TLE PEC's. Flashcards
PEC’s.
Personal Entrepreneurial Competencies.
Refer to the aggregate of the knowledge, skills, abilities, and personal attributes that are observable and measurable and are considered vital to anyone who aspires to organize and manage a business or an enterprise.
PEC’s.
Dimensions of PEC’s.
Achievement Cluster
Planning Cluster
Power Cluster.
Attainment of successful results. Seeking opportunities, persisting, taking risks, committing to the work contract, and demanding quality and efficiency.
Achievement Cluster.
Achievement Cluster Things.
Commitment to the Work Contract.
Opportunity Seeking
Persistence
Risk-taking
Demand for Quality and Efficiency.
The entrepreneur develops the habit of keeping his/ her eyes and ears open for innovative ideas. He/she identifies information that may be exploited to bring new opportunities.
Opportunity Seeking.
Identify the PEC Cluster and type:
Look, need to be done,
need to be done, asked by others.
challenges, new,
know well,
and try things that are new and very different from what I have done before.
Achievement Cluster, and Opportunity Seeking.
Running a business is not a bed of roses. There are a lot of challenges along the way. A good entrepreneur must have the persistence to stay in the business. In spite of the opposition or importunity, he/she must go on resolutely in doing what must be done to achieve his/her goal for the business.
Persistence.
Identify the PEC Cluster and type:
Faced difficult problem, time, solution.
Several times, people, I like them to do.
Gets in the way, keep trying to accomplish.
Major difficulties, quickly go to other things.
Several ways to overcome things, in the way of reaching my goals.
Achievement Cluster, Persistence.
Must have the courage to take —, and the wisdom to know when — are worth taking.
Risk-taking.
No business without?
Risks.
Identify the PEC Cluster and type:
Control the outcomes as much as possible.
Not try something new, without making sure I will succeed.
Weigh my chances of succeeding or failing before I decided to do something.
Things that are —.
I do things that others consider —.
Achievement Cluster, Risk-taking.
A business enterprise takes on a legal entity. It has a personality of its own. An entrepreneur understands this concept and he/she agrees to work for the business and commits his/her time and energy for the business to succeed.
Commitment to the Work Contract.
A binding agreement between two or more parties.
Contract.
Identify the PEC Cluster and type:
Identify the PEC Cluster and type:
Identify the PEC Cluster and type:
Complete work on time.
I keep the promises I make.
I am happy to do someone else’s work, if necessary.
When doing a job for someone, I make a special effort to make sure that person is
Family and personal life are more important to me than work deadlines I set for myself.
Achievement Cluster, Commitment to the Work Contract.
An entrepreneur makes certain legal and professional demands from himself/herself and from the people hired by the company. He/she understands that he/she owes it to the company to promote and maintain the quality of the products and services produced and offered by the company. The entrepreneur is also aware that efficiency is equally as important as quality. He/she sees to it that the business runs efficiently in order for it to achieve its goal.
Demand for Quality and Efficiency
Identify the PEC Cluster and type:
It bothers me when things are not done very well.
My own work is better than what other people work with.
It bothers me when time is wasted.
I am never entirely happy with the way things are done. I always think there must be a better way.
Find ways to complete tasks faster at work and at home.
Achievement Cluster, Demand for Quality and Efficiency
Refers to behaviors that focus on preparing for the desired outcome by setting goals, seeking information, developing and applying plans, and monitory the progress of these plans.
Planning Cluster.
Knows that he/she must achieve something in order for his/her business to succeed. Wants the business to achieve. Must know how to set —, must ensure that — are specific, measurable, attainable, realistic, and time-bound.
Goal Setting.
Identify the PEC Cluster and type:
I like to think about the future.
It is a waste of time to worry about what to do with your life.
The more specific I can be about what I want out of life, the more chances I have to succeed.
I am as concerned about meeting my weekly goals as I am for my yearly goals.
I have a very clear plan for my life.
Planning cluster, Goal Setting.
Planning Cluster things.
Goal Setting
Information Seeking
Systematic Planning and Monitoring.
Knowledge is power and it comes from data and information. An entrepreneur, who plans to succeed in his/her choses business endeavor, continuously — that will be useful and beneficial in the running of his/her enterprise.
Information Seeking
