SlideShare a Scribd company logo
FLOW OF TUTORIAL TOPIC 1: Introduction to entrepreneurship TOPIC 2: Identifying entrepreneurial characteristics TOPIC 3: Developing entrepreneurial creativity and innovation
TOPIC 1 Introduction to Entrepreneurship Peter F. Drucker stated entrepreneurship is not:- Magic Mysterious But  It is a  DISCIPLINE  and it can be  LEARNED.
MIND MAP The Evolution of Entrepreneurship Concepts of Entrepreneurship The importance of Entrepreneurship The myth of Entrepreneurship Entrepreneurship development in Malaysia
Question? What is your understanding of entrepreneurship?
1.2 The concepts of entrepreneurship 1.2.1 Entrepreneurship (Basic aspects) Involves creation process Requires the devotion of time and effort Assumption of necessary risks Involves reward
1.2 The concepts of entrepreneurship (cont) 1.2.2 Who are Entrepreneurs? Pioneers of today’s business success An innovator or developer who recognizes and sizes opportunities.
1.3 Importance of Entrepreneurship  Catalyst for economic change and growth Help to improve lives Anymore?
1.4 The myths of entrepreneurship Myth 1: Entrepreneurs are doers, not thinkers Myth 2: Entrepreneurs are born, not made Myth 3: Entrepreneurs are always inventors Myth 4: Entrepreneurs are academic and social misfits Myth 5: Entrepreneurs must fit the “Profile” Myth 6: All entrepreneurs need is money Myth 7: All entrepreneurs need is luck
1.4 The myths of entrepreneurship (cont) Myth 8: Ignorance is bliss for entrepreneurs Myth 9: Entrepreneurs seek success but experience high failure rates Myth 10: Entrepreneurs are extreme risk taker (gamblers)
1.5 Entrepreneurship development What do you think? Your thoughts on “DIVIDE & RULE SYSTEM”
TOPIC 2 Identifying entrepreneurial characteristics INTRODUCTION Entrepreneurs are individuals who recognize opportunities where others see chaos or confusion
MIND MAP Characteristic of successful entrepreneurs Entrepreneurs self assessment The differences between businessmen, managers and entrepreneurs
2.1 Characteristics of successful entrepreneurs Initiative and responsibility High degree of commitment Opportunity orientation Moderate risk taker Confident and optimistic Creative and innovative Seeking feedback Drive to achieve Ability to set vision Skilled at organizing Internal locus of control Tolerance to failure High level of energy Team Building Independent Flexibility
2.2 Entrepreneur self-assessment Visit the website  http://bizmove.com/other/quiz.htm
2.3 The differences between businessmen, managers and entrepreneurs Difference between a businessman and an entrepreneur Please refer to your module for discussion at page 15 Difference between a Conventional Manager and an entrepreneur Please refer to your module for discussion at page 16
TOPIC 3 Developing entrepreneurial creativity and innovation In today’s business landscape, entrepreneurs are required to think of ways to produce new products, services or processes for new purposes to the customers.
MIND MAP What is creativity Process of creativity Barriers to creativity How to generate creative ideas Characteristics of creative individual What is innovation Types of innovation Sources of innovation Barriers to innovation The importance of creativity and innovation for entrepreneurs  Strategies to encourage creativity and innovation
3.1 What is creativity? “…involves the development of UNIQUE and NOVEL responses to problems and opportunities (Online Ticketing, E-Banking)
3.2 The process of creativity Phase 1: Knowledge accumulation Phase 2: Incubation Phase 3: Ideas Phase 4: Evaluation and Implementation
3.3 Barriers to creativity Personal Beliefs Fear of Criticism Over-Management Stress
Activity in class (30 minutes) Form a group of 5  Task: Please find ways of how to overcome barriers to creativity.
3.4 How to generate creative ideas Brainstorming Forced analogy Do it Mind Mapping Nominal Group
3.5 Characteristics of creative individuals  Humble and proud at the same time Very passionate but can be objective Brave to try new things Open minded and willing to accept criticism Playfulness and discipline, or responsibility and irresponsibility High-self control Goal-directed, deliberate and considerate in decision making Willing to take calculated risk
3.6 What is innovation? “… finding ways to deliver new or better goods or services.” (Kinicki and Williams, 2003)
3.7 Types of innovation Invention Extension Duplication Synthesis
3.8 Sources of innovation Unexpected events New-knowledge concept Changes of demographics Process needs
3.9 Barriers to innovation Organization does not encourage innovation Insufficient sources Traditional management behavior
3.9 Barriers to innovation (cont) Also can be derived from individual behavior Fear of trying Fear of making mistakes Improper motivation Fear of change Fear of failure Self-image block
3.10 Importance of creativity and innovation for entrepreneurs To ensure an organizational survival To explore new markets To exploit natural resources
3.11 Strategies to encourage creativity and innovation Recognize your own ability Change your perception Change the organizational culture Dare to fail

