VL7 Entrepreneurial Leadership

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Flashcards on VL7 Entrepreneurial Leadership, created by Christian Weibel on 26/05/2018.
Christian Weibel
Flashcards by Christian Weibel, updated more than 1 year ago
Christian Weibel
Created by Christian Weibel almost 6 years ago
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Waht is Leadership? Activity of leading a group of people or an organization or the ability to do this. Social influence which maximizes the efforts of others towards the achievement of a goal.
A new leadership paradigm - Change and crisis management - Empowerment - Collaboration - Diversity - Higher purpose - Humble
Management vs. Leadership M: - Handling complexity in organizational processes - Execution of work - About efficiency and effectiveness L: - Setting direction - Communicating and motivating - Emotions - Situation specific
Country club leadership - Security and comfort of employees - Friendly atmosphere - Not necessarily productive
Impoverished Leadership - Preserve job and seniority - Protect yourself - Avoid responsibility - Minimum effort to get work done - Less innovative decisions
Team Leadership - Encourage teamwork - Foster commitment - Create responsibility - Employees as important parts of company
Middle of the road Leadership - Try to achieve balance - Everyone should be happy! Possible?
Task Leadership - Money in exchange for performance - Rules, punishment, pressure - Applied when in crisis
Transactional Leadership - Setting goals - Use systems and controls - Reward individuals when goals met - Efficiency In times of consolidation
Transformational Leadership - Broaden and elevate interests of employees - Generate acceptance and awareness of purpose and mission - Make employees look beyond self interest - Provide inspiration, excitement In times of rapid change
Skills of authentic leaders - Self-awareness - Self-management - Social awareness - Social skills
Entrepreneurial Leadership: Definition Entrepreneurship does not happen without leadership Leadership that creates visionary scenarios that are used to mobilize a supporting cast of participants who become committed by the vision of strategic value creation
Who should lead? - People at all levels - Does not have to be a traditional manager - Vision provider
How is the entrepreneurial leader? - Similar to transformational leaders - Inspiring and motivating - Visionary
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