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We Need More Entrepreneurs than Managers

@ : Home > Group Discussion > Management Topics - Discussion Room

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Ranjit Sharma said: (Wed, May 15, 2013 08:50:22 PM)    
 
Hello friends.

I think both entrepreneurs as well as managers are equally important, because of following reasons:

1. An entrepreneur makes plan but it is implemented by a manager.

2. An entrepreneur comes with new idea but a manager collects and arranges all the resources necessary for that idea to be successful.

So a healthy ratio is very important between the two for an economy to develop.

Rate this:   +1   -0


Preeti said: (Thu, May 9, 2013 06:52:47 PM)    
 
I think entrepreneurs creates opportunity and managers are the ones who keep enough powers to realize all those opportunity in the real world. And managers help in reaching those opportunity to unemployed youth. Managers are the ones who are in direct contact with working people they are quite aware of success rate of the implemented opportunity.

So I think if entrepreneur creates opportunity then manager also helps them by figuring out problems, success rate, requirements etc of the supposed plan. Since implementation of a plan is difficult part as India as developing nation need to conserve its resources so a better plan in usage of those resources is required where manager can help.

So managers are equally important as entrepreneurs. If there are more entrepreneurs then who will implement those plan n those plan will be seen in our history books. So a proper ratio is a must between entrepreneurs and managers.

Rate this:   +3   -0


Abhishek Rai said: (Sat, May 4, 2013 08:43:50 PM)    
 
Hi,

Indian economy growth is not bad but in comparison with top nations Indian economy growth rate should be increase for this maximum number of people should get job and work and unemployment should be reduced and if this happens Indian economy will be on top. For this India need more entrepreneur than manager because if entrepreneurs increases, work opportunity also increases and by this unemployed person will get work and their incomes will increase and Indian economy will automatically rise and it also reduce poverty from India which is the major problem of India.

Rate this:   +4   -0


Rohit Rathore said: (Sun, Apr 21, 2013 08:48:29 PM)    
 
According to me we need more entrepreneurs than managers because this leads to expansion of business in India which leads to profit to Indian exchequer by tax and it will also open job opportunities.

Entrepreneurs are supreme in taking decision and policy making by which they can boost their respective business while managers are just like educated slave to their masters.

Rate this:   +5   -1


Poonam said: (Tue, Apr 16, 2013 11:46:55 AM)    
 
Hi Friends,

I would like to present my views on this topic. According to me entrepreneur and managers both are important for market. Entrepreneur start their business with their creative and innovative Idea. They have idea and they know how can they use their ideas but after starting business they can't concentrate on everything. They need persons who can help to growth their business and manage all very well. A good entrepreneur with their creative and innovative ideas can easily spread their business all over world. We have a example of Infosys. But in simple words both entrepreneur and managers both are two sides of same coin "GROWTH".

Rate this:   +1   -4


Neeraj said: (Mon, Apr 1, 2013 09:01:51 AM)    
 
Hi friends, with all due respect to all your points I would like to put my view that managers and entrepreneurs both are equally important for the economic growth of a country. Definitely entrepreneurs are the brain behind any start up organisation but to carry forward with that idea and the actual implementation of that idea is done by managers.

Without managers it will be difficult for entrepreneurs to progress effectively with the idea of business they have in mind. Importance of managers can easily be seen by all top entrepreneurs such as Wipro, Infosys, TCS all are hiring thousands of Managers from b-schools every year.

So I would like to conclude that there is equal importance of managers as well as entrepreneurs for the economic growth of the country.

Rate this:   +5   -1


Raul said: (Fri, Mar 29, 2013 05:12:19 PM)    
 
I think entrepreneurs comes first as they follow there heart and innovative ideas of them and as India need more entrepreneur for economic growth and so many people unemployed, so they can help India to grow the manager in the competitive world we also need manager to minimize the risk and increase the profit there the manager role comes I would say 60% entrepreneurs and 40% managers.

Rate this:   +3   -2


Satish Mittal said: (Thu, Mar 28, 2013 03:59:44 PM)    
 
Before speaking to the topic the first thing is that we should understand about the topic. We need more entrepreneurs than managers.

1. Yes of course, by simple example we can say, in every big business organisation we see 8 to 10 top managers and the rest are managers.

2. It is widely accepted if a person is doing job in a business organisation definitely his boss will be earning more money than his managers.

3. The present youth should only depend upon the job, he/she should create innovative things, which might take them to a top level. Take the example of founder of nirma Mr. Karshan bhai patel he was the person by doing job also started a venture nirma surf and soaps today which are sold across 2 million kirana stores of India.

4. More or less government should take steps to develop business skills in the young generation of their states so that they can their own livelihood.

Rate this:   +5   -4


Aksinha said: (Tue, Mar 26, 2013 12:01:23 AM)    
 
According to my view Entrepreneurs and manager both have most contribution among their roles depending upon working ideas thinking ability and their performance.

As entrepreneur is the one who can creates new diplomatic products, by their innovative ideas which are really motivational but they can not express properly in the market.

While the manager have that quality of managing directing & organizing so that manager can communicate the product with audience easily whichever made by entrepreneurs in efficient way.

Rate this:   +2   -0


Priya Budhrani said: (Sat, Mar 9, 2013 10:07:36 AM)    
 
According to me both of manager and entrepreneurs are very important because there are one quotation that EVERY COIN HAVE TWO SIDES just like entrepreneur and manager are two sides of same coin. Entrepreneur have the idea about the business and he should also have the managing capability but entrepreneur is not enough to manage all the affairs of the business so sometimes he also needs a separate manager to give his innovative idea to make his business successful.

Rate this:   +3   -2


Sadaf said: (Wed, Feb 6, 2013 12:16:54 PM)    
 
An entrepreneur is can also creates jobs by creating a business model with his/her innovative idea. Even a housewife can become a successful entrepreneur by making a unique food item and convert it to business by selling it for profit.

Whereas a manager is one who is employed and will manage the business set up by someone else for a salary.

Rate this:   +4   -2


G.D. said: (Sun, Jan 27, 2013 12:29:15 AM)    
 
We Need More Entrepreneurs than Managers :

1) Entrepreneurs create innovative products which could be easily consumed by our huge population.

