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... > social science subjects > business and management > entrepreneurship > new venture management > entrepreneurial characteristics and skills > obstacle identification

Preferred term

obstacle identification  

Definition

  • Anticipating obstacles in new venture management is the act of recognizing potential obstacles to the creation and growth of a new venture prior to the obstacles having a negative effect on the organization. Whereas anticipating obstacles requires an understanding of possible future events, it also makes possible preemptive decisions and actions that may mitigate the negative affect of obstacles. [Source: Encyclopedia of New Venture Management; Obstacle Identification]

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https://concepts.sagepub.com/social-science/concept/obstacle_identification

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