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Entrepreneurship: Traits of Successful Leaders and Their Approach towards Organization

   

Added on  2023-06-10

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Running head: ENTREPRENEURSHIP
ENTREPRENEURSHIP
Name of the Student
Name of the University
Author Note
Entrepreneurship: Traits of Successful Leaders and Their Approach towards Organization_1

ENTREPRENEURSHIP
Table of Contents
Introduction:........................................................................................................................3
Discussion:...........................................................................................................................4
Common traits of the entrepreneur:.................................................................................4
Justification for selecting the entrepreneurs:...................................................................8
Approach towards the organization:................................................................................8
Recommendation:............................................................................................................9
Conclusion:........................................................................................................................12
References:........................................................................................................................13
Entrepreneurship: Traits of Successful Leaders and Their Approach towards Organization_2

ENTREPRENEURSHIP
Introduction:
This assignment will explain about
the concept of entrepreneur and leaders
based on two entrepreneurs from the
engineering background. One of the
entrepreneurs is the co-founder of the Kepler
analytics. Kepler analytics was established
in the year 2014 in Melbourne by a group of
talented engineers whose aim was to provide
solutions that will help the retail store to
enhance the customer experience and will
also help the organization to manage its
operation effectively. Nigel Ang the co-
founder and the leader of the Kepler
analytics have been working hard to give the
organization a worldwide recognition. The
organization invested 2 million dollar in
their research and development process so
that they can come up with better solution
for the customer as well as for the
organization. Another entrepreneur is Tim
cook. Tim cook is the present CEO of Apple
inc. He has been the face of the Apple for
last few years as during his tenure he have
brought some of the revolutionary change
and also come up with some technologies
that have gather the attention of the
worldwide population. Some of the notable
technologies that he has come up with in the
last few years are the face recognition and
the bezel-less display. Nigel Ang and Tim
Cook have shown how to lead a company to
success. This assignment will discuss the
common traits that are necessary to become
a successful leader or entrepreneurship and
will also discuss how these traits affected
these entrepreneurs in achieving success.
This assignment will also discuss about
some of the recommendation about how
these leaders can improve their leadership
style.
Entrepreneurship: Traits of Successful Leaders and Their Approach towards Organization_3

ENTREPRENEURSHIP
Discussion:
Entrepreneurship is the process of
creating and operating a business or
businesses by scaling it to produce a profit
(1). An entrepreneur is an individual who
creates a business with the motive to earn
profit. The main aim of the entrepreneurs is
to develop the organization and bring some
product which is innovative and will create
buzz in the environment.
Tim Cook is an industrial engineer
and an American business executive. Tim
Cook, the present chief executive officer of
Apple Inc. has served as the Chief Operating
Officer under the leadership and the founder
of Apple Steve Jobs (2). Tim Cook joined
the Apple inc. in the year 1998 as the senior
vice president. In his tenure as the chief
executive officer of Apple he has focused on
the political reformation of domestic and
international surveillance, corporate
taxation, cyber security and environmental
preservation.
Nigel Ang is the co-founder of the
Kepler Analytic (3). Kepler analytics was
established in the year 2014 in Melbourne,
Australia by a group of dedicated engineers
and former retail executives with an idea
that the retail experience can be improved
by data collection process. The organization
started by assessing all the vital and major
approaches taken by all the retail stores and
then providing technologies based on that. A
technology or a solution will be useful if it is
powerful and yet practical and quite easy to
implement in the organization. The
organization has spent nearly 2 years and a
huge amount of 2 million dollars in the
research & development process to make the
Kepler Customer Behaviour Sensor.
Common traits of the entrepreneur:
To become a successful entrepreneur
an individual should have some of the
Entrepreneurship: Traits of Successful Leaders and Their Approach towards Organization_4

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