The_Essential_Manager_s_Handbook

152 / LEADING THROUGH CHALLENGES

UNDERUTILIZED

INFORMATION OR ASSETS

>>^ Can we sell our information^

externally?

>> Can we get better performance

by outsourcing?

>>Can we lease our assets?

WAYS TO CHANGE THE

BUSINESS MODEL

>>^ Will acquisitions boost^

our capabilities?

>> Can we cut out the

middleman?

>> Should we support

employee spin-offs?

Where to look for entrepreneurial ideas

Developing entrepreneurial

skills

Entrepreneurs exhibit many important

traits and crucial skills that you can

examine and develop in yourself to

benefit your own organization. Most

entrepreneurs are risk-takers, goal-

focused, and determined; these are all

traits you can learn. When looking for

new ideas, examine your own

organization first: can you exploit

existing assets? In a fast changing

world, is your organizations able to

adapt quickly? As you search outside

your company for emerging trends

and products, remember to apply

SWOT criteria to test and assess

your decisions.

US_152-153_Learning_entrepreneurs.indd 152 01/06/16 12:03 pm