Week 1 - Stein Learn to manage people identify talent and...

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Unformatted text preview: Stein Learn to manage people, identify talent and bring talent in, foster team spirit, understanding finances Loynd accounting and importance of knowing how to read profit and loss, balance sheet, Lesson: Introduction to course Business is an art not a science. Entrepreneurship : Innovation and creation. Is a management style that involves pursuing opportunity without regard to the resource currently controlled by identifying opportunity, assembling required resources, implementing a practical action plan and harvesting the rewards in a timely flexible way. Skills: creativity and opportunity evaluation, real-time strategy and decision making, comfort with change and chaos, teamwork, evangelism (selling, negotiation, motivation through influence and persuasion), oral and written communication, start-up finance and accounting Intrapreneurship : practice of using entrepreneurial skills without taking on the risk or accountability associated with entrepreneurial activities (Large enterprises encourage entrepreneurial initiatives by employees)...
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