Self Evaluation Assignment

1982 Words8 Pages
Introduction As a part of academic curriculum for Business Operation Management set by Southern Institute of Technology I am submitting this paper on self evaluation of my understanding about Business Knowledge, Personal values, beliefs, attitudes and other relevant skills which are required or will be useful in setting up my own venture after successful completion of my course. I would like to evaluate my skills vis-à-vis the requirements and demands of the venture that I have planned i:e a service firm offering domestic services in Pune (City from Maharashtra state of INDIA); Structure of the study As per the constraints regarding the word limit and provided evaluation parameters this paper is further divided…show more content…
Flexibility: Flexibility is required not just to start any venture but also to run the same successfully. Because of the rapid changing business and social environments today one has to be flexible for an ultimate success in any filed of his life. Creativity: As discussed earlier also creativity is considered as one of the main building block of any entrepreneur but the recent studies have shown that its not the sole criterion anymore. Planning: Planning is important to beat the deadlines and to prevent the wastage of recourses involved in any kind of venture. a venture can sustain without planning as well but planning can make any venture much more effective and efficient. Initiative: Extroversion and being initiative goes side by side the importance of this parameter is captured beautifully in a single line in this test “Many individuals who intend to become self-employed simply never end up in business” just because they couldn’t take the initiative. Independence: sense of independence can be one of the driving forces that lead to entrepreneurship. Various studies show that a strong need of financial independence is one of the most common characteristic of entrepreneurs worldwide. Purpose: The purpose here reflects the outlook of the applicant towards owning a business; whether he/she is looking for independence of any sought or he/she just loves to fight out the challenges involved the process? Emphasis: This
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