...Entrepreneurial Leadership Wade D. Anderson Professor Dr. Gary Shelton BUS 508 July 16, 2011 Discuss the common elements described in the theories/ philosophies of Case, Kouzes, and Drucker including how their principles/ strategies relate to the new definition of entrepreneur leadership presented in Understanding Entrepreneurial Leadership. The common elements described in the theories/philosophies of Case, Kouzes, and Drucker are vision, adaptability, and creativity. The new definition of Entrepreneurial Leadership is one of an enterprising, transformational leader who operates in a dynamic market that offers lucrative opportunities (Tarabishy, Fernald, Solomon, 2010). Case, Kouzes, and Drucker theories share some commonality with the new definition of entrepreneurial leadership. The common elements shared Case, Kouzes, and Drucker and the new definition of entrepreneurial leadership is that entrepreneurial leaders must have a clear vision of a need to meet, create opportunities, and adapt to the ever changing environment. The vision for a entrepreneur is an a ideal of how to make their business a success. Usually something that will make the lives or people easier or meet a need of people that has not been met. Once the entrepreneur has this ideal they must then pursue it passionately to no end. For example “the two young engineers who started the Apple computer-in the proverbial garage and without financial backers or previous business experience-aimed from the...
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...entrepreneurial leadership. It also discusses the common elements and philosophies that aid in understanding the complexities and how it can be applied into today’s dynamic markets. How one’s leadership style or aspiration can be compared to the traditional and common leadership styles. As a new entrepreneur, the many resources that are available such as Small Business Administration (SBA) and SCORE can assist in the start up of their business/product/service. Finally, the personal principles in leadership is important because it engrains and reminds the leader in being focused on their vision and goals and their success is in combination by the support of their followers. The interest in entrepreneurial leadership has been an area that has been researched and theorized. Many theorists would vary in their philosophy of what constitutes or creates an entrepreneur leader. Many research findings proposed that entrepreneurs are innovative, motivated to achieve, and risk takers/ strategists. (1).What are the common elements theories/principles that relate to the new definition of entrepreneurial leadership in today’s dynamic market? Based on these theories what kind of leadership style I may apply or hope to become, the tools/resources as an entrepreneur, and the personal principles that I would choose to apply in leadership. To begin, we need to define the common elements in the theories/philosophies in entrepreneurial leadership. For example,...
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...The Choice to Be a Conscious Change Leader Now that we have a common understanding of the functioning of conscious awareness and autopilot, we can discuss what we mean by taking a conscious approach versus an autopilot approach to leading transformation. Remember, we all have both of these mental capabilities and we fluctuate continually between them, sometimes operating with conscious awareness and other times operating on autopilot. Taking a conscious approach to leading transformation does not mean, then, always operating with conscious awareness. Similarly, taking an autopilot approach does not mean always operating on autopilot. What is the diff erence then between these two very different types of leaders — the conscious change leader and the autopilot change leader? Conscious change leaders are just that because they choose to be, and they make a significant personal commitment to how they operate as human beings and leaders. Conscious change leaders turn inward, introspect, and put their attention on their inner awareness and mindset, and their intention on proactively developing their innermost being. In our language, they “ put their being first. ” Ā ey seek greater self - awareness and understanding because they know that their level of awareness and mindset influence everything about their lives and leadership. Ā ey seek to develop their own level of consciousness so they can operate at the highest levels possible, and therefore, contribute fully. Ā ey understand...
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...Entrepreneurial Leadership Running head: Entrepreneurial Leadership Entrepreneurial Leadership Angela Williams Dr. Mensah-Dartey The Business Enterprise April 24, 2011 1. Create a hybrid theory/philosophy which combines the common elements found in the thinking of Case, Kouzes, and Drucker. In your philosophy, be sure to include the new definition of entrepreneurial leadership presented in Understanding Leadership in today’s Dynamic Markets. The common elements found in the thinking of Case (2010), Kouzes (2008), and Drucker (1985) strategies all relate to Entrepreneurial Leadership and have similar qualities. Entrepreneurial Leadership crates visionary scenarios that are used to assemble and mobilize a supporting cast of participants who become committed by the vision to the discovery and exploitation of strategic value creation. The three men also share commonalities such as being risk takers, innovators, investing in people, and being persistent. For instance, Steve Case believes that success requires people, passion, and perseverance (the 3 P’s) and with all together, almost anything is possible. He also believes that entrepreneurship is important in terms of the underlying economic future of our country and that innovation and taking risks in entrepreneurship can get our struggling country back on track. Kouzes could relate to Case’s first “P”, which relates to people. Both Kouzes and Case stresses the importance of people and or his/her feelings....
