Question

recall our discussion regarding differentiating in depended entrepneurs from traditional managers. Differentiate traditional manager from independent entrepneurs with regard to "failure and mistake " and " decisions"

Answer 1

Answers

Failure and mistake :

* tradition managers tries to mistakes and failures, they tend to execute order as stated them and ensure that there is no deviation in plan and it's executions. Whereas, entrepreneurs try to deal with their mistakes and learn from their mistakes to know what to avoid in future. They are innovative and take risks in trying new methods and ways to complete the activities. They have autonomy and authorization to act to complete tasks. They learn from failures and bring improvement in their work pattern.

Decisions

* traditional managers follows and agrees to the decision made by the upper management, they give their inputs but Major decision is governed by the seniors according to the set goals for the organisation, entrepreneurs are dream chasers, they make their own decisions which can support there dream in becoming successful and to take their business to the greatest level of success.