e-ship session-3 18.06 student (1)
DESCRIPTION
EntrepreneurshipTRANSCRIPT
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S1_Entrepreneurship
Entrepreneurs' Profile: Men vs Women Entrepreneurs
The Four CompetencesPower Point Presentation
by: RLNSESSION - 3
© 2014 by RLN
Self publishing ([email protected])
ALL RIGHTS RESERVED. Any unauthorized reprint or use of this material is prohibited. No part of this class material may be reproduced or transmitted in any form or by any means, electronic or
mechanical, including photocopying, recording, or by any information storage and retrieval system without express written permission from the presenter.
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Men vs Women
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Men vs Women
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Men vs Women
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Men vs Women
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“Who are the best
entrepreneurs,
men or women?”
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men or women?”
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Men vs Women
Men and Women live in the same world,
so why do they see it so differently?
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Gender is not a factor in new venture
performance. Yet this study and
others identify significant differences
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others identify significant differences
between the sexes in the approach
and rationale for running ventures.
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We know little girls love their dolls and boys just want to kick
that ball.
This doesn’t mean men can’t take care of babies or women
can’t play sports.
It just means each gender has its own energy that flows in a
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It just means each gender has its own energy that flows in a
specific direction.
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� Motivated by the drive which often stems from
disagreements with their bosses or a feeling that they
can run things better.
MEN vs WOMEN ENTREPRENEURS (1)
� Tend to be more motivated by independence and
achievement arising from job frustration.
� The transition from a
past occupation to the new
venture is often facilitated
� Often leave a previous
occupation with only a high
level of enthusiasm for the
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venture is often facilitated
when the new venture is an
outgrowth of a present job.
level of enthusiasm for the
new venture rather than
experience, making the
transition more difficult.
� Start-up financing: investors, bank
loans in addition to personal funds.
� Usually rely solely on personal
assets or savings.
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MEN vs WOMEN ENTREPRENEURS (2)
� Occupationally:
often are recognized specialists in their fields or
have attained competence in a variety of business
skills. Their experience is often in manufacturing,
finance, or technical areas.
have administrative experience, usually in more
service-related areas such as education, secretarial
work, or retail sales. (Lower net earnings?)
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� Personality:
tend to be energetic,
goal-oriented, and
independent.
More confident (?), less
flexible and tolerant (?)
� Personality:
tend to be energetic, goal-
oriented, and independent.
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MEN vs WOMEN ENTREPRENEURS
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Different management styles driving the new venture (?)
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� Male-led organizations resembled a
hierarchy or pyramid, in other words
"command and control.“
� Men tended to use more of the left brain
by applying more logic and analysis.
� Women-led organizations tended to use a
lot of nurturing or "motherhood" skills and leaders
preferred to be at the center instead of
alone at the top.
� Women tended to be more right- brained,
applying more intuition, and empathy.
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MEN vs WOMEN ENTREPRENEURS
Men and women are equal, but different.
They’ve each been blessed with amazing and unique
qualities that they bring to the table.
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qualities that they bring to the table.
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Source:
Chan Kwok Bun and Claire Chiang See Ngoh
STEPPING OUT: The Making of Chinese Entrepreneur, National University of
Singapore: Prentice Hall, 1994
Chapter – 10:
The Importance of Being Competent
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Some forty years ago, two
enterprising brothers saw a bright
future for the future of Singapore and
its industries. This foresight led them,
in 1947, to establish Khong Guan
Biscuit Factory (S) Pte Ltd. Today, the
Khong Guan organization spans
South East Asia and exports its
products to the world. Throughout its
� THE HISTORY
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products to the world. Throughout its
history - from small biscuit
manufacturer to one of international
repute - the business philosophy of
Khong Guan remains as it was: to
provide quality products at a
reasonable price.
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THE IMPORTANCE OF BEING COMPETENT
Competence:
The ability to act with initiative, creativity, the power of self-determination, insight, flexibility and intelligent response to new condition; to move, that is, away from indoctrination and habit formation toward
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from indoctrination and habit formation toward development of broadly useful traits and skills enabling him to meet a variety of social demands.
--- Brim, Orville G and Wheeler, Stanton,Socialization after Childhood: Two Essays
(New York: John Wiley and Sons, 1966), p. 20.
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FOUR CATEGORIES (1)
1. Intrapersonal Competence
2. Interpersonal Competence
3. Technical Competence
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3. Technical Competence
4. Entrepreneurial Competence
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� Self-control
� Hard Work
� Willingness to work
FOUR CATEGORIES (2)
1. Intrapersonal Competence
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� Negotiating everyday
� Person – to – person relations
� Norms and values in community
and business
2. Interpersonal Competence
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Ensuring the smooth operation of
commercial activities
FOUR CATEGORIES (3)
3. Technical Competence
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4. Entrepreneurial Competence
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