Preview

Mr Li

Best Essays
Open Document
Open Document
3014 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Mr Li
Apple inc.
The role of entrepreneurial leadership in the success of entrepreneurs: A case study of Steve Jobs—Apple Inc.

Title

The title of this research paper is “The Role of Entrepreneurial Leadership in the success of Entrepreneurs: A Case Study of Steve Jobs- Apple Inc.”

Introduction

In leadership, the area of entrepreneurship has been of foremost interest that has been theorized and researched as well as it is still in a formative phase as to what identifies an entrepreneur. The researchers and theorists have been varying in their philosophy about what develops entrepreneurial leadership. According to previous researches, entrepreneurs have been more intuitive, motivated by the need to obtain, well organized than others, and are capable of taking high risk challenges (Malach-Pines et al., 2002). The characteristics and traits that cause the entrepreneurial leaders to launch new services and organizations that other business owners have not thought of, is of great significance. Therefore, this paper aims at discussing the characteristics of entrepreneurs further emphasizing on a selected characteristic in relevance with a selected entrepreneur. The problem statement to be analyzed is “The entrepreneur characteristics influence the effectiveness of the entrepreneur in conducting business activities”. Therefore, following is a brief literature review critically evaluating previous researches on the entrepreneurs’ traits and entrepreneurship. In addition, a critical analysis will be discussed to validate the previous researches and relate them with the current findings of a selected entrepreneur.

Literature Review

Entrepreneur

An entrepreneur is an individual possessing the qualities as well as traits using them in running an enterprise. The entrepreneurs’ perceive new business opportunities, taking the linked risks, and enjoying the profit as reward for their incredible efforts. The

You May Also Find These Documents Helpful

  • Satisfactory Essays

    QHT1 Task 3 final

    • 412 Words
    • 2 Pages

    In Business today the Entrepreneurial Organizations continue to grow, thrive and help change the way companies and people do business. These Entrepreneurial changes that happen internal to large organizations or at small start-up companies all have some of the same traits in common with each other and use some of the same tactics to create business opportunities. Some of the traits they share to promote their business are: Individual action and initiative, Innovation, Differentiation and Risk Taking.…

    • 412 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Intuitive Surgical

    • 1099 Words
    • 5 Pages

    References: Doyle, M., & Smith, M. (2001). Classical models if managerial leadership; traits, behavioral, contingency of transformational theory. Dyer, J., Gregersen, H., & Christensen, C.M. (2011). The Innovator 's DNA: mastering the five skills of disruptive innovators. Boston, MA: Harvard Business Review Press Hitt, M. A., Haynes, K. T., & Serpa, R. (2010). Strategic Leadership for the 21st century. Hoffman A. (2012). Intuitive Surgical Inc.: How Long Can Their Monopoly Last.…

    • 1099 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Terrell Gatewood Case

    • 540 Words
    • 3 Pages

    On Tuesday April 4, 2017, Terrell Gatewood, was the guest speaker for my Organizational Leadership class. Entrepreneurs are driven by many things. Sometimes it’s an experience that has had a huge impact on one’s life. Such is the case of Mr. Gatewood who’s start from very humble beginnings drove him on an extraordinary journey to better himself. The purpose of this paper is to discuss Mr. Terrell Gatewood.…

    • 540 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Leadership Comparison

    • 3720 Words
    • 15 Pages

    The study concludes that Jobs was successful in using multiple, measurable leadership structures to motivate, empower and guide his team of followers to numerous business successes best illustrated by the evaluated period. The outcome reinforces the notion that good leadership not only revolves around being able to adapt to changes in the leader, follower and situation matrix, but having exceptional vision is a vital trait of contemporary leadership bringing wide-ranging benefit to the organisation. In this study that vision became the determinant of the path and resulting success or failure of the companies under its leader. Jobs as a person was widely recognized as being cruel, a control freak, profane and even notoriously difficult, but as a leader was still very able to motivate his followers to buy into not his needs but to be a part of the bigger picture. History.…

    • 3720 Words
    • 15 Pages
    Best Essays
  • Good Essays

    Based on J.W. Marriott video, I think the two most important qualities required for an entrepreneur to be highly successful is “A willingness to find and accept a challenge” and “Family background”…

    • 504 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    hello to the world

    • 3735 Words
    • 15 Pages

    Principles of Management Presentation Topics 1. Case of Dabbawalas of Mumbai and learnings from it 2. Rise of Samsung Galaxy - Strategies & Tactics 3. Strategic positioning of Coca – Cola in Global Market 4. SWOT Analysis of Nokia – Microsoft Merger 5.…

    • 3735 Words
    • 15 Pages
    Satisfactory Essays
  • Powerful Essays

    Entrepreneurs, driven by an intense commitment and determined perseverance, work very hard. They are optimists who see the cup as half full rather than half empty. They strive for integrity. They burn with the competitive desire to excel. They use failures as a tool for learning. They have enough confidence in themselves to believe that they personally can make a major difference in the final outcome of their ventures. (Kuratko, 2009, p-29)…

    • 1643 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Introduction Entrepreneurial leadership is a specific type of leadership that influences others to manage resources strategically in pursuit of entrepreneurial opportunities (Ireland et al. 2003). This leadership style, embodying the characteristics of both entrepreneurs and successful leaders, has received much attention in new ventures and established organizations. Successful new ventures, even at the early new venture creation stage, are often the result of entrepreneurial teams motivated by a leader who is able to instil an entrepreneurial vision and influence others in the pursuit of an opportunity, rather than the effort of…