More Related Content

PPTX
Entrepreneurship and the Entrepreneur
PPT
Topic 2 Identifying Entrepreneurial Characteristics
PDF
Entrepreneurship 1
PPTX
Innovation and entrepreneurship
PDF
1 introduction to entrepreneurship
PPTX
Entrepreneurship Development- Unit 2
PPT
Introduction to Entrepreneurship v3, 1st edition
PPT
Entrepreneurship training
Entrepreneurship and the Entrepreneur
Topic 2 Identifying Entrepreneurial Characteristics
Entrepreneurship 1
Innovation and entrepreneurship
1 introduction to entrepreneurship
Entrepreneurship Development- Unit 2
Introduction to Entrepreneurship v3, 1st edition
Entrepreneurship training

What's hot (20)

PPTX
Entrepreneurial Mindset
PPT
Entrepreneurship Concept & process
PPTX
Nature and important of enterprenuership
PPT
Utsav Mahendra : Enterprneurial Development
PPT
Entrepreneurship, introduction to entrepreneurship, definition of entrepreneu...
PPT
Entrepreneurship notes
PPTX
Inside the entrepreneurial mind
PPT
Entrepreneurship development
PPTX
Chapter1 (1)
PPT
Entrepreneurship main concepts and description
PDF
10 Most Common Myths about Entrepreneuship
PPT
Module 1 the entrepreneurial perspective
PPT
Ed innovation
PPTX
What is Entrepreneurship?
PPTX
ECD Lecture 1 - challenges of entrepreneurship
PPTX
Entrepreneurship development
PDF
Innovation and Entrepreneurship
PPTX
Introduction to Entrepreneurship Development
PPT
Entrepreneurship Lecture Notes Part 1
PPT
Entrepreneurial Mindset M1
Entrepreneurial Mindset
Entrepreneurship Concept & process
Nature and important of enterprenuership
Utsav Mahendra : Enterprneurial Development
Entrepreneurship, introduction to entrepreneurship, definition of entrepreneu...
Entrepreneurship notes
Inside the entrepreneurial mind
Entrepreneurship development
Chapter1 (1)
Entrepreneurship main concepts and description
10 Most Common Myths about Entrepreneuship
Module 1 the entrepreneurial perspective
Ed innovation
What is Entrepreneurship?
ECD Lecture 1 - challenges of entrepreneurship
Entrepreneurship development
Innovation and Entrepreneurship
Introduction to Entrepreneurship Development
Entrepreneurship Lecture Notes Part 1
Entrepreneurial Mindset M1
Ad

Similar to Tutorial 1 (20)

PPT
Topic 3 Developing Entrepreneurial Creativity And Innovation
PPTX
lecture1entrepreneurship-140316130141-phpapp02.pptx
PDF
lecture1entrepreneurship-140316130141-phpapp02 (1).pdf
PDF
Entrepreneurship
PPTX
Evolution and dos and donts OF ENTREPRENEURSHIP
PPTX
Certificate Course - MODULE - Creativity, Innovation & Entrepreneurship
PDF
Unit 1- Introduction to Entrepreneurship (BOCS,BOET-505D).pdf
PDF
Unit 1- Introduction to Entrepreneurship (BOCS,BOET-505D).pdf
PPTX
A powerfull Presentation for powerfull people.pptx
PPT
Lecture 1 Entrepreneurship
PPT
Entp 04ppt
PPTX
Introduction to Entrepreneurship and Characteristics of Entrepreneurs
PPTX
Creativity and innovation in entrepreneurship
PPTX
EDP Competencies-types, process, explanation
PPT
Enterprise management 1 liverpool business club
PPTX
ENTREP_M1_L1.pptx
PPTX
ENTREPRENEURSHIP FOR FRESHMAN STUDENTS AT HIGHER EDUCATIONAL INSTITUTION . PPT
PPTX
Entrepreneurship Introduction
PPTX
Entrepreneurship PPT.pptx
PDF
Entrepreneurship
Topic 3 Developing Entrepreneurial Creativity And Innovation
lecture1entrepreneurship-140316130141-phpapp02.pptx
lecture1entrepreneurship-140316130141-phpapp02 (1).pdf
Entrepreneurship
Evolution and dos and donts OF ENTREPRENEURSHIP
Certificate Course - MODULE - Creativity, Innovation & Entrepreneurship
Unit 1- Introduction to Entrepreneurship (BOCS,BOET-505D).pdf
Unit 1- Introduction to Entrepreneurship (BOCS,BOET-505D).pdf
A powerfull Presentation for powerfull people.pptx
Lecture 1 Entrepreneurship
Entp 04ppt
Introduction to Entrepreneurship and Characteristics of Entrepreneurs
Creativity and innovation in entrepreneurship
EDP Competencies-types, process, explanation
Enterprise management 1 liverpool business club
ENTREP_M1_L1.pptx
ENTREPRENEURSHIP FOR FRESHMAN STUDENTS AT HIGHER EDUCATIONAL INSTITUTION . PPT
Entrepreneurship Introduction
Entrepreneurship PPT.pptx
Entrepreneurship
Ad

