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Leadership in the Context of Corporate Entrepreneurship
Author(s) -
Karol Robin A.
Publication year - 2015
Publication title -
journal of leadership studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.219
H-Index - 14
eISSN - 1935-262X
pISSN - 1935-2611
DOI - 10.1002/jls.21350
Subject(s) - entrepreneurship , business , perspective (graphical) , context (archaeology) , business environment , marketing , public relations , knowledge management , business administration , political science , computer science , paleontology , finance , artificial intelligence , biology
Established companies rely on innovation to maintain their competitiveness in the rapidly changing economic environment. These companies must perpetually develop new products and services, and create new businesses and new business models. To do so, entrepreneurial leaders within established companies need to understand and align their projects with the corporate vision and business goals. The entrepreneurial leaders must also lead by influence to obtain necessary resources to fulfill these goals. Creating an environment that encourages innovation and engenders trust is necessary for the success of entrepreneurial leaders. Skills relating to perspective taking and influence as well as the need for agility are also crucial.