Original scientific paper
Development of Management Competences in Growth-Oriented New Ventures
Jean-Paul Thommen
; European Business School, Schloss Reichartshausen, Germany
Steffen Behler
; Senior Consultant, Deutsche Bahn, Mainz, Germany
Abstract
The objective of the article is to examine the management competences of founders which are relevant for the success of growth-oriented companies. A survey showed that the demands on management competences during the different stages of new ventures vary significantly. In this context the stages of business formation are defined as pre-formation stage, implementation stage and growth stage, whereas the following types of competences were identified: specialised methodological systems/innovation, leadership/social and implementation competences. While at the beginning of a new venture implementation-oriented competences seem to be of particular relevance in order to initiate a growth-oriented enterprise, leadership and social competences become increasingly significant during the further development of the enterprise. This development toward a professional management must, due to the expansive growth of growth-oriented business formations, occur within a relatively short time span.
Keywords
growth-oriented companies; competences of entrepreneurs; individual/team competences; measures to develop management competences
Hrčak ID:
34738
URI
Publication date:
1.11.2002.
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