The hard part about joint ventures is the actual work in convincing a potential JV partner about the merits of the venture. A comprehensive employee evaluation is essential in order to select the most suitable leadership candidate and to rule out the unqualified. A thorough evaluation will also uncover the frauds, scammers and swindlers before they can harm your business. Leadership is the process through which an entrepreneur is able to influence employees to achieve the objectives of the organization. Marriage counselors and relationship experts will strongly suggest doing the second option which is discussing the issue with your husband. Why is there such a need? It all boils down to respecting your spouse and getting his support. Who knows, you may not just gain his moral support but even his financial support for your business plan. There are a variety of competencies or skills necessary to lead organizations in the 21st century. This hub covers eight competencies relevant to organizational success.
Sparkle~ my husband gets the same way, very defensive if I speak about his first daughter. I do not tolerate her treating my kids poorly. I use dicsipline if needed and that is taking away something, going to room, etc. If your husband does not support discipling them then you two need to sit down and discuss how you discipline the kids and what kind of disciplining he thinks is necessary. My husband was also trying to be seen as the favorite parent and take his daughter to do things and buy things to a point we’d be broke at the end of summer when she was with us. if you bring it up and your husband then deal with the kids yourself, don’t take them anywhere- let him do it. i did this with my husband- i am not going to drive his other kdis around for everythign she wants and I started a savings account for my daughter and put money in there for her things.
Tolerance to ambiguity refers to a person’s tolerance to uncertainty and risk. Business Leaders will face this on a day to day basis and have to also possess this trait to be successful in business today. Art Petty writes in his blog that “top performers fight the routine. High performance individuals in all areas of life, from leaders to athletes to great individual contributors work hard everyday to fight the gravitational pull of getting stuck in the proverbial rut. High performance teams and organizations find their comfort not in sameness or routine, but in embracing the ambiguity of the world and the constancy of change and the constant need to change. Many of the best leaders go out of their way to push themselves and their teams to constantly do things different to keep their senses sharp, their individual and collective minds expanding and their ideas fresh” (Petty).
Some decisions are viewed as applicable worldwide, while others require consideration of local influences. The world as a whole is viewed as the market and the firm develops a global marketing strategy. To be a good entrepreneur, you must be a leader. You must be able to guide, direct, influence and affect people. This way, all your business problems can be overcomed with ease. A company employing a Global Marketing Strategy business plan strives for efficiencies of scale by developing a standardized product, of dependable quality, to be sold at a reasonable price to a global market (that is, the same country market set throughout the world).-Regiocentric & Geocentric. The entrepreneurial role is both process-oriented and product-oriented, through which innovative ideas are transformed into value at every stage of an enterprise’s development.
Listen carefully. – Entrepreneurial leaders always listen to employees, clients, mentors, and others. They makes decisions based not only on their own understanding of the facts and situations, but also based on what they are hearing from a variety of sources. Therefore they not only create productive workplaces, but they provide clients and customers with the products and services they need and demand. The entrepreneurial role is the brain and idea behind the business and all products or services of the business. There creative mind is responsible for finding new ideas and improving business aspects. They can do this by developing plans for future success of the business. Thereafter they must implement these plans with innovative techniques. This is a crucial role of management as it will define what makes one business stand out in comparison to another. In our modern, dynamic business environment it is especially crucial that entrepreneurs are always ahead of the game. An example is Alan Turing who built the first computer that was a breakthrough in modern technology.