Entrepreneurial
Behavior and
Competencies
Prepared by: Ms. Romelyn C. Tapoc
01
Entrepreneurship
WHAT
IS
ENTREPRENEURSHIP
?
IN YOUR OWN WORDS AND UNDERSTANDING
Entrepreneurship
- life skill that readies a
person to manage the vague
and undefined future in the
business environment.
IN YOUR OWN WORDS AND UNDERSTANDING
ENTREPRENEURSHIP
VIEWS
1
PREDICTIVE APPROACH
Entrepreneurship is a linear process
where there are steps to do and the
results are usually predictable.
(Traditional Entrepreneurship)
TRADITIONAL APPROACH
- supported by predictive approach.
Entrepreneurs using the predictive approach
identify the goals they wanted to attain and
search for available resources.
This approach works best during time of
ambiguityb and when there is enough
information where to base decisions.
TRADITIONAL APPROACH
Most companies use predictive approach
because they have predetermined goals
their problems are clear and they are in
possession of dependable and
accessible information. They easily make
changes but does not guarantee
success.
2
CREATION APPROACH
Entrepreneurship is a mindset and a
method that needs practice and used
only when the future is unpredictable
and uncertain.
CREATION APPROACH
Entrepreneurs who use creation
approach make use of the resources
available at hand. They are persistent.
WHAT IS THE
DIFFERENCE OF
PREDICTIVE AND
CREATION APPROACH?
GIVEN THE SITUATION
THAT YOU ARE ALREADY
AN ENTREPRENEUR, WHAT
APPROACH DO YOU
PREFER, WHY?
ENTREPRENEURSHIP
IN THE
PHILIPPINES
ENTREPRENEURSHIP IN THE PHILIPPINES
Entrepreneurship has become the solution
to POVERTY through job formation, wealth
creation, and social empowerment.
- The government sees “Entrepreneurship a
sole means to address poverty.
ENTREPRENEURSHIP IN THE PHILIPPINES
The 1987 Philippine Constitution identifies
ENTREP as an instrument to economic
growth.
Article XII Section I states that the role of the
private enterprise in supporting fair
distribution of income and wealth, satisfying
production of goods and services and
escalating productivity.
ENTREPRENEURSHIP IN THE PHILIPPINES
The objective of the government of
economic development and job formation
has been placed in the supervision of
Philippine Development Plan (PDP)
The entrepreneurship is influenced by
integration and fast-paced economic growth.
ENTREPRENEURSHIP IN THE PHILIPPINES
The Philippine Chamber of Commerce and
Industry an agency under the Office of the
President is an advocate of entrep which
formed the Philippine Center for
Entrepreneurship (PCE).
Project: Go Negosyo COMMUNITIES
Stakeholders: Academic, Business and
Government Sectors.
ENTREPRENEURSHIP IN THE PHILIPPINES
ENTREPRENEURSHIP IN THE PHILIPPINES
Today, entrepreneurship is embedded in
school curriculums.
Entrepreneurship is a way of thinking. This
also is a way of motivating innovative
individuals to pursue opportnuities
regardless of risks.
THE SKILLS
IMPORTANT IN
ENTREPRENEURSHIP
WHAT DO YOU THINK
ARE THE
CHARACTERISTICS
NEEDED FOR
ENTREPS?
1. THE SKILL OF PLAY
Usually allows his imagination to explore,
exposes his mind to a treasure of
opportunities and potentials and is very
innovative.
Having fun and being playful makes a
person more attentive, involved, thrilled, and
excited.
1. THE SKILL OF PLAY
They may benefit and enjoy that can boost
relations with others, solving problems,
ideation and other exercises.
2. THE SKILL OF EXPERIMENTATION
This skill allows entrepreneurs to act so as
to learn. Acting to learn means attempting to
do something and learning from such
attempts.
GATHERING DATA AND APPLYING IT
THROUGH ACTION.
2. THE SKILL OF EXPERIMENTATION
This skill allows entrepreneurs to act so as
to learn. Acting to learn means attempting to
do something and learning from such
attempts.