More from guest81462b (7)

PPT
Topic 5 Business Plan
PPT
Topic 1
PPT
Tutorial 4
PPT
Topic 6 Starting A New Entrepreneurial Venture
PPT
Tutorial 3
PPT
Tutorial 2
PPT
Tutorial 2
Topic 5 Business Plan
Topic 1
Tutorial 4
Topic 6 Starting A New Entrepreneurial Venture
Tutorial 3
Tutorial 2
Tutorial 2

Recently uploaded (20)

PDF
TyAnn Osborn: A Visionary Leader Shaping Corporate Workforce Dynamics
PPTX
Slide gioi thieu VietinBank Quy 2 - 2025
PPTX
Sales & Distribution Management , LOGISTICS, Distribution, Sales Managers
PPTX
svnfcksanfskjcsnvvjknsnvsdscnsncxasxa saccacxsax
PDF
Tata consultancy services case study shri Sharda college, basrur
PPTX
sales presentation، Training Overview.pptx
PDF
ANALYZING THE OPPORTUNITIES OF DIGITAL MARKETING IN BANGLADESH TO PROVIDE AN ...
PPTX
2025 Product Deck V1.0.pptxCATALOGTCLCIA
PPT
Lecture 3344;;,,(,(((((((((((((((((((((((
PDF
Outsourced Audit & Assurance in USA Why Globus Finanza is Your Trusted Choice
PPTX
operations management : demand supply ch
PDF
How to Get Funding for Your Trucking Business
PDF
Solara Labs: Empowering Health through Innovative Nutraceutical Solutions
PDF
NEW - FEES STRUCTURES (01-july-2024).pdf
PDF
Deliverable file - Regulatory guideline analysis.pdf
PDF
IFRS Notes in your pocket for study all the time
PDF
Nante Industrial Plug Factory: Engineering Quality for Modern Power Applications
PDF
Daniels 2024 Inclusive, Sustainable Development
PPTX
Negotiation and Persuasion Skills: A Shrewd Person's Perspective
PDF
Blood Collected straight from the donor into a blood bag and mixed with an an...
TyAnn Osborn: A Visionary Leader Shaping Corporate Workforce Dynamics
Slide gioi thieu VietinBank Quy 2 - 2025
Sales & Distribution Management , LOGISTICS, Distribution, Sales Managers
svnfcksanfskjcsnvvjknsnvsdscnsncxasxa saccacxsax
Tata consultancy services case study shri Sharda college, basrur
sales presentation، Training Overview.pptx
ANALYZING THE OPPORTUNITIES OF DIGITAL MARKETING IN BANGLADESH TO PROVIDE AN ...
2025 Product Deck V1.0.pptxCATALOGTCLCIA
Lecture 3344;;,,(,(((((((((((((((((((((((
Outsourced Audit & Assurance in USA Why Globus Finanza is Your Trusted Choice
operations management : demand supply ch
How to Get Funding for Your Trucking Business
Solara Labs: Empowering Health through Innovative Nutraceutical Solutions
NEW - FEES STRUCTURES (01-july-2024).pdf
Deliverable file - Regulatory guideline analysis.pdf
IFRS Notes in your pocket for study all the time
Nante Industrial Plug Factory: Engineering Quality for Modern Power Applications
Daniels 2024 Inclusive, Sustainable Development
Negotiation and Persuasion Skills: A Shrewd Person's Perspective
Blood Collected straight from the donor into a blood bag and mixed with an an...

