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Entrepreneurship and Small Business Development

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Entrepreneurship and Small Business Development
Thomas J. Watson, Jr
IBM

Entrepreneurship and Small Business Development

Context

1. Introduction

2. Literature Review

3. A review of relevant material related to the selected entrepreneur.

4. Analysis

5. Conclusion

6. References

1. Introduction

Nowadays, businesses are facing development problems. Problems are included: the competitors, management system, leadership and so on. For entrepreneurs, the leadership is an essential leadership quality. It is not only an idea or a reality. Leadership is relating to not only the individual, but also the social. An entrepreneur will not be able to manage his company and staff if he has not good leadership. Similar, he is also unable to accommodate changeful environment market. This means that, even though you hold some good staffs and excellent physical conditions, however, you cannot develop and use these resources. IBM is a historic and very good company, and its product distribute hundred countries. Recalling the history of IBM 's growth, there is a very important person, he is Thomas Watson, Jr, the second-generation president of IBM. With Watson in the lead, IBM became the template for successful enterprises. This essay will outline the relevant leadership attributes.
After this, it will introduce the reader about Thomas Watson, Jr and his leadership, and then it will analyze this case and gain an insight of how importance about entrepreneurial leadership and how to develop leadership skills.

2. Literature Review

Leadership has been described as the "process of social influence in which one person can enlist the aid and support of others in the accomplishment of a common task." (Chemers, M. M. 2002)
Leadership is "organizing a group of people to achieve a common goal." The leader may or may not have any formal authority. Students of leadership have produced theories involving traits,( Locke et al. 1991) situational interaction, function, behavior, power, vision and values,



References: (Characteristic of Leadership: Seeing Things Differently, http://www.the-happy-manager.com/characteristic-of-leadership.html, 13th Dec 2010) (Leadership,http://www.hbs.edu/leadership/database/leaders/thomas_j_watson_jr.html 13th Dec 2010) “Leadership”, PETER G. NORTHOVSE, 13TH Dec 2010 “Leadership: A Critical Text”, Simon Western, 12th Dec 2010 “On leadership”, JAMES G. MARCH AND THIERRY WEH, 13th Dec 2010 “THE IBM WORLD”, NANCY FOY, 13TH Dec 2010 “Leadership: A Critical Text”, Simon Western, 12th Dec 2010

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