Entrepreneurial Leadership: Role in Development of People, Teams and Ethical Organizations

ENTREPRENEURIAL
LEADERSHIP

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
1. Role of entrepreneurial leadership in the development of people, teams and ethical
organizations...............................................................................................................................1
2. Research based and theoretical evidence to develop knowledge regarding entrepreneurial
leadership....................................................................................................................................3
3. Concept to a range of real world learning or business challenges and opportunities.............7
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10

INTRODUCTION
Business person leadership is the type of leading activity which includes the organization
and motivating an individual or assembly of individuals to accomplish mutual goals through
revolution, risk improvement, take benefits from chances and dealing positive company location.
It is highly significant as it generates an ability to think creatively and develop beneficial
solutions in order to challenge companies in order to become competitive (Bodolica, Spraggon
and Badi, 2021). This study will elaborate the aspects of entrepreneurial leadership with the help
of illustrating their role in the development of the individuals, teams and ethical firms along with
usage of primary and secondary research for development of understanding and knowledge in
most effectual manner. Apart from this, the report will also highlight the viewpoints of theories
and concepts towards real world learning along with openings and contests.
MAIN BODY
1. Part of commercial management in the expansion of individuals, teams and principled
organizations.
Businessperson is defined as the person intricate in initialising some business or start-up.
Setting up new business is labelled as entrepreneurship. Industrialist bear multiple risk and they
are commonly known as innovators, source of getting ideas. Entrepreneurial leaders are the
backbone of any successful organization. Entrepreneurial leader are the one who provokes and
boosts their team associates for achieving a mutual area. Entrepreneurial leaders are the one who
transform complications into clarifications. They have the ability of listening, understanding and
implementing things. They believe in getting better outcomes and want to solve their problem
collaboratively. Leadership comes from experience not from age. The top ones are not
necessarily good leaders. Entrepreneurial leadership motivates people through innovative
ideas.Along with this , resonant leadership is the type of leadership in which the leaders have
idea about their actions and also have the ability in impacting others and using emotional
intelligence for guiding and helping others.In some of the organizations good leaders uses
GROW coaching model that helps them in structuring coaching and mentoring sesssions for the
team members of the organization .it is basically a five steps framework that involve the core
elements of an effective coaching session.there are numerous strength of a GROW as it helps in
finding solutions to their problems , and undertsanding the situation and exploring more feasible
1

solutions for them . But along with this , the concept of GROW model have a limitation that it
does not account for philosophical aspects.Resonant leadership enables the leaders in designing
amnd Risk optimization is one of the key feature of an entrepreneurial leader in the development
of people or organization. (Mehmood and et.al. 2021) These leaders are risk oriented and have
the ability of taking benefits from the openings given to them. Some of the features of
commercial management for the growth of team associates and institutions are as follows:
1. Communication services- The risk-taking front-runner must have a very strong
communiqué skill. Appropriate announcement services help in improved acceptance of
the exertion. This also includes attending and a lead person which is always a good
listener. Having decent announcement between team members avoid misapprehensions
and smashes.
2. Vision- A good business spearhead knows their vision properly and has a clarity towards
it. They are the ones who understands the demands and consistently wants to accomplish
what needs to be achieve. They coach their team members about the vision and make an
effort for attaining them.
3. Supportive- An entrepreneurial leader continually support their team as it is very
essential to have a helpful atmosphere in the association. The leader are the ones who
never blames the team members for any type of mistakes rather than this they understand
what went incorrect and sit with them to correct their faults. (Bagheri and Harrison, 2020)
A sympathetic leader is always a counsellor or a guide to their employees. These skills of
a leader help in the expansion of their organization.
4. Self-belief- An entrepreneurial leader is very self-assured. He knows his strong points and
dimness very well .They have countless belief in themselves which they advance from
years of involvement and erudition. Self-belief stimulates them as well their team
associates.( Imran and Aldaas, 2020)
5. Create an atmosphere conductive to growth-The leaders provide an optimistic and
strong atmosphere for attaining development. They create an atmosphere that encourages
the members to work even firmer. Innovative ideas, skills are always by their side. They
actively encourage other opinions and provide a solution to every problem. The
entrepreneurial leaders provide feedback to the employees.
2