2) Managers mostly try to move in Foreign Banks and consulting firms and thus they contribute less to the nation than what Entrepreneurs do.

3) More Entrepreneurs means more competition. This will help in improving the quality of the product and will also help in reducing the prices due to cut throat competition.

Thus is more Government support is available for the Entrepreneurs, it will boost our economy and hence will be very beneficial.

Rate this:   +4   -2


Kalyani Kurup said: (Sun, Jan 20, 2013 07:59:57 PM)    
 
Entrepreneurs and managers both have their own importance. But yes entrepreneur is the one, who takes the risk of implementing his ideas and innovations. On the other hand manager is the one who works on the directions of the entrepreneur. Once the idea gets implemented by the entrepreneur, its the responsibility of the manager to stabilize the positive results of it. And without entrepreneur the existence of a manager cannot be thought of. So the need of the hour is more entrepreneurs. Who can give opportunities to the upcoming managers.

Rate this:   +13   -5


Sunil said: (Sun, Jan 13, 2013 01:03:31 PM)    
 
Yes I agree we want more entrepreneur. Entrepreneur creates the opportunities to get the job but managers are required to give the right way or direction to get success.

In India there is so many people are unemployed so if more entrepreneur they create new opportunities and people are getting job.

But the manager also important because the manage things.

Rate this:   +4   -3


Sasidhar Reddy Thambuluru said: (Tue, Dec 25, 2012 10:44:56 PM)    
 
Let us first start by defining who an entrepreneur is. An entrepreneur is a person who takes risks, puts in effort & perseveres to achieve the end result. At the end he may be rewarded for his effort. He sets examples and shows other people that a certain thing can be achieved by being an example himself. A manager by virtue of his profession is normally assigned a particular task & assigned some resources. He has to complete the assignment with the constraints imposed on him.

An entrepreneur should be a good manager to manage his team & his resources. Managerial skills are essential for an entrepreneur to succeed.

A manager can be built with the degree only when an Entrepreneur can be making by experience and he can make as many managers under it which may again can become an entrepreneur.

My conclusion would be that yes more Entrepreneur should be encouraged to take this job, in this regard some kind of opportunity should be provided and let them go after it, it is the risk taking feature which makes the distinction from a manager, and I believe this people are the only one which can achieve double digit GDP for India and maintain 6 percent growth rate.

Rate this:   +29   -0


T.Sasidhar Reddy said: (Tue, Dec 25, 2012 02:48:17 PM)    
 
Entrepreneurs and managers are two sides of a coin in the economy. The former establish businesses of their own and then manage them while the latter are only involved in managing. I think that entrepreneurs are very much required in our economy today because Indians still are extremely risk averse and this causes them to undermine their potential for performance sometimes. On the other hand the need for managers cannot be stressed more because they are pivotal to the running of our booming economy. An entrepreneur may not necessarily be self sufficient and may need managers because he may not be able to simultaneously look after all his concerns in his start-up.

Rate this:   +4   -0


Shanmugavel said: (Mon, Dec 24, 2012 06:35:07 PM)    
 
An entrepreneur and a manager are like the driver and wheels of an organization. The driver decides the direction and reach the destination with the help of the wheels. Managers manages all the work in any situation. The manager know how to manage the critical situations.

Entrepreneurs are tree and managers are branch that gives shape to the whole tree. In a tree there are so many branches but each have own value there like this managers are important. Manager work on every level in pyramid but Entrepreneurs work only top level of pyramid. Managers are directly associated with each and every level of strategic planning.

Both are the two wheels of one cycle. One wheel cannot run the organization fall down.

Rate this:   +16   -1


Dirgha said: (Sun, Dec 9, 2012 09:52:40 PM)    
 
I think we already have a number of inventions with us, so what we are required to do at the moment is to concentrate on managing them in a better way rather than calling out for new invention, smooth running of which will again demand management.

Rate this:   +3   -4


Swati said: (Sat, Nov 24, 2012 12:59:39 PM)    
 
Hi all,

The discussion is on do INDIA need more entrepreneurs or managers. Analyzing the current scenario India is a developing country and it is estimated that it will become the third largest economy by approx 2040. To reach up to that level INDIA has two options. One by having good managers who will manage the work outsourced by MNC's or by having more entrepreneurs who, with their long term envision and innovative ideas, open new sectors and opportunities.

India have a plenty of people with entrepreneurial skills. Even a student in an engineering college has ideas to open a consulting firm or so. But the problem is lack of guidance, assistance and recognition and this is what is to be provided to them to make INDIA the third largest economy.

Rate this:   +8   -2


Astha said: (Thu, Oct 25, 2012 08:20:37 PM)    
 
HI!

Entrepreneurs or managers? Its an important area to be noticed as in this growing area of industries and cut throat competition we need to focus more on maximizing profits in a smart way rather than opting for a hard way. Entrepreneurs as we all know have innovative ideas and they come up with implementing their ides into reality. Hence they are smarter than the managers who work hard all day to maximizing profits. Entrepreneurs provide us with more and more job opportunities which is real important in a country like India. Entrepreneurs takes us to the different aspects of business as well as doing business with their innovative and visionary mind. Thus giving an add on to the business field. Moreover one should prefer being an employer than an employee himself which we can achieve by becoming an entrepreneur with our creative minds! Hence in schools and colleges too students should be encouraged to become an entrepreneur by holding several product making competitions which will invite several ideas at one place and proper guidance should be given to convert those ideas into reality! After all we need more entrepreneurs and their respective ideas rather than just a manager who acts as a mere servant to entrepreneurs!

Thanking you!

Rate this:   +10   -2


Madhuri Pyla said: (Tue, Oct 2, 2012 06:21:19 PM)    
 
Hi all. As the discussion goes on I would share my views saying that an entrepreneur and a manager are like the driver and wheels of an organization. Any sophisticated and branded car no matter how beautifully it is designed, cannot ascend unless it is driven by someone (an entrepreneur). On the other hand, when the same car doesn't have wheels (the manager) , it cannot move ahead in-spite of being provided with an efficient driver. The driver decides the direction and reach the destination with the help of the wheels. Similarly the entrepreneur sets the goals and the manager takes all the risk to reach the desired goals. It demands the knowledge (Innovation) of the entrepreneur and skill (Ability) of the manager.