GATHERING DATA AND APPLYING IT
THROUGH ACTION.
2. THE SKILL OF EXPERIMENTATION
3. THE SKILL OF EMPATHY
being sympathetic with the feelings,
situations, purposes, opinions, and wants of
other people. Empathy is putting one’s
shoes in the shoes of others.
EMPATHY IS VITAL TO
ENTREPRENEURS.
3. THE SKILL OF EMPATHY
4. THE SKILL OF CREATIVITY
The skill of creativity means being open-
minded to discover opportunities and
resolve problems.
DISCOVER - FORM
- Based on the resources at hand.
4. THE SKILL OF CREATIVITY
5. THE SKILL OF REFLECTION
Organizes all the four skills. It gives new
perspectives and allow for more
assessment of the results and forming of
conclusion.
WAYS TO DO REFLECTION:::
5. THE SKILL OF REFLECTION
1. Narrative- describing what happened.
2. Emotional- management of feelings.
3. Perceptive- insights, feedback, views.
4. Analytical- rationalizing skills.
5. Evaluative- what went well and wrong.
6. Critical- lessons from experiences,
anticipation.
THE TRUTHS
ABOUT
ENTREPRENEURSHIP
1. NOT SOLELY FOR
START-UPS
2. ENTREPRENEURS DO
NOT HAVE
EXCEPTIONAL
PERSONALITY
QUALITIES
3. ENTREPRENEURSHIP
CAN BE TAUGHT YET
ENTAILS PRACTICE
4. ENTREPRENEURS
ARE NOT SO MUCH RISK
TAKERS
5. ENTREPRENEURS
WORK IN PARTNERSHIP
MORE THAN
COMPETITION
6. ENTREPRENEURS
ARE MORE ON DOING
THAN PLANNING
7. ENTREPRENEURSHIP
IS TRULY A LIFE-SKILL
1. Resilience
2. Agility
3. Negotiating
4. Problem-solving
5. Relationship building
6. Mindfulness
TYPES OF
ENTREPRENEURSHIP
Intrapreneurship
- refers to encouraging people to discover
high-risk, high-reward concepts with the
support of a big corporate organization.
For example:
Google Employees’ impact to Google.
Entrepreneurs Inside
- refers to entrepreneurs functions inside
any type of organization such as
government, non-profit organization,
religious entities, self-employed and
cooperatives big or small.
Buying a Franchise
- refers to buying a license from an
existing branded business to do business
under the name of the brand.
For example:
Fastfood chains, small businesses, Karts,
and all other businesses.
Buying a Small Business
- refers to buying a small business that
has already established its operations and
is already an income generating one with
excitement to possibilities.
For example:
Crochet, Coffee on the go
Social Entrepreneurship
-refers to pursuing innovative applications
that have the likelihood of solving
community-based problems. Produces
environment-friendly products.
For example:
BAYANI BREW
FAMILY BUSINESS
-refers to pursuing business from
generation to generation. Innovation each
generation.
For example:
Restos, Hotels, Coffee Shops
SERIAL ENTREPRENEURS
-refers to pursuing business from startups
with fresh ideas.
For example:
Kangkong Chips, Messy Cookies
MANAGERIAL AND
ENTREPRENEURIAL
THINKING
MANAGERIAL THINKING
uses data and information for decision-
making.
For example:
Number of Customers, Weather Updates
MANAGERIAL THINKING
- Manage and mitigate risk;
- Safeguards inventions and insights;
- Avoid failing;
- Work within the confines of the current
environment; and,
- Increase the bottomline
ENTREPRENEURIALTHINKING
Identifies opportunities and discover ways
to take advantage of them.
For example:
Peak season, Summer
“Entrepreneurship
requires deliberate
practice.”
End of Week 1-2
References:
Entrepreneurial Mindset
ISBN: 978-621-427-083-5
Prof. Angelita Ong Camilar- Serrano, PhD-BM,MBA, CMC
