Entrepreneurs see change as an opportunity rather than a threat. While they do not directly cause change, entrepreneurs actively search for changes in the environment, respond to changes, and exploit changes to find new opportunities. According to management expert Peter Drucker, entrepreneurs view change as a normal and healthy occurrence that can be beneficial.

1. ENTREPRENEURS SEEK CHANGE AND
EMBRACE IT AS OPPORTUNITY
The UIE – United International Entrepreneurs
Group Members: Cami, Omar, Fede, Abdallah, Jane,
MichMich

2. THE QUOTE
“Entrepreneurs see change as the norm
and as healthy. Usually, they do not bring
about the change themselves. But the
entrepreneur always searches for
change, responds to it and exploits it as
an opportunity”
– Peter Drucker

3. THE MAN
 Drucker was born on the 19th of
November 1909 in a small
village called Kaasgraben in
Vienna Austria.
 After WWI and the defeat of
Austria-Hungry he moved to
Germany to work and study
there. He worked as a
journalist and a banker
 Drucker earned his doctorate in
Public and International law at
Frankfurt university in
Germany.

4. THE MAN
 The rise of Hitler and the Nazism forced
Drucker to move to London in 1933.
 Four years later Drucker left London heading
to the US to become a freelance writer and
university professor.
 Drucker earned the US citizenship in 1943
 In 1945 Druckers joined the General Motor’s
management team.

5. THE MAN
 During his work at GM, Drucker developed
several new ideas in management and authority
and the concept of corporation. This concept
helped to the division of labour.
 In 1975 Drucker began working as an editorial
Columnist for the Wall Street Journal and
contributed to prestigious magazines such as:
Harvard Business review, The Economist and
the Atlantic monthly.
 Drucker died from natural causes on the 11th of
November 2005 in California.

6. WHAT DOES IT MEAN?
Acronym:
 C = Convert; Challenge, but also Opportunity
 H = Healthy; Happens; Helps; Hopeful
 A = Ambition; Adventure; Action
 N = New; Not Negative ;)
 G = Great; Growth
 E = Enterprising; Energising; Exciting

7. WHAT DOES IT MEAN?
 Entrepreneurs (AT)
 are the reason that the world is evolving
 constantly looking for new ideas and opportunities
 look for revolving issue or opportunity to find this
change
 As a future Entrepreneur, this quote means a lot
to me (CT)
 we must embrace change: challenge & opportunity
 we must let it happen on its own (– we will see more
about this in slide 7)
 Change is the sustainability of life, and thus
businesses (FM)

8. WHAT DOES IT MEAN?
 Entrepreneurs see the change as the key of success
to their business that’s why they see change as
healthy and as the norm  Change is a crucial
criteria to the success of my business (OT)
 It happens every day, every moment, everywhere.
 learn to embrace and honor it,
 Companions: Fear and Uncertainty.
 Change is inevitable.
 How we respond
 Openness and Gratitude (JO)
 Visionaries, know how to use innovations and change
 world goes forward
 “the world is our oyster” (MM)

9. CHANGE = RISK = OPPORTUNITY
 Change means “risk” as it can also mean
“opportunity”
 Entrepreneurs can fear change as it can be a
risk
 And as risk is related to uncertainty, one can
relate change to the unknown
 Risk takers accept that the worst they can lose
is 100%
 A risk taker was born a risk taker; they have an
evident confidence from childhood
 And as change also means opportunity, you risk
to get the opportunity!

10. ORGANISE WITH CHAOS
 Change is a process, and goes through
several steps:
 Enhance – something happens in the
environment, the old ways of doing things stop
working. Pressure for change is felt
 Perturb – existing routines fail, resulting in stress,
bringing on spontaneous turbulence and release
of diversity
 Attract – fresh diversity emerges, new people,
projects and performance levels begin to
develop
 Excite – synergy and symbiosis occur, which
generate profitability

11. WHAT IS CHANGE?
 Change is something that pushes us out of
our comfort zone
 It is a Theory, it provides a roadmap to get
you from here to there
 It is a constant, because the world is ever
changing
 It is an action, doing things instead of leaving
them be

12. OTHER QUOTES BY FAMOUS ENTREPRENEURS
 “You must be the change you wish to see in the
world” – Mahatma Ghandi
 “All great changes are proceeded by chaos” –
Deepak Chopra
 “Companies are living organisms, they learn to
compete in changing environments” – Richard T.
Pascale
 “I had to make my own living and my own
opportunity. But I made it! Don’t sit down and
wait for the opportunities to come. Get up and
make them!” – C.J Walker

13. OTHER QUOTES BY FAMOUS ENTREPRENEURS
 "Change is hard because people overestimate
the value of what they have and underestimate
the value of what they may gain by giving that
up” – James Belasco and Ralph Stayer.
 "One key to successful leadership is continuous
personal change” – Robert E. Quinn.
 “The best reason to start an organization is to
make meaning – to create a product or service
to make the world a better place.” – Guy
Kawasaki.

14. VIDEO
 https://www.youtube.com/watch?v=2Uyd5S1
mZqY

15. WHAT DOES CHANGE MEAN TO YOU?
 How would you interpret it?
 What does it bring into your life? What has it
brought to you?

16. REFRENCES
Biography Refs.
 www.woopidoo.com/biography/peter-
drucker/index.htm
 www.cgu.edu/include/DruckerBio.pdf