Module 1 - PECs

TLE 9- 1st Quarter Name __________________________________________ Score _______
MODULE 2: PERSONAL ENTREPRENEURIAL COMPETENCIES
Entrepreneur
An entrepreneur is comprehensively defined by Zimmerer & Scarborough (2005) as someone who “creates a new
business in the face of risk and uncertainty for the purpose of achieving profit and growth by identifying significant
opportunities and assembling the necessary resources to capitalize on them” . They are the ones who act on their business
ideas.
Personal Entrepreneurial Competencies

There have been many studies to characterize “the entrepreneurial personality, though there is no isolated set of traits
that guarantee success, there were identified behaviors found common to most successful entrepreneurs. There is a well-
known research on human behavior done by McClelland and McBer which identified 10 behavioral patterns organized
into three general clusters: the achievement, planning, and power clusters. It was found out that these behaviors were
also typical entrepreneurial behaviors. The entrepreneurial qualities, more known as the Personal Entrepreneurial
Competencies (PECs), are as follows:
Achievement Cluster
 Opportunity seeking – Entrepreneurs have a good eye for spotting business opportunities and acts on these
opportunities appropriately
 Persistence - Entrepreneurs do not easily give up in the face of obstacles. They will take repeated or different actions
to overcome the hurdles of business. This includes making a personal sacrifice or extraordinary effort to complete a
job.
 Commitment to work contract - Entrepreneur do their best to satisfy customers and to deliver what is promised. They
accept full responsibility for problems when completing a job for customers.
 Risk-taking - Entrepreneur are known for taking calculated risks and doing tasks that are moderately challenging.
 Demand for efficiency and quality - Entrepreneur see to it that the business meets or exceeds existing standards of
excellence and exerts efforts to improve past performance and do things better. They set high but realistic standards.
Planning Cluster
 Goal setting - Entrepreneur knows how to set specific, measurable, attainable, realistic, and time-bound (SMART)
goals. It is easy for them to divide large goals into short-term goals.
 Information seeking - Entrepreneur update themselves with new information about her customers, the market,
suppliers, and competitors. This is rooted to their innate sense of curiosity.
 Systematic planning and monitoring - Entrepreneurs develop and use logical, step-by-step plans to reach their goals.
They monitor progress towards goals and to alter strategies when necessary.
Power Cluster
 Persuasion and networking - Entrepreneurs know how to use the right strategies to influence or persuade other
people. They have naturally established a network of people who they can turn to in order to achieve their
objectives.
 Self-confidence - Entrepreneurs have a strong belief in themselves and their own abilities. They have self-awareness
and belief in their own ability to complete a difficult task or meet a challenge.
Assess your Personal Entrepreneurial Competencies by answering the items in the next page. Read each statement
carefully and answer honestly based on how well it describes you. There are five choices as follows: Please write the
number you have selected each statement and write your answers in your answer sheet.
5 = Always 4 = Usually 3 = Sometimes 2 = Rarely 1 = Never
Rating
_____ 1. I look for things that need to be done.
_____ 2. When I am faced with a difficult problem, I spend a lot of time trying to find a solution.
_____ 3. I complete my work on time.
_____ 4. It bothers me when things are not done very well.
_____ 5. I prefer situations in which I can control the outcomes as much as possible.
_____ 6. I like to think about the future.
_____ 7. When starting a new task or project, I gather a great deal of information before going ahead.
_____ 8. I plan a large project by breaking it down into smaller tasks.
_____ 9. I get others to support my recommendations.
_____ 10. I feel confident that I will succeed at whatever I try to do.
_____ 11. No matter whom I’m talking to, I’m a good listener.
_____ 12. I do things that need to be done before being asked to by others.
_____ 13. I try several times to get people to do what I would like them to do.
TLE 10 - Page 2 of 4- Module 1
_____ 14. I keep the promises I make.
_____ 15. My own work is better than that of other people work with.
_____ 16. I don’t try something new without making sure I will succeed.
_____ 17. It’s a waste of time to worry about what to do with your life.
_____ 18. I seek the advice of people who know a lot about the tasks I am working on.
_____ 19. I think about the advantages and disadvantages or different ways of accomplishing things.
_____ 20. I do not spend much time thinking how to influence others.
_____ 21. I change my mind if others disagree strongly with me.
_____ 22. I feel resentful when I don’t get my way.
_____ 23. I like challenges and new opportunities.
_____ 24. When something gets in the way of what I’m trying to do, I keep on trying to accomplish what I want.
_____ 25. I am happy to do someone else’s work if necessary, to get the job done on time.
_____ 26. It bothers me when my time is wasted.
_____ 27. I weigh my chances of succeeding or failing before I decide to do something.
_____ 28. The more specific I can be about what I want out of life, the more chances I have to succeed.
_____ 29. I take action without wasting time gathering information.
_____ 30. I try to think of all the problems I may encounter and plan what to do if each problem occurs.
_____ 31. I get important people to help me accomplish my goals.
_____ 32. When trying something challenging, I feel confident that I will succeed.
_____ 33. In the past, I have had failures.
_____ 34. I prefer activities that I know well and with which I am comfortable.
_____ 35. When faced with major difficulties, I quickly go on to other things
_____36. When I am doing a job for someone, I make a special effort to make sure that person is happy with my work.
_____ 37. I am never entirely happy with the way things are done; I always think there must be a better way.
_____ 38. I do things that are risky.
_____ 39. I have a very clear plan for my life.
_____ 40. When working on a project for someone, I ask many questions to be sure I understand what that person wants.
_____ 41. I deal with problems as they arise, rather than spend time trying to anticipate them.
_____ 42. In order to reach my goals, I think of solutions that benefit my goals in life.
_____ 43. I do very good work.
_____ 44. There have been occasions when I took advantage of someone.
_____ 45. I try things that are very new and different from what I have done before.
_____ 46. I try several ways to overcome things that get in the way of reaching my goals.
_____ 47. My family and personal life are more important to me than work deadlines I set for myself.
_____ 48. I find ways to complete tasks faster at work and at home.
_____ 49. I do things that others consider risky.
_____ 50. I am as concerned about meeting my weekly goals as I am for my yearly goals.
_____ 51. I go to several different sources to get information for tasks or projects.
_____ 52. If one approach to a problem does not work, I think of another approach.
_____ 53. I am able to get people who have strong opinions or ideas to change their minds.
_____ 54. I stick with my decisions even if others disagree strongly with me.
_____ 55. When I don’t know something, I don’t mind admitting it.
PECs Scoring Sheet

