decision-making, some members may not contribute equally.

Sense of responsibility, self-confidence, concern for task completion, ability to handle stress, energy/enthusiasm, motivational ability, persistence/determination, capacity to coordinate efforts, ability to assess and take risks, good communication skills, creativity/innovation, ambition.

A SWOT analysis involves examining your strengths, weaknesses, opportunities, and threats.

Leadership skills, decision-making skills, creative skills, ability to assess risks, human relations skills, planning skills, communication skills, time management skills, ability to deal with conflict.