Entreprenurial Leadership

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Entreprenurial Leadership

Three of the major voices in entrepreneurship and business leadership are Steve Case, former Chairman and CEO of AOL, James Kouzes, co-author of The Leadership Challenge, and Peter Drucker known as the most influential management thinker in the 20th century. These men have developed theories and innovative ideas in the field of entrepreneurship. By examining the common threads of their ideas one can develop a theory on Entrepreneurial Leadership. Ayman Tarabishy, Lloyd Fernald Jr., and George Solomon, in their essay entitled, Understanding Entrepreneurial Leadership in today’s Dynamic Markets define entrepreneurial leadership as the leadership of “one of an enterprising, transformational leader who operates in a dynamic market that offers lucrative opportunities.” They go on to contend that the entrepreneurial leader has the qualities of a transformation leader; communication skills, consistency, caring, creating opportunities, self-confidence, power need and its use, and vision; the entrepreneurial leader excels in leading firms that compete on the edge; the entrepreneurial leader has ability for learning and knowledge generation; and entrepreneurial leaders understand resources and capabilities. When combining the theories of Case, Kouzes, and Drucker on Entrepreneurial leadership it can be said that people are the keys to a successful business. Case discussed the 3 P’s and discussed the fact that a business owner must be able to rely on people. This idea is enhanced by Kouzes theory that not only must the workers be reliable but the owner must be a model to the people and help them grab hold of the vision through collaborative teamwork. In his point Encourage the heart he contends that people’s values and victories should be celebrated the values and victories. Everyone has something to contribute, no matter how small. Drucker…...

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