Why all organisations should develop their entrepreneurial or change leaders
Updated: Jul 31, 2019
When people think of entrepreneurialism many people think of the famous entrepreneurs of our time. People like Steve Jobs, Elon Musk and Arianna Huffington - people who have launched new innovative businesses that have made, or are in the process of making, an impact into everyday lives.
But meaningful entrepreneurialism is much more than this, and many people with an entrepreneurial or #growthmindset may never launch the next Deliveroo. Instead you will see them working in all kinds of organisations, at all levels - adding significant value and influence in whatever position they happen to be in.
Entrepreneurial leaders are actually all around us. But you can recognise them by three main traits, that leadership experts will recognise well.
They are motivated by #change and improvement, and therefore take proactive steps to make life better for themselves, colleagues or customers, removing friction, needless admin and lowering costs. They may be the first to come up with a new system to better track data or workflows, for example, and do this on their own volition.
They are often able - from identifying and analysing internal or customer problems and wanting to create solutions - be able to visualise something that doesn’t actually exist at the moment, and feel driven to create it. They love to solve problems.
And lastly - by a mixture of enthusiasm and the ability to communicate a vision, they are able to encourage and influence others to help them to build or test that vision, whether through sweat or investment. Afterall entrepreneurial leaders may light a spark - but they can’t keep it alight without supporters and sponsors.
When described this way, you will probably recognise many potential or developing #entrepreneurialleaders in the place where you work.
Kandu is launching a series next week to identify and celebrate more of these entrepreneurial leaders. We aim to interview people every week who have driven change or helped grow #newventures or #innovations - whether in the biggest corporate or smallest startup.
Entrepreneurial leadership is increasingly important in organisations big and small. Small businesses often do not survive long without strong entrepreneurial leaders - individuals or teams who are able to quickly analyse new information, self reflect and auto-correct themselves and their businesses accordingly.
Bigger organisations also recognise the value of creating a more innovative #culture, encouraging small changes to encourage people to do things differently to improve the lives of their coworkers or customers.
Or, they may want to identify individuals or teams who can lead bigger innovation projects, or create or support #innovationhubs that may help drive change and #transformation. Most businesses already explore this space, to stay aware of the never ending emergence of disruptive technologies and innovations.
Kandu believes that all of these leaders - whatever their backgrounds - have much to share and teach each other, and connecting these people sparks new conversations and perspectives. So our new entrepreneurial leadership blog series will celebrate success, dig into what it practically means or looks like to be ‘entrepreneurial’ and to help others to identify new inspiration and/or #rolemodels in new or surprising places or organisations.
Kandu is not a leadership consultancy. We're instead more interested in creating tangible, trackable outcomes by translating or supplementing existing leadership strategies or learning and development programmes into our white label software. We like it when we can help people show they can, and do.
Our top team - who include a product strategist, entrepreneur in residence at a major business school and chartered occupational psychologist - is well versed in the many small steps and reflections that individuals can take to explore being more entrepreneurial, or to develop their teams to support more #creativity, innovation and growth.
Through our expertise and evaluation software, we guide and measure the development of entrepreneurial or change leaders. We guide them with suggested objectives and supporting actions or nudges to encourage entrepreneurial exploration or reflection.
We also recognise that innovation or change is rarely progressed in isolation. So our software also facilitates individuals to building supportive virtual ‘#businessboards’ around them, to help mentor them, offer new perspectives, spark conversations and support self reflection. Kandu believes that entrepreneurial or change leadership is hard, so human support is crucial.
So do you know of a fabulous entrepreneurial leader in your organisation, who has achieved a tangible difference to customers and/or colleagues? Then let us know at firstname.lastname@example.org.
Our series kicks off next week with an interview with Karen Thomas Bland, a global board level management consultant, #advisor, #nonexecutivedirector and interim executive with over 22 years’ experience in creating break-through strategies, transforming and growing organisations.
Find out more about Kandu! Visit www.wekandu.io or email us at email@example.com for a demo. We can help your organisation to collect objective data to track the progress and return on investment of your leadership or change development programmes, track the impact of supporters (such as managers, mentors and peers) on leadership development, and reduce programme admin time as we provide automated guidance and access to support.