Introduction:

Tapping the Natural

Tension Between
Managers and
Leaders
MODULE 1
 MODULE OVERVIEW
As a society and as individuals, we see ourselves
confronted with unprecedented challenges. These
challenges require a new form of leadership, one that
allows us individually and as members of a leadership
team to step into new terrain and to find and
implement a transformative vision.
 MODULE OVERVIEW
This module is an invitation for students to develop leadership practice
which requires a deep level of self-knowledge. This module offers
students different practices of self-reflection, meditation and
mindfulness as well as steps into different languages of the arts. Further,
this module will examine the Entrepreneurial Leadership (EL) factors
needed to bring about enterprise transformation or transition from
start-up and ongoing operations to what is frequently called enterprise
building. Theories and related research will be examined, as will "best"
and "worst" practices, using case studies, lectures, and outside speakers.
 Define entrepreneurial leadership
and its important concepts;
Enumerate and explain the four
contexts of entrepreneurial
leadership; and
Be aware of the importance of
Learning entrepreneurial leadership in a
Outcomes successful operation of an
organization
LESSON 1:

ENTREPRENEURIAL
LEADERSHIP: WHY IS IT
IMPORTANT?
 ACTIVITY 1:

Using the in-call messages, give me

your BEST one-word description of
a leader (in general). Only one answer
per student will be accepted.
 ACTIVITY 1:
Now, using again the in-call
messages, give me your BEST one-
word description of an
entrepreneurial leader. Only one
answer per student will be accepted.
ENTREPRENEURIAL LEADERSHIP
In 2004, Chris Roebuck defined entrepreneurial
leadership as “organizing a group of people to achieve a
common goal using proactive entrepreneurial behavior
by optimizing risk, innovating to take advantage of
opportunities, taking personal responsibility and
managing change within a dynamic environment for
the benefit of an organization”.
ENTREPRENEURIAL LEADERSHIP
Entrepreneurial leaders may work
within a formalized organization
structure. But they use the skills and
approaches associated with successful
entrepreneurs.
Why do we need
Entrepreneurial
Leaders?
 The answer is relatively
simple. To keep up with the
swift pace of change in the
world, we need forward
thinking, creativity and
innovative ideas.
 In today’s fast-changing world,
leaders need to be agile. You
need to be able to make decisions
quickly, take action and learn
from the results. You need to
anticipate the future, respond to
unforeseen circumstances and
adapt to change. That relies on
entrepreneurial leadership.
Water
Rafting
IMPORTANCE OF
STUDYING
ENTREPRENEURIAL
LEADERSHIP
 1. OWNERSHIP, PRO-ACTIVENESS AND RESPONSIBILITY
Taking responsibility for your decisions and actions is hard
enough, but taking responsibility for something more than
yourself – for other people, a project, vision or a dream is a
true challenge. “Pressure makes diamonds” and great leaders
often emerge when success or failure depends on what they
(don’t) do. Entrepreneurial leaders focus on putting their
personal and professional experience, leadership skills and
values to practice.
2. TEAM MANAGEMENT AND MOTIVATION
Also, recognizing people’s interests and abilities and being able to
develop them, sometimes distinguishes a good leader from a great
one. When you “listen” to people’s affinities and allow them to fully
participate, they feel included; they step up wishing to meet the
expectations and exceed them; they put in effort and make a
statement. The project you are working on is no longer yours, his or
hers. It is shared achievement. Team management and motivation
are crucial for entrepreneurial leaders because the cornerstone of a
successful enterprise is building strong and effective teams.
3. INNOVATION AND CHANGE MANAGEMENT
The answer to this is simple – “…to meet the challenges of each new
age means discarding old, sometimes well-loved methods” (Kazuo
Ishiguro). In order to keep up with the swift pace of changes in the
world, we need forward, creative thinking and innovative ideas. The
man would have never landed on the moon had he not taken risks
and fostered innovative thinking. Investopedia.com says that “The
entrepreneur is commonly seen as a business leader and innovator
