UK's Fastest Growing Companies Dissertation Example | Topics and Well Written Essays - 4000 words

UKs Fastest Growing Companies - Dissertation Example lead is an important element of businesses in our modern era. Leadership in entrepreneurship involves the building of teams with complementary talents that can change a business to attain its objectives (Timmons and Spinelli, 2006). In essence, financial lead is entrepreneurship in its own right. This is because entrepreneurship is about the conclave of factors of production for the best results for the owners of a business This suggests that a strong loss leadership is an indispensable tool for businesses. This is because the variant of leadership structure it has creates the framework for the pooling of resources for the attainment of a specific goal. In the era of privatization and the optimization of resources, leadership is central and essential in every business venture. Timmons and Spinelli (2006) identify five main attributes of a leader in a business venture which include self-concept, intellectual honesty, pacemakin g, courage, and communication. Self-concept is about a vision and a realistic approach to division of power for the attainment of results. Intellectual honesty suggests trustworthiness and high standards of single that a person in a leadership position has and encourages his/her followers to build and observe. Pacemaking refers to the ability to actuate and drive the attainment of set standards and visions.