1. If you consider the critical incident, does this demonstrate leadership,or merely entrepreneurship? How does leadership differ from entrepreneurship?
While considering the
critical incident of Kali’s it demonstrate the entrepreneurial leadership
skills which is done in Lesotho. Kali is a creative as well as he has ability
to generate ideas and do the things differently. He merely had shown the
business prospects in the critical incident.In this critical incident, it shows
the marketing strategy as well as he has a great sense of influencing people to
do his work for free. He has build a mart and is able to distribute goods to
all the people in the small areas. He considered small communities people and
targeted to the area where he can get good market. He supplied the goods to the
villages and he was famous for his work. He was asked by others as well to
supply the goods to the market. He used three fold solution to get to the
market.
- Use of old wheels from broken trolley, tricycles and lawnmowers and pieces of wood and wwire.
- Selling of good at villages through the young energetic people and he made commitment and demonstrate the use of trolley and using the pieces Kali supplies and get the customer base
- The people interested to sell the goods can load the goods at the trolley and get agreed shares in return.
This
strategy of doing business shows to be an entrepreneur. He then made a storage
house in various location for free and they will get some shares after the
goods are sold. He not only benefiting himself but also the people who are
interested to do the business are also benefited by him. He then implemented
the banking system and transaction of money are done through the banks and he
was supported by his siblings people and the suppliers of the Lesotho which has
made it possible to establish the mini market in Maseru. He got links as well
as he is good is making relationship with the people. Now he is supplying goods
in bulk and he is able to supply at reasonable price which shows his
entrepreneurial skills done through leadership skills.
Leadership
he process of social influence in which one
person can enlist the aid and support of others in the accomplishment of a
common task, where as “effective leadership” includes the ability to
successfully integrate and maximize available resources within the internal and
external environment for the attainment of organizational or societal goals.
Entrepreneurship
Entrepreneurship is the act of being an
entrepreneur, which can be defined as “one who undertakes 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.
Leadership
implies taking action that positively enhances the arts, which entrepreneurship
involves the creation of an enterprise or venture.
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