Employee Stress – Strategies for managing stress at workplace
What is Employee Stress ? Employees stress is a growing concern for organizations today. Stress can be defined as a lively circumstance in which people face constraints, opportunities, or loss of something they desire and for which the consequence is both unpredictable as well as crucial. Stress is the response of people to the unreasonable/excessive […]
A Basic Understanding of Participative Management
Participative Management refers to as an open form of management where employees are actively involved in organization’s decision making process. The concept is applied by the managers who understand the importance to human intellect and seek a strong relationship with their employees. They understand that the employees are the facilitators who deal directly with the […]
Managing Workforce Diversity
Introduction We live in times when global corporations and their reach across the world bring benefits in terms of innovative HR policies as well as challenges in terms of managing the workforce are concerned. The rise of such corporations means that the workforce is composed of diverse races and ethnicities. Further, the issue of gender […]
Tips for new employees in an organization
Being in a new job brings in lot of apprehensions, anxiety, and do’s and don’ts. Here is what should be done after getting a new job… What is it that your supervisor expects: Always be clear of your supervisor’s expectations. Whether your supervisor is detail oriented or does he/she like to see only the big […]
How to Increase Employee Productivity by Building Learning Organizations
The Link between Organizational Learning and Productivity Learning organizations are productive organizations. When employees acquire knowledge, they learn to actualize efficient and productive ways of working. When they share the knowledge acquired thus, they tend to ensure that other employees are productive as well. When the entire team collaborates and works together, they leverage the […]
Year 2001 goes into the annals of history as the most significant year of contribution made to YE through creation of Youth Employment Network, an initiative and partnership between United Nations, ILO and the World Bank. YEN was the outcome of the millennium summit that resolved to create and provide decent work opportunities for the Youth across the globe. YEN provides the global platform to exchange ideas, plans and framework to improve work opportunities for the youth through a network of developmental agencies, governments, business and economic communities as well as Youth groups and NGOs.
YEN has identified Employability, Equal opportunities for young men and women, Entrepreneurship and Employment creation as the four goal posts for furthering Youth employment.
Understanding the subject of Youth Entrepreneurship begins with trying to identify and define the different types of Youth Entrepreneurships. While some of the academicians have categorised Youth Entrepreneurship into Economic, Social, Public Entrepreneurship and Intrapreneurship the list of categories is exhaustive. With recent studies and based on the differentiation in the behaviour and attitudes, roles, functions, industry and many more relevant characterisations, new categorisation of Youth Entrepreneurship has been put forth by the researchers. We shall enumerate some of the important categories as defined by the new generation scholar Clarence Danhof.
The so called mavericks that are able to think out of the box, innovative new methods, processes and create new business opportunities out of their innovative ideas are known as Innovative Entrepreneurs. Currently we can name dozens of Innovative Entrepreneurs in the world. If Bill Gates and Steve Jobs made history in the recent past, they are being fast replaced by youth entrepreneurs like Jack Dorsey - founder of twitter, Sergey Brin, Larry Page of Google, Mark Elliot Zuckerberg who founded Facebook.
Most of the entrepreneurs in the developing countries and under developed countries who bring home tried and tested technologies from the developed world and establish them in the home country come under this category.
Youth entrepreneurs who take on the business from their previous generation and manage to grow the business without taking any major risk of deviating into new areas but improving efficiencies, processes and scale of operations etc are called Fabian Entrepreneurs.
Drone Entrepreneurs are the first generation Entrepreneurs who manage the business handed down to them and continue to look at running the enterprise smoothly without taking any risks. This kind of attitude may be said to be an individual train of the Entrepreneur that leads him to manage the inherited business in a steady mode.
Entrepreneurship is an outcome of a lot of factors including values, beliefs, attitudes, innate spirit, inborn leadership, and influence of environment, family, skills and many more. Therefore categorization of Youth Entrepreneurs can also be classified into several types based on various factors. Some of the classifications have been arrived at based on the type of business, based on technology, based on geography [Rural & Urban], as per Gender, scale of operations etc. Business entrepreneurship which is one of the significant and dominant categories can be further sub divided into Business, Trading, Industrial, Corporate, Agriculture, Retail, Service and Social Entrepreneurs.
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