This depends upon its material resourcesindustrial climate and its ability to use it to its best. In fact, it involves multi prolonged activity. The important role that entrepreneurship plays in economic development of the country can be put together in a more systematic and orderly manner. Entrepreneurs create social change through unique offerings of goods and services entrepreneurs break away from tradition and indirectly support freedom by reducing dependence on obsolete system and technology.
Discussion Leadership is a process through which one a person provides guidelines derive path for an individual or group and influence them to achieve individual or organizational objectives and goals through execute the activities in effective and efficient manner.
Leaders are the carryout this process through their leadership style, knowledge, skills, abilities and characteristics that helps to achieve predefine individual objectives and goals or common goal.
Skills, attitudes, beliefs, values, ethics, character, knowledge are the key success factors and part of leadership. There are four key factors of the leadership: Leader, followers, communication and situation. Leaders use the leadership style to achieve overall success to get individual, group or organizational goal.
The concept of follower describe about the style of leadership that leaders used for organizational functions: Communication is factor that helps to create, maintain and retain the relationship in the organization. Situation defines the approach and expresses the trait leadership of leaders.
Leadership reflects the ability to inspire its people and it helps to build high aspirations, it convinces the team to attempt the impossible goals and objectives.
They provide the better vision and mission with the help of proper communication among the team because this also helps them to focus on the measurable goals. The use of costs, benefits, schedules and proper planning helps in the goals achievement.
There are different leaders in the world and that are not known as the managers because they are not supported by power of position. Most of the people in the management position are good at some things but on the same hand, they are not at all good at some things. Leadership requires proper investment and they ensures the responsibility of all managers to appreciate the values and to place the leadership in more tradition of the job.
Leadership is a common sense and it helps to set the direction, gains the commitment, creates an enthusiasm for the people to increase the level of efficiency, to develop the team capabilities, to make the change happen for the better future and many more. Thus on the other hand, the skills and capabilities of management that is required in the organization is proper planning, proper organizing, controlling and monitoring, establishment of the systems and processes and progress reviews etc.
Apart from above discussion the below is the principle of Leadership that should be in Leaders: Self analysis and self motivation: Leaders should use self analyze process to find the scope of improvement and scope of opportunities areas for better enhance it terms of completing the organizational and management function in the above.
Technically expertise and sound: To execute the task in effective and efficient manner and coordinate the team or complete the task through other team members self expertise is very essential things that helps and make perfect and create positive image in the mind of followers and other team members.
Leaders always ready to take new responsibilities and execute those responsibilities in effective and efficient manner. They create, maintain and retain the client that provides businesses to the organization.
Leaders also influence to other employees to take new responsibilities and help them to complete the responsibilities successfully. Effective and on time decision skill: To compete with competitors and sustain the business in the competitive market required quick and effective decision skill.
The effective and on time decision skill helps to retain the business and also helps in strategic planning that define the short and long term objectives and goals of the organization. Leaders help to develop the team sprites and team to execute the task on time in effective and efficient manner.
In the above paragraph the paper discuss about the self analysis and self motivation is the one key principle that derive from the leadership concept. In the same manner to motivate the other employees also a very important for leaders to execute the task on time in effective and efficient manner to achieve overall success and growth within the organization.
Bennis, Entrepreneurship is merely a special case of leadership Entrepreneurs are that person, who supplies the risk capital as a risk taker, monitors and controls the numerous organizational activities.
The person can be decision maker, decision taker and decides the produced goods or services. Leadership and entrepreneurship creates the critical concepts in the research and sources. Leadership and entrepreneurship helps in the effectiveness as well as the performance. This affects the development and implementation in the organization.
This may affect the business performance and the transformational leadership creates greater contribution in the performance. Today is the world of entrepreneurship and this helps to meet with the concept of organization level entrepreneurship.Essay about Innovation and Entrepreneurship in the Global Economy.
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Innovation and Entrepreneurship in the Global Economy Essay on Business Ethics and the Global Dimensions of Business. Ethical Issues In Entrepreneurship. Ethical Issues Organizations today are faced with many issues.A major challenge is dealing with and determining a code of ethics.
Ethics involves the study of moral issues and choices (Kinicki, ). Many organizations today are faced with unethical behavior that occurs throughout the company.
This essay will primarily conduct a brief definition of entrepreneurship and innovation while introduce the role of problem solving and creativity, and thereby observe the synergy between entrepreneurship and innovation.
Then theoretical and practical analysis will be made in their repective relationship with economy development. Ethics and Entrepreneurship. New Paradigms - Dr. Venkatesh Ganapathy - Textbook - Business economics - Business Management, Corporate Governance - Publish your bachelor's or master's thesis, dissertation, term paper or essayPages: With reference to one or two organization that you have studied, discuss the influence of ethics and innovation on the role of entrepreneurship (entrepreneur) and intrapreneurship (intrapreneur).
Ethics Essay Please adhere to the word-length and address each prompting question. After completing the assignment, please email your essay to your hearing officer by the identified deadline.