International Leadership and Entrepreneurship: Skills, Traits, and Culture

International
leadership and
entrepreneurship

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1 ...........................................................................................................................................3
Skills of entrepreneur: ................................................................................................................3
Role of entrepreneur skills and traits in development of SME...................................................4
How culture impacts on growth of SME in international business.............................................4
TASK 2............................................................................................................................................5
Leadership styles.........................................................................................................................5
Need to have experience in international airlines industry.........................................................6
Role and impacts of culture in leadership in global airline industry...........................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
Entrepreneur is defined as an individual who is involved in crate new business ideas, bear
risk as well as enjoy rewards. The process through which entrepreneur establish business is
defined as the entrepreneurship. Basically, entrepreneurship is the ability as well as readiness of
entrepreneur to develop, organise and run business through dealing with various uncertainty for
the purpose of generating profits. Leadership is the defined as the ability and capabilities of an
individual or group of person to influence and guide other organisational members to work in
defined manner to achieve common goals and objectives (Ferrandiz, Fidel, and Conchado,
2018). The report is divided in two parts, in first part report is about small and medium
enterprises and in task two there is discussion about airline industry. In this report skills of
entrepreneur and their role in business growth and development are mentioned. Furthermore,
there are leadership styles and their role in rebuilding organisational profitability and
sustainability is covered. Role of culture in SME growth and global airline industry id being
discussed in this report.
TASK 1
Entrepreneur: Entrepreneur is defined as an individual who has ability and desire to
develop, administer and run specific start-up venture with having various risks that are entitled
with it for the purpose of making profit. Entrepreneurs are the most important source of idea or
innovator who brings new ideas in market (Trunina, Khovrak, and Bilyk, 2020). Entrepreneur
replace old ideas and concepts with new inventions.
Skills of entrepreneur:
Entrepreneur has various specific skills and characteristics that facilitates to run business
in well-defined manner and lead it towards growth and development. During the pandemic of
Covid-19, these skills helps entrepreneur to run business in efficient manner (Hayduk,2019).
There are various skills of entrepreneur such as creativity, innovation, risk-taking, effective
decision-making, passion, team-building and various other interpersonal skills that facilitates an
entrepreneur to bring new ideas and resolve all problems efficiently to run business in well-
defined manner. Some skills and characteristics of entrepreneur are mentioned below:
Risk-comfortable: It is the most important and essential skills or characteristic that poses
by an entrepreneur. As entrepreneurs have differentiate approach and attitude towards risk, they