Innovation and Entrepreneurship - Assignment
Added on -2021-02-21
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Innovation andEntrepreneurship
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1Analysis by interview..................................................................................................................1Relation of interview with the theory..........................................................................................3CONCLUSION................................................................................................................................5REFERENCE...................................................................................................................................6
INTRODUCTIONEntrepreneur are the person who run its business by innovating new product and servicesin market. Its main aim is to grow their business by attracting people (Aparicio, Urbano andAudretsch, 2016). All entrepreneur are skilled and highly talented who analysis needs of peopleand bring products and services that can fill their needs. It mainly focuses on different types ofneeds and wants of customers then bring that products for the purpose of growing businesscontinuously. The present report is based on Stallion recruitment that was founded in 2012 byWilliam Proctor with a decade of experience working in engineering & facilities sector thatprovides recruitment services. The present report is based on information which are collected bymanagers from interview transcript. This report will cover various data on the basis of interview. MAIN BODYAnalysis by interviewEntrepreneur is a person who innovates new ideas and bring new products and servicesfor the purpose of growing their business. Every business concern has dream that their businesswill grow fast by using own knowledge and experience. So they started to work and accomplishtargets. It is the primary duty of entrepreneur is to analysis current trend and introduce attractiveproducts for the purpose of sustainable development. To complete the objectives there is need tohave coding frame that help to assist in business process and maintain profitability. From the interview session, it has been analysed that William Proctor has started theirbusiness in 2012 in which it provides recruitment services to different organization. It providesright people for right job after analysing their skills and experiences that helps to achieve targets.This is not new field for William Proctor because they worked with recruitment firm in the ageof 13 years as a consultant. Then William Proctor has decided to leave that company will start anew business due to having confidence, opportunity and risk taken quality (Bacigalupo and et.al., 2016). Such person was inspired by recession period which was happened in 2007 – 2008 inwhich financial crisis businesses still trying to get a way to come back. By applying opportunitytheory it got opportunity to start their business and grow up by making profits. On the other side,it is very important for organization to give something back to society who helps to run theirbusiness effectively. Society connects people from organization by providing skilled and trainedpeople who helps to run a business successfully. This also helps to make feel that William1
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