of new ideas and business processes.” Entrepreneurs don’t chase
opportunities, they create them.
4 Context of
Entrepreneurial
Leadership
1. STARTING A NEW VENTURE
Start-ups are what we normally associate
with entrepreneurs and entrepreneurial
leadership. For a start-up to be successful,
leaders need to spot gaps in the market,
identify new opportunities and engage
teams and investors. They have to operate
differently to big organizations because
they don’t have the same resources. They
have to rely on low-cost experiments,
teams and partnering.
2. SOCIAL VENTURES
Social ventures are similar to start-
ups but their main purpose is
meeting unaddressed social or
economic needs. Leaders in social
ventures need to spend more time on
partnerships. They need to develop
relationships with the community,
the government and NGOs.
3. FAMILY ENTERPRISE
Leaders in a family business have to
focus on the parallel challenges of
family and business. They need to
evolve the organization so that it
responds to the changing market as
well as transferring to the next
generation.
4. ACHIEVING ORGANIZATIONAL
INNOVATION
Even large organizations need to
innovate if they are going to survive and
thrive in a changing world. There needs
to be a strong alignment between
strategy and culture. And that is only
achieved through entrepreneurial
leadership that enables creativity and
change.
No matter what context you are
operating in, entrepreneurial
leadership will be central to your
growth. Developing leadership
skills helps develop talent, roll
out new products and services,
deliver efficiency and gain
market share.
COMMON
ENTREPRENEURIAL
LEADERSHIP
CHARACTERISTICS
1. POSSESS COMMUNICATION SKILLS
The leader is able to clearly
articulate their ideas, and the plan to
achieve common goals. They
encourage communication between
departments and across levels. They
avoid ambiguities and
generalizations, and are able to avoid
conflict and misunderstanding due
to poor communication.
2. VISIONARY
A successful entrepreneurial
leader has a clear vision. He
knows exactly where he wants to
go and how to get there. They
communicate their vision to the
team and work with them to make
the vision a reality.
3. SUPPORTIVE
An entrepreneurial leader realizes the
importance of initiative and
reactiveness, and they go out of their
way to provide all the support that the
team needs to achieve their goals. The
leader usually does not punish
employees when they take a calculated
risk which misfires. Instead, they sit
down with employees to analyze what
went wrong and work with them to
correct the mistakes.
4. HAS SELF-BELIEF
The leader has tremendous belief in
themselves and has confidence
gained from years of
experimenting, at times failing, and
learning. They are aware of their
strengths and weaknesses, and
demonstrate their skills without
hubris. An entrepreneurial leader is
very self-assured.
5. SHARES SUCCESS
When the team or the
organization succeeds at
something, the leader does not
hog the limelight or take all the
credit. They acknowledge the
contribution of others and
shares the accolades with them.
6. INVOLVES MEMBERS/EMPLOYEES
You will not find an entrepreneurial
leader cooped up in the office.
Leaders like to spend time among
employees, walk around the factory
or department, interact with
everyone, and see them doing their
job. This leader will usually take some
time out to informally chat with
employees, and understand their
work and personal challenges.
6. HONEST
Honesty is the most important
quality of an exceptional leader.
Entrepreneurial leaders who are
honest are able to quickly win the
trust of their employees. People
respect leaders to come across as
honest, and are more likely to
accept positive or negative
feedback and also work harder.
7. PERSEVERES
When the going gets tough,
the entrepreneurial leader
perseveres. True
entrepreneurs simply don’t
quit, they keep going till they
find what they’re looking for.
8. DOES NOT STOP LEARNING
The leader not only invests
significantly in learning and updating
their knowledge, but they also create a
learning environment in the
organization encouraging others to
improve their knowledge, widen their
experience, and tackle multiple
challenges. They encourage employees
to think outside the box and come up
with creative solutions to problems.
 you for
Thank

listening!