Entrepreneurship
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5-EntrepreneurshipInternLores
The ability to develop
good interpersonal relations, mutual respect , trust, a sense of community and belonging, and cooperation. ... are critical for the growth and development of the farm business. Building entrepreneurship skills 81 As the business grows, good communication becomes especially important to increase understanding, cooperation and mutual trust. This includes good internal communication among all the elements in the farm business including production, marketing, finance and personnel management. It also includes good external communication with buyers, consumers, suppliers, banks, government agencies and the local community. When the farm business was smaller, the farmer- entrepreneur could devote personal time and attention to relationships with the internal and external stakeholders. But as the size and complexity of the business increases the responsibility for contacting and maintaining good communication and relations must be delegated to others. He will not have enough time to attend to everything, so he must delegate. Some farmers find the transition from a small informal business into a larger formal business very difficult and painful. Being used to hands-on management of day-to-day operations and to making all the decisions, the farmer-entrepreneur may find it difficult to delegate decision-making and authority to others. Delegating may make him feel out of touch or out of control. But at the same time, he is attending to strategic matters that demand more and more managerial time. Programmes that help farmer-entrepreneurs become aware and understand the transformations required (personal transformation and the transformation of their businesses) will go a long way in preparing them emotionally, behaviourally and technically for the change process. Equipping these farmers with skills in analysing the strong and weak points of their enterprises as well as the threats and opportunities in the business environment, and developing competencies related to strategic planning will also be useful. Acquiring, through well-planned interventions, managerial skills such as facilitating, negotiating, team building and networking will help them prepare for the new management role. Download 1.19 Mb. Do'stlaringiz bilan baham: |
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