Rate this:   +64   -4


Amit said: (Fri, Sep 7, 2012 09:37:07 PM)    
 
As Leonardo DiCaprio would say:"An idea is the most resilient, highly contagious parasite. Once an idea has taken hold of the brain it's almost impossible to eradicate". But who will bring those ideas into actions?Those who dare to bring their ideas into practice and create something new, something innovative are the real leaders in today's highly competitive world. If you run out of ideas you are gonna loose the race sometime in near future. Managers do a fine job by ensuring that the ideas implemented are properly functioning. But what will they do if there is no idea?Steve jobs to Mark Zuckerberg to Bill Gates all of them have one thing common:they though out of the box, they possessed the highly entrepreneurial spirit. And today we have apple, Facebook and Microsoft. Why do we fail to create such world class companies?because of the lack of entrepreneurs.

We must foster and develop the environment where entrepreneurs are appreciated, assisted and recognized if we want to see any Microsoft like company coming from India.

Rate this:   +18   -1


Sachin said: (Sun, Aug 12, 2012 12:47:25 PM)    
 
Hello friends,

I think the need of entrepreneurs are must as well as need of managers because every entrepreneur is always works as a manager if we want entrepreneurs so we must need of managers.

Thanks.

Rate this:   +5   -10


Bharat said: (Thu, Aug 9, 2012 03:14:39 PM)    
 
Hello to all, the combat between entrepreneurs and managers, I mean which one do we need most, in this point what I want say is managers can quit their current job and look for another one but when an entrepreneur quits its all over for him and when if such things happen a country like India will be always in developing stage I mean will never developed. Thanking you.

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Narayana said: (Thu, Aug 2, 2012 10:58:29 PM)    
 
An entrepreneur is a manager in itself, even he is more than a manager serving more people, takes more risk and responsibility compared to a manager. So in my opinion society needs an entrepreneur first than a manager. More over an entrepreneur initiates a new business, concept and serves the society various ways where as a manager undertakes limited risk and works for the organisation and serves the purpose for which he/she is employed for.

Rate this:   +14   -1


Vivekpatel1303 said: (Tue, Jul 17, 2012 05:48:07 PM)    
 
Yes, we need more entrepreneurs because they are working for society, culture and towards improving our system. And they guys have exceptional risk taking ability than managers.

And entrepreneur can think beyond limits. They are tricky.

Rate this:   +7   -1


Vidhi Rai said: (Mon, Jul 9, 2012 01:01:57 PM)    
 
I think both managers and entrepreneurs are important for any organization because managers manages all the work in any situation and entrepreneur gives the innovative ideas.

Rate this:   +2   -3


Ashish Kumar said: (Tue, Jul 3, 2012 01:33:46 PM)    
 
Hi friends, we know very well that every business goes on by its entrepreneur that is the source of the profit without entrepreneur there is not any business grown up, manager manage the business that means how to manage the profit, loss, product price, product range etc., that is the duty of the manager. Entrepreneur is the part of the business without entrepreneur business is not possible but without manager business is possible initially.

Its mean to say that when you start the business initially you must have the money not manager, initially you are the manager of your own business. When your profit is increases than you thought about other person to manage your company.

In other case when you have the lot of capital than you must thought about manager and other employee to manage the company. In that case also entrepreneur is more important that manager for profit.

Rate this:   +21   -2


Vanniyaselvi said: (Thu, Jun 21, 2012 09:56:21 PM)    
 
Hi friends,

I think both the manager and entrepreneur are important for the developing countries, because the manager know how to manage the critical situations,
and entrepreneurs are the investors and they also know have the managing skill.

Rate this:   +4   -8


Rajib Yumnam said: (Wed, May 9, 2012 09:13:22 PM)    
 
Hi to all,

This discussion is going very interesting. I also like to contribute my views. Entrepreneurs are innovative, visionaries and create opportunities as some of us already made this point. In a developing country with such population like India, I would say we need more Entrepreneurs than Managers to lay more roads to towards achieving development in all the sectors. We have seen CHINA as an example. Thanks.

Rate this:   +9   -1


Subhajit Pramanik said: (Sat, Apr 21, 2012 11:50:41 AM)    
 
Hi friends,
Entrepreneur creates the opportunities to get the job but managers are required to give the right way to get success. If I get an opportunity then I will get the chance to give the right direction to achieve success to my company.

Rate this:   +1   -4


Junaid said: (Thu, Apr 19, 2012 09:07:31 PM)    
 
Hi friends,
Both entrepreneurs and managers are necessary for organisations. It is the entrepreneur who takes the initiative and risk to establish a company. An entrepreneur should not only provides jobs for himself but for thousands of people working in the organisation. Again, when the organisation set by an entrepreneur expands, the need for managers also increases. It is the manager who manages the organisation in the midst of rivals, copes up with the change and expand the business set by an entrepreneur. So we need both entrepreneurs and managers but the first prefer is given to entrepreneurs because it is only when there are entrepreneurs that the managers would get jobs.

Rate this:   +34   -1


Abhinav said: (Sat, Mar 31, 2012 12:35:47 AM)    
 
As an Entrepreneur, I would like to admit that, Entrepreneur are not enough for making any business successful. I have worked in a MNC where manager rules, they focus on process not on product. But, after a certain point, you could feel that managers are necessary, since things are getting mess. Manager will bring process to manage that mess.

Rate this:   +10   -1


Pooja Joshi said: (Mon, Mar 26, 2012 04:02:39 PM)    
 
According to me we need entrepreneurs but not more than managers. If to say about a team so there is always only one leader and others are the followers. Any target can achieve through only with team work where the number of manager will always be high than entrepreneurs. A leader is sufficient to lead the whole team but leader can not do anything without the team members so we need entrepreneurs but not more than managers.

Rate this:   +6   -2


Tanutanu said: (Sat, Mar 24, 2012 11:07:21 PM)    
 
An enterprenuer starts and operates a venture always keeping his vision in his mind.

He is directly invloved in the sucess of an organisation. His business gives the employment to others and a manager is one such employee. A manager's work is to apply his management techniques to meet the objectives of an organisation.

