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    Lesson 2 - Skills & COre Competencies in Entrep.

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    Teacher Flo
    This document discusses the essential entrepreneurial skills needed to successfully practice entrepreneurship. It identifies three main categories of skills: cognitive skills involving mental abilities like problem-solving and innovation; technical skills relating to areas like IT, business plans, marketing and finance; and interpersonal skills concerning relationship-building, communication and negotiation. The document provides examples and descriptions of skills within each category to illustrate the full range of abilities required of entrepreneurs.

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    Lesson 2 - Skills & COre Competencies in Entrep.

    Uploaded by

    Teacher Flo
    385 views18 pages
    This document discusses the essential entrepreneurial skills needed to successfully practice entrepreneurship. It identifies three main categories of skills: cognitive skills involving mental abilities like problem-solving and innovation; technical skills relating to areas like IT, business plans, marketing and finance; and interpersonal skills concerning relationship-building, communication and negotiation. The document provides examples and descriptions of skills within each category to illustrate the full range of abilities required of entrepreneurs.

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    This document discusses the essential entrepreneurial skills needed to successfully practice entrepreneurship. It identifies three main categories of skills: cognitive skills involving mental abilities like problem-solving and innovation; technical skills relating to areas like IT, business plans, marketing and finance; and interpersonal skills concerning relationship-building, communication and negotiation. The document provides examples and descriptions of skills within each category to illustrate the full range of abilities required of entrepreneurs.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    385 views18 pages

    Lesson 2 - Skills & COre Competencies in Entrep.

    Uploaded by

    Teacher Flo
    This document discusses the essential entrepreneurial skills needed to successfully practice entrepreneurship. It identifies three main categories of skills: cognitive skills involving mental abilities like problem-solving and innovation; technical skills relating to areas like IT, business plans, marketing and finance; and interpersonal skills concerning relationship-building, communication and negotiation. The document provides examples and descriptions of skills within each category to illustrate the full range of abilities required of entrepreneurs.

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    © All Rights Reserved
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    SKILLS & IN

    ENTREPRE-
    NEURSHIP
    At the end of this lesson, the
    learner should be able to

    1.Identify the
    entrepreneurial skills.
    To practice entrepreneurship correctly,
    you need the required skills to help you
    deliver and carry out with great ease the
    principles of entrepreneurship.
    ENTREPRENEURIAL SKILLS

    - SKILLS are considered as the personal


    abilities to do things well.
    - Skills come from the totality of the
    knowledge, practice or experience and
    aptitude of a person.
    a natural ability to do something.
    ENTREPRENEURIAL SKILLS

    1. COGNITIVE SKILLS

    2. TECHNICAL SKILLS

    3. INTERPERSONAL SKILLS
    Cognitive

    COGNITIVE SKILLS Skills

    - Mental ability of the entrepreneur to


    learn new things, generate new ideas, and
    express knowledge in both oral and
    written forms.
    - Brain as the center of cognitive skills
    The cognitive skills of an entrepreneur
    include the following:
    – Ability to understand written materials
    – Ability to learn and apply new information.
    – Ability to solve problems systematically
    – Ability to create new ideas
    – Ability to innovate new products and procedures
    or methods.
    Examples of Cognitive Skills

    – Word Games
    – Games and Puzzles
    – Card Games
    – Read books, tell jokes and riddles
    – Activities involving hands
    – Ask questions
    PROBLEM-SOLVING SKILL

    – Whatever the nature, type, or size of the business


    problem, the entrepreneur must face it, solve it, and
    make a decision.
    – Scientific approach in solving business problems involves
    1. defining the real problem
    2. gathering information about the problem,
    3. formulating alternative solutions,
    4. evaluating alternative solutions,
    5. selecting & implementing the
    optimal solution and
    6. evaluating the decision
    TECHNICAL SKILLS
    – In this age of advanced computer & information
    technology, entrepreneurs must be fully equipped with the
    right technical skills.
    – In the absence of the technical skills, the output of the
    cognitive skills may not carry any significant value. Without
    the technical skills, an idea will remain to be an idea and a
    business opportunity will remain to be a business
    opportunity.
    – The technical skills focus mainly on the
    mechanical or practical aspect of a person
    rather than his/her abstract or theoretical
    thinking.
    – Learning by doing is the best approach in
    enhancing technical skills
    The technical skills of an entrepreneur include
    proficiency and ability, among others, in the
    following areas:
    – Information technology
    – Feasibility study and business plan preparation
    – Technical writing skills
    – Marketing
    – Management and finance
    INTERPERSONAL SKILLS

    – Are basically about the relationship and


    interaction of the entrepreneur with the workers,
    suppliers, creditors, prospective customers, and
    other members of the business community.
    a. Skills in verbal communication
    b. Skill in non-verbal communication
    a.Skills in listening
    b.Skills in leading
    c.Skills in negotiating
    INTERPERSONAL SKILLS

    – Interpersonal skills are the behaviors and


    tactics a person uses to interact with
    others effectively. In the business world,
    the term refers to an employee's ability to
    work well with others. 
    – Range from communication and listening
    – Example:public speaking,
    Negotiation is a skill that is prized
    in sales, marketing, law, and
    customer service
    KEEP IN MIND

    “To become a successful


    entrepreneur, it is vital for you to
    acquire, develop , and enhance your
    entrepreneurial skills involving the
    COGNITIVE, TECHNICAL AND

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