Course Content
Innovations in Business
Innovations in Business: Types of Innovations, Creating and Identifying Opportunities, Screening of Business Ideas
0/5
Business Plan and Feasibility Analysis
Business Plan and Feasibility Analysis: Concept and Process of Technical, Market, and Financial Analysis
0/4
Sickness in Small Industries
Sickness in Small Industries: Reasons and Rehabilitation
0/2
Unit X: Test Your Knowledge
Unit X: Test Your Knowledge
0/1
Unit X: Entrepreneurship Development

๐Ÿงฉ The Skill-Will Matrix (Will-Skill Matrix)

The Skill-Will Matrix is a powerful framework used by managers, mentors, and leaders to assess individuals or teams based on two core dimensions:


๐Ÿ“Š What It Represents

๐Ÿ”ง Skill The capability to do the task (includes knowledge, experience, technical ability)
๐Ÿ’ก Will The motivation or desire to do the task (includes attitude, confidence, enthusiasm)

These two axes create a 2×2 matrix, classifying individuals into four types of entrepreneurs:


๐Ÿงญ The Skill-Will Matrix: Classification Table

ย  Will to Do: High Will to Do: Low
Ability: High โญ Star / Ideal โš ๏ธ May Run
Ability: Low ๐Ÿšถ Passenger ๐Ÿชต Deadwood

๐Ÿšถ a. Passenger โ†’ No ability to do and will to do

  • โœ… Explanation:
    Motivated but lacks skills or ability to act effectively.
    Needs training, mentoring, or support.

  • ๐Ÿ“Œ Example:
    A person passionate about starting a business but lacking basic business knowledge.


โญ b. Star / Ideal โ†’ Ability to do and will to do

  • โœ… Explanation:
    Has both ability and motivation. Top performer who often leads successful ventures.

  • ๐Ÿ“Œ Example:
    A skilled and passionate entrepreneur who builds a scalable startup.


๐Ÿชต c. Deadwood โ†’ No ability to do and no will to do

  • โœ… Explanation:
    Lacks both motivation and capability. Unproductive and stagnant in the system.

  • ๐Ÿ“Œ Example:
    An uninterested family member managing a business poorly without any desire to improve.


โš ๏ธ d. May Run โ†’ Ability to do and no will to do

  • โœ… Explanation:
    Has the skills but lacks motivation or initiative. May succeed if pushed or inspired.

  • ๐Ÿ“Œ Example:
    A trained engineer with entrepreneurial potential but no drive to launch a venture.