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The New Generation Of Entrepreneurs


Management-Issues.com:

A generation of thrusting young entrepreneurs from emerging economies are snapping at the heels of today’s stuffy Western business leaders – who are in danger of getting left behind.

That’s the stark (for Western managers anyway) conclusion of research carried out by business consultancy McKinney Rogers, which is arguing that many new leaders are now embracing a more entrepreneurial approach to business.

Half the managers and business leaders in younger, emerging markets were ready to embrace entrepreneurship, even when working in large organisations, compared to just over a quarter in Europe and the UK.

And in Africa, almost nine out 10 managers in believed entrepreneurialism was something that could be developed and nurtured, against just over a third in the UK and the rest of Europe.

Many executives said the line between entrepreneurs and business leaders was blurring, heralding the emergence of a more entrepreneurial approach to business from the next generation of business leaders.

Executives saw both entrepreneurs and chief executives as being strong communicators, energetic, visionary, flexible, decisive, intuitive and not independent operators.

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