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« Back to articles from category "Leadership"

The following article was published in our article directory on November 26, 2019.
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Digital Leadership and Entrepreneurship

Article Category: Leadership

Author Name: Theodore Henderson

John Quincy Adams said, "If your actions inspire others to dream more, learn more, do more and become more, you are a leader." Thus, leadership is inspiring others to dream more, learn more, do more and become more.

With the fast pacing change in technology, such as, automation, digital technology, nanotechnology, etc., leaders must deal with it or else, their leadership would fail. We cannot deny the fact that many giant industries failed because they were not able to change their leadership style relative to what is called as "technology trend". And to cope with the fast pacing world change, modern-day leaders are now into transformational leadership.

This article tells how transformational leadership is correlated with digital leadership. And how digital leadership relates to entrepreneurship.

What is digital leadership?
Digital leadership is not only incorporating the skills of digital technology but rather the importance of transformational, entrepreneurial, and innovative thinking leadership skills.
Digital leadership complements digital culture with digital competence to address
A digital leader can create a common vision, internal and external connections for business development, think outside of the box or new business possibilities, solves a problem for digital-based results.
And as an innovative leader, a digital leader, always look for the possibility of improving not just the business but the people as well. Conceptualizing new ideas and creating challenges in the workplace for further development. And lastly, as a transformational leader, a digital leader adapts changes in the situation and inspire the team to achieve the common goals.
So, the act of practicing what a digital leader is doing, that is Digital Leadership.

What is entrepreneurship?
By definition, entrepreneurship is the capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit. Read more: http://www.businessdictionary.com/definition/entrepreneurship.html

Therefore, entrepreneurship and digital leadership both play an important role in the success of a business.

For a digital leader to become effective, as discussed above, he should have the skills of an entrepreneur, which is the ability to relate with the people in the organization and at the same time with the customers. Both pointing towards organizing, managing, developing and inspiring people in the business to achieve a common goal- profit.
Why Leadership is connected to entrepreneurship?

This article enumerates some of the reasons why leadership is connected to entrepreneurship.
Leadership is making people think better, do better, to become better towards the success of the business and to add duplication of the leadership. In other words, better employee-employer relationship creates a positive culture in the business.
Another is trust. Delegating the tasks to the employee develops self-confidence with them to finish the job well and so with problem-solving because a good entrepreneur collaborates with his employees to solve problems.
And lastly, good communication, a good leader conveys the vision to his employees, delegation of tasks, the maintaining relationship inside and outside the business. A leader can never be a leader over time, and so with an entrepreneur. Thus, if an entrepreneur fails in his leadership, everything fails.

How to develop digital leadership for business and entrepreneur
success?
According to experts, leaders are made not born. So, to develop digital leadership for the success of the business and entrepreneur, this article enumerates some characteristics of a good digital leader.
A good digital leader has a Transformational point of view. Since the utmost goal of Digital leadership is the utilization of digital technology in the business. And this may often result in disruption due to continuous change in digital technology, therefore, adaptation to changes is a big factor for the success of the business.
A good digital leader faces challenges positively, inspired by challenges because he never gives up with challenges.
A good digital leader learns from his mistakes.
Innovation is essential in digital leadership. A digital leader thinks that everything is possible if there is a clear vision of the goal.
An Excellent Communicator. A good digital leader must have excellent communication skills to convey the idea clearly and have an efficient working relationship.

About the Author: Theodore Henderson is an author, coach, trainer, & speaker who is expert when it comes to Entrepreneur and Small Business strategies. To find out everything about him and his programs visit his website at TheodoreHenderson.com

Keywords: What is digital leadership, Characteristics of Digital Leadership, digital leadership skills, what makes a good digital leader, Benefits Of Digital Leadership For Your Business, digital leadership and entrepreneurship, digital thought leadership, digital transformation thought leadership, digital leader jobs, digital leadership and future of work,

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