Buckley and Monks [20] have classified manager competencies into three factors. They include basic
knowledge and information (i.e. command of basic facts, and relevant professional knowledge qualities), skills
and attributes (namely continuing sensitivity to events, analytical problem-solving skills, social skills and
abilities, emotional resilience, and proactive qualities), and meta-qualities (such as creativity, mental ability,
balanced learning habits and skills, and self-knowledge qualities). Haber and Reichel[21] suggested that human
capital of entrepreneur, particularly managerial skills, were the greatest contributing factor to performance. There
were the influences of skilled work force, efficient production, and new business development competencies on
the human resource efficiencies [22]. The competencies of adaptive, resourceful innovation, proactive change,
and risk anticipation were the core component of strategic human resource management