Complete the following statements: Firstly, establishing a shared vision for the venture requires that members of the team start out with an essentially similar set of ………. ______ about what they want to ______…………. . Secondly, members of the team need to begin with a broadly similar set of values regarding the proposed venture. In this context, the term values refers to ______………… and ______………… regarding the kind of venture you want to establish and your general approach to the task. Thirdly, we need to consider the motivation of individual team members. There are two relevant aspects to motivation: the ______………….. of the motivation (i.e. what are the factors driving this person to take part in the venture?); and its ______…………… (i.e. how

strongly is the person driven to contribute to the success of the venture?).

Complete the following definition.


Firstly, establishing a shared vision for the venture requires that members of the team start
out with an essentially similar set of ideas; about what they want to create;.
Secondly, members of the team need to begin with a broadly similar set of values regarding
the proposed venture. In this context, the term values refers to moral principles; and [standards of behaviour;] regarding the kind of venture you want to establish and your
general approach to the task.
Thirdly, we need to consider the motivation of individual team members. There are two
relevant aspects to motivation: the source of the motivation (i.e. what are the factors driving
this person to take part in the venture?); and its strength (i.e. how strongly is the person
driven to contribute to the success of the venture?).

Business

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