Please enter your ratings in the PECs scoring sheet. The number in parenthesis corresponds to the questionnaire item
number. Notice that the item numbers are listed consecutively for each column. Perform the addition and subtraction as
indicated in each row to compute for each PEC.
The PECs Scoring Sheet with Correction Factor

The Correction Factor is used to provide a more accurate assessment of the PECs of each respondent. If the total
score of items 11, 22, 33, 44, and 55 is 20 or greater, then the total score on the ten PECs must be corrected. Use the
table that follows to determine the corrected score.
If the correction factor is: Subtract the following number from each PEC’s score:
24 or 25 7
22 or 23 5
20 or 21 3
19 or less 0
Correct each PECs score using the Profile Sheet
Personal Entrepreneurial Competencies (PECs) Profile Sheet

Transfer the corrected PECs score to the profile sheet by marking an “X” at the appropriate point on the horizontal line
provided for each PEC category. After plotting your PECs score, connect all the “Xs” with a heavy line.
Interpretation
A lower score means a ‘weak’
performance and a higher score translates
to a ‘strong’ performance on a particular
competency. A ‘weak’ performance
should be regarded as a challenge or an
opportunity for improvement rather than a
cause for worry. Improving a competency
entails enough determination, correct
practice and strategies, and time for
maturation.
_________________________________________________________________________________________________
_______
FT1. Assess your Personal Entrepreneurial Competencies by answering the 55 items honestly. Thus, enter your ratings in
the PECs scoring sheet (follow the given instruction for each activity).
FT2. Correct your PECs score using the given format, however you may put your data above.
FT3. Plot your PECs score using the given format above. Interpret the result of your PECs score in three to five
sentences.

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TLE 9- 1st Quarter Name ____________________________________ Score _

MODULE 2: PERSONAL ENTREPRENEURIAL COMPETENCIES

Personal Entrepreneurial Competencies

PECs Scoring Sheet

The PECs Scoring Sheet with Correction Factor

Correct each PECs score using the Profile Sheet

Personal Entrepreneurial Competencies (PECs) Profile Sheet

TLE 10 - Page 4 of 4- Module 1

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