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

UK's Fastest Growing Companies - Dissertation Example Leadership is an important element of businesses in our modern era. Leadership in entrepreneurship involves the building of teams with complementary talents that can enable a business to attain its objectives (Timmons and Spinelli, 2006).   Ã‚  Ã‚   In essence, financial leadership is entrepreneurship in its own right. This is because entrepreneurship is about the combination of factors of production for the best results for the owners of a business   Ã‚  Ã‚   This suggests that a strong leadership is an indispensable tool for businesses. This is because the kind 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.   Ã‚  Ã‚   Timmons and Spinelli (2006) identify five main attributes of a leader in a business venture which include self-concept, intellectual honesty, pacemaking, 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 integrity that a person in a leadership position has and encourages his/her followers to build and observe. Pacemaking refers to the ability to inspire and drive the attainment of set standards and visions.