Entrepreneurs' Profile: Men vs Women Entrepreneurs
The Four Competences Power Point Presentation by: RLN SESSION - 3 2014 by RLN Self publishing (ratnalnugroho@telkomuniversity.ac.id) 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. S1_Entrepreneurship Men vs Women RLN_Telkom University_FEB_S1_MBTI International_E-ship 2 S1_Entrepreneurship RLN_Telkom University_FEB_S1_MBTI International_E-ship 3 S1_Entrepreneurship RLN_Telkom University_FEB_S1_MBTI International_E-ship 4 S1_Entrepreneurship Men vs Women RLN_Telkom University_FEB_S1_MBTI International_E-ship 5 S1_Entrepreneurship Men vs Women RLN_Telkom University_FEB_S1_MBTI International_E-ship 6 S1_Entrepreneurship Men vs Women RLN_Telkom University_FEB_S1_MBTI International_E-ship 7 S1_Entrepreneurship RLN_Telkom University_FEB_S1_MBTI International_E-ship 8 S1_Entrepreneurship Who are the best entrepreneurs, men or women? RLN_Telkom University_FEB_S1_MBTI International_E-ship 9 men or women? S1_Entrepreneurship Men vs Women Men and Women live in the same world, so why do they see it so differently? RLN_Telkom University_FEB_S1_MBTI International_E-ship 10 S1_Entrepreneurship Gender is not a factor in new venture performance. Yet this study and others identify significant differences RLN_Telkom University_FEB_S1_MBTI International_E-ship 11 others identify significant differences between the sexes in the approach and rationale for running ventures. S1_Entrepreneurship We know little girls love their dolls and boys just want to kick that ball. This doesnt mean men cant take care of babies or women cant play sports. It just means each gender has its own energy that flows in a RLN_Telkom University_FEB_S1_MBTI International_E-ship 12 It just means each gender has its own energy that flows in a specific direction. S1_Entrepreneurship 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 RLN_Telkom University_FEB_S1_MBTI International_E-ship 13 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. S1_Entrepreneurship 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?) RLN_Telkom University_FEB_S1_MBTI International_E-ship 14 Personality: tend to be energetic, goal-oriented, and independent. More confident (?), less flexible and tolerant (?) Personality: tend to be energetic, goal- oriented, and independent. S1_Entrepreneurship MEN vs WOMEN ENTREPRENEURS RLN_Telkom University_FEB_S1_MBTI International_E-ship 15 S1_Entrepreneurship Different management styles driving the new venture (?) MEN vs WOMEN ENTREPRENEURS RLN_Telkom University_FEB_S1_MBTI International_E-ship 16 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. S1_Entrepreneurship MEN vs WOMEN ENTREPRENEURS Men and women are equal, but different. Theyve each been blessed with amazing and unique qualities that they bring to the table. RLN_Telkom University_FEB_S1_MBTI International_E-ship 17 qualities that they bring to the table. S1_Entrepreneurship RLN_Telkom University_FEB_S1_MBTI International_E-ship 18 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 S1_Entrepreneurship 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 RLN_Telkom University_FEB_S1_MBTI International_E-ship 19 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. S1_Entrepreneurship 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 RLN_Telkom University_FEB_S1_MBTI International_E-ship 20 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. S1_Entrepreneurship FOUR CATEGORIES (1) 1. Intrapersonal Competence 2. Interpersonal Competence 3. Technical Competence RLN_Telkom University_FEB_S1_MBTI International_E-ship 21 3. Technical Competence 4. Entrepreneurial Competence S1_Entrepreneurship Self-control Hard Work Willingness to work FOUR CATEGORIES (2) 1. Intrapersonal Competence RLN_Telkom University_FEB_S1_MBTI International_E-ship 22 Negotiating everyday Person to person relations Norms and values in community and business 2. Interpersonal Competence S1_Entrepreneurship Ensuring the smooth operation of commercial activities FOUR CATEGORIES (3) 3. Technical Competence RLN_Telkom University_FEB_S1_MBTI International_E-ship 23 4. Entrepreneurial Competence S1_Entrepreneurship RLN_Telkom University_FEB_S1_MBTI International_E-ship 24
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