Role of Leadership in Organisations for Entrepreneurial Success - Term Paper Example

The success of an entrepreneur or the entrepreneurial team depends upon the success of the enterprise.... The paper discusses the key factors that underpin a successful entrepreneurial team engaged in setting up a business.... Key Factors that Underpin a Successful entrepreneurial Team Engaged in Setting up a Business.... hellip; All the entrepreneurial activities have to be planned in an effective way of succeeding in the venture....

43), "not everyone fits into the role of an employee working for another person within an organization," because, "some decide to blaze their own trail through the business world.... 4) theorized that the role of the individual is important, particularly his or her psychological profile because this individual is the energizer of the entrepreneurial process.... The entrepreneurial Process There are numerous theories that seek to explain entrepreneurial process....

An author of the essay "The Person-Organization: Sir Richard Branson's Particular Style of Success" outlines that the case focuses on leadership in a creative, entrepreneurial organization.... The case also highlights the qualities of leadership.... The brand name Virgin has been associated with innovation, quality, fun, daring, and success.... Among them are: (1) recognition of opportunities for new entrepreneurial ventures (2) the rewards of timely entry and exit from any business venture; (3) tie-ups and management of strategic alliances; (4) the development of a corporate culture centered around youth and informality; (5) a common, unified approach for all Virgin subsidiaries/group holdings; (6) the management of creativity and identifying and encouraging “in-house” entrepreneurs ; and (7) diversification and entry into unrelated fields....

It should be noted that leadership in such positions as family businesses is one of the most debated and perplexing scenarios world over, yet least understood.... This research paper underscores emotional intelligence in management, family-non-family relationship at the management apex, collective leadership as well as cultural build up... In addition, clashing values, setting and atmosphere play a crucial role in the new entrance (Nicholson, 2005)....

om, coupled with entrepreneurial elements that carried throughout its growth stage, outperforms all digital models.... The author concludes that the transformational leadership style at Amazon.... By ignoring criticism about customer-centric activities, Bezos established a quality leadership model… By defying certain elements of standard digital operations, Bezos maintained a positive image for customer groups in multiple segments.... hat is transactional and transformational leadership?...