Leadership

Submitted by: Submitted by

Views: 270

Words: 1483

Pages: 6

Category: Business and Industry

Date Submitted: 06/05/2012 06:27 PM

Report This Essay

1.0 Introduction

In order to develop a focused individual Learning Contract, it seems to be the toughest assignments that I have to undertake because it helps me to focus on building my leadership capability and capacity. After a shortlist consideration, I have chosen to focus on “How can I create and sustain entrepreneurial and innovative teams within my organisation?” whereas such questions required an in-depth critical analysis of existing capability in order to achieve what I have selected. Before I made-up my minds on this focus, I used to question myself why I want to focus on this? The reason is quite simple because we are in this multifaceted environment and it is obvious that we need to work as a team either in permanent or temporary styles for any tasks within an organisation. Therefore, we need pioneer and innovative enlightenments to make sure the problems work-out with entrepreneurial knowledge so that those innovative solutions bring satisfied benefits for organisation.

2.0 The Differences in Entrepreneurship and Innovation

According to Dictionary (2012) explicated that innovation is the preface of something new (i.e. new idea, method, or device) which focuses on the process and utilizing tools to create new “out of the box” ideas; whereas entrepreneurs are anyone who organizes and operates a business(s) by taking on financial risk to do so. Delia Smith of Greenfield Ventures assumed that if innovation is the creation of new capacities for wealth creation, entrepreneurship id the exploitation of these capacities (Delia 2009). In other words, it means that to work in the existing corporate with corporate framework being innovate inside and add the values for company (Gedeon 2007); which will be used as the guidance to explore the focus selected for my Learning Contract.

3.0 Problem’ Portrayal

4.1 Where am I now?

To date, I am still remembering that during the second session, were given a piece of paper and instructed to wrote down...