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Seven characteristics of highly effective entrepreneurial employees

November 10, 2005

Just came across an article by Joseph G Hadzima – a senior lecturer at MIT Sloan school of management – where he reports 7 characteristics of highly effective entrepreneurial employees. Now this is so much in sync with what I reported earlier in my blog.

From the article, here are the 7 characteristics:


Ability to Deal With Risk. An entrepreneur has to operate effectively in an environment filled with risk. The Right Stuff Employee can deal with risk and uncertainty. He is able to make progress towards goals and is able to make decisions when lacking one or several critical resources or data.

Results Oriented. The Right Stuff Employee is results oriented, she takes ownership to get the task done. She is a “can do” person who demonstrates common sense in her decision and actions and is able to cut through and resolve problems that divert others. Her business judgment is sound and becomes stronger with each experience, decision or recommendation. While supervisors and managers may disagree with her ultimate recommendation, they usually agree that the alternatives she presents are reasonable for the situation at hand.

Energy. The Right Stuff Employee has high levels of enthusiasm and energy; he consistently generates output that is higher than could be reasonably expected. He is fully committed to the organization, its goals and overall success.

Not only does he desire to make a contribution to results, he needs to see the results of his contributions quickly, not measured in years! He will seek out an organization that solicits and acts upon his ideas, gives credit where credit is due and points out errors and poor decisions quickly and clearly. He performs effectively with limited supervision and is able to self-motivate and set priorities with minimal guidance.

Growth Potential. The Right Stuff Employee’s reach exceeds her grasp today. Today’s Right Stuff Employee is often next year’s supervisor and a department manager soon thereafter. She is willing to accept much higher levels of responsibility that is the norm for her position, title, experience level or salary. She acts as a strong role model, trains and coaches others, and soon begins to assume supervisory responsibilities, again much earlier than would be expected in a normal corporate environment.

Team Player. The Right Stuff Employee is a true team player, she recognizes how her role contributes to the overall effort and success of the organization. She accepts accountability and ownership for her area of responsibility and expects others on the team to do the same. She also recognizes the roles and contributions of others and applauds their efforts sincerely.

Multitasking Ability. The Right Stuff Employee is flexible to accept new duties, assignments and responsibilities. He can perform more than one role until the incremental duties and functions assumed can be assigned to co-workers in newly defined roles. He is also willing to dig in and do grunt work tasks which eventually will be performed by lower level employees.

Improvement Oriented. The Right Stuff Employee is more than willing to challenge in a constructive way existing procedures and systems; to her the status quo is temporary. She suggests changes and improvements frequently and encourages others to do so also.

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One Comment leave one →
  1. Lokesh Gupta permalink
    March 8, 2006 7:14 pm

    Hi,

    I fully agree with the 7 characteristics that the article mentions. I myself started a software company during my final year at IIT Delhi, took risk and ditched an offer from a biggest IT multinational company in world and continued with the company. One thing that I would like to add is that to have a vision is very important i.e. to see things that do not exist and believe in yourself no matter how many problems come in your way…..

    All the best
    Lokesh Gupta

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