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"Education is the most powerful weapon which you can use to change the world”
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Business Leadership Analysis

Business Leadership Analysis

Q Prepare a list of experience and skills needed from the leadership team for your business idea to be successful. Complete the Leadership Skills and Know-How Assessment on pp. 205-215 in New Venture Creation: Entrepreneurship for the 21st Century for your leadership team. Use the results to determine the skills needed for the founding team of your business opportunity. Describe a plan for addressing any skill gaps apparent in your team.

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Experience and skills that are needed from the leadership team for the business idea to be successful are effective communication skills, and problem-solving skills, skills to understand promotion and advertising. From the Management Competency Inventory, it has been understood that for the entrepreneurial venture, the management competencies are suitable. From the market research and evaluation, section, one thing is very clear that the rank suggests very desirable, that means a through knowledge and experience are involved in this process.