TUMOwnership Competence Tool
Self-Assessment

Evaluate Your Competences as a Business Owner

Discover how your ownership competences shape your firm's strategic direction. Receive personalised, research-based feedback to develop and strengthen your role as an owner.

~10 min
to complete
23 Questions
research-based
Ownership
Competence
Matching
Envisioning and configuring valuable resource combinations
Governance
Designing governance structures to translate strategic vision into action
01

Matching Competence

Matching competence is an owner's ability to theorize about valuable resource configurations — to envision which resources to acquire, combine, or reconfigure in ways that create value — and to chart a causal path for implementing that vision.

02

Governance Competence

Governance competence is an owner's ability to create effective governance arrangements that match their envisioned strategy — encompassing manager selection, incentive design, monitoring, and stakeholder relationship management.

References

These competences are based on: Foss, N. J., Klein, P. G., Lien, L. B., Zellweger, T. M., and Zenger, T. R. (2021). Ownership competence. Strategic Management Journal, 42(2), 302–348.

The questions are based on: von Nitzsch, J., Bird, M. & Saiedi, E. (2024). The strategic role of owners in firm growth. Strategic Entrepreneurship Journal, 18(3), 553–581.