Managing Entrepreneurship Innovation Creativity Report

Managing
Entrepreneurship
Innovation Creativity
Report

EXECUTIVE SUMMARY
In this competitive market, creativity and innovation or two most important factors
which needs to be considered. They both are main reason for achieving growth as well as
development in a business field. An entrepreneur needs to be enthusiastic and use his or her
creative skills so that everything in venture is executed in most efficient way.This assignment
it comprises of Idea and concept of business venture and a detailed business plan.
Table of Contents

INTRODUCTION.................................................................................................................................4
TASK 1- My Life Story.........................................................................................................................4
TASK 2- OPTION A- IDEA/ CONCEPT.............................................................................................5
What lessons can we learn in getting our ideas & concepts to market place?....................................5
TASK 3-THE CONCEPT PLAN..........................................................................................................7
CONCLUSION...................................................................................................................................12
REFERENCES....................................................................................................................................14
Books & Journal..............................................................................................................................14

INTRODUCTION
Business sector changing with rapid scale and it has become important to focus on
innovation and development. Managing entrepreneurship is not an easy process
whichrequires high level of skills and knowledge. Innovation, idea and creativity are
important elements during the process of entrepreneurship which are to be undertaken with
the proper considerations. This report gives brief information about concept of
entrepreneurship in an individual life.This assignment comprises of my story, research
questions on a particular theme, and a concept plan.
TASK 1- My Life Story
Entrepreneurship is a challenging task and a basis for a new venture is only successful
when innovation creativeness and planning for new ideas are being produced.It is important
for entrepreneur to be aware about self-owned activities skills and knowledge so that they are
applied in a related field in appropriate manner. Entrepreneur is one who carries out business
activities with the new and changing ideas. Through this analysis of my knowledge I have
decided to open themed restaurant.it will be a type of a restaurant in which theme will be
changed automatically depending upon the behaviour. Main reason for opening new
restaurant is that to serve people with new services as well as food dishes with wide variety
of alternative options.To open this restaurant I have set my short term objectives as well as
long-term and still making a plan that how everything will be executed in a proper
manner.Becoming entrepreneur is my dream and to fulfil this dream at any cost (Abrudan,
2020).
The idea of becoming an entrepreneur comes from my father who is also entrepreneur
and has business of real state. I often used to often observe my father that how he deals with
people and influence them over their decisions. This motivated me to become an astronaut
with something new and innovative ideas which has been never produced before.Moreover,
to access my knowledge and development in skills I did MBA business and administration.
Gaining knowledge from my post-graduationimproved my communication skills presentation
skills and decision making as well as critical thinking skills which help me to influence other
decisions (Cook, 2016).