![Page 1: The Entrepreneurial Manager Skills for managers of entrepreneurial ventures](https://reader036.vdocument.in/reader036/viewer/2022073103/56649eaa5503460f94baffa2/html5/thumbnails/1.jpg)
The Entrepreneurial Manager
Skills for managers of entrepreneurial ventures
![Page 2: The Entrepreneurial Manager Skills for managers of entrepreneurial ventures](https://reader036.vdocument.in/reader036/viewer/2022073103/56649eaa5503460f94baffa2/html5/thumbnails/2.jpg)
Skills for building an entrepreneurial culture
Interpersonal skills that involve the ability to• create a climate conducive to high performance• use a consensus approach to build a motivated
and committed team• understand relationships among tasks and
between leaders and followers• lead in situations as appropriate, e.g., supervise
and control activities of others through directions, suggestions, cajoling, etc.
![Page 3: The Entrepreneurial Manager Skills for managers of entrepreneurial ventures](https://reader036.vdocument.in/reader036/viewer/2022073103/56649eaa5503460f94baffa2/html5/thumbnails/3.jpg)
Other management competencies
• Administration• Law and taxes• Marketing• Operations / production• Finance• Technical skillsBlue text represents team roles most of you will use for your planning
![Page 4: The Entrepreneurial Manager Skills for managers of entrepreneurial ventures](https://reader036.vdocument.in/reader036/viewer/2022073103/56649eaa5503460f94baffa2/html5/thumbnails/4.jpg)
Administration
• Problem solving• Communications• Planning• Decision making• Project management• Negotiating• Managing outside professionals• Personnel administration
![Page 5: The Entrepreneurial Manager Skills for managers of entrepreneurial ventures](https://reader036.vdocument.in/reader036/viewer/2022073103/56649eaa5503460f94baffa2/html5/thumbnails/5.jpg)
Law and taxes
• Corporate and securities law• Contract law• Laws relating to IP• Tax law• Real estate law• Bankruptcy lawYou will almost always hire outside counsel to perform these duties
![Page 6: The Entrepreneurial Manager Skills for managers of entrepreneurial ventures](https://reader036.vdocument.in/reader036/viewer/2022073103/56649eaa5503460f94baffa2/html5/thumbnails/6.jpg)
Marketing
• Market research and evaluation• Marketing planning• Product pricing• Sales management• Direct selling• Service management• Distribution management• Product management• New product planning
![Page 7: The Entrepreneurial Manager Skills for managers of entrepreneurial ventures](https://reader036.vdocument.in/reader036/viewer/2022073103/56649eaa5503460f94baffa2/html5/thumbnails/7.jpg)
Operations / production
• Manufacturing management• Inventory control• Cost analysis and control• Quality control• Production scheduling and flow• Purchasing• Job evaluation
![Page 8: The Entrepreneurial Manager Skills for managers of entrepreneurial ventures](https://reader036.vdocument.in/reader036/viewer/2022073103/56649eaa5503460f94baffa2/html5/thumbnails/8.jpg)
Finance
• Raising capital• Managing cash flow• Credit and collections management• Short-term financing alternatives• Public and private equity offerings• Bookkeeping, accounting and control• Other specific skills, such as ability to – Read financial statements– Calculate break-even quantities
![Page 9: The Entrepreneurial Manager Skills for managers of entrepreneurial ventures](https://reader036.vdocument.in/reader036/viewer/2022073103/56649eaa5503460f94baffa2/html5/thumbnails/9.jpg)
Technical skills
• Unique technical skills to a specific venture, such as– Product development and extensions– Technology development for licensing– IP development for competitive advantage