Essentials of Entrepreneurship and Leadership: Thinking or Acting?

Abstract

This paper focuces on the determinants of entrepreneurship and leadership. Specifically, it contemplates on whether these determinants are subjected to careful planning and preparation (thinking) or to the bold descion-making (acting). We argue that success in business can be greatly enhanced with an understanding of key characteristics and competencies solutions. We show that this can be one of the key elements needed to improve organizational strengths and growth. Moreover, we find that creativity can also become the feature that is dominant both for leadership and business. In addition, there are other factors that contribute to the successful leadership on the market.