Yes, they are. "Real" entrepreneurs have leadership capabilities that are as strong as their entrepreneur capabilities.

Recently Udo Dierk has conducted a couple of face-to-face interviews with German entrepreneurs who have either started, taken over or continued a business, we call them "real" entrepreneurs, whereas those acting entrepreneurial within a corporate setting are called "corporate" entrepreneurs. In the last two years Phil and Udo have conducted about some 100 interviews with corporate executives in several companies on both sides of the Atlantic to validate the MEL-Index and the underlying concept. The question behind the new series of interviews with "real" entrepreneurs is : are those "real" entrepreneurs different from "corporate" entrepreneurs anf if so, how are they different in regards to the three archetypes "Managers", "Leaders" and "Entrepreneurs". The result in short - yes they are different. Please have a look to our recent paper "The Differences between "real" Entrepreneurs and Corporate Executives" that demonstrates our findings and will be presented by Phil Dover at the  9th European conference on Innovation and Entrtepreneurship in Belfast on September 18th 2014.

Phil will continue these type of interviews with US-based "real" entrepreneurs to find out if the findings with German entrepreneurs can be confirmed in the US and to see if there are differences between US- and German-based "real" entreprneurs.

Posted
AuthorUdo Dierk

Is your boss leading the company astray ? Monitoring executive competencies is a "must". Please have a look to the "Idea Watch" about concepts, findings and results and some company cases.

Posted
AuthorUdo Dierk

Recently McKinsey has published an article about "Building the Healthy Corporation", in which they talk about how to achieve both performance and health over a longer period of time. The article suggests that companies need to focus on five things to achieve the balance of performance and health : Strategy, Metrics, Communication, Leadership and Governance.

This article is fully in line with our MEL concept, but we would like to add one more topic that companies should focus on : Executive capabilities. To balance performance and health or, in our terms, short term profit and long term growth, it needs different types of executives : Managers for performance and leaders as well as entrepreneurs for health.

Please have a look to the article from McKinsey : "Building the Healthy Corporation"

 

 

Posted
AuthorUdo Dierk