CMI Unit 711 Entrepreneurial Practice
Entrepreneurial practice is a multi-dimensional concept. To some it is simply the pursuit of an opportunity; to others it could be an innovative business start-up, an invention or re-invention of a product, service or a process or the development of solutions to social, cultural or environmental issues. At its core entrepreneurialism or entrepreneurial action is a mind-set. Entrepreneurial practice covers several different perspectives; economic, management, sociology and psychology.
About this course
The aim of this unit is to enable leaders to explore the principles of entrepreneurial practice, understand the different contexts in which entrepreneurship can flourish and the characteristics of entrepreneurial leadership.
- Understand entrepreneurship in strategic contexts
Understand the principles of entrepreneurial practice
1.1 Critically appraise the forms and contexts of entrepreneurship with reference to theoretical concepts and contemporary thinking
1.2 Assess multi-dimensional issues which impact on entrepreneurial practice in different contexts
1.3 Formulate approaches to removing barriers to entrepreneurial practice using an evidence-based justification
2.1 Critically appraise the characteristics and attributes of entrepreneurial leadership
2.2 Propose a course of action to achieve an entrepreneurial aim using an evidence-based justification