Wednesday, April 24, 2019
Entrepreneurship.Excellent Leadership Qualities and Strong urge for Assignment
Entrepreneurship.Excellent Leadership Qualities and Strong urge for ethical motive and integrity - Assignment ExampleClearly, this is a misconstrued notion that cannot be accepted in modern bloodline management. Indeed, the modern day entrepreneur is expected to exhibit certain key characteristics, skills, and have certain primer coat to the day to day management of his business, without which the business cannot be expected to grow. In this paper, both(prenominal) of the skills, characteristics and backgrounds that make favored entrepreneurs are discussed with real examples of how these features about some entrepreneurs have ensured success for them. There is specific emphasis and reduce on emerging markets, but without any single emerging market in mind. The key characteristics that some entrepreneurs have exhibited over the years in various emerging markets, the aid of which has made them highly made shall be discussed. Excellent Leadership Qualities The leading of the com pany primarily refers to the management of visionary direction for the company. This indebtedness is played by several people within the organization, and in some cases, some leaders go fol set outs to other leaders (Coy et al, 2007). But as far as the entrepreneur is concerned, he is ofttimes seen as the last reporting leader within the organization. This is to say that the entrepreneur acts as the head of the organisational structure and is therefore the ultimate leader. In effect, the kind of leadership qualities that the entrepreneur displays will go a very long way to determine the visional direction that the entire organization will have. With the question as to what excellent leadership qualities are, Capelleras et al (2010) explained that it involves the ability of the leader to be identified with as many leadership styles as possible and learn to rightly apply each of them as and when they become necessary for an organizational scenario. In effect, a leaders leadership m ust always be seen as reserve in practice and this is what constitutes an excellent leadership quality. Strong urge for ethics and integrity Show me a leader without ethics and integrity and I will show you a dying company and this is gibe to Benzing, Chu & Callanan (2005). Ethics and integrity constitute a personal and behavioral characteristic that is needed by the entrepreneur to make him trustworthy and credible in the area of business that he is involved in. with the advent of incorporated image and corporate branding, stakeholders including customers, shareholders and suppliers are looking for corporate managers and leaders who represent not just a money making machine but an overall of credibility and trust when left with the finances and offbeat of a larger group of people (Benzing, Chu & Callanan, 2005). Commonly, the way of thinking is that when entrepreneurs cannot on by themselves proof to be credible, they can easily use manipulative and unacceptable inwardness of making their businesses grow. In an emerging market where near of the local customers are considered as vulnerable to market marketing mix strategies as lower prices, such entrepreneurs who are suspecting in their ethics and integrity can be tagged with dubious means of making their prices cheaper such as the invasion of taxes or use of unwholesome raw materials in manufacturing. authorize Self Motivation Motivation comes in several forms, commonly intrinsic and extrinsic motivation. In most cases, intrinsic motivation has been identified to be that type of motivation that keeps a person driving on when all other factors suggest that
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