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Header: ENTREPRENEURIAL LEADERSHIP 1

Entrepreneurial Leadership

Cassandra Moore

Dr. Lisa W. Witzig

The Business Enterprise

November 9, 2010

ENTREPRENEURIAL LEADERSHIP 2
Discuss your leadership style or the style you aspire to be and how it compares to transactional, transformation, visionary, charismatic, principled, and entrepreneurial leadership.
Of the leadership styles mention here, I would aspire to be a principled leader. Principled leadership apply moral and ethical standard of right and wrong, values and virtues, to policy development and decision making in business, government and the non profit sectors. Principled leadership happens when men and women of good character and integrity take the helm of an organization or enterprise and let their principles drive their actions.
Transactional leadership theory was developed by Weber in 1947 and again by Bass in 1981. Followers are motivated through a system of rewards and punishment. The only relationship that develops between the transactional leaders and followers is based on an unwritten agreement that the sole purpose of the follower is to carry out the wishes of the leader. After the hiring process it may be clear that the transactional leader is in charge and the follower can hope to get better raised by following orders. When the follower or employee does well he/she may rewarded through a bonus, but if a deadline is missed then the leader may make it difficult for the employee. Not all entrepreneurs or managers are this extreme. This style does not allow owners and employees the opportunity to work as a unit.
Transformational leadership style primary focus is to make change happen in ourselves, others, groups and organizations. These leaders put passion and energy into everything. They start with a vision of the future that will excite and convert potential

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