I feel that a developing country like ours needs more enterprenurs like Dhirubhai ambani, JRD tata, Subhash Chandra, Narayan Murthy etc who with their innovative ideas can provide employment to our people which can greatly affect the economy of our country. Also, at the same time it will reduce our dependence on foreign companies for generating employment.

Rate this:   +32   -1


Sowmya said: (Thu, Mar 22, 2012 11:45:36 AM)    
 
In the present trend of growth in entrepreneurship and managers, I would support for entrepreneurship as it mainly focuses on the type of firm they are putting on in the market. So the need for the development of every field is very vital.

Managers are the ones who tend to manage very many companies but the type of firm also carries importance as it stands as a platform for the sustainability of employment point of view and the place to showcase their talent.

Rate this:   +2   -9


Manoj said: (Sun, Mar 18, 2012 12:16:35 PM)    
 
In deed, every manager is an entrepreneur. But coming to the present scenario, we know that "Necessity is the mother of Invention" so as a result we would require more entrepreneurs but an entrepreneur for an organization can be sufficient but a manager for an organization is not at all sufficient Eg: sales manager, General Manger, HR manager etc are the different managers required so probably the Managers are the ones who are required more with the increase in the entrepreneurs,

But there would arise a problem of employability if we have less entrepreneurs and more managers so that ratio should be balanced for successive growth of market.

Rate this:   +42   -7


Jinesh said: (Thu, Mar 15, 2012 12:27:10 PM)    
 
According to me, all managers are Entrepreneurs in some way or the other. Because managers also have a very important role in an organization, they have to achieve their goal in the best possible way. They don't always have to follow a roadmap to accomplish their goal, rather they have to achieve it with their own ideas and skills, which also invloves taking risks. So Just working in an organization/ company not started by them, don't diffrentiate managers from entrepreneurs.

The need of the hour is : entrepreneurs who can work like managers and managers who can think like entrepreneurs.

Rate this:   +14   -3


Ankur Gupta said: (Mon, Mar 12, 2012 12:27:23 PM)    
 
The ratio between the two has to be maintained in order to have an overall development.

Its true that one Entrepreneur gives employment to many managers, but if there are less number of managers than turning an Entrepreneur's dream to reality will not be an easy task.

Vice-versa if there are less number of visionaries (ENTREPRENEUR) than there will be drastic decrease in the requirement of elocutionary (MANAGERS).

Also entrepreneur task makes an outline of the new products and direct the work whereas a manager has to bring profitable changes to make the product more fruitful.

So I would sum up saying both are sides of a coin, incomplete without the other.

Rate this:   +13   -1


Sagarika Guha Thakurta said: (Fri, Feb 17, 2012 11:36:09 PM)    
 
Managers are more needed rather than entreprenuer. Although entreprenuers have a innovative idea and they can apply their innovative idea to build up their business. Apart from that entreprenuer have got their capital from market/family/loan institution to start up their business. But there is a risk if their business would be success in future or not. There are few entreprenuers are there in India who had start up their business and closed down their business due to huge loss. Managers are needed more than entreprenuer because they are not running their business, they are the employee of an organisation and their thought are important to achieve a goal of an organisatation.

An organisation cannot run successfully without managers because managers play a leadership role in his/her team. Managers can motivate their team so as to they can achieve their goal successfully and make a organisation a profit making organisation. So managers are more needed than entreprenuer.

Rate this:   +10   -1


Aravind Kumar Singh said: (Sat, Feb 11, 2012 04:00:10 PM)    
 
Both traits must exist simultaneously in any organization. Entrepreneurs are visionaries, who think long terms goals on the other hand managers thinks short terms and thinks short term goals. Entrepreneurs focuses on new products and breakthrough processes while manager focuses on improving products and processes. Entrepreneurs builds success through managers and employees while manager build success through quality. Entrepreneurs influences while manager supervises. Entrepreneurs thinks strategy while manager thinks tactics.

Thus to conclude both are essential requirement of a successful organization as we need one person to generate ideas and many managers to implement them. SO if no of entrepreneurs (ideas generators and business creator) increases in an organization then one should 10 fold increase the numbers of managers (implementers of ideas and business).

Rate this:   +25   -2


Anshu said: (Wed, Feb 1, 2012 04:41:51 AM)    
 
According to me we would always require more of managers than entrepreneurs.

When we talk about economy of a country we mainly talk about GDP. An entrepreneur surely helps in raising GDP and giving employment but sooner or later he would need quality managers to carry out his ideas. As business grows number of managers required also increases. There is direct proportion between both if one increases the other has to increase.

Rate this:   +8   -1


Karan said: (Tue, Jan 31, 2012 07:38:00 PM)    
 
As per the discussion we need more entrepreneurs in our country as they are the who will get the ball rolling.Managers lead the team but obviously work under someone.So what we need right now is that someone who will give tons of job to such managers.As to improve the falling state of our nation it is the need of the hour to work upon the entrepreneurial skills of the people,so more of such kind will involve and take the charge to charge up the whole nation...

Rate this:   +4   -1


Sachin Agrawal said: (Sun, Jan 29, 2012 05:27:47 PM)    
 
I belive that both of them are equally required to run an organisation in a successful way. It is the entrpreneur who brings new ideas and work for innnovation and it is the manager who implement those ideas in an organisation. They both are two sides of one coin so, they both should work together for countries development.

Rate this:   +30   -0


Chaudhary said: (Fri, Jan 27, 2012 12:19:06 AM)    
 
According to me entrepreneurs can play more important role than managers in a developing country as like India because as we are in a stage of development this means that there is a large need of employment to continuing the pace of growth and by creating new entrepreneurs, we can achieve a dream of becoming a developed country in a very short span of time.

Rate this:   +4   -0


Komal said: (Tue, Dec 6, 2011 09:05:00 PM)    
 
In a country like India we definitely need more entrepreneurs because they are the one who generate employment. But we cannot deny that managers are not needed . First of all an entrepreneur has to be a good manager.

