ENTREPRENEURSHIP

DEVELOP ENTREPRENEURIAL THINKING

AND DECISION-MAKING SKILLS
Instructor: Chau Dao
 WHAT THIS COURSE BRINGS YOU

UNCERTAINTY AWARENESS
Cope with challenges flexibily Take business opportunities

COMPETITIVENESS ENTREPRENEURIAL
Have higher chances to get DECISION
promoted Foster creative culture
OBJECTIVES

1. Entrepreneurial thinking
and entrepreneurial
decisions
2. Steps in decision-making
process
3. Personal plan
OUTLINE

1. Develop entrepreneurial
thinking and decisions-making
skills
2. Decision making in
entrepreneurship
3. Self management
DONE YOUR HOMEWORK?

Problem hunting
NOW HELP YOUR FRIENDS SOLVE THE PROBLEM
OH NO...
WHAT BRING SUCCESS OR FAILURE?

1. Choice of the best solution

2. Creativity
3. Self-confidence

Decision making is an art.

A decision maker is also an artist.
DECISION MAKING

Decision making is a vital part of business,

from everyday operational decisions at junior
management level, to long-term strategic
decisions faced by senior management.
 Hm...
DECISION-MAKING PROCESS Trial and
error?

IDENTIFY THE PROBLEM 1

DEFINE THE ROOT CAUSE(S) 2

DEFINE POSSIBLE SOLUTIONS 3

EVALUATE THE POSSIBLE SOLUTIONS 4

CHOOSE THE BEST SOLUTION 5

IMPLEMENT THE SOLUTION 6

VERIFY THE CHOSSEN DECISION 7

SELF-MANAGEMENT SKILLS

6-10 NO’s
Fine. Only need to improve your skills.

11 NO’s

Big problem! Need to practice more.

SELF-MANAGEMENT SKILLS

What to do Identify how to

with the NO’s? change your
attitude.
EVALUATE MY PLAN

WHAT HAVE I DONE

DURING A WEEK?

DID I HAVE AN EFFECTIVE

WEEK?

WHAT SHOULD BE
REMOVED FROM THE
PLAN?

MY NEAR FUTURE PLAN

 WHY IMPROVE SELF-MANAGEMENT SKILLS?

INITIATIVE ACHIEVEMENT
Raise the sense of initiative Gain more achievements

EMPLOYEE BUSINESS
MANAGEMENT DEVELOPMENT
Manage the human resources Develop the business at a lower
effectively cost in a shorter time
WHAT TO DO WITH THE PLAN

My daily planner
MONITOR
Date

Goals Todo list

ADJUST

Memos Pending

PRIORITIZE
AND MORE FOR EVERYONE
How much time should you spend on planning?

The ideal ratio significantly differs from person

to person and task to task
HOMEWORK