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...it used?) The Leadership Challenge The social setting of large and complex organizations can be characterized as highly diverse, highly interdependent, and rich in opportunities to generate power dynamics. The first characteristic, diversity, pertains to differences among organization members with respect to goals, values, outcomes, assumptions, and perceptions. Interdependence relates to the situation in which multiple actors have power over each other due to job-related interdependence. When a high degree of interdependence exists in the workplace, unilateral action is rarely possible. For all decisions of any significance, many people will be in a position to retard, block, or sabotage action because they have some power over the situation. The greater the diversity, and the greater the interdependence the more differences of power there will be. Because of the interdependence, people will not be able to resolve these differences either by edict or by walking away. As a result, high levels of diversity and interdependence in the workplace are quite naturally linked to conflicting opinions about action and thereby influence attempts to resolve that conflict. Thus, the leadership challenge becomes one of making diversity and interdependence work for organizational success. Whether the organization is private or public not-for-profit, the challenge is similar. Negative Power Dynamics That leader influence can produce negative behavioral dynamics. This model confirms...
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...the thinking of Case, Kouzes, and Drucker. In your philosophy be sure to include the new definition of entrepreneurial leadership presented in Understanding Entrepreneurial Leadership in today’s Dynamic Markets. Entrepreneurial leadership is a multifaceted method of leading. Those individuals who are aggressive, driven, focused, and risk takers usually function well as entrepreneurs. Entrepreneurial leadership has many different meaning across disciplines. The new definition of Entrepreneurial Leadership is one of an enterprising, transformation leader who operates in a dynamic market that offer lucrative opportunities. The theories of Case, Kouzes, and Drucker share many similarities to the definition of entrepreneurial leadership. The main elements shared by entrepreneurs and the new definition of entrepreneurial leadership is entrepreneurial leaders have a clear understanding of leadership styles, opportunities and the ability for change. One common element Case, Koruzes, and Drucker share with the definition of Entrepreneurial leadership is that entrepreneurial leaders have a vision for their businesses success. All entrepreneurs should have a clear understanding of the aspirations for their business endeavor, potential for success, a plan to achieve the goals, and a clear understanding of the main business objective(s). Entrepreneurial leaders not only have a vision, but can effectively articulate their vision to employees, stakeholders, and others in order to...
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...The Leadership Quarterly 14 (2003) 769 – 806 Leadership theory and practice: Fostering an effective symbiosis Stephen J. Zaccaro*, Zachary N.J. Horn Department of Psychology, Center for Behavioral and Cognitive Study, George Mason University, David J. King Hall, 4400 University Drive, 3064 Fairfax, VA 22030-444, USA Accepted 12 September 2003 Abstract Leadership theory has not lived up to its promise of helping practitioners resolve the challenges and problematics that occur in organizational leadership. Many current theories and models are not contextualized, nor do the dynamic and critical issues facing leaders drive their construction. Alternatively, practitioners too often approach leadership problems using trial and error tactics derived more from anecdotes and popular fads than validated scientific data and models. Yet, while this gap between theory and research has bedeviled the leadership community for much of its history, there have been few if any systematic examinations of its causes. In this review, we have sought to highlight the particular barriers on the leadership practice and theory-building/testing constituencies, respectively, that constrain efforts to integrate them. We also offer a number of propositions and guidelines that we hope can break through these barriers and help stakeholders create a more effective leadership theory and practice symbiosis (LTPS). Finally, we have offered two cases of effective LTPS as examples and models for such integrative...
