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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 beginning at creating an industry and dominating it” (Drucker, 1985). The element of creativity for Entrepreneurs means to come up with new ideals for services and products, But not only must the come up with this services and products. They must have innovative ways to deal with difficult problems and situations that may arise. You must be able to take risk and know which risk or worth

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