Rate this:   +7   -2


Sonu said: (Wed, Nov 23, 2011 01:31:39 AM)    
 
I think entrepreneur is super set of manager. A entrepreneur will be a good manager but manager can or cannot be good entrepreneur as doesn't have quality to take calculated risk. But since entrepreneurs contribute to social and economical environment also, like increse in employement, increse in gdp etc. So we certainly need more entreprneurs than managers. Having said that we cant't underestimate managers because entrepreneurs reqire managers to carry out thier day day operations.

Rate this:   +25   -2


N S Reddy said: (Tue, Nov 22, 2011 09:22:16 AM)    
 
Hi friends,
I agree that both entrepreneurs and managers are equally important for a firm to flourish. But the discussion here is not about deciding who is superior to the other, it is about whether do we(Indians) need more entrepreneurs than managers in current scenario? I would say YES.

The two main issues of concern for the transition of Indian from developing to developed are poverty and unemployement. The only way to alleviate them is by creating oppurtunities. So the need of the hour is to have more people who create oppurtunities i.e entrepreneurs rather than managers as they are mere job seekers.

The other issue of concern is 'brain drain'. Eventhough India has been one of the best producers of intellectual minds in the world it has not been utilising them for its growth. Again main reason for this is lack of oppurtunitunities which meet the standards of intellectuals.

So I would say we need more entrepreneurs who gives life to ideas and materialises the dreams.

Rate this:   +109   -2


Shatrughan said: (Tue, Oct 18, 2011 05:02:13 PM)    
 
Deffirenc between the managers and enterprenur is like defference b/w producer and consumer. Enterprenur should need to be good mangers before make an industry. So I think we first need to managers. But agian point of view enterprenur setup the industry and give job to managers. So it could not be say correctly which is best. It may be depend upon the the situation. Enterprnur need more money for estabilish the an organisation. They increase the economy of the country.

Rate this:   +4   -10


Tanmay Das said: (Mon, Oct 10, 2011 12:58:41 PM)    
 
Managers and engineers can be produced by the colleges and universities. They are well educated, but education and qualification are not the matter of interest for an entrepreneur. These educated and managers have a dream to work in the companies of school drop out entrepreneurs. Such entrepreneurs are required who have the dream that I will not go for a job where I will get paid Rs. 20,000 per month, rather I will open my own company and will provide Rs. 20,000 jobs to 20,000 people working in my company.... For example.. Bill Gates(Microsoft), Steve Jobs(Apple), Markes Jacuberg(Facebook), Dhirubhai Ambani(Relaince), Shubroto Roy Sahara(Sahara group of industries)...... and many more..

Rate this:   +7   -2


Therohan said: (Mon, Sep 19, 2011 11:57:37 AM)    
 
I would say go for MBA in Rural management OR Agribusiness.

KIIT School of Rural Management (KSRM) offers MBA in rural management in which students get to learn about corporate social responsibility management, rural marketing, NGO management, agri-business, micro finance, and more. KSRM has tie-ups with several organizations and students have been placed in various reputed organizations such as SEWA, Development Alternatives and more. Students doing rural management can work in banking sector, public sector and even corporates for agri-business portfolios.

The Admissions in KSRM (KIIT School of Rural Management) for MBA in Rural Management & Agribusiness program will be through written examination conducted by IRMA.

The scores of IRMA will be used for short-listing of the candidates for admission to MBA (RM) and MBA (Agribusiness) program of KSRM.

The IRMA exam is scheduled to be held on 13th November, 2011.

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Rahul Gaur said: (Fri, Aug 26, 2011 04:06:12 PM)    
 
Entrepreneurs and managers are the sides of the same coin.Entrepreneurs and managers are complimentary to each other . Unless both of them work towards the same goal,they will not meet success.They have to be the part of same team,hence team work among them is most important.Entrepreneurs forms a base while managers shapes business on those bases.Absence of anyone will make any system incompetent and hence both of them are important and cant be compared.

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Apurv said: (Sun, Jul 31, 2011 05:28:21 PM)    
 
The basic body of a firm contains 3 branches upper, middle and lower management.

And an entrepreneur belong to a class of upper management and manager comes under rest of the two classes depending upon the field of technicality chosen by the managers for a firm to show its excellence it is important that both entrepreneur and manager are required.

As I suppose entrepreneur and manager resembles the same meaning but differs in the aspect of the way of doing work, so an entrepreneur provide an employment and the manager who seeks for the employment is also required for a firm just as a person who is having a parts in his body that's why entrepreneur is just like a heart of a body which care for the functioning of purifying and pumping of blood to all the parts of the body. Even the manager who works for the welfare of the firm just as a functioning of body parts.

Therefore we can't differentiate the requirement of entrepreneur and manager of any firm who are the whole and sole workers for the economy of the country, so it is important that as how we need entrepreneurs we need even the managers.

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Pritam said: (Sun, Jul 24, 2011 08:41:30 AM)    
 
Yes I also agree that we need good enterprenuers. Large no. of management graguates shouldn't search for jobs, but they should try and create jobs for others. They should concentrate on their own ventures. As we all know now a days facilities and oppurtunities are large so they should take advantage of it. But i would like to add that only a good ,manager can be a good enterprenuer. So It should be said that we need good managers who can be good enterprenures.

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Nandu said: (Sun, Jul 17, 2011 03:26:16 AM)    
 
Yes, I agree with the statement that "we need more entrepreneurs than the manager".

I would like to ask a question that if there is no company or industry, where these mangers will going to work? to establish a company we need entrepreneurs, after establishing the company, managers will play vital role to mange the things. But the whole direction was given by entrepreneur. So we need more entrepreneur, they will make more number of managers.

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Shri said: (Tue, Jul 5, 2011 04:18:59 PM)    
 
We need more managers than entrepreneurs this is because when an investor invests his money on a particular project he thinks that this project will surely be an success and let us consider that this project has come be an success and the enterprise goes on increasing and becomes vast we need managers to handle various parts of the enterprise such as the finance part, the hr part, relationship part etc. Thus we need more managers in an enterprise so that they can take care of different parts of the enterprise. If manager is termed as x and entrepreneur is termed as why.

Then their relation is:"y=n*x".

