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26 Pages

Introduction

It is worth a note of clarification to mention that while entrepreneurship is central to managing an organization's successful adaptation to change, entrepreneurship is not precisely congruent with the responsibilities of executive leadership. Entrepreneurship entails identifying a new concept or idea, e.g., a new service to be offered or a new way of providing an existing service, garnering resources and support, planning and advocating, and overseeing implementation of a venture-in short, doing whatever is necessary to move a project from concept to reality. Executive leadership, in contrast, entails a much more general set of responsibilities, for organizational change, as well as for organizational maintenance and stability.