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Q: What do think are the most important competencies one must possess in order to be a successful in running a chosen business?
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What are the most important skills that a Project Manager should possess?

Most important skills that a Project manager must possess are:CommunicationLeadershipTeam ManagementNegotiation PowerPersonal OrganizationRisk Management


Four general skills that a successful manager must possess?

General skills for becoming successfull manager


What is the Competency perspective of leadership?

This is the theory that there are certain traits all leaders possess, and that it is necessary to possess these traits to be considered a leader. These traits can be broken down into 7 categories: 1) Emotional intelligence- Leaders can percieve others emotions 2)integrity- Refers to the leaders truthfulness and consistency and words and actions. Employees want honest leaders 3)Drive- Successful leaders have a high need for achievement 4) Leadership motivation- Leaders have a strong need for power because they want to influence others. They try to gain power so that that can influence others towards specific goals 5) Self-confidence- Leaders are extroverted; outgoing, social, talkative and assertive 6) Intelligence- Have an above average cognitive ability to process information. Have the ability to analyize alternatives and oppertunities 7) Knowledge of Business- they know the business environment This is the theory that there are certain traits all leaders possess, and that it is necessary to possess these traits to be considered a leader. These traits can be broken down into 7 categories: 1) Emotional intelligence- Leaders can percieve others emotions 2)integrity- Refers to the leaders truthfulness and consistency and words and actions. Employees want honest leaders 3)Drive- Successful leaders have a high need for achievement 4) Leadership motivation- Leaders have a strong need for power because they want to influence others. They try to gain power so that that can influence others towards specific goals 5) Self-confidence- Leaders are extroverted; outgoing, social, talkative and assertive 6) Intelligence- Have an above average cognitive ability to process information. Have the ability to analyize alternatives and oppertunities 7) Knowledge of Business- they know the business environment


Name three soft skills and one hard skill that a project manager should possess?

There are many skills that a project manager should possess. Three soft skills these individuals should have include the ability to influence others, the ability to negotiate, and the ability to delegate. One hard skill that every project manager should have is strategic planning.


In Business management how much money can they earn?

Salary, earning potential, and marketability are not only determined by the type of field you are in and the degree you possess. It depends on your position within that field, the institution you work for, your experience, expertise, personal abilities, critical thinking skills, problem solving abilities, dedication and commitment toward ones work, and more. Thus, salary is not so much dependent on the type of degree or field as much as it is dependent on the person who holds the degree or is in the field.

Related questions

Definition of distinctive competencies?

skills, abilities, competencies a company possess than others


What are managerial competencies?

There are three essential skills or competencies a manager should possess. They are technical skills, human skills and conceptual skills.


What important attitudes do successful possess?

Honesty skepticism open mindedness curiosity creativity


What important attitudes do successful scientist possess?

Honesty skepticism open mindedness curiosity creativity


What important leadership qualities are important for success of the president?

There are many important leadership qualities that are important for a president to possess in order to be successful. A president has to be fair, stable, reasonable, responsible, and brave.


What do you think are the most important qualities that you possess to be successful in your job?

Depending on the job, candidates must be alert and pay attention to their customers. With these characteristics they will be able to be successful at any job.


What personal traits do successful sole proprietors share?

be strong physically and emotionally. It is very important that they be in good health. Attitudes of business owners are critical. They should possess a positive outlook and enthusiasm. They should be receptive to advice. They need to work very hard


Scientist who possess the attitude of blank are eager to learn more about the topics they study?

The successful scientists possess certain important attitudes, or the habits of mind, which includes curiosity, honesty, open-mindedness, skepticism, and creativity.


What are the qualities that ane entrepreneurs must possess to be successful entrepreneur?

Focus! You must focus all of your spare time to be successful. It will take 3 years for your company to become successful. You must be flexible and willing to go with the flow based on what your customers want. Focus on your business and work extremely hard for 1000 days. For more business advice visit http://www.ekey.biz/


Examples of business acumen?

Business acumen indicates a successful understanding of issues related to the corporate world, including accounting, marketing, finance, etc. One example of business acumen is if a person understands the ins and outs of supply chain management. Or, a person knows how to develop products and then market them. A successful executive may possess a working knowledge of all business operations.


What are five important attitudes that successful scientist possess?

Scientists possess certain important attitudes and develop crucial habits including:curiosityhonestyopen-mindedness; lack of biasskepticismcreativityPatience,attentiveness,nosiness,tenacity,systematicsopen mindness,skeptism,curiosity,creativity,Hard working (theoretical and experimental) along withGod gifted brain.


What qualities you must possess in order to achieve a successful baking?

Skill, and grammar.