News / Blog: Glossary / Lexicon

What is entrepreneurial Thinking?

Entrepreneurial thinking is a key competency that describes the ability to recognize opportunities and creatively find solutions to challenges. It encompasses:

• Opportunity Recognition: The ability to identify opportunities and potentials for innovation.
• Creativity: Developing original ideas and approaches to problem-solving.
• Willingness to Take Risks: The ability to take risks and accept uncertainties.
• Execution Skills: The ability to translate innovative ideas into concrete actions and business models.
• Flexibility: A willingness to adapt to changes and find new ways.

Entrepreneurial thinking is relevant not only for entrepreneurs but also for professionals within organizations who aim to drive innovative solutions and enhance competitiveness.