Skill Gaps and Training Needs of Existing and Potential Entrepreneurs in Venezuela

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Report: Skill Gaps and Training Needs in Businesses Creation – [CEFE Venezuela | Venezuela]

3) Finances, with problems such as: It’s going uphill to organize the financial issue of my business most of the time, it’s one of my weaknesses; I feel uncertain to undertake due to my lack of knowledge in the finance, legal and leadership areas; I have little knowledge on how to manage my business finances.

5.- Importance of skills requirements associated with running a business Key Findings: 1) The management of all entrepreneurial skills is classified by applicants with a high degree of importance 2) The most valued competencies are accepting responsibilities, being able to negotiate and communicate professionally, as well as understanding and implementing the importance of digital marketing. 3) In relation to sufficiency, there is a clear need to strengthen entrepreneurial skills that will undoubtedly take their ventures to the next level.

As for the importance and the sufficiency of the competences associated to a business management, the following elements come up from the candidate’s answers. • • •

• •

The importance is presented as a relevant element with 79,2%, very much in line with the sufficiency that, between High/Very High and Moderate, reach 96,8%, which indicates it is very necessary to count on competence for business management. In relation to risk handling, so needy in times of uncertainty, the answers indicate that the participants in the questionnaire consider it and area to be reckoned with, though not with the same strength as with the previous answer. Likewise, the Decision Making and Responsibility Acceptance are considered as too necessary for business management; it is complemented with Negotiate and Communicate Professionally. As the ability to generate, evaluate and select highly potential business ideas, assertiveness is another one of the emerging elements with more than 90 % of the answers. The aspect of creating a business plan and presenting it appropriately in front of investors and other interested party emerges with force and must be an area to be considered in the experiential training actions. That is complemented with the capacity to create and execute a marketing plan, with emphasis on the digital. In view that the questionnaire in this Section counts on seven questions, out of a total of 25, related with prices, costs, balance reading, it seems to be the area of finances and accountability where the candidates, who have replied on the date, present the biggest interest.

GET YES2 – February / March 2021

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