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...Leadership Theories: The Evolution of Context April 2, 2013 Abstract This paper defines “context” as it relates to leadership and the inclusion of context in leadership theories. I will show examples of different leadership styles and how they relate to the context of leadership. In closing, I will reflect on the challenges of contextual theories and how these challenges can be met in the current environment. Meaning of Context and Treatment in Leadership Research Different types of leadership often need to be applied in a distinct manner, depending on the context and who is involved. Osborn, Hunt, & Jauch (2002) indicated leadership theory and research needs to expand to the complex levels of leadership. The authors further posited leadership theory needs to explore the dynamism involving the context in which leadership takes place, rather than to study leadership taking place in a vacuum. Here, the authors referred to context as the circumstances or parameters that cause effective leaders to emerge. Leadership in context takes on many different characteristics and certain circumstances can cause different actions. A closer examination of the linkages between components of theory increases one’s understanding of individual differences in leadership development (Allen, Shankman, & Miguel, 2012). Authors Osborn, Hunt, & Jauch (2002) illustrated four contexts of leadership; stability, crisis, dynamic equilibrium, and edge of chaos. Stability takes into...
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...NPO Leadership and Management Midterm Paper Leadership and Managerial Profile of a Not-for-Profit Compiled By: Faizan Irtiza Zubairi Student No. 201329030023 The NPO sector’s ability to provide its services has come under ever-increasing scrutiny with changes in public policy, important client demographic and psychographic shifts, new commercial initiatives, and growing competition from for-profit providers. Although the sector has reacted creatively in many cases, the increasingly complex dynamics is straining the skills and abilities of nonprofit leaders to meet such challenges. Whether in the profit or the nonprofit sector, all organizations fundamentally need strong leadership acumen to execute their strategy successfully. Therefore, ensuring a steady supply of leadership and management is vital. This is indeed a painstaking task since historically the science of management has always had a focus for commercial outcome! The world is increasingly interconnected and vibrant. Leadership sits in the middle of the mix – both initiating trends and reacting to them. While the NPO sector has access to an energetic, passionate, and creative pool of people and to new tools, there are also challenges that make it difficult for organizations and their leadership to thrive. William Ashby’s (1956) Law of Requisite Variety suggests that for organizations to effectively adapt and cope with a complex environment the variety of its internal order must match the variety of the environmental...
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...SHIFTS IN ENTREPRENEURIAL LEADERSHIP Continual Paradigm Shifts in Entrepreneurial Leadership Barbara Gilley Professor Daniel Frost BUS508013VA016-1116-00: Strayer University July 17, 2011 CONTINUAL PARADIGM SHIFTS IN ENTREPRENEURIAL LEADERSHIP Pg.2 ABSTRACT This paper will focus on Creating a hybrid theory/philosophy which combines the common elements found in the thinking of Case, Kouzes, and Drucker, including the new definition of entrepreneurial leadership presented in Understanding Entrepreneurial Leadership in today’s Dynamic Markets, and will describe what type of organization a transactional, transformational, and authentic leader would thrive in the most, as well as which type of leader would thrive the least, as well as, evaluating the resources and tools available through the Small Business Administration and SCORE, and determine which single resource or tool is most useful to the greatest number of businesses; a rationale will be explained. This paper will evaluate the resources and tools available through the Small Business Administration and SCORE, and determine which single resource or tool is most useful to the greatest number of businesses and a rationale will be explained; and this paper will create a list of leadership best practices that would apply to the greatest number of businesses both small and large, and a rationale will be explained. CONTINUAL PARADIGM SHIFTS IN ENTREPRENEURIAL LEADERSHIP Pg. 3 OUTLINE ...
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...Assignment #1: Entrepreneurial Leadership Karla Canas BUS 508 – Contemporary Business July 17, 2011 Create a hybrid theory/philosophy which combines the common elements found in the thinking of Case, Kouzes, and Drucker. In your philosophy, be sure to include the new definition of entrepreneurial leadership presented in Understanding Entrepreneurial Leadership in today’s Dynamic Markets. Entrepreneurial leadership is the common element found in the thinking of Case, Kouzes, and Drucker. All of their strategies to become a successful leader are very similar. They all emphasize the importance of being risk takers, being persistent, being creative but most of all to recognize the people around you for their contribution to your success. According to Steve Case if you have the three P’s; people, passion, and perseverance together in the right balance almost anything is possible. The key to any entrepreneurs’ success is being passionate about what they do, surround yourself with the right people, and always try to persevere. Case firmly believes that entrepreneurship is important in “terms of underlying economic future of our country.” Entrepreneurs need to take the necessary risks in starting a new business because that will make a significance improvement to today’s economy. James Kouzes gives us five basic points that leaders must possess in order to be successful. In his book, The Leadership Challenge he stresses the importance of modeling the way in order to obtain...
