Entrepreneurial Leadership: Role in Development of People, Team, and Ethical Organization

Entrepreneurial
leadership

Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK...............................................................................................................................................4
Role of entrepreneurship in the development of people.............................................................4
Explaining the theoretical notion of resonant leadership and also entrepreneurial leadership
characterized by asking meaningful questions............................................................................9
Applying the GROW model and also five disciplines of effecting teams model for solving
main issues................................................................................................................................10
Giving justified recommendations for attaining business objectives and meeting expectations
of transforming team work........................................................................................................12
Identifying the improvement areas that can assist in developing own leadership....................12
Explaining the usage of primary as well as secondary sources by focusing on theoretical and
research based evidence to gaining knowledge........................................................................13
Apply theory & concepts to a range of real-world learning or business challenges &
opportunities..............................................................................................................................14
CONCLUSION .............................................................................................................................15
REFERENCES..............................................................................................................................17
INTRODUCTION

Entrepreneurial leadership is a mentality which focusing on organisation in changing
problems into opportunities that impacts economic and social value. Entrepreneurial leaders can
lead from any position, they know leadership quality comes from the activity and not only from
top position, theses people are very collaborative and problem solver in the organisation (Al
Mamun and et. al., 2018).They have very innovating mind that helps them to innovating
solutions for the given problem. A leader is one who is motivating, collaborative and supportive
in achieving common goal with the help of team. Entrepreneurial leadership includes organising,
motivating people in the organisation as to achieve common goal by innovation, risk taken,
opportunities and handle business environment. A leader perform various role in the organisation
which helps in managing organisation in a very effective manner.
TASK
Elon Musk is an American entrepreneur, he is the founder of Facebook present name
Meta platforms. He is the CEO and chairman and shareholder of Facebook. Elon Musk was born
on 14 may 1984 at white plains, New york, US. He is the one among successful, he states the
transformational leadership style in action. He is innovative and creative.
Role of entrepreneurship in the development of people
Entrepreneurship is a thought process of establishing a new business or organization. It is
a basic quality in leader is to run business effectively by accomplishing tasks very easily. It can
be classifies, Small business entrepreneurship,Scalable start-up entrepreneurship,Large company
entrepreneurship,Social entrepreneurship. Some characteristics of entrepreneurs are as follow-
 Communication:- A leader should able to clearly defines every duty and responsibility
to their employees. Communication is very important in the organisation for better
coordination between employees and work. A leader in the organisation should have
communication skill for flow of information (Bagher and Harrison, 2020).Mark
Zuckerberg is very good at communication skills, he continuously share his thoughts,
ideas to other people in the organisation this helps in motivating employees.
 Motivation:- A leader must inspire its employees for achieving a common goal together
in the organisation. Sometimes it is not just enough to pay fair salary to the employees
but motivating them also play an important role in increasing their productivity. Mark

Zuckerberg implemented many motivational theories in order to enhance people
performance, one of the motivation theory is ocean motivation theory.
 Mentor:- Leader is a mentor or guide to its employees. They make them feel motivated
and confident at the same time by keep monitor their performance, leader guide them
how to do tasks.
 Delegating:- It is a skill in which a leader delegates work according to capability of the
employees, it is a sign of strong leader. It is a duty of a leader to allocate work to people
and provide them enough resources so that they can fulfil their duty in a effective manner
(Dabić and et. al., 2021). In context to Mark Zuckerberg he is the one of the best leader,
he arrange all the employees in terms of duty and responsibility according to their calibre
so that they can perform their task easily.
 Positivity:- A leader is one who can able to make business environment very positive by
their motivation, support and duty assign. A positive nature can help in achieve goals
very easily. A employees willing to work only that place where he finds a best
environment. In context to Mark Zuckerberg he has very positive nature, he takes care of
his employees and he is very much dedicated towards growth of its employees. He
keeps encouraging and motivating to people in the organisation as to increase efficiency.
 Creativity:- A leader have to take various decisions to increase efficiency in business,
for this he should have very creative mind so he can take a right decision which can help
for both organisation and people. In link with Mark Zuckerberg he has the ability to take
right decisions for its people and organisation.
 Execute strategy:- It is a duty of the leader to not only think big but they have to
implement goal into real activities. In context to Mark Zuckerberg he able to implement
plans to real life experience so that it can help in business-led environment.
Role of leader in development of team:-
A leader provides the direction to team and then institutes rules which is designed to achieving
goals. a team leader is a crucial factor in success of the company, and it is also important for
motivating and supporting employees as to maintain high team spirit. With clear and accurate
communication they can able to set objectives and guide team members in a more effective