Module 1
This refers to a way of thinking that empowers individuals to produce new ideas, solve problems, generate creative solutions, and act to pursue opportunities
What is the entrepreneurial mindset?
This refers to entrepreneurs urgent and unorthodox actions intended to address challenges and opportunities under conditions of uncertainty.
What is entrepreneurial hustle?
This refers to a shift in business strategy to test a new approach regarding a venture's product, market, resources, business model, or strategy.
What is a pivot?
This refers to the shared values, beliefs, and practices that exist through interactions between members of the same group or organization.
What is culture?
This refers to the process whereby an entrepreneur exercises excessive control, coercion, or manipulation to force a group of individuals to accomplish the entrepreneurial leader’s own goals without regard to the impact on external stakeholders or the venture
What is destructive entrepreneurial leadership?
Daniel tells his followers what his strengths and weaknesses are.
What is an example of authentic leadership?
This refers to the process of explaining and describing a mental model of an ideal future state.
This type of leadership focuses on how leaders encourage people to adapt--to face and deal with problems, challenges, and changes.
What is adaptive leadership?
This refers to an actor's attempt to bring a disrupted or weakened system at any stage of crisis back into alignment to achieve normal functioning.
What is crisis management?
This involves creating a culture based on support and appreciation.
What is establishing a constructive organizational climate?
The degree to which product features fulfill the demand of a particular market.
What is product-market fit?
This refers to a theory of leadership that emphasizes the interactions between leaders and followers and focuses on the dyadic relationship between them.
This leadership theory involves behaviors such as idealized influence, intellectual stimulation, inspirational motivation, and individualized consideration.
What is transformational leadership theory?
This refers to the alignment between an employee's values and the values held by most others in the organization.
What is person-organization (P-O) fit?
This involves promoting a climate of trust within a group.
What is building cohesiveness?
This refers to the gap between selling to early adopters (about 15% of market size) and the early majority.
What is "the chasm"?
Five components of this include self-awareness, motivation, empathy, social skill, and self-regulation.
What is emotional intelligence?
Reaching out to your professional network to maintain existing relationships.
What is an example of strategic networking?
The goal of this process is to make venture employees similar with respect to values.
What is the Attraction-Selection-Attrition (ASA) Model?
This has three components: (1) it threatens the high-priority values of the organization, (2) it presents a restricted amount of time in which a response can be made, and (3) it is unexpected or unanticipated by the organization.
What is a crisis?
This refers to the stage of venture development when entrepreneurial leaders encourage their team to scale, increase resource investments, and seek efficiencies.
What is the growth stage?
This theory of motivation suggests people have fundamental needs for autonomy, relatedness, and competence.
What is self-determination theory?
A complex work process
What is an example of a task-related obstacle?
This refers to the combination of listening and empathy to understand and interpret the thoughts and emotional state of others, and the meaning and implication of these thoughts and emotions.
What is active empathetic listening?
This process involves (1) requiring results, (2) reviewing results, and (3) rewarding results.
What is promoting standards of excellence?