Intrapreneurs who show visionary leadership and stimulate creative thinking are in high demand and short supply.Almost 80% of small and medium enterprises in SA fail within the first three years. Thispresents a staggering blow to the SA economy, which is invested in the role of SMEs in stimulating economic growth and providing relief from a high unemployment rate. Entrepreneurs who venture forth and create new business opportunities face extraordinary challenges in SA.
As managers of SMEs, entrepreneurs struggle to get the right talent to fuel business success. They alsoto secure business funding and manage resources and finances effectively. With no business insight and not enough money and resources, even the most visionary entrepreneurs will encounter doors slamming in their faces.
to drive business success. Without the skills to unlock potential in themselves or others, business managers are unable to open the doors to new opportunities.From these challenges, it's clear that managing a small business or a business unit in a large organisation requires a skill set that will create a well-rounded, informed and visionary business leader.who has developed deep technical expertise in their area.
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Rethinking entrepreneurship in SASPONSORED | witsplus Tim Brown, leader of global design company Ideo, proposes the concept of a T-shaped person, who has developed deep technical expertise in their area to effectively manage a small business unit or a business unit in an organisation.
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