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Manjeet said: (Tue, Jul 5, 2011 02:53:40 PM)    
 
Yes, I am totally agree with the point that we need more entrepreneurs than managers. Because very simply, managers requires a company or a firm to work, to manage things. But that company is to be established by entrepreneurs only. If there'll be no or less entrepreneurs how can a manager survive.

Moreover the point is of the development of country. We definitely have to compete with other countries and we already have problems like unemployment. So as the number of managers by curriculum has been increasing. Need of entrepreneurs are highly noticed.

Though both are necessary for overall progress. Entrepreneurs weighs more because an entrepreneur can work as managers because of its experience, decisive skills etc. But its very hard for a manager to rise as an entrepreneur or work like it although its not impossible.

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Richa said: (Thu, Jun 30, 2011 10:01:21 AM)    
 
Yes, I think that their is more need for Enterpreneur than Manager, bcoz a person who proves to be a good investor or enterpreneur will automatically know how to manage the things... In developing country like India we cant say that we dont need a manager or we dont need an Enterpreneur, infact he need to have both the qualities...

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Niyoti Mehta said: (Sun, Jun 5, 2011 02:30:58 PM)    
 

India is a developing country, and hence to let India get the tag of a developed nation, we need to grow immensely in the various sectors...spreading our industrial and service web all over the globe.

This can be achieved only when we have more and more number of new entrepreneurs or rather investors who are ready to open up organizations...giving employment to the Indian mass as well as outsiders.

But i disagree with the statement "We Need More Entrepreneurs than Managers"....
This is a comparative statement, comparing the need of future entrepreneurs to that of managers.

we definitely need as large a number of investors as possible but then the same will be accompanied by an increased demand of the number of quality managers.
suppose an entrepreneur starts a firm,as his business grow, he will definitly need more and more number of managers, so for a single organization or entrepreneur there will be many managers working...

hence we can say that the requirement of number of managers is dependent on the number of entrepreneurs but the rate at which managers will be required in future will be much more then that of number of entrepreneurs.

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Nitin Agrawal said: (Wed, May 25, 2011 01:29:07 PM)    
 
I think entrepreneurs are better than manager because they are risk taker, initiative and India need these all things. If there will not be entrepreneurs than managers can not work.

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Gaurav Giakwad said: (Sat, May 21, 2011 01:34:45 AM)    
 
Yes, we need more entrepreneurs than manger cause the entrepreneurs are the risk taker and inverters too & they are rarer in count as compare to the managers but to be manager their is need of one company, one organization which is only provided bye the entrepreneur but the other side is too be successful company it needs the mangers too but the point is if we haven't much more entrepreneur, s company what we do with having the large number of managers.

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Prashanta said: (Wed, Apr 27, 2011 04:38:38 AM)    
 
Entrepreneurs are tree and managers are branch that gives shape to the whole tree. In a tree there are so many branches but each have own value there like this managers are important but without entrepreneurs managers will not created so both are dependent to one another, they are complementory to each other.

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Pavan said: (Fri, Apr 15, 2011 05:03:24 AM)    
 
Ya it is true that India need more entrepreneur than manager as India is developing country. If we want to compete with the developed countries. There is no other option except setting up more and more company in our own soil. Other countries people set up here their own companies, provides us more job but our currency goes out. So if owner is ours, we can protect of it. I think India producing more managers in current time. Many of them migrates abroad due lack of facilities and all that. Govt with entrepreur can prevent their magration and produce the glories India.

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Himani Mishra said: (Sun, Apr 10, 2011 02:32:58 PM)    
 
According to my opinion ,"India is full with Managers, Indian are not only working as a manager in our country but in the entire globe and no doubt are known for good managers.But today the demand is something else, in order to rule the world and achieve good heights we need Entrepreneurs, the risk taker, the job provider not the job seeker........

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Hari said: (Fri, Apr 1, 2011 01:18:21 AM)    
 
We need more entrepreneurs than Managers:


Most of our Indian Professionals are working for MNC companies and Indian companies and only the few percent think of own business. The reason is that only few are ready to race risk.


We are all satisfied with what we are paid. But the fact is, We are paid truly less than other country people and also only Indians work overnight. India is number one outsourcing hub for world. The reasons are, India provides Cost benefit,time saving,quality services and complete management of work. This is key reason for outsourcing to India.

Due to our Human resource and cost efficient work, more than 500 fortune companies are outsourcing to India. Few top companies are having their manufacturing bases in India. Thus, we are best Managers than Entrepreneurs.

Our government is providing a range of loans for encouraging Entrepreneurship. Also our IIM students are rated top in intelligence.

entrepreneur and manager are two sides of the coin. they both are important for the substantial development of economy. Entrepreneurs provides job for more mangers and they not only lead our economy forwards but also employment level reaches acme. so, we need more Entrepreneurs than managers for best development of our society, but also we need managers for supporting and leading Entrepreneurs in the right way.

I conclude by saying, If number of Entrepreneurs increases, then the number of mangers increases, which leads to employed, educated and developed society and self-sustained economy.

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Gauri said: (Mon, Mar 21, 2011 02:40:15 AM)    
 
I am agree with those who say more entrepreneurs are the need of hours and I think that the demand of good manager follows the arising number of entrepreneurs. They go hand in hand so we can't exactly say which one is needed more. This is not necessary that a good entrepreneurs is a good manager.

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Nikninja said: (Fri, Mar 4, 2011 11:37:41 PM)    
 
Hello friends, from my point of view good entrepreneurs and good managers are complementary to each other, both are the important persons in a business and plays vital role in any organization's growth. Entrepreneurs generally are the business rulers because they have some innovation idea, but the proper implementation of that idea is also necessary and managers are the persons who know how to implement those idea in most efficient way for the better growth of organization.

So entrepreneurs are the front end of an organization but the background role of managers can not be neglected.

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Kesava said: (Tue, Mar 1, 2011 11:02:13 AM)    
 
Good entrepreneurs always play key role in development of the society by providing more jobs based on the work.Apart from this managers also should play a vital role in building up the organisation by their skills.In that case the entrepreneur has the chance to widen his organisation to various fields.Best example everyone can understand is dhirubhai ambani who spread his brand name in various fields.

