My Entrepreneurial Skills Improvement Plan
Goal Setting
| What I intend to learn/improve | Activities | How I will measure my success | Review Date |
| Learn and improve on my knowledge and skills for leading in external business activities | – Complete a short course on Monitoring and Evaluation. – Complete a short course on Company Managers Development Program – Get to know and build trust and confidence with renowned business leaders. – | – Company Manager’s Development Program assessment report – Self-appraisals – Informal and formal appraisals – Attendance and completion of specified training programs. | End of July 2020 |
| Improve my understanding of leadership in business | – Observe how experienced managers lead their teams and earn their trust and friendship | – Performance and mentoring appraisals. | End of June 2020 |
| Personal fitness improvement | – Develop a fitness program – Participate in fitness training on specified days and at specified times | – Improvement of fitness levels – Improvement in personal fitness test-scores. | – Annually – Bi-annually – Quarterly |
| Improve my core business skills | – Complete mandatory skills on organizational updates (CPD) | – Completion of training | B-annually |
| Build Management and leadership confidence | – Volunteers to lead ad-hoc projects so as to gain experience and credibility | – Feedback from project sponsors and team members | At the completion of projects |
| Improve decision-making/planning skills | – Gain experience in business analysis processes – Use gained experience in volunteer working environments to improve my decision-making and planning skills in complex situations. | – Company Manager’s Development Program assessment report
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Challenges that made me want to develop the above Skills
As a leader in my organization, I have come to realize that the business environment is changing rapidly. Environmental, political, legal, economic, technological, and social factors are increasingly and rapidly shaping the business environment. These rapid and complex challenges make it difficult for me (and many other entrepreneurial leaders) to understand, interpret, and respond to challenges in our business environment. The changing business landscape is also affecting us, leaders, in tremendous ways because we constantly have to deal with shifting lifestyles and priorities of employees. The modern workforce is rapidly changing the way business should be done. In the past, business leaders did not have to deal, for example, with mixed races of employees. Technological advancements are also affecting business operations through innovations such as social media and web 2.0. With increased completion, customer preferences are also changing because they now have access to a variety of choices. This means that if leaders do not improve our leadership skills, we will not be able to survive these rapid changes in the business environment. These are the challenges that drove me into developing the above entrepreneurial leadership skills and wanting to improve on them always.
Importance of Acquiring the above Skills
As explained above, the business environment is rapidly changing. By acquiring the above skills, therefore, I will not only be in a better position to lead my teams to success, but I will also be in a position to understand and interpret environmental changes in business environments and incorporate the same into decision-making processes. These skills will enable me to also be a good team and project leader in my future career as a business leader. As a leader, I understand that I will only be able to respond to environmental changes in my career by learning and improving on the skills to identify, understand, interpret, and incorporate the changes into strategic decision making. The above skills will put me in a better position to do so.
References