Online from: 1989
Subject Area: International Business
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Article citation: , (2008) "Outstanding Paper Award", European Business Review, Vol. 20 Iss: 6, pp. -
John Darling, , Mika Gabrielsson and , Hannu Seristö
Helsinki School of Economics, Helsinki, Finland
Purpose – The contemporary business arena continues to hold great promise for dramatic innovational developments unheard of in previous eras. The purpose of this paper is to suggest ways to achieve organizational excellence through entrepreneurship in today’s dynamic environment of opportunities.
Design/methodology/approach – The authors’ research has focused on the foundation of successful entrepreneurial management leadership in the achievement of organizational excellence. Data were collected primarily from well-known entrepreneurs identified during the past ten years in various publications.
Findings – Research shows that the major reflections of operational excellence in organizational entrepreneurship revolve around the care of customers, constant innovation, committed people and managerial leadership.
Research limitations/implications – Many relatively creative ideas regarding entrepreneurial management and leadership have been put forward in this treatise, which clearly require further validation by future research.
Practical implications – Successful leadership has been found to be based upon four key strategies: attention through vision, meaning through communication, trust through positioning, and confidence through respect. Research further suggests that at the heart of successful leadership strategies rest a concern for people and the interpersonal values of joy, hope, charity and peace. These values provide a new paradigm of interactive cues and a foundational core for the successful fulfillment of those key strategies.
Originality/value – This research contributes by developing a model of keys to organizational excellence, and leadership strategies and values. Furthermore, this paper may benefit companies that are trying to reinvent themselves by fostering innovativeness within their organizations.
Keywords: Business excellence, Entrepreneurialism, Leadership
This article originally appeared in Volume 19 Number 1, 2007, pp. 4-22 of European Business Review, Editor: Göran Svensson
European Business Review
Roland Kok-Kheng Yeo,
King Fahd University of Petroleum and Minerals in Dhahran, Saudi Arabia