A study of an entrepreneurial competencies of small-scale industries of Chandrapur

Abstract: This study investigates the impact of entrepreneurial competencies on the success of small-scale industries in Chandrapur, focusing on identifying key skills and training needs for local entrepreneurs. The analysis is based on a comprehensive evaluation of factors such as strategic thinking, opportunity recognition, financial management, leadership, and innovation. By examining Garret Mean (GM) scores and ranking data, the research highlights that strategic thinking and opportunity recognition are perceived as the most critical competencies for business success in the region. Financial management and leadership are also important but rank lower in comparison. The study reveals an inverse relationship between percentile position and Garret scores, suggesting that higher-ranked positions might experience a decrease in satisfaction or performance measures. The findings underscore the need for targeted training programs to enhance specific entrepreneurial skills, with a focus on areas where performance is currently lacking.