Entrepreneurial Skills for Competitive Advantage

As organisational environments become increasingly complex and dynamic, entrepreneurship is expected to become more and more important for achieving and sustaining competitive advantage. Managers with entrepreneurial ability are vital to the sustainability and growth of a business. This course will help you develop your entrepreneurial ability and show you how to recognise and nurture entrepreneurial ability in your team.

Suitability: who should attend?

It is recommended for managers at any level who would like to further develop their entrepreneurial skills and improve competitive advantage and business growth within their organisation. The course is suitable for managers from any size organisation, from sole traders to multinationals. It is also applicable to managers from all three sectors, namely private, public, and not-for-profit.

Aims of the course

By the end of the course, you will be able to:

• Understand why entrepreneurship is so important for modern organisations.
• Gain a better understanding of the competencies needed to be an entrepreneur.
• Explore the extent to which you are currently behaving in an entrepreneurial way.
• Learn how to be more entrepreneurial.
• Learn how to facilitate and encourage an entrepreneurial culture within your team.

Training course content

This training course is designed to cover the following topics:

What is an entrepreneur?

• The personality characteristics of entrepreneurs
• What can we learn from elite entrepreneurs?
• Why entrepreneurial skills are more effective than entrepreneurial skills

Identifying entrepreneurial ability

• What to look for with the naked eye

Managing Risk

• What do we mean by "managing risk," and why is it important to entrepreneurship?

How can you create a team environment where entrepreneurship will flourish?

• What organisational factors will you need to influence in order to facilitate entrepreneurial behaviour?
• Promoting autonomy and individual discretion
• Promoting a team culture that understands and manages risk