Entrepreneurial Team Leadership
History of team leadership
It was with the military idea that the traditional concept of business leadership started in the U.S. The olden industrial business like the railways espoused a hierarchy system of management leadership. The person at the control had the final say and was autocratic. Commands were issued from the apex level through the hierarchy to be executed unquestionably. Moreover, the authority was backed by societal strength, hence only a handful could oppose. Truly, particularly in the olden days, the leader had the power of ending the life of a soldier who refused to abide him and this resulted in obedience. Violators set the precedence of how nasty the outcome of infringement was. It is surprising that the legendary Bill Gates does not possess the inspirational wherewithal or strength of Attila the Hun. (The Art of Entrepreneurship)
With the coming of age and individuals starting to look forward to increased sovereignty of action and individual preferences, commanding strength of self-esteem, personality and hopes from the society were required to attain conformity of the person in abiding by the commands of the people ranked in official designations of command under challenging situations. The opposite end of the leadership continuum is marked by complete freedom, wherein every verdict is deliberated within the parties or their associates and major negotiations are made. Each one of them is free to voice his opinion regarding every pronouncement. Industrial businesses in the past implemented the leadership structure prevalent in the army, and it was effective, largely, because of two causes. First, the workforce engaged in the industrial units failed to look out for greener pastures. Secondly, the work put in by every worker could be measured and reviewed. Individuals were fast transposable devices. (The Art of Entrepreneurship)
Currently, none of these situations are evident. In the present day enterprises, totalitarianism never works. Recent studies on the top management revealed that entrepreneurial teams exert more control on the performance of the enterprise compared to the manager at the individual level. The excellence and structure of the group is a vital factor of the achievement of the enterprise. The bodies offering Venture Capital hardly ever prefer business propositions from sole entrepreneurs, however, on the other hand back propositions from a collaborated venture, largely possessing healthier antecedents. (Entrepreneurial Teams: Definition and Determinants) With the future appearing brilliant, the team based on choice gathers momentum. Although, it is a fact that you should take the major decisions related to your business, heading a business in this era is altogether a different ball game than commanding soldiers in the olden days. (The Art of Entrepreneurship)
Research professionals have observed leadership abilities from varied standpoints. Past study on leadership, from 1900s till the 1950s, made a distinction between the features of leader and cohorts. Upon discovering that no individual attribute or a combination of qualities was responsible for the competencies of leaders, research professionals thereafter started investigating the impact of the conditions on the proficiencies and conduct of the leaders. Successive researches on leadership endeavored to differentiate between efficient and inefficient leaders. These findings endeavored to decide which leadership attitudes were epitomized by efficient leaders. Research professionals employed the Contingency Model while observing the linkages between the individual features, conditional variables, and efficiency of leaders in order to comprehend what played a part in building efficient leaders. (History of Leadership Research)
The writings on leadership during the 1970s and 1980s with its centre on efficient leaders, reiterated individual qualities as the contributing factor of leadership capabilities. It mainly played a part in comprehending the influence of individual qualities and personal conduct of efficient leaders and the part played by them in building effective organizations. The findings distinguished between leaders and managers and pioneered a novel quality in leaders i.e. vision and discovered its significance. Coupled with vision, successful leaders ease the progression of a common vision and the importance of human capital of their establishments. Apart from these perceptions on leadership, another novel concept became apparent which is transformational leadership. It was initiated by Burns, relating it as not just a collection of particular conducts but somewhat a technique by which leaders and cohorts elevate each other to advanced levels of ethics and determination. He declared that transformational leaders are persons who address enhanced principles and ethical ideals like honesty and impartiality and can be discovered at different points of an organization. (History of Leadership Research)
Burns differentiated between transformational leaders from transactional leaders, which he expressed as leaders who inspired by...
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