1.5.6 Entrepreneur to leader

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8 Terms

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good leaders are …

emotionally intelligent and have good interpersonal skills

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emotional intelligence

combinds recognising the inpact of our own emotions on our feelings and actions with considering other peoople emotions and feelings when interacting with them

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why may entrepreneurs have issues moving from entrepreneur to leaders

  • reluctantly to hand over control, making it difficult to delegate

  • loss of autonomy in decision making

  • learning to trust others and not feel the need to constantly oversee everything/micromanage

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delegation

passing down of authority frm a superior to a subordinate

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benefits of delegation

  • job sharing

  • job satisfaction

  • specialisation

  • flexibility

  • progression

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Verification

Involves reviewing, inspecting and testing to check performance levels. Constant verification though, can be read as lack of trust

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Verification disadvantage

Can be seen as a lack of trust

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Validation

Often contains an element of recognition for work (e.g. reassurance that their doing a good job). Validation is often part of appraisal (e.g. checking people’s progression in a role, identifying training and support needs and planning career development)