The Growing Role of Entrepreneurial Leadership
In the new era of rapid
knowledge-based enterprises, managerial work becomes
Leadership is the primary force behind
empower employees to act on the
They execute through
inspiration and develop implementation capacity
networks through a complex web of aligned relationships.
In the increasingly
turbulent and competitive environment firms face today, a
new type of "entrepreneurial" leader distinct from other behavioral
forms of managerial leadership is required.
"It is a constant struggle to find people who can be both entrepreneurial and
conventional leaders... Finding them is the fundamental issue in any company
that wants to grow."
~ Roger Ackerman, Chairman and CEO,
Venture values are different from established corporate
is about leading in a rapidly changing, often hostile business
independence demands space for action and
trust, while independence in
a corporation implies responsibility and control imposed from above.
rapid experimentation, adaptation, and rapid response in
order to be
first to market. Corporate experimentation comprises
analysis, review, sober consideration of facts, and willingness
sacrifice speed for thoroughness.
Entrepreneurial paranoia –
competitors are catching up to us
– is overshadowed by an essential
need to build corporate consensus and minimize perceived risk," says
Donald L. Laurie, the author of Venture Catalyst : The Five Strategies
for Explosive Corporate Growth...
have some specific
leadership attributes. Entrepreneurial leadership is leadership that is based
that the leader is self-employed. Leaders of this
Entrepreneurial leadership involves instilling the
confidence to think, behave and act with
entrepreneurship in the
interests of fully realizing the intended purpose of the organization
to the beneficial growth of all stakeholders involved.
Jobs' 12 Rules of Success
18 Leadership Lessons from Colin Powell
You don't know what you can get away with until you
try. Good leaders don't wait for official blessing to try out. If you
ask enough people for permission, you inevitably come up against someone who
believes his job is to say "no". So, the moral is, don't ask....
Why Change Fails: 8 Errors Leaders Make
Create an Inspiring Vision
statement should be short and inspiring. It must set a challenging
and stretching goal that gives employees enormous freedom in finding
ways to achieve it.
You have also to communicate the message that doing
what you do now, only better, is not enough. If you do what you
always did then you will not even get what you always got as you
have to keep growing to stay where you are. "You have to
different to get different results. You have to do
something significantly smarter
significantly smarter to get significantly better
is about coming up
and turning them into value-creating profitable
Entrepreneurial creativity =
Leading innovation is a delicate and challenging
process. You need to encourage expansive
out-of-the-box thinking to
generate new ideas, but also filter through these ideas to decide
which to commercialize. Use a balanced "loose-tight" style of
leadership for this purpose. "Loose-tight leadership alternates the
creation of space for idea generation and free exploration with a
deliberate tightening that selects and tests specific ideas for
further investment and development."2
dominates the early stages of the innovation process; in the later
stages, tightening becomes more important to scrutinize the concepts
and bring the selected ones to the market.
balanced approach is essential to loose-tight
leadership. Those who remain loose too long generate plenty of ideas
but have difficulty commercializing them. Those who lock into the
tight mode choke off all but most obvious ideas, thus confining
innovation to incremental line extensions of existing products that
add little value...
10 Key Project Leader Skills
7 Principles For Transforming Your
Business From Mediocre To Great
Contrarians are the change agents in the business world.
wealth-building businesses are not simply "executing better"
radically changing the rules
of the success game in their
field or industry. Where in your business can you break the
rules? How can you set yourself apart from the crowd in your
25 Lessons from
Organizational Structures Into an Entrepreneurial Ecosystem...
Making Quick Decisions...
Discovering and Pursuing
What Today's Workplace Needs Its
Leaders To Do...
Continuous Rewriting of Leadership
Tips for Making the
Vision a Reality...
Making Big Changes...
10 Steps to Develop Entrepreneurial
Leading Radical Innovation...
Overcoming Resistance to Change...