Be A Tycoon

” ENTERPRISING IDEAS — IMPACT OF UNLEASING THE KNOWLEDGE FORCE “

With the knowledge force becoming the core for strategy formulation in new economy ventures
which are technology intensive, does the entrepreneur becomes a dumb sleeping Owner ?

On the contrary the presence of knowledge force demands that entrepreneurs have the
necessary traits which will enable them to nurture organizational capabilities and act
as a catalyst to take advantage of other positive elements in the environment,
all contributing to an effective strategy formulation process.

Unlike traditional ventures where the entrepreneur is the soul of the firm, new economy
ventures have led to a new paradigm in entrepreneurship that create entrepreneurial energy necessary
to energize organizations towards their strategic objectives.

The personality characteristics…Entrepreneurial energy is measured by these factors -

entrepreneur’s
experience
education
networking ability
opportunity
recognition ability
managerial competence.

Thus entrepreneurial energy is the first measure of knowledge force & comprises
characteristics of the entrepreneur and the methods of functioning which create the necessary
energy to activate the organization.

VIJAY KUMAR AGARWAL
M.B.A 2nd Year