1.5.6 Moving from entrepreneur to leader

Question 1

What are some personal issues when moving from entrepreneur to a leader?
4

Answer 1

• Delegating
• Maintaining effective comm
• Co-ordinating far ^people
• Keeping eye on big issues

Question 2

Why may delegation be a challenging change for the entrepreneur and what is the only way it will succeed?
2

Answer 2

• Entre find it hard to let go of authority

- If subordinate feels trusted to make decisions w/out interference from boss

Question 3

Why may maintaining effective communication become more difficult for the entrepreneur?
1

Answer 3

• Organisational structure = bigger, orders/instructions get distorted through layers of management

Question 4

How may co-ordinating staff become more difficult for the entrepreneur than at start-up?
2

Answer 4

• Workforce^ = boss struggle to develop personal relations

- Staff retention more difficult, harder maintenance of culture