    • 14850 Words
    • 60 Pages
    Powerful Essays
  • Good Essays

    Business success may causes due to many factors, but the greatest determinant of the business success is the entrepreneur himself / herself. Therefore, the question of what makes a successful entrepreneur is very important. There have been many answers to this question. Some people think entrepreneurs are born, others that they are made. Some see entrepreneurs as passionate leaders with a vision that is totally focused on one objective, while others describe them as compulsive controller. Some says entrepreneurs are risk takers while others say they are risk averse. All of these words may describe some entrepreneurs but they do not describe all successful entrepreneurs. There is no doubt that entrepreneur’s diploma’s, business knowledge and skills play an important role in business growth and success, but the personality of the entrepreneur is even more important. Recent researches in the field of psychology suggest that personality has a great deal to do with being a successful entrepreneur.…

    • 3096 Words
    • 13 Pages
    Good Essays
  • Better Essays

    Entrepreneurial Leadership

    • 1116 Words
    • 5 Pages

    Not unlike its sister field of leadership, entrepreneurship has long struggled to identify a coherent theoretical and conceptual framework capable of explaining the phenomenon known as “entrepreneurship” and more importantly the role of the “entrepreneur.” The focus of this paper is to examine similarities and differences between the fields of leadership and entrepreneurship and create a working definition of the “entrepreneurial leader.” The field of entrepreneurship has long held that there is a symbiotic bond between the creation of the new venture and the role of the entrepreneurial leader-founder. The entrepreneurship leader lends his/her vision, leadership style and strategy to the very essence or the core of the business. The individual is a major independent variable influencing the outcome and success of the business.…

    • 1116 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Entrepreneurship is a concept which is defined in many ways. The word entrepreneur means a person who undertakes from the French term called eneteprendre. In terms of business, the term entrepreneur means starting a business. An entrepreneur is a person who manages, organizes, and takes over all the enterprise or business risks. Other definitions include a person who has high ambition and aptitude to initiate change is known as an entrepreneur. The entrepreneurial school of thought is based on vision: a mental representation of strategy created or at least expressed in the head of the leader as perspective, specifically a sense of long term direction of organizations future and a sound vision and visionary CEO can help organization in turbulent times or in very difficult years for the organization also it have shortfalls that hanging on the health and whim of single person, the death or health problem of that person result in crisis of organization. and one of present day successful entrepreneur and its strategic moves in the direction of the school of thought is discussed.…

    • 3043 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Entrepreneurs in Malaysia

    • 1563 Words
    • 7 Pages

    Entrepreneurs are innovators or developer who recognizes and seize opportunities; converts those opportunities into a workable/marketable idea; adds value through time, effort, money or skills; assumes the risk of the competitive marketplace to implement these ideas and realizes the rewards from these efforts (Kuratko, 2009). Based on this explanation, we can assume that entrepreneurs are people who take risks and efforts to venture into a new business. In order for them to take such risks, they need to have certain characteristics; entrepreneurship characteristics.…

    • 1563 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Ratan

    • 3212 Words
    • 13 Pages

    Entrepreneurship is at the root of business. Some entrepreneurs become so successful that their companies last long for 4-5 generations (and beyond), while some last for their generation. And many fail few years after taking off. Is there an equivalent of Level-5 Leadership (as propounded by Jim Collins) in entrepreneurship? No answers yet, though. IBSCDC’s case studies on entrepreneurship cover various topics connected with entrepreneurship – business models, business plans, entrepreneurial finance, founder-succession, social entrepreneurship, etc. The case studies enlisted here trigger your intuitive reasoning and question established wisdom. Come and explore what it takes to script a successful entrepreneurial venture. Read the interviews with experts that can enrich your learning from the case studies. View the videos on some highly successful entrepreneurs.…

    • 3212 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Who Can be an Entrepreneur?

    • 5221 Words
    • 150 Pages

    In this case study it is evident that a person with entrepreneurial characteristics and work habits can be an entrepreneur. Entrepreneurs can be anybody, situated anywhere irrespective, gender, race or creed. They are people who possess multi-faceted skills and knowledge base but most off all an intense passion to create wealth through their ideas and creativity. Like Wooten, the outlook is tempered by past experiences whether it is positive or negative. Wooten possess qualities of an entrepreneur in that he has the ability to deal with risk, results oriented, energy, growth potential, team player, multi-tasking ability and he is improvement oriented. 1.2 Critically assess the suitability of the lead entrepreneur to succeed in their respective business venture. Wooten has many positive attributes:…

    • 5221 Words
    • 150 Pages
    Powerful Essays
  • Satisfactory Essays

    Entrepreneurs have many of the same character traits as leaders,[10] similar to the early great man theories of leadership; however trait-based theories of entrepreneurship are increasingly being called into question. Entrepreneurs are often contrasted with managers and administrators who are said to be more methodical and less prone to risk-taking. Such person-centric models of entrepreneurship have shown to be of questionable validity, not least as many real-life entrepreneurs operate in teams rather than as single individuals. Still, a vast literature studying the entrepreneurial personality argues that certain traits seem to be associated with entrepreneurs:…

    • 442 Words
    • 2 Pages
    Satisfactory Essays