Enterprise Skills That Could Benefit the Entrepreneurial Company - Assignment Example

Essay, Business Introduction of the business Event planner international is a professional, creative team of event management specialists. i have four years of experience in producing high-quality events of every type and scale. The company’s mission is managing the behind-the-scenes details to deliver a superior event experience for its audience. Cover letter Dear Sir, I hereby write in response to a job posting on event planner international website for an event manager job in the New York City office. I am a self-starter with strong experience as an entrepreneur; I believe I can make considerable contribution to event planner international in this position. I possess a wide variety of skills knowledge and experience to match this position. This including: Hands-on knowledge and experience with Microsoft office programs including MS Excel, word, PowerPoint among many others and the ability to learn new ideas with ease and confidence; good communication skills, ability to accomplish tasks efficiently, attention to detail and I can learn new tasks with flexibility. Enclosed is a additional information about my qualifications. Thank you very much for your consideration. I look forward to receiving your reply. Introduction Entrepreneur organization is one of the main structures of business enterprises. Other forms of organization are the bureaucracy, divisional, professional, and innovative organization. This is according to the conclusion of a management theorist Henry Mintzberg (Mintzberg 2003). Compared to the divisional organization, where business operations are divided into different departments, the entrepreneurial organization is less structured (Kirkpatrick, S., Wofford & Baum 2002). The entrepreneurial organization is a business organizational type that includes a single operational unit, with few individuals at top management level (Kirzner 2007). This makes an organization more flexible. A small business startup under owner’s management is a good example of an entrepreneur business (Kofman & Senge 2003). In this business form, the owner is in charge of most business operations. This includes directing the business management functions (Long 2003) which include the informational roles interpersonal role and decision-making roles. The smaller the business, the more concentrated these functions are under the hands of the owner (Kohlberg 2008). Managing Growth As a small entrepreneurial business grows, it ought to change into one of the other forms of organizations as it responds to a consistent need to manage complexity and division of the operations (Knight 2001). As an entrepreneurial business grows, easy decision-making become a challenge for the owner, or small management team. Here, external demands might surpass growing business processes and procedures without t sufficient management oversight (Long, 2003). Why is the event planner international an entrepreneur organization? Tom Townsend founded event planner international in year 2010. He is the managing director up-to-date. Tom Townsend provides leadership and represents the company to outsiders. He monitors and disseminates the flow of information, and serves as the company’s spokesperson. He is the main decision maker in the business- one of the key features of an entrepreneur business. He is involved in planning and developing business strategies, initiating internal change, allocating the company’s resources, negotiating, and handling non-routine events. These features make the company fit to be called an entrepreneur business My entrepreneurial skills, attributes and behaviors . Why You Need a Professional Event Manager Your reputation highly depends on external perceptions of your business. A well-planned corporate event can raise your credibility with customers, media, prospects, and other stakeholders. However, a disorganized event can often cause permanent damage. For that reason, it is, therefore, important you hire a professional event manager to orchestrate your corporate events. You need a professional who can: (1) execute the many logistical operations required to deliver a quality event (2) plan out an end-to-end event plan, and (3) measure the outcome of an event. As your event manager, I can oversee every level of your events. Outsourcing labor-intensive event logistics management- to me, wil ensuring your team stay focused on more strategic activities. My Understanding of Your Needs Every event is unique – and special. Each has its own unique audience, personality, tone and set of business goals. From the first day, I will pay special attention to, streamlining logistics so that your event’s unique features s shines through. I have reviewed your initial requirements and understand the following key facts about your event: Event Name: united nations summit Date(s):12-04-2014 Location: intercontinental hotel Projected Number of Attendees: 250 Also, I understand the following to be your key event theme and messages: Event Theme: promoting peace We will work together to clarify your targeted business goals. From my experience, typical strategic goals for other corporate events include: -Strengthening brand identity and main messages -Identifying and changing sale trends -Providing engaging information for the organization audience -Interacting with client and other companies constituents - Training the attendant on company product and services -Creating media coverage for the sponsoring organizations I will apply my proven practices in each level of the process. These will ensure your desired goal stay in the forefront of every decision. What I can offer You You can rely on me to manage end-to-end logistics for your events. My key roles will include. -Preparing and managing event budget – managing every aspect of the event budget and recording all necessary expenses -Preparing and managing event plan – to keep a task plan with all the details of the event goals. -Managing speaker contracts - ensuring the speaker topic and presentation are delivered in time, coordinating any travel or accommodation for out-of-town events. - Management of the vendors, and all activities of the vendor such as photographers, transport and logistics companies, visual companies, premium vendors, caterer services providers, and many others, as needed. -Site Selection – This includes selecting the best site for each event, planning pre site visit, and negotiating the venue contract with relevant institutions. -Attendee Registration – accepting attendee registrations and sending confirmations to each registered attendee. - Management of premiums – procuring gift for your event attendee -Site execution – ensuring venue setup conforms to the required standards, greeting attendees and overseeing all vendor activities to achieve a flawless event. -Providing a post-event report detailing event performance and whether the desired goals were attained to help prepare for next event. -Carrying out a post-event attendee survey and analyzing results to give you result on the event. -To ensure that the event receives maximum focus, I will hold weekly budget and event plan reviews with you to truck, costs, and progress against important milestones. Upon your acceptance, I will begin working on your event. My first task will be assigning a project manager to your event. After that, I will set up a start up meeting with you to discuss your event plan and budget. I promise to make your upcoming event a success if considered for the task. Benefit of entrepreneur employees So what are the features of effective entrepreneurial employees? Entrepreneur employee have the following characteristic: -They can deal with risks. An entrepreneur has to operate effectively in a risk-filled environment. Entrepreneur Employee is capable of dealing with risk and uncertainty (Maslow 2004). He can achieve his goal and can make decisions when lacking one or several essential resources (McGraw, 2001). Results Oriented: An entrepreneur is results oriented, she takes ownership in doing the job in the correct manner (McClelland 2001). She is a "can do" person who shows common sense in her actions and decision and can cut through and resolve shortcoming that divert others. Most of Her judgment is sound and becomes stronger with each recommendation experience and decision. The managers and the supervisors may disagree with some of her recommendation, but they usually agree that her recommendations are reasonable for the situation at hand (Piaget, 2005). Energy: The entrepreneur Employee generates the needed output consistently that is higher than expected (Reich 2007). He is fully committed to the company, its goals, and overall success. Besides making crucial decisions on impending issues, he also needs to see the results of his contributions quickly. He has the urge to improve on each result (Robinson 2000). He will look out for an organization that pay attention and acts upon his ideas, appreciate a good idea from others, gives credit where credit is due and points out areas of improvement and poor decisions quickly and clearly. He performs with a high level of efficiency and effectiveness with limited supervision and he can motivate himself and set priorities with minimal supervision (Rotter 2006). Growth Potential: The entrepreneur Employees has urge to exceed the result of today, tomorrow. Todays entrepreneur Employee is often next years supervisor and head of department shortly thereafter (Sandberg 2002). She is willing to take much higher levels of responsibility and be accountable for her decision, which is the norm for her title, position, experience level, or salary. She acts as a strong role model, teaches and coaches his workmates, and soon begins to assume managerial responsibilities, much earlier than would be required in a normal corporate environment (Sarasvathy 2001). Team Player: The entrepreneur Employee is a good team player, she quickly identify her role for the success of the company (Senge 2000). She accepts accountability for her area of responsibility and expects his teammates to do the same. She also identifies the roles and contributions of coworkers and appreciates their efforts sincerely (Shaver & Scott 2001). Multitasking Ability: These Employees is flexible to accept new duties, assignments, and responsibilities. He can multitask until the incremental duties and functions assumed are assigned to co-workers in newly defined roles (Shaver & Scott 2001). He is also ready to do grunt work tasks, which are usually performed by employees at lower level than he is. Promote and encourage Improvement: The entrepreneur employee participates actively in challenging the existing procedures, rules and systems in a constructive manner; according to her, the status quo is temporary(Wesley & Mintzberg, 2009). She recommends changes and improvements more often and encourages his coworkers to do so also. Entrepreneur employees are used to start and head new departments, initiatives, or projects within the company and thus, give a company a competitive edge. Conclusion and recommendations Entrepreneur Employees are easier to manage though they require a higher standard of management involvement (Robinson & Harvey, 2008). Ordinary (average) employees will hardly produce extraordinary results over time; entrepreneur Employees are required to produce good results consistently over time. Unfortunately, unless properly motivated, managed and rewarded, entrepreneur Employees could perform poorly and only produce ordinary results (Vesper 2000). So what make an entrepreneur manager? First, the entrepreneur Manager must herself have the features of the entrepreneur Employee. Beyond that, they must possess the basic skill set, of sound business judgment, practical experience, basic management skills, and common sense (Vinnell & Hamilton, 1999). She must be focused toward contributing to the organizations vision, mission, and must portly this commitment in all ways: verbal, written and by actions. She needs awareness, knowledge and, understanding of the technology trends that affect a business venture and its customers (Timmons 2004). Externally, the entrepreneur Manager must be in a position to identify and build creative strategic relationships, especially for collaborating different opportunities in areas of limited resources (Robinson 2008). Internally, they must produce and manage change as the organization grows, gaining enthusiastic support for development and improvements from the entrepreneur Employees in the ranks (Vecchio 2003). References Kirkpatrick, S., Wofford, J. & Baum, J 2002. Measuring motive imagery contained in the vision statement. 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