Question

In: Operations Management

Employees and Entrepreneurs share many skills, mindsets and values. Even if you are employed by an...

Employees and Entrepreneurs share many skills, mindsets and values. Even if you are employed by an organization, you may have an entrepreneurial mindset and entrepreneurial traits. How do you envision yourself within an organization, as an employee or as an entrepreneur? Discuss the traits and values that support your response and the similarities and differences in your choices with your classmates.

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Expert Solution

Solution:

Entrepreneurs and Employees both do have certain key characteristics that are present mutually. The employee or an entrepreneurs will have characteristics that will be beneficial for the organization as a whole. This is why even organizations prefer to have employees who have entrepreneurial bent of mind and employ them in their oeganization to ensure the innovative spirit of an entrepreneur is made available in the organizationbenefitting the people working under such entrepreneurial employees. This is why organizations focus very much whilehiring individuals andcheck for their traits which should align with that of entrepreneurial bent of mind.

Some of the key traits that are helpful fororganization are the innovative mindset, creativity, never give up attitude, broad scope of thinking and being able to understand almost all the functions of the business and hence understand the important aspects of the business and lastly the leadership qualities of entrepreneurs will definitely help the companies make the most of them. These traits are extremely important for any organization to create in house leaders who can lead the organization. This is why organization woild want to have these qualities in their employees to benefit the business as a whole.

Hence, the entrepreneurial bent of mind if extremely lucrative for any business to have and this is why businesses invest in hiring entrepreneurs as their employees so that the organization benefits the most out of their employees. Hence, this is how entrepreneurs and employees are share the skills that are most important for the organization to grow and sustain the business.


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