BSS018-2 Entrepreneurship and Leadership: Reflective Report Analysis

This reflective report delves into the core concepts of leadership and entrepreneurship, offering a comprehensive self-assessment of the author's leadership style and entrepreneurial characteristics. The report begins with an introduction to leadership, emphasizing its role in influencing decisions and opinions to achieve specific goals. The main body explores the general measures of enterprise tendency, leadership approaches, and the skills and attributes of effective leaders. The author uses the GET2 test to evaluate their enterprising potential, revealing strengths in areas like future orientation and effective time management. The report then examines different leadership styles, including democratic, autocratic, and Laissez-Faire, through a self-administered leadership questionnaire. The author identifies their dominant democratic leadership style, while also acknowledging aspects of an authoritarian approach. Furthermore, the report assesses leadership skills and attributes, highlighting strengths such as effective communication and honesty, and identifying areas for improvement. The author concludes by summarizing the importance of self-assessment in leadership development and emphasizes the crucial role of leadership in entrepreneurial ventures, supported by references to relevant academic literature.

ENTREPRENEURSHIP

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................................3
MAIN BODY..................................................................................................................................................3
General measure of enterprise tendency................................................................................................3
Leadership approaches and entrepreneurship........................................................................................4
Skills & attributes of leadership...............................................................................................................5
CONCLUSION...............................................................................................................................................6
REFERENCES................................................................................................................................................8

INTRODUCTION
Leadership is primarily the process of influencing decisions and opinions of others for
attainment of specific goals. The main aim of this study is to personally reflect presence or
absence of certain leadership skills and styles within myself by going through series of
questionnaire and tests (Fritsch and Wyrwich, 2017). This report gives an overview of leadership
approaches and skills as well as attributes of effective leader.
MAIN BODY
General measure of enterprise tendency
Enterprise tendency is defined as to tendency that rely over start up and managing the
projects effectively in which highly enterprise individuals innovate their approach. In addition to
this, enterprise may be expressed by starting the own business and operate the business activities
as an intrapreneur within an organization or setting up community ventures. In this, this has been
identified that the overall GET 2 result scores 57% and this have strength within some of the
enterprising features (Mitra, 2019). If an entrepreneur have the medium score that following
characteristics can be considered such as orientation towards the future, strong task orientation
and effective time management activities etc.
Medium score also reflects that an individual is creative and work as to accomplish the
redial, disruptive innovation ideas with the game changing aspects. Thus, the main role of
education and training in assisting in helping individuals to develop their potential. It is defined
as the measurement that works as to the basis of the rest that enterprising individual (Fritsch and
Wyrwich, 2017). It is approach that assist shares the entrepreneurial characteristics. Therefore,
the medium score defines that enterprising person is highly motivated, energetic and has capacity
for hard work. In addition to this, it is the tendency that are busy, driven, dynamic and highly
committed to get the things done.
Therefore, the high motivation levels mainly features with the characteristics that needs
to have high need for achievement and manifesting as the desire to lead, shape and complete
projects. Thus, 57% is the medium score and this reflects that an individual has the different way
to look over the others and spotting the opportunities around them. In addition to this, if an

individual has the innovative tendency then it can assist to develop the ideas that create the new
products. System and services and new business ventures across the sectors. It also aids to
reflects about the some amount of risk involving that relates with time, personal relationship and
finance (Kraus, Palmer and Spitzer, 2019). It aids to seek the information and that aids to
pursuing the opportunity and also helps to calculate the risk taking. However, they also helps to
convince their investor and supporters to take the calculation of the risk. Therefore, this can be
stated that there are different kind of entrepreneurs who distinguished at the with the help of
components as growth orientation, motivation and type of business. As per the General measure
of enterprise tendency, highly enterprising person has following qualities such as-:
 An individual seeks the opportunities and use resources to accomplish the plans.
 They are called to innovative and willing to calculate the risk.
 Such individual have strong need for achievement.
Leadership approaches and entrepreneurship
Leadership is basically the way through which an individual is able to influence the
thoughts and opinion of other people. Leadership plays an important role within
entrepreneurship and thus helps in the development of effective leaders. Entrepreneurship is
predominately the process for running and launching one’s own business ( Wiklund, Wright and
Zahra, 2019.). There are various styles of leadership and these styles have an important role to
play within entrepreneurship and an entrepreneur. The style which a leader adopts explains
whether the individual is an effective or ineffective leader. There are mainly four types of
leadership styles which help in running the efficient business namely democratic style, autocratic
style, paternalistic and Lassie-Faire style. The adoption of the particular style depends in the
situation of condition. I conducted a leadership questionnaire of myself in order to know that in
which category of style I fall and what type of leader I am (Fritsch and Wyrwich, 2017). The
numbers from 1 to 5 were assigned to each of the question which forms the basis of rating scale.
The total score which I scored under three different leadership styles were 17 in authoritarian
leadership, 19 in democratic style and 13 in Laissez-Faire leadership. The maximum score which
I scored was 19 under democratic leadership. Thus, this questionnaire revealed that most of the
qualities within me are of democratic leader, then autocratic leader and least of Laissez-Faire
leadership. The second highest score I scored under authoritarian leaders which say that I also

