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Entrepreneurial audit

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par Ponce Kokou
University of Johannesburg - Master in Business Management 2011
  

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3. Personal development plan

After the successful completion of the entrepreneurship course, I am planning to further the exploitation of the entire set of theoretical curriculum covered during the course.

As indicated above that I am originally form the Gabon, following the complete achievement of my masters in business management, I am planning to return to the Gabon and apply all the theories learnt in entrepreneurship.

My first step will be the identification and development of a core business model, which already exists, as I am planning to take over the family agricultural business and take it to another level. My desire is to make it grow as a recognised corporation/agri-business supplying the Gabonese population with locally produced food. Since, the majority of products consumed in my home town (Lastourville) are mainly exported from neighbouring countries. The fact that the Gabonese soil has proven to be fertile and productively rich, and since the majority of the entrepreneurial Gabonese population is turned to the mining industry due to its rapidity in results, these factors forced me to envisage a business venture grounded on agriculture and for commercial purposes.

After completion of the entrepreneurship course, I elaborated an entrepreneurial strategic pathway for the effective assembly of the prospective organisational corporate strategy and innovation. Therefore the strategic and innovation plan will be as follow:

- Elaboration of an innovative product: a locally produced food product will definitely be innovative, as not much Gabonese entrepreneurs have not envisaged the possibility;

- Building, leading, and sustaining the innovative organisation;

- Structuring of the corporate strategy;

- Developing and managing a successful technology and product strategy;

- Driving strategic innovation: achieving breakthrough performance trough value chain;

- Implementing radical innovation: the corporate venturing initiative;

- Sustainment of leadership, strategy, and innovation; and

- For the sake of the continuous business growth, the business strategy must always be reinvented.

Should I not effectively launch my business venture, due to financial reasons forcing me to seek for employment in any organisation? I will apply all the knowledge acquired during the course of the entrepreneurship subject, the fact being that I do not have previous experience; I will perform at my best by being innovative, risk-taking (to an acceptable extent), and proactive as today's competitive market evolves on a permanent basis; I will have to be proactive and aware of new trends, technologies, and knowledge that may affect positively/negatively my then career.

And the fact that I am able to speak international languages such as French and English, and plan to further my assimilation of international foreign languages by learning Spanish and Chinese will render me more competitive. As, being entrepreneurial may imply travelling around the world and implementing new business ventures in different countries, therefore the language limitation may not be longer a barrier to my numerous business initiatives.

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