Entrepreneurship skills for Engineers

Dr Kate Exley February 2005

What are Entrepreneurship Skills?

Are the skills : Transferable skills Employability skills Business skills Graduate skills Engineering skills?

Seven important skills

Tom Byers, Technology Ventures Programme Stanford University

Creativity and Opportunity Evaluation

Real-time Strategy and Decision Making

Comfort with Change and Chaos Teamwork

Seven Important skills (continued)

Evangelism, Selling, Negotiation, and Motivation through Influence and Persuasion Oral and Written Communication Basics of Start-Up Finance and Accounting

Classification of Entrepreneurial attributes

1. Intellectual skills 2. Professional skills 3. Transferable (Key) skills And (?) 4. Knowledge & awareness of 5. Attitudes

Industry wants Engineers with Entrepreneurial skills

Which can include : Ability to recognise an opportunity Research skills Decision making and goal setting Planning Critical thinking Adaptability and flexibility Communication and team-working etc.

BUT..
Do they also want : Rule breakers Risk takers Lateral thinkers Norm challengers?

The Challenge
To help students develop their entrepreneurial skills in conjunction with Personal management skills Control Empathy with an employers viewpoint etc. Gives students greater choice Intrapreneurship or Entrepreneurship