have some qualities of autocratic leaders. This quality of authoritarian leader within me is based
on responses which I provided. Like for example in the statement that leader should provide its
subordinates freedom for solving problems, I marked 2 which means disagree. I think that
leaders should exercise strict control over their employees and maintain discipline among them
to avoid their distraction from work. Another example like in the other statement which was
Effective leaders provide orders to the employees, I marked 4 which correspond to agree. I think
that leaders should give strict orders to their employees for helping them to remain compliant to
the rules and regulations. Thus, these few statements in the questionnaire shows that I am an
authoritarian leader where by having the strict control over the employees and controlling them
to great extent in order to make effective-decision and preventing the distraction of employees
from their goals (Hills and Morris, 2018).
The highest score in democratic leadership says that most of the qualities within me are
of a democratic leader. Like in the statement stating employees need to be part of the decision-
making process, I marked 5 which correspond to strongly agree. Thus, I think that employees are
the assets of company and hence they should be involved in the various decisions of
organizations. In another statement addressing in complex situations, leaders should allow
subordinates to solve their problems on their own, I marked which means strongly disagree.
Therefore, instead of leaving on their situation leaders should help their employees in solving
their problem by proving the right guidance and coaching not only in professional life but also in
the personal life (Hills and Morris, 2018).
Thus, these few statements show that I am a democratic leaders and believes in taking
subordinates together at each and every level.
Skills & attributes of leadership
Effective leaders have various skills and attributes which make them an ideal entity in the
eyes of other people whether subordinates or top management. Effective leader is the one who
are highly focused towards developing other along with itself and helps in growth of other
people in addition to itself. For becoming the effective leader, a person should have various
qualities, skills and traits. These skills and traits is the major determining factor of efficient and
inefficient leader. Some of the traits which leaders should have are effective communication
skills, honesty and integrity, efficient decision-making, active listening and feedback etc
(Boudreaux, Nikolaev and Holcombe, 2018). I conducted a self-assessment questionnaire of

leadership in order to recognize that what qualities of leaders I have and where I lack behind. In
this questionnaire, I scored total of 219 score. The guideline specified the following criteria
175 or above- on way to effective leader
125 to 174- getting close
124 or below- needs improvement
Thus as I scored 219 thus this shows that I am on the right track of becoming the
effective leader. This test helped me to analyze my strengths as well as opportunities for growth
based on the responses which I gave in this questionnaire. My biggest strength is that I am able
to effectively communicate with each other. For example- while working on the project, I
effectively interacted with my team members regarding its aspects like project initiation etc
(Zahra, Neubaum and Hayton, 2016). Another major strength is that I am hones and fair and thus
remain transparent to my colleagues and subordinates regarding my work. For example- before
commencing the new project in my organization, I provided each and every detail to my team
members as what the project is about, its cons its pros, work load due to the project etc and thus
shows a high level of transparency by clearly laying down its mission and objectives. My
another strength is that I take input from the employees while making decisions. Like for
increasing the sales of new product in my organization, I solicited the opinion of all employees
and then took the decision.
This questionnaire showed me that I am somewhat weak in providing on-job-training to
new employees as in this statement, I rated myself 3 points which corresponds to true. Thus, for
improving this weakness I have the opportunity to increase my training skills by frequently
taking training from seniors as how to train others (Hoppe, 2016).
Another area in which I need improvement is problem solving. In the statement stating I
criticize constructively and address problems, I rated myself only 3 points that is true as I am
little weak in problem solving. Therefore, I have the opportunity to develop my problem-solving
skills by applying brainstorming and analyzing each and every situation in-depth. Besides this, I
can list out all the possible solution to a problem on a sheet and then trigger the potential solution
by studying every solution in deep to analyze its effectiveness (Sutter, Bruton and Chen, 2019).

CONCLUSION
It has been summarized that leadership plays an important role within an organization
and helps in the development of the entrepreneur. There are various leadership approaches as
well as styles which are being adopted by the leaders in organization like autocratic leadership,
democratic leadership etc. It is highly essential to perform a self-assessment of own leadership in
order to know that under what category of leadership an individual falls. Besides this, an
effective leader has various skills and qualities like honesty, communication etc. Analyzing one’s
self helps to recognize that what skills of leader an individual have and in which are an
individual needs improvement.

REFERENCES
Books & Journals
Boudreaux, C.J., Nikolaev, B.N. and Holcombe, R.G., 2018. Corruption and destructive
entrepreneurship. Small Business Economics.51(1). pp.181-202.
Fritsch, M. and Wyrwich, M., 2017. The effect of entrepreneurship on economic development—
an empirical analysis using regional entrepreneurship culture. Journal of Economic
Geography.17(1). pp.157-189.
Hills, G.E. and Morris, M.H., 2018. Entrepreneurship education: a conceptual model and review.
In Educating entrepreneurs for wealth creation (pp. 38-53). Routledge.
Hoppe, M., 2016. Policy and entrepreneurship education. Small Business Economics.46(1).
pp.13-29.
Sutter, C., Bruton, G.D. and Chen, J., 2019. Entrepreneurship as a solution to extreme poverty: A
review and future research directions. Journal of Business Venturing.34(1), pp.197-214.
Zahra, S.A., Neubaum, D.O. and Hayton, J.C. eds., 2016. Handbook of research on corporate
entrepreneurship. Edward Elgar Publishing.
Mitra, J., 2019. Entrepreneurship, innovation and regional development: an introduction.
Routledge.
Kraus, S., Palmer, C. and Spitzer, J., 2019. Digital entrepreneurship. International Journal of
Entrepreneurial Behavior & Research.
Wiklund, J., Wright, M. and Zahra, S.A., 2019. Conquering relevance: Entrepreneurship
research's grand challenge.