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How Entrepreneurial Are You?: Personal Entrepreneurial Competencies (PEC)
How Entrepreneurial Are You?: Personal Entrepreneurial Competencies (PEC)
How Entrepreneurial Are You?: Personal Entrepreneurial Competencies (PEC)
■ Does things before asked or forced by events ■ Deliberately calculates risks and evaluates
■ Acts to extend the business into new areas, products alternatives
or services ■ Takes action to reduce risks or control outcomes
■ Seizes unusual opportunities to start a new ■ Places self in situations involving a challenge or
business, obtain financing, equipment, land work moderate risk
space of assistance
■ Find ways to do things better, faster, or cheaper ■ Takes action in the face of a significant obstacle
■ Acts to do things that met or exceed standards of ■ Takes repeated actions or switches to an alternative
excellence strategy to meet a challenge or overcome an
■ Develops or uses procedures to ensure work is obstacle
completed on time or that work meets agreed upon ■ Takes personal responsibility for the performance
standards of quality necessary to achieve goals and objectives
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■ Makes a personal sacrifice or expends extraordinary ■ Personally seeks information from clients, suppliers,
effort to complete a job or competitors
■ Pitches in workers or in their place to get a job done ■ Does personal research on how to provide a product
■ Strives to keep customers satisfied and places long or service
term good will over short term gain ■ Consults experts for business or technical advice
■ Sets goals and objectives that are personally ■ Plans by breaking large tasks down into time-
meaningful and challenging constrained sub-tasks
■ Articulates clear and specific long range goals ■ Revises plans in light of feedback on performance or
■ Sets measurable short term objectives changing circumstances
■ Keeps financial records and uses them to make
business decisions
■ Uses deliberate strategies to influence or persuade ■ Seeks autonomy from the rules or control of others
others ■ Sticks with own judgement in the face of opposition
■ Uses key people as agents to accomplish own or early lack of success
objectives ■ Expresses confidence in own ability to complete a
■ Acts to develop and maintain business contracts difficult task or meet a challenge
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4. The Correction Factor (CF), the total of items 11, 22, 33, 5. Use the following numbers when figuring the corrected
44, and 55 is used to determine whether or not a person score.
tries to present favorable image of himself. If the total If the Correction Factor Subtract the following
scores of this factor is 20 or greater, then the total scores
on the PECs must be corrected to provide a more accurate Score is number
assessment of the strength of the PEC scores for the 24 or 25 7
individual.
22 or 23 5
20 or 21 3
19 or less 0
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