Entrepreneurial Leadership

1321 WordsAug 12, 20126 Pages
Assignment #1 ~ Entrepreneurial Leadership Analyze and describe the founding leader(s), leadership style, and major business principles of a profit-oriented entrepreneurial approach in which the primary goal is to provide a product or service to consumers and to make a profit In a time where greed and self-absorption is rampant, a very simple idea has made Southwest Airlines the largest and most profitable domestic airline today. That simple idea is do the right thing and do things right (Yeh, 2006). Southwest Airlines, also known as the little airline that could, started from very humble beginnings; the idea for the…show more content…
The delegating leadership style works for Mycoskie as he personally leads teams of 10 to 15 people on “shoe drops” in different parts of the world (Schweitzer, 2010). While both Kelleher and Mycoskie have very different approaches they both meet a few basic principles of business. Cash generation, both companies continue to show profits. Growth, Southwest has expanded its service area at a gradual but steady pace and TOMS continues to increase the number of shoes sold – and donated – annually. Lastly, customers, both companies have seen tremendous growth in their customer base. After all, without the customer neither company would still be in business. Determine the approach and leadership style with which you most identify and explain your reasons for your choice. I think I identify most with Kelleher’s management style. I believe, as does he, that people are individuals and should always be treated with respect and dignity. I also believe in accountability and providing individuals the opportunity to make their own choices and gain personal growth and development in the process. I agree with Kelleher’s style in that the employee comes first ahead of the customers and shareholders. If you treat your employees well, they will in turn treat your customers well. It is always beneficial for your employees to feel as if they are truly a part of the organization and not just someone who is there to punch a time card. If employees
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