Rewards Management: The Basis of Performance Management
A Holistic Approach to Performance Management This article proceeds under the premise that performance by employees on the job needs to be assessed on a holistic basis. For all of you who are aspiring to make a name for themselves in the corporate world, you need to remember that corporates judge you based on on […]
Role of Society and Culture in Shaping Youth Entrepreneurship
Building Your Entrepreneurship everywhere is the necessity of all nations. There is recognition of the fact that the soft power of the future is in the country’s youth and moulding them is important to ensure overall progress of the society. Youth unemployment and absence of Your Entrepreneurship developmental programs creates not only economic problems in […]
Performance Appraisal – Meaning, Objectives and Advantages
Performance Appraisal is the systematic evaluation of the performance of employees and to understand the abilities of a person for further growth and development. Performance appraisal is generally done in systematic ways which are as follows: The supervisors measure the pay of employees and compare it with targets and plans. The supervisor analyses the factors […]
Managing Employee Behaviour Problems
Remember, negative behaviour of a single employee can spoil the entire work culture. One needs to behave sensibly and follow the rules and regulations of the organization. It is mandatory for employees to maintain the decorum of the workplace and behave as mature professionals. Behaving irrationally at the workplace will not only spoil your relationship […]
Factors Influencing Employee Satisfaction
Employee satisfaction ensures employees are happy with their jobs and also give their heart and soul to the organization. Such people seldom think of changing their jobs and motivate not only themselves but also others to work hard for the betterment of the organization. Let us go through few factors influencing employee satisfaction: Working conditions […]
Nurturing and Building Youth Entrepreneurship has got to be a long term developmental program with strategic focus and policy framework at the National Government level identifying specific areas and programs to nurture and build awareness of amongst the Youth, train and enhance their skills required for starting business enterprise. This calls for including Youth Entrepreneurship building as a regular curriculum at high school and University levels throughout the country. Secondly there has to be a common YE program involving all NGOs, Societies and Communities to create an environment and culture that is conducive to Youth Entrepreneurship. The effort of building YE does not stop with this.
There has got to be sustained campaign in media and other forms of communication to show to the Youth some of the successful role models that they can emulate. Besides Government has got to set up the required framework and policies to provide assistance required for Young Entrepreneurs to start businesses. Besides training Youth and equipping them with Business skills, there is a need to provide guidance, mentoring as well as provide assistance in start up financing and help them market themselves by providing them the opportunities at various trade forums. These are but a few of the action plans that are outlined here to help kick start Youth Entrepreneurship development strategy and programs.
In the long run the effort in this direction has to be sustained with the same enthusiasm and many more action plans involving various other agencies and fields have got to be built into the programs.
To help build Entrepreneurship awareness programs as a part of Education, it helps to understand how the Youth Entrepreneurship develops and progresses in the early years. Chigunta has proposed a three stage transitional phase in Youth Entrepreneurship. Of course the stages can vary depending upon local environment and cultural factors in different countries.
The above classification can help us understand the growing up trends amongst the youth and help us design policies and programs more effectively. Providing the right input at the right time helps the Youth assimilate the necessary information in a better way and use it effectively.
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