LEADERSHIP ENTREPRENEURSHIP DIVERSITY RAJ PATEL
4/8/2010 To change Footer click Insert > Header & Footer 3
LEADERSHIP ENTREPRENEURSHIP DIVERSITY
Leadership • Leadership has been described as the “process of social influence in which one person can enlist the aid and support of others in the accomplishment of a common task”.[1] Definitions more inclusive of followers have also emerged. states that, "Leadership is ultimately about creating a way for people to contribute to making something extraordinary happen."[2] According to [3], "effective leadership is the ability to successfully integrate and maximize available resources within the internal and external environment for the attainment of organizational or societal goals." • Leadership remains one of the most relevant aspects of the organizational context. However, defining leadership has been challenging and definitions can vary depending on the situation. According to , Assistant Professor at Lincoln University , “leadership is about capacity: the capacity of leaders to listen and observe, to use their expertise as a starting point to encourage dialogue between all levels of decision-making, to establish processes and transparency in decision-making, to articulate their own values and visions clearly but not impose them. Leadership is about setting and not just reacting to agendas, identifying problems, and initiating change that makes for substantial improvement rather than managing change……….
Entrepreneurship • Entrepreneurship is the act of being an entrepreneur, which is a French word meaning "one who undertakes an endeavor". Entrepreneurs assemble resources including innovations, finance and business acumen in an effort to transform innovations into economic goods. This may result in new organizations or may be part of revitalizing mature organizations in response to a perceived opportunity or necessity. The most obvious form of entrepreneurship is that of starting new businesses; however, in recent years, the term has been extended to include social and political forms of entrepreneurial activity. When entrepreneurship is describing activities within a firm or large organization it is referred to as intra-preneurship and may include corporate venturing, when large entities start spin-off organizations.[1] • Entrepreneurship is often a difficult undertaking, as a vast majority of new businesses fail. Nevertheless such undertaking supposes the development of more than just a business venture. Entrepreneurial activities are substantially different depending on the type of organization that is being started. Entrepreneurship ranges in scale from solo projects (even involving the entrepreneur only part-time) to major undertakings creating many job opportunities. Many "high value" entrepreneurial ventures seek venture capital or angel funding in order to raise capital to build the business. Angel investors generally seek returns of 20-30% and more extensive involvement in the business.[2] Many kinds of organizations now exist to support would-be entrepreneurs, including specialized government agencies, business incubators, science parks, and some NGOs. Lately more holistic conceptualizations of entrepreneurship as a specific mindset (see also entrepreneurial mindset) resulting in entrepreneurial initiatives e.g. in the form of social entrepreneurship, political entrepreneurship, or knowledge entrepreneurship emerged.
Diversity
SO WHAT’S THE PROBLEM ? LET’S GET OUT THERE AND DO IT !
IF ONLY IT WAS THAT SIMPLE….
THE WORLD IS NOT JUST CHANGING…
…THERE IS A NEW WORLD ORDER!
The World …
The next generation…
Baby boomers Generation X Generation Y
The new innovation drivers Innovated from Tier-1 Innovated by Customers Corporations Small Start Ups
The new innovation approach Top Down Bottom Up
Everything we know about yesterday will no longer be relevant tomorrow
A different way to use our balance sheet
New Competitive Powerhouses
Some General Facts • The G8 became the G20 • China increased its notes to US by 20% in 2009 – it is 25% owner of the US • Of the top 5 companies in the world – 3 are from China • The largest company in the world – is Chinese • Of the top 10 IT companies globally – 5 are from India • And on to India …..
COMPANIES BUY OTHER COMPANIES EVERY DAY !
WHAT IF COUNTRIES COULD BUY COUNTRIES…
DO WE COMPETE – IF SO HOW ? OR DO WE COOPERATE – IF SO HOW ?
Some Parallels Western World Eastern World Quality of Life Make a difference Culture 32 hours 24 by 7 Work / Balance I don’t care I need to prove Social Pressure Goal Means Education More $$$ Recognition Appreciation Evolution Revolution Spirit Threat Opportunity Technology Necessary Evil Career Work Me, Myself and I Family Values
IN A CHANGING WORLD WE NEED TO RE-DEFINE LEADERSHIP, DIVERSITY AND ENTREPRENEURSHIP !
LEADERSHIP
LEADERSHIP
A NEW GENERATION LEADER WILL BE A PERSON WHOM PEOPLE WANT TO FOLLOW AND DON’T HAVE TO FOLLOW THIS PERSON WILL NOT MAKE THE NUMBERS DANCE – BUT RATHER THE PEOPLE !
Diversity is beyond… Race !
Ethnicity
Gender
Sexual orientation
Socio-economic position
Status
Religious beliefs
DIVERSITY IS ABOUT DIFFERENT OPINIONS, AND EXPERIENCES AND NOT DIFFERENT COLOURS !
MASSIVE ACTIONS DRIVE MASSIVE RESULTS!
“You must be the change you want to see in the world.”
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