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Leadership and Entrepreneurship: Influence and Value in Business Organizations

   

Added on  2022-12-26

13 Pages2310 Words1 Views
Leadership
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Leadership and Entrepreneurship: Influence and Value in Business Organizations_1
Table of Contents
Main body .......................................................................................................................................3
REFERENCES................................................................................................................................7
Appendix .........................................................................................................................................8
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Main body
The report is about the result of some tests which are related to leadership and entrepreneurship
as the through these tests, it demonstrates the way entrepreneurial traits and leadership styles
influence and add value to business organizations.
From the leadership self-assessment test my final score was 24 and by undertaking this test it
gave me an opportunity for assessing and reflecting my capabilities and also my desire for
developing leadership skills. It involves all the skills which are required by an individual to
become a great and successful leader. Developing the leadership and entrepreneurial skills will
the leader to enhance their productivity of the team and employees. All these leads to translate
the ideas and talent of human resources into profitable businesses by better decision making
(Holt, Hall. and Gilley,2018).
From the leadership test it was found out that it is almost always true that I enjoy
communicating with others. I give important and necessary information to the people when they
are need for undertaking their jobs. I also use follow ups and this quality of mine will help in
identifying the deviations in the task and can take corrective actions as soon as possible to avoid
any emergency situation. I also take feedbacks and ask questions which helps in knowing my
strengths and weakness. Also I have a high tolerance power and flexibility (Johannessen. and
Stokvik, 2018). I also treat people with respect and dignity and I make myself available when
anyone needs my help. On the contrary the points at which are not true are that I make a specific
budget for my department and for an open job position, I interview and select most qualified
person. The following are the things which are occasionally true are that decisions taken by me
are with input from others. I constructively criticize and address to the problems and after all the
analysis I found out that I am well on my way to become a leader.
Also from the leadership test based on the style I came to know that I am a very high
range authoritarian leader. As I strongly agree that employees need to be supervised properly
otherwise they will not perform the task as per the standards. I also agree on the fact that the
basic nature of employees is that they are lazy and believe that to motivate the employees’
rewards and punishments must be used in order to achieve the objectives of the organisation
(Nazarian, Soares. and Lottermoser, 2017). I also strongly agree on the point that employees
need to be directed about the work which they have to perform as they feel insecure about their
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work. The reason why I am a high range authoritarian leader is that I strongly agree that the chief
judge of employee's performance is the leader of the group as he or she know the capabilities. I
also believe that an effective leader clarifies procedures and also they give orders. A leadership
style is the way or method by which the leader provides direction, motivation to the employees.
It refers to a behaviour pattern of a person that helps in guiding and managing the people under
him or her (Prommer, Tiberius. and Kraus, 2020).
Also the democratic leadership style possessed by me is also on the very high range
which I get to know after undertaking this test. From the test I strongly agree that employees are
very much interested to be a part when the company takes any decision and also I believe to give
this opportunity of participation. I agree on that fact that key to be a good leader is to provide the
guidance without any pressure from the outside force. I strongly agree that communication is the
important aspect for employees as they want to communicate with the leader on a frequent basis.
Subordinates must accept responsibility of the work to be performed and completed and also
leaders need to help them accept the same (Cathro, O’Kane. and Gilbertson, 2017). I also believe
that my job as a leader will be to help my subordinates find out their passion so that they feel
motivated and strive to achieve their self-actualisation needs. I also agree on the point that people
are competent and when I will give them any work or task then they will perform better.
My laissez-faire style of leadership comes under the moderate range as I disagree that
subordinates must be given freedom to work out on their own in a complex situation. I will not
let the subordinates do whatever they like but give them certain freedom for participation for
certain aspects. Also I disagree on the fact that leader must stay away when the subordinates are
working as subordinates possess less experience than the leaders therefore a guidance must be
provided on a regular basis and freedom of actions must be provided to the subordinates (Adnan.
and Valliappan, 2019). I strongly agree on the rule that subordinates must appraise their own
work and leader musty allow the subordinate for the same. I am neutral on the fact that Complete
freedom must be given to the subordinates to solve their own problems by the leaders. Also I
strongly agree that in most situations little inputs are preferred by the subordinates on the part of
leader. But I strongly disagree on the point that subordinates must be left alone.
From different metrics I came to know that my creativity score is 78.76. The matrix
which determine the creativity level are abstraction, connection, paradox, complexity,
perspective, persistence, curiosity and boldness.
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