What is ENTREPRENEURIAL LEADERSHIP? (2018)
Channel: Lotus World
Date: 24/03/2018

What is ENTREPRENEURIAL LEADERSHIP? (2018)

An entrepreneurial leader will proactively identify opportunities to gain advantage through creativity, innovation and market understanding and then hoion and the customer
The entrepreneurial leader will work within a formalised organisational structure, but use the approaches normally expected of an entrepreneur to identify opportunities. Once an opportunity has been identified, they work towards creating a value proposition which will enable a rapid testing of their key assumptions. Next to an effective management of risk (rather than the minimisation of risk often sought within corporate environments), they are required to operate with contextual awareness in order to create a value proposition that delivers value to the customer while taking into account the organisational requirements and strategic aims. The entrepreneurial leader must have the ability to learn fast and within environments of ambiguity and change, while providing clarity and coherence for those around them.

The entrepreneurial leader takes responsibility for their actions and those actions must be more proactive than reactive. They think about achieving organisational outcomes in an innovative way and working with a diverse group of people and resources to achieve these goals

https://youtu.be/EAz49--rdAI
https://youtu.be/EAz49--rdAI
https://youtu.be/EAz49--rdAI

Perhaps the best known and most widely considered example of an entrepreneurial leader is Steve Jobs, but there are many real life examples in the world of business and other industries, such as Dhirubhai Ambani, Ratan Tata, Micky Jagtiani, Bill Gates, Mark Zuckerberg and Richard Branson

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