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Continuation in Lesson 6:: LESSON 7: The Entrepreneurial Leadership Styles

This document summarizes six styles of entrepreneurial leadership: 1. The Classic style involves tight personal monitoring of employees. 2. The Coordinator style allows entrepreneurs to run businesses with just a few employees by outsourcing tasks. 3. The Craftsman style maximizes control by having leaders do everything themselves, limiting business size. 4. The Entrepreneur+Employee Team style gives entrepreneurs the most control within larger businesses. 5. The Small Partnership style involves less control and autonomy as leadership is shared among partners. 6. The Big Team Venture style requires not just capital but a growth-oriented management team to handle larger ventures.

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Renysa Bellen
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58 views

Continuation in Lesson 6:: LESSON 7: The Entrepreneurial Leadership Styles

This document summarizes six styles of entrepreneurial leadership: 1. The Classic style involves tight personal monitoring of employees. 2. The Coordinator style allows entrepreneurs to run businesses with just a few employees by outsourcing tasks. 3. The Craftsman style maximizes control by having leaders do everything themselves, limiting business size. 4. The Entrepreneur+Employee Team style gives entrepreneurs the most control within larger businesses. 5. The Small Partnership style involves less control and autonomy as leadership is shared among partners. 6. The Big Team Venture style requires not just capital but a growth-oriented management team to handle larger ventures.

Uploaded by

Renysa Bellen
Copyright
© © All Rights Reserved
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Download as DOCX, PDF, TXT or read online on Scribd
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CONTINUATION IN LESSON 6:

CLIMATE FOR INTRAPRENEURSHIP LESSON 7: The Entrepreneurial Leadership Styles

 Organization operates on frontiers of technology The Six Styles of Entrepreneurial Leadership


 New ideas encouraged
1.The Classic
 Trial and error encouraged
 Failures allowed - This is the traditional entrepreneurial management style. It’s
 No opportunity parameters- barrier to new product creation also known as the “watch it all yourself” mode of operation.
and development You hire people but you insist on tight, personal monitoring and
 Resources available and accessible supervision.
 Multi-discipline teamwork approach
 Long-time horizon -These types of leaders let the business become too big and too
 Volunteer program complex to run alone. So they hire managers to joing their
 Appropriate reward system team.
 Sponsors and champions available 2. The Coordinator
 Support of top management
- An alternative to the classic style is the coordinator method,
INTRAPRENEURIAL LEADERSHIP CHARACTERISTICS whereby leaders can run a fairly good sized business with just a
handful of employees. This types of business structure is
 Understand the environment
sometimes called a “virtual corporation” and the essence of its
 Visionary and flexible
style.
 Creates Management options
 Encourages teamwork - This type of entrepreneur can job everything out: arrange for
 Encourages open discussion the product to be manufactured; get brokers and reps to sell it
 Build a collision of supporters hire an accounting firm to handle the books and sell your
 Persists receivables to someone else to do the collections.
3.The craftsman 6.The Big Team Venture

-Craftsmen are leaders who maximize their control over - This style puts the leader right on the back of tiger. Prepare
business by doing everything themselves. It’s like the classic before your saddle up.In addition to capital, your need a
approach, limits the size of the business. This style makes sense growth-company management team.
if the business biggest concern in the quality of the output. It’s
an attitude characterized by craft types, although many
entrepreneurs in other business also adopt this style.

-These are advantages to doing everything: everything is done


“right” because the expert does it; expenses are minimized and
operating without employees can simplify your life. The only
problem with this rosy screnario is that the leader must do the
tasks he or she like, as well as the ones disliked. Advice for the
craftsman :streamline your business and just out those tasks
you don’t like

4.The Entrepreneur+Employee Team

- This leadership strategy gives the entrepreneur the most


control within the big business leadership styles.

5.Small Partnership

-This once popular leadership style has all but disappeared


among today’s modern management techniques. However, it
may be on the comeback. Leaders who adopt the small
partnership style have considerably less control and autonomy
in this type of structure.

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