Why Entrepreneurs Need Management Development
Experienced managers, management trainees and particularly entrepreneurs will achieve far greater success if they pay attention to personal and professional development.
First, it will be instructive to take a look at what makes an entrepreneur tick and much of this applies to managers who are building high-performance business units.
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If we take a closer look at the characteristics of the entrepreneur, we see many factors that can be associates with management skills:
- Leadership – Transnational or Transformative
- Skills like developing, analyzing, marketing to name a few
- Entrepreneurs Comments like decision making, perseverance, inspiration.
Underlying all of these in different degrees are management skills and methods, concepts and attributes. Any aspiring entrepreneur or manage would do well to make a skills assessment in many of these areas. Once complete, a professional development program can be developed. This puts anyone with the drive to grow and develop on the right track.