Tutorial 1

  • 1. FLOW OF TUTORIAL TOPIC 1: Introduction to entrepreneurship TOPIC 2: Identifying entrepreneurial characteristics TOPIC 3: Developing entrepreneurial creativity and innovation
  • 2. TOPIC 1 Introduction to Entrepreneurship Peter F. Drucker stated entrepreneurship is not:- Magic Mysterious But It is a DISCIPLINE and it can be LEARNED.
  • 3. MIND MAP The Evolution of Entrepreneurship Concepts of Entrepreneurship The importance of Entrepreneurship The myth of Entrepreneurship Entrepreneurship development in Malaysia
  • 4. Question? What is your understanding of entrepreneurship?
  • 5. 1.2 The concepts of entrepreneurship 1.2.1 Entrepreneurship (Basic aspects) Involves creation process Requires the devotion of time and effort Assumption of necessary risks Involves reward
  • 6. 1.2 The concepts of entrepreneurship (cont) 1.2.2 Who are Entrepreneurs? Pioneers of today’s business success An innovator or developer who recognizes and sizes opportunities.
  • 7. 1.3 Importance of Entrepreneurship Catalyst for economic change and growth Help to improve lives Anymore?
  • 8. 1.4 The myths of entrepreneurship Myth 1: Entrepreneurs are doers, not thinkers Myth 2: Entrepreneurs are born, not made Myth 3: Entrepreneurs are always inventors Myth 4: Entrepreneurs are academic and social misfits Myth 5: Entrepreneurs must fit the “Profile” Myth 6: All entrepreneurs need is money Myth 7: All entrepreneurs need is luck
  • 9. 1.4 The myths of entrepreneurship (cont) Myth 8: Ignorance is bliss for entrepreneurs Myth 9: Entrepreneurs seek success but experience high failure rates Myth 10: Entrepreneurs are extreme risk taker (gamblers)
  • 10. 1.5 Entrepreneurship development What do you think? Your thoughts on “DIVIDE & RULE SYSTEM”
  • 11. TOPIC 2 Identifying entrepreneurial characteristics INTRODUCTION Entrepreneurs are individuals who recognize opportunities where others see chaos or confusion
  • 12. MIND MAP Characteristic of successful entrepreneurs Entrepreneurs self assessment The differences between businessmen, managers and entrepreneurs
  • 13. 2.1 Characteristics of successful entrepreneurs Initiative and responsibility High degree of commitment Opportunity orientation Moderate risk taker Confident and optimistic Creative and innovative Seeking feedback Drive to achieve Ability to set vision Skilled at organizing Internal locus of control Tolerance to failure High level of energy Team Building Independent Flexibility
  • 14. 2.2 Entrepreneur self-assessment Visit the website http://bizmove.com/other/quiz.htm
  • 15. 2.3 The differences between businessmen, managers and entrepreneurs Difference between a businessman and an entrepreneur Please refer to your module for discussion at page 15 Difference between a Conventional Manager and an entrepreneur Please refer to your module for discussion at page 16
  • 16. TOPIC 3 Developing entrepreneurial creativity and innovation In today’s business landscape, entrepreneurs are required to think of ways to produce new products, services or processes for new purposes to the customers.
  • 17. MIND MAP What is creativity Process of creativity Barriers to creativity How to generate creative ideas Characteristics of creative individual What is innovation Types of innovation Sources of innovation Barriers to innovation The importance of creativity and innovation for entrepreneurs Strategies to encourage creativity and innovation
  • 18. 3.1 What is creativity? “…involves the development of UNIQUE and NOVEL responses to problems and opportunities (Online Ticketing, E-Banking)
  • 19. 3.2 The process of creativity Phase 1: Knowledge accumulation Phase 2: Incubation Phase 3: Ideas Phase 4: Evaluation and Implementation
  • 20. 3.3 Barriers to creativity Personal Beliefs Fear of Criticism Over-Management Stress
  • 21. Activity in class (30 minutes) Form a group of 5 Task: Please find ways of how to overcome barriers to creativity.
  • 22. 3.4 How to generate creative ideas Brainstorming Forced analogy Do it Mind Mapping Nominal Group
  • 23. 3.5 Characteristics of creative individuals Humble and proud at the same time Very passionate but can be objective Brave to try new things Open minded and willing to accept criticism Playfulness and discipline, or responsibility and irresponsibility High-self control Goal-directed, deliberate and considerate in decision making Willing to take calculated risk
  • 24. 3.6 What is innovation? “… finding ways to deliver new or better goods or services.” (Kinicki and Williams, 2003)
  • 25. 3.7 Types of innovation Invention Extension Duplication Synthesis
  • 26. 3.8 Sources of innovation Unexpected events New-knowledge concept Changes of demographics Process needs
  • 27. 3.9 Barriers to innovation Organization does not encourage innovation Insufficient sources Traditional management behavior
  • 28. 3.9 Barriers to innovation (cont) Also can be derived from individual behavior Fear of trying Fear of making mistakes Improper motivation Fear of change Fear of failure Self-image block
  • 29. 3.10 Importance of creativity and innovation for entrepreneurs To ensure an organizational survival To explore new markets To exploit natural resources
  • 30. 3.11 Strategies to encourage creativity and innovation Recognize your own ability Change your perception Change the organizational culture Dare to fail