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FBS PECs
FBS PECs
FBS PECs
S E R V I C E S 8
OMP ET E NC IE S (P E CS)
ONAL ENTRE P RE NE URIAL C
PE RS
PERSONAL ENTREPRENEURIAL COMPETENCIES OR PECS –refers to the
important characteristics that an individual should possess to perform
entrepreneurial functions effectively.
• It was found out that these behaviors were also typical entrepreneurial
behaviors.
THE ENTREPRENEURIAL QUALITIES, MORE KNOWN AS THE
PERSONAL ENTREPRENEURIAL COMPETENCIES (PECS) ARE
AS FOLLOWS:
ACHIEVEMENT CLUSTER
OPPORTUNITY SEEKING PERSISTENCE CREATIVE
Entrepreneurs have a Entrepreneurs do not easily give
up in the face of obstacles. They
They innovates to
good eye for spotting will take repeated or different create an edge over
business opportunities actions to overcome the hurdles
of business. This includes
competitors.
and act on these
making a personal sacrifice or
opportunities extraordinary effort to complete
appropriately. a job.
COMMITMENT TO WORK
HARDWORKING CONTRACT/COMMITTED RISK-TAKING
Entrepreneur do their
He or she is best to satisfy customers
Entrepreneurs
are known for taking
working and to deliver what is
promised. They accept full calculated risks and
diligently. responsibility for doing tasks that are
problems when
moderately
completing a job for
customers.
challenging.
DEMAND FOR EFFICIENCY AND QUALITY
Entrepreneurs see to it that the business
meets or exceeds existing standards of
excellence and exerts efforts to improve
past performance and do things better.
They set high but realistic standards.
PLANNING CLUSTER
SYSTEMATIC PLANNING
GOAL SETTING INFORMATION SEEKING AND MONITORING
Entrepreneur knows how to Entrepreneur update Entrepreneurs develop and
set specific, measurable, themselves with new use logical, step-by-step
attainable, realistic, and time- information about her plans to reach their goals.
bound (smart) goals. customers, the market, They monitor progress
suppliers, and competitors.
It is easy for them to divide towards goals and to alter
This is rooted to their innate
large goals into shorrt-term strategies when necessary.
goals. sense of curiosity.
POWER CLUSTER
PERSUASION AND ABILITY TO ACCEPT
NETWORKING SELF-CONFIDENCE CHANGE
Entrepreneurs know how to Entrepreneurs have a ENTREPRENEURS WHO
use the right strategies to strong belief in themselves ARE ADOPTABLE TO
influence or persuade other and their own abilities. They
people. They have naturally CHANGE
have self-awareness and
established a network of
belief in their own ability to
people who they can turn to in
order to achieve their
complete a difficult task or
objectives. meet a challenge.
SELF-ASSESSMENT