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Dev said: (Wed, Feb 23, 2011 04:58:34 PM)    
 
We have world class entrepreneur like ambanis, tata, birla, bharti etc. And world class manager as well like indira nooyi, depak khetrapal, who are working 4 foreign companies, in over country thousands of MBA passout every year so basic priority is we need entreprenuer, if there is then manager means good managers are there in over country. We are far behind in invetion and innovation and not ready to take risk but for coplete growth we should, so both are necesary entrep. 4 planing new idia and maner for execution and one of the most important thing is project manager we are lacking in this so it should be improved.

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Phanindra Palagummi said: (Sat, Feb 19, 2011 10:46:28 AM)    
 
I feel both are equally important,if there are no managers then there is no use of entrepreneurs if there are no entrepreneurs then they are no use of managers,both are needed for a company and it is completely an individual choice to become a manager or entrepreneur.I appreciate some of the statements who said that "both are being a two faces of a coin" and i do accept some of the statements that entrepreneur creates the employment opportunities but there is no use of employees when there is no one with good management to coordinate the employees and how can a organization survive in that situation...and how can more recruitment is added...as there is no gurantee of present employees...

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Manojprabhu.R said: (Fri, Feb 18, 2011 11:57:42 AM)    
 
In my point of view entrepreneurs and managers both are must, without entrepreneurs there will not be any company and same way without managers there will not be any lift in the company.

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Mysty said: (Fri, Feb 18, 2011 01:36:37 AM)    
 
I strongly believe that the statement is not conveying that, "All the managers have to come out of their companies and start their own business" but every manager should work as an entrepreneur, who puts his heart and soul into the business (or work) to achieve the set goals rather than working for a mere salary without proper involvement.

Coming to the point that entrepreneurs develop new job opportunities, imagine a company that is on a success rate due to the efforts of its dedicated manager will certainly find ample number of new job opportunities.

Thus an entrepreneur or a manager should lift up the company in greater heights that people will remark as yes it is because of his devotion that the company has grown up so well.

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Karan Kapoor said: (Thu, Feb 17, 2011 10:45:29 AM)    
 
Yes we need more entrepreneur than managers, because it create the employment opportunities for unemployment peoples directly & indirectly. Directly means self employed as a entrepreneur and indirectly means by providing lot of job to others. And with use of innovative idea for productivity provide best quality products to customers in cheap price, which improves peoples purchasing power & standard of living. Entrepreneurs not make profit for self, but make profit for all means unemployed people, buyers & nation revenue by tax paid.

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Angita said: (Thu, Feb 10, 2011 05:49:47 AM)    
 
Entrepreneur and managers are complimentary side of a coin they go parallely and grow together. IF enterpreneur is the brain behind the organisation then manager is the backbone, one gives the foundation and other gives the strength to it. As it was said I would agree a entrepreneur without manager is a gun without bullet.

Although in a developing country like India we need entrepreneurs more, as managers are already there but entrepreneur are not sufficient who can utilize them.

So talking specifically about India we need entrepreneur more otherwise in a normal scenario both are required equally to run a business efficiently and effectively.

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Ajay said: (Wed, Feb 9, 2011 02:47:52 AM)    
 
Entrepreneur's are responsible to materialize raw ideas. They work on their ideas and establish a firm, from stratch. It is after this role of managers come into picture when most difficult task of establishment is already done. However they are required for efficient working of the organisation, but plays a less important than tht of entrepreneur.

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Malay said: (Mon, Feb 7, 2011 06:20:40 AM)    
 
Entrepreneur are those who generate employment in society & help in economic growth of country, entrepreneur are responsible for loss, risk & profit of the firm, while manger where does not create any employment they work under any firm or organisation manager having only certain goal which are provided by firm only.

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Varun Kumar said: (Mon, Jan 24, 2011 12:18:54 PM)    
 
According to my views a manager and an entrepreneur are two sides of a coin.A company cannot survive without a manager and an entrepreneur because a manager cannot do anything without a great idea and an entrepreneur cannot get company at hieght of success without a proper management.

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Bhakti said: (Sun, Jan 2, 2011 01:28:29 PM)    
 
I think our country needs more entrepreneurs because one entrepreneur can create jobs for many managers. Our country needs more people like Mr.Narayan Murthy, Mr.Dhirubhai Ambani and Mr.Ratan Tata who with their innovation, hardwork and passion have raised their business empires.

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Vishal Naik said: (Sun, Jan 2, 2011 04:42:45 AM)    
 
every entrepreneur is having future vision and manager have to work according to that vision and have to manage existing organization. manager can be produced from b schools but we can not produce entrepreneurs. entrepreneurs can be developed.

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Ranjith said: (Sat, Jan 1, 2011 11:59:09 AM)    
 
Every entrepreneur has one or more organizations which is one to many relationship. Every organization requires many managers. There should be some sync between entrepreneurs and managers but categorically more managers are required because if the entrepreneurs exceed the number of managers, there will be enormous organizations but less managers to lead the tasks in them.

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Manish Swaroop said: (Mon, Dec 20, 2010 03:18:36 AM)    
 
Today competitive world needs more manager as we can see the ample number of companies are doing business in every sector so in order to run the business in a successful manner, it's only managers who can do it keeping the view of mission and vision of the organization.

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Vikas said: (Sat, Dec 11, 2010 09:19:22 AM)    
 
Yes I agree with my friend, both are the two wheels of one cycle. One wheel cannot run the organization and second reason e. G. Manager work on every level in pyramid but Entrepreneurs work only top level of pyramid. Managers are directly associated with each and every level of strategic planning.

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Pradeep Kumar said: (Fri, Dec 10, 2010 02:39:37 AM)    
 
Entrepreneurs are the key person who manage the real business, they have the ability to think of business on a large scale and they make it. Managers only manage the work that is assigned to them but an Entrepreneur does not mean that he/she owns the company or firm but works towards the betterment and improvement of business and brings new tasks. So we can say when a task is there only then we need a manager.

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Sudha said: (Thu, Dec 9, 2010 07:03:25 AM)    
 
The difference between an entrepreneur and a manager is like the difference between an inventor and an engineer. One develops the blueprints, the other ensures that the machine keeps running well. Even when they're housed in the same body, they are different spirits, and one is not superior to the other. A business will always benefit from a creative navigator to plot its course, but it also needs steady hands at the helm.

