Leadership Vs Entrepreneurship

Leadership, Entrepreneurship and Strategy means different things to different people, these

differences in meaning depend on where they are found, applied and the style of application.

There are leaders of all kinds

REVIEW OF DEFINATIONS OF LEADERSHIP, ENTREPRENEURSHIP AND STRATEGY FROM MANAGEMENT PERSPECTIVES

The Principles of Management (Mason et al, 2000) defines Leadership, Entrepreneurship and

Strategy from management perspective as follows;

LEADERSHIP:” as the social and informal sources of influence that you can use to inspire

action taken by others; mobilizing others to want to struggle towards a common goal”

ENTREPRENEUSHIP: “as the recognition of opportunities (needs, wants, problems, and

challenges) and the use or creation

STRATEGY defined from the Military perspective: “is the practical adaptation of the means

placed at a general’s disposal to the attainment of the object in view”

The similarities and differences between these topics will be on and between that of business and

in the other different sectors or perspectives.

SIMILARITIES OF LEADERSHIP IN BUSINESS AND IN THE PUBLIC SERVICE ADMINISTRATION FROM MANAGEMENT PERSPECTIVE

1. All leadership has an organizational mission, vision, objectives and goals to work with and from.

2. They all have stakeholders with interest in the performance of the business or sector, either private or public.

3. They all make and take decisions of some sort.

4. They receive numeration and benefits for their efforts.

SIMILARITIES OF ENTREPRENEURSHIP IN BUSINESS AND IN A NOT-FOR PROFIT ORGANIZATION FROM MANAGEMENT PERSPECTIVE

1. Both types of entrepreneurship is associated with certain traits like aggression, scale, and the search for rapid growth.

2. They do both look at things from both the business and social point of view.

SIMILARITIES OF STARTEGY IN BUSINESS AND IN THE MILITARY FROM MANAGEMENT PERSPECTIVE

1. They must adapt to change and constantly improve to