An Empirical Examination of Managerial Competencies Among Black Women Entrepreneurs and Black Women Corporate Executives*
The new economic reality of the 1990' s is clearly the M table entrepreneurial pursuits of women business owners in general and black women entrepreneurs in particular. This paper reports on the managerial competencies and perceived skill development needs of black women entrepreneurs and contrasts their profile with black women corporate managers. Managerial competencies were assessed through the use of the "Leadership Competency Inventory" (LCI). The LCI provides feedback on 55 competencies arranged in four categories: (1) Socio-Economic Environment of Business, (2) Technical and Operational Methods, (3) Human Resource and Interpersonal Communication Skills, and (4) Vision and Environmental Co-Alignment Scanning Abilities. Upon testing for significance, the conclusions indicate that a relatively different and distinct competency profile exists and illustrates the developmental needs for black women managers anticipating stepping off the corporate track in favor of the entrepreneurial alternative. As for black women entrepreneurs, they continue 10 display mixed perceptions of their skills and abilities with some areas identified as very weak and others very positively viewed.
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