- working with working staff to set up strategies, models and frameworks. - Setting client administration measures & assuring that the current standards satisfy the customers & helps retaining them. • Coordinating with the workers themselves can help effectively in setting appropriate models for the procedures & systems because they are the ones who interact directly with raw materials and producing the products, so they would know better if anything in manufacturing needs improvement or so. • It is important to satisfy the current customers in different possible ways in order to retain them which eventually leads in attracting more customers as well.
The person that I chose to be my entrepreneur is Travis Haley. To start his career, Travis enlisted in the Marine Corps after high school. He made his way through training and eventually ended up being part of Marine Force Reconnaissance. After 14 years of dedicated serving, he left the Marines. He then went into the private sector.
For a business to run effectively, they must first hire quality
When a company’s employees are satisfies they work loyally to the company. Reference • http://forums.beyond.ca/showthread/t-351634.html •
An entrepreneurship or working for a business involves organization and being familiar with the functions, types and levels of management (Bethel University, 2011). Planning, organizing, leading, and controlling are relevant to the business of any organization or company. The roles performed by each leader and employee determine the success the organization may have. When a company is providing a product or service to the public, how it handles challenges day to day either drives the company to success or causes a business to fail. How do these factors affect establishments today?
I make a very good team member to work with and always try to do the best of my abilities in any group I am a part of. Commitment to me is defined as being one hundred percent devoted. Commitment involves being punctual, determined, and being a leader. I would be committed to the Spanish Honor Society by being responsible, organized, and having respect for others.
In my opinion I display characteristics of the Enterprising, Conventional, and Social Occupational Themes. I am lead to this opinion by agreement with the descriptions of both Enterprising and Conventional themes. The Strong Interest Inventory Assessment I completed stated Enterprising theme potential skills as “verbal ability, ability to motivate and direct others.” I have been able to motivate and direct others through management, volunteer work, coaching, and many other activities in my life. I enjoy being able to envision, direct, and see an idea or project come together.
Big Five Personality Traits The five personality dimensions OCEAN are Openness, Conscientiousness, Extraversion, Agreeableness and Neuroticism. This were defined as follow, according to Crissy (2011), Openness is the capability of appreciating art, emotion, adventure, unusual ideas, imagination, curiosity, and variety of experience. The characteristics such as imagination and insight, and those high in this trait also tend to have a broad range of interests were the traits feature in this dimension. Next is Conscientiousness this is the persons tendency to show self-discipline, act dutifully, and aim for achievement; planned rather than spontaneous behavior..
EXECUTIVE SUMMARY Zara can be identified as one of the largest international fast-fashion organizations which is owned by the fashion group Inditex. Their first store was opened in 1975 and from that point of time, they have had an unstoppable growth throughout the years as up to now. After 42 years of operations, today Zara has been able to expand themselves with 2169 stored over 82 countries all over the world. Rather than they were a high fashion brand in the country, Zara has focused themselves as a fast fashion brand where they will change their fashions at a great pace where no one can reach them. Also, the most attractive thing is that all those latest fashion designs are introduced to the public at an affordable price.
ORGANIZATIONAL STRUCTURE & DESIGN KFC share in a divisional structure of Yum! Brands, Inc. Pizza Hut, Long John Silver’s, Taco Bell and A&W are the other divisions Offers spots to many people; good for senior executives Eager, alert, and flexible to growth and change KFC makes everything to be recognize and provide money to Yum! Brands, Inc. Chick-fil-a is KFC’s biggest competitor, and quickly growing in popularity. Other competitors include AFC Enterprises and McDonald’s CULTURE Big on diversity in the office
Commitment and Trust Trust is the foundation of every good relationship and helps to create a healthy work environment. According to Heathfield (2002), trust is the necessary precursor to the following: • Feeling able to rely upon another person • Cooperating as a group • Taking thoughtful risks • Experiencing believable communication Once trust is established, it enables the work and communication more effective. They will be committed to compromise and work towards the share goals. Hence, managers have a better opportunity to accomplish the company’s goals. Figure 2 Trust Equation
Employee Empowerment Employee empowerment involves the workforce being provided with a greater degree of flexibility and more freedom to make decisions relating to work. Individuals are allowed to take personal responsibility for improving the way they do their jobs and contribute to the achievement of organizational goals. The four dimensions of empowerment in accordance to Spreitzer’s (1995) study are defined as follows: i. Meaning: The value one places on the importance on a given job, based on the individual’s own standards and ideals (Thomas and Velthouse, 1990) ii. Competence: The ability or capability of the individual to perform tasks or responsibilities assigned.
The Big Five Personality Traits are divided into five broad characteristics, which is basically used to describe the variations of human personality. The various characteristics are: • Openness • Agreeableness • Conscientiousness • Neuroticism • Extraversion This model has gained particular popularity as it shows the different traits in a person which comes up with the situational change around the person. Shritika is an entrepreneur by profession and thus meets a lot of client in her workplace. Thus, she shows the trait of Conscientiousness in her behavior of enjoying her work and meeting up new clients is a part of her job role.
According to research, most successful entrepreneurs have certain personal attributes in common. They include determination, leadership, flexibility, creativity, self-confidence, passion, and ‘smarts’. Possessing these personal attributes is just a start, executing them properly and to maximum is what we expect from an entrepreneur. Though, you must have a vision and execute it consequently.
Entrepreneurship in the Philippines is currently booming and one of the best things a person can do today is start taking action in putting up its own business or acquiring a franchise (Louren, 2017). Entrepreneurship is a state of mind. It is not identified or measured with the type of business a person is in the success of that business but rather it is the total way of life for entrepreneurs. Being an entrepreneur requires distinct personality traits such as having a risk-taking personality, need for achievement, internal focus of control, tolerance for ambiguity and having a type A behavior or striving to achieve more in less time and general competitiveness (Gilles and Mondejar, 2008). Entrepreneurship has been described as the “capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit” (www.businessdictionary.com).
