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Entrepreneurship and Leadership of Business Ventures - BSS0182

   

Added on  2023-06-14

14 Pages2914 Words213 Views
Entrepreneurship and
Leadership of Business
Ventures
Entrepreneurship and Leadership of Business Ventures - BSS0182_1
Table of Contents
INTRODUCTION ..........................................................................................................................3
TASK...............................................................................................................................................3
About myself .........................................................................................................................3
Result of Survey.....................................................................................................................3
Leadership style......................................................................................................................4
Entrepreneurial qualities and characteristics .........................................................................5
CONCLUSION ...............................................................................................................................6
Appendix .........................................................................................................................................7
SWOT analysis ......................................................................................................................7
REFERENCES................................................................................................................................9
Entrepreneurship and Leadership of Business Ventures - BSS0182_2
INTRODUCTION
Entrepreneurship can be described as process of creating values that is viewed as change that
consist risk for purpose of starting a business (Anwar and Shah, 2021). Leadership can be
described as process of influencing and guiding others for purpose of attainment of goals and
objectives of company. It is important for a person to possess certain qualities that prepare them
for purpose of developing entrepreneurship and leadership capabilities. In order to analyse self-
capability, a person can conduct SWOT analysis that is important for them to identifying
opportunities. This project report self-analysis of a person along with identification of strength
and opportunity for growth. It also includes leadership style and entrepreneurship qualities and
knowledge.
TASK
About myself
I am an individual who possess entrepreneurial capabilities as there are various skills and
capabilities possess by me that is required in an entrepreneur. I also like to read and know about
different types of organisation which are operating at national as well as international
marketplace. It will improve my knowledge that is important for me for my professional
development. In order to know my entrepreneurial capabilities, I conduct a survey with which I
get to know various new things. I am a creative person who is ready to do things in unique
manner. I also accept changes and like to learn new ways of doing things. I am also eager to
collect new information related to different topic as it is important for enhancing my knowledge
and allow me to ensure professional development. I am also passionate about development of
different types of capabilities, skills as well as qualities which is important for my career
development (Arshad, Farooq and Afzal, 2018). In present time, I am focusing on learning
leadership and managerial skills that will helps me in future for purpose of running professional
organisation and also for managing employees. Different types of skills are required by a person
that allow them for managing business effective manner. Among these I possess some qualities
and capabilities including creativity, self-autonomy, control, problem solving skill,
communication, team working, decision making, motivational skill, presentation skills and
others. It is important in order to develop good career opportunity as employers are hiring
individual on basis of these skills. I am working on development of this skills and also focusing
Entrepreneurship and Leadership of Business Ventures - BSS0182_3
on identifying my weakness in order to overcome of it. Weakness in future can create threat for a
person that is essential for them. In order to reduce possibility of facing these threat, a person
needs to work on weakness.
Result of Survey
Entrepreneurship and leadership are two different concepts that is important for a person. In
order to understand significance of both of these approaches, I conducted a survey that allow me
to understand process for managing of business. In this survey, I get to know about my
entrepreneurial capabilities that is important for me to conduct my self-assessment. In this survey
I get to know that I am a creative person s I have tendency of creativeness. I prefer to do things
in different manner and also ready to accept changes. In this test. I also know about that there is
high need of autonomy in me that make me independent. There are different qualities in me that
make me independent as I have strong self-expression as I prefer to work. I also has
individualism as I can love to work along instead of pressurised people and other groups. I also
have leadership qualities that allow me to take initiative of doing a work.
Leadership style
Leadership style can be defined as characteristic behaviour of leader at time when they are
directing, guiding, managing and motivating to people. An individual is considered as great
leader when they inspire political movement as well as social change (Dal Mas and Paoloni,
2019). They can also motivate others for performing, creating and innovating. It is a process that
enable leader in organisation for purpose of making strategic decisions that allow them to meet
organisational objectives. It is a style that assist leader of company through providing them
directions, initiating plans and also allow to inspire workforce of organisation. I am an
occasional entrepreneurial person who possess leadership qualities. I know how to takes
contribution of people for purpose of attainment of goals and objectives of company. It is
important for me for development of good career opportunity. Leadership style is one that is
playing significant role in playing different roles of job. It is important in order to monitor
resources of organisation that allow them to improve efficient, profitability as well as
productivity of business for purpose of attainment of objectives of organisation. With adoption of
effective leadership style, managers can provide direction to different members inspire
workforce as well as initiate plans in organisation (Elliott, Mavriplis and Anis, 2020). These
people also monitoring resources of organisation for purpose of improving efficiency,
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