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Swati_G said: (Mon, Dec 6, 2010 04:03:11 PM)    
 
We are limiting ourselves to entrepreneurs who owns a business. Entrepreneur is one who is a real innovator a real thinker and someone who drives the organization from one level to another. Any person in an org should be an entrepreneur first then manager. Anyone can accomplish a given set of task and implement. A manager if does something innovative and he gets reward for it. So he becomes an entrepreneur. So I completely think entrepreneur 1st then managers.

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Priya said: (Mon, Dec 6, 2010 03:28:49 PM)    
 
I agree that entrepreneurs are more than managers because a fine manager may also become a well known entrepreneur in his future. Any person with well known innovative ideas are always welcome in the world. So a good managing manager will definitely become a well known entrepreneur in his future. So entrepreneurs are more needed.

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Mayur said: (Mon, Dec 6, 2010 02:30:56 PM)    
 
It not so that all the innovative ideas are implement in right manner, even they (entrepreneurs) cant predict the outcome of their ideas, but manager through their good experiences they can predict various outcomes/result which helps in growth of industries and ultimately the nation.

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Akshay said: (Mon, Nov 29, 2010 06:39:36 AM)    
 
I agree to Deepak's point but I want to add that if we are talking about the economy growth then the visionary ideas should be put into reality and this is possible if we have good managers, thus according to me the quality of managers is much important the actually quantity. It will take less time to implement the ideas in a quicker manner.

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Deepak C said: (Sun, Nov 28, 2010 08:12:00 AM)    
 
Entrepreneurs are the one who takes responsibility to start an enterprise. And he has the vision to take right decisions. They are actually made to create the managers. They have their own ideas and they try to implement the same for the creation of enterprise. But managers unlike them are just paid salary and kept under them to act according to entrepreneurs actions.

For the economy scenario existing more and more of them have to be created to just to take the level of a country to esteem and adorable level.

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Anirban said: (Tue, Nov 16, 2010 03:43:31 AM)    
 
As far as the modern economic scenario, there is huge requirements of jobs. So motivation towards generation of more Entrepreneurs is important than managers.

Rather a good entrepreneur is also a good manager.

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Shabih said: (Mon, Nov 15, 2010 01:30:32 AM)    
 
As far as I am concerned competition between organizations are less and the employees in same organizations are more. Today people are fighting for to show some skills. And in the technological era organizations are squeezing their employees, so the students should be teached in the practical virtual society to learn some entrepreneurial activities and some practice on field.

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Bhanu said: (Fri, Nov 12, 2010 03:03:33 AM)    
 
I think a person who manages an organisation or group of staff, for example a system that controls or organise a process ie manager.

A person who sets up a business, taking on financial risks in the hope of profit i.e entrepreneurs.

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Manas said: (Wed, Nov 10, 2010 02:35:34 AM)    
 
I think Mr. Ankur is far away from topic of discussion. I belive, infact I think you are a book worm and you can not rationalize the practical things of the life. Hence please refrain from such statement which can spoil the career of many students/many entrepreneurs.

Don't take it otherwise it's my humble request.

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Manas said: (Wed, Nov 10, 2010 02:24:04 AM)    
 
Whether Mr. Gandi, Mr Neheru, Mr Lal bahadur Shastri, Mr Dhiru bhai Ambani, Mr. JRD Tata, Mr. GD Birla were having any Management degree? No, Still they were the leaders and entrepreneurs. Even at those time there was hardly any term management. It is only the bias of modern students who think that MBA or Management skills are must. It is absolutely needless. It depends upon the nature of job. If everyone will be a manager then who are the followers. Then how the entire system will run? Hence, friends, in my view we must carry our own interest and should give our efforts to win with our own skills.

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Ankur said: (Fri, Nov 5, 2010 04:41:02 AM)    
 
Well, In my opinion innovative ideas without proper management would turn into a damp-squib.

So to tune their innovative ideas an entrepreneur needs to posses good management skills.

Definitely entrepreneur's innovation is required required in todays market oriented world with cut throat competition but the value of good managerial skills are also indispensable quality to fructify the innovative idea.

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Aakash said: (Thu, Nov 4, 2010 10:36:13 AM)    
 
I think we are going away from the point of this discussion. Especially Dinesh and Lakhan.

The essence is we need more entrepreneurs than managers. Not The present status of the enterprise. We should either focus on the needs and the need is the new innovative ideas which can only be provided by an advanced level manager or an entrepreneur. I have made that point clear in my previous comment.

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Su01 said: (Wed, Nov 3, 2010 02:27:18 PM)    
 
According to me we require more of entrepreneurs than managers. Reasons are many-India being a country with a huge population it is very difficult for each and everyone to find a job for themselves. Instead they could implement their own ideas and start new business. By this they can create employment for themselves as well as others.

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Lakhan said: (Wed, Nov 3, 2010 07:55:57 AM)    
 
ACCORDING TO MY OPNION ,MANAGER WILL HELP THE ENTREPRENURES TO BUILD ANY BUSSION OR TO GET SUCCES IN THEIR BUSSINESS MANAGERS WILL PLAY AN VITAL ROLE, SO MANAGER HAVE IMPORTANCE AS THE OTHER PERSON HAVE IN THE COMPANY .BECOMING THE MANAGER WILL GIVE AN EXPERIENCE TO THAT PERSON .

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Patel Dinesh said: (Mon, Nov 1, 2010 03:18:33 PM)    
 
Manager is a person who mange the company or enterprise. A manager who is enough capable to stabilized enterprise or company is called entrepreneur. Entrepreneur can successfully handle small enterprise but when enterprise grow enough than enterprise required more manager. That mean's enterprise have less number of entrepreneur than manager like Tata, Kingfisher, Reliance and so on.

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Aakash said: (Sun, Oct 31, 2010 11:14:06 AM)    
 
I completely agree with Vishal. Entrepreneur is someone who has innovative ideas and is always willing to take the responsibilities of its outcomes. So indirectly the first step towards the growth of nation or a company lies with the Entrepreneurs. Without them its impossible in developing the nation. Hence Entrepreneurs are more required than managers. But still both are the two sides of the same coin " GROWTH ".

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