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.....3 Leader-Member Exchange Theory .....................................................3 The leader-follow dynamic ..................................................................4 Types of Followers .............................................................................5 Goals ..................................................................................................6 Delegation, empowerment and development .....................................6 Ethical decisions and ethical dilemmas ..............................................7 Organizing Groups and Teams...........................................................8 1.8.1 1.8.2 Fundamental Team Configurations .......................................8 Team Structure and Top Performance ..................................9 1.9 Organizational Culture ........................................................................9 1.9.1 1.9.2 Primary Embedding Mechanisms........................................10 Secondary Mechanisms ......................................................11 1.10 Summary ..........................................................................................11 References Word count: 2,445 words (excludes Table of Contents, Footnotes and References) Page 1 Part B 1.1 Introduction Yukl (2010) argues that leadership does not always make a difference to the performance of teams. There’s increasing recognition that leadership is not solely about the leader, but...
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...Abstract Entrepreneurial Leadership has different definitions as well as different philosophies behind them. Successful leaders such as Steve Case, Peter Drucker and James Kouzes have all developed philosophies, associated attributes and best leadership practices to be successful in today’s fluid marketplace. There are commonalities and a leader can pick portions of different practices or beliefs to form a hybrid philosophy for leading change within their organizations while following Tarabishy’s (n.d.) recommendations for entrepreneurial leadership in today’s dynamic markets. Leadership is comprised of different styles. Organizations are different and so are the traits and styles of its leadership. While leaders want to accomplish the same thing, a successful organization, the methods of authentic, transformational and transactional leaders are different. As organizations and the associated leaderships differ, there are tools and resources that can help leaders in achieving its organizational goals. The Small Business Administration and Counselors to America's Small Business (SCORE) are two organizations that provide resources to assist leaders such as mentoring, starting a business, loans and training. Once leadership styles are understood and a philosophy is created, a leader can then develop a list of best leadership practices that best suits the leader and guides the organization to meeting its vision and goals to achieve competitive advantages and dominance. ...
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...Entrepreneurial Leadership Aminata Soumano Bus 508 Contemporary Business July 21, 2011 Professor Christopher B. Mcgrath Strayer University Abstract The major reflections of excellence in entrepreneurial organizations focus primarily on the care of customers, constant innovation, committed people, and managerial leadership. Those entrepreneurial activities also lead to competitive advantage, wealth creation and success. Case, Kouzes , Drucker Entrepreneurs achieve desired levels of excellence in the development of their organizations through different strategies. Former AOL CEO, and chairman Steve Case describes his successful entrepreneurship in three different parts: people, passion, and perseverance. Case believes that if you put those three parts in the right balance everything is possible, and if you do not, nothing is possible. Today’s entrepreneurs must invest in people and ideas that can change the world. Innovation is a risk worth taking and everything people create take some time to realize. Focus on putting the right people around the right priority is a recipe for success. However, James Kouzes in his book “rising to the leadership challenge”, stated that Leadership is not about position, it is about motivating people in five different scales. The first level of motivation is being a role model and setting examples. Second, a leader should enable people to act. He should focus on what a team or an individual needs in order to function...
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...Discussion 3 3.1 Strategic leadership 4 3.2 Transformational leadership 4 3.3 Transactional leadership 5 4.0 Issues 5 4.0.1 Corporate vision and mission 5 4.0.2 Cultural diversity 6 4.0.3 Nurturing and delegation 6 4.0.4 Teamwork 6 5.0 Impacts 7 5.0.1 Unity of working teams 7 5.0.2 Setting organizational tone, strategy and right culture 8 5.0.3 Improved individual employee personal performance 8 6. 0 Conclusion 9 REFERENCES..................................................................................................... 10 1.0 Executive summary The hospitality industry has had great evolution over ages especially so in the aspect of leadership and management. It is one of the most dynamic industries across the globe in the modern day context with so much differentiation of products and embracing varying leadership styles in order to cope with the ever-increasing pressure in competition. It is in this understanding that this paper intends to critically analyze the leadership style upheld by the Hilton global hotel with special attention to the leadership of the serving CEO, Christopher J Nassetta. 2.0 Introduction Leadership is the art of imparting influence to people and making them willingly cooperate towards realizing an organizations purpose. In our analysis, Christopher, the CEO to Hilton Hotels exhibits great aspects of a leader and practices a range of leadership styles. In particular, he practices strategic leadership styles which entails the...
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