
62 ◾ The Guide to Entrepreneurship: How to Create Wealth for Your Company
fast-paced technical and economic change, since we are all pre-programmed
to resist change. This is illustrated in Figure4.5.
◾ Transformational leadership introduces widespread change to an
organization.
◾ Invitational leadership strives to build relationships and a general sense
of belonging.
◾ Transactional leadership focuses on management, efciency, rules, and
regulations.
Under an autocratic style, the leader makes all decisions without staff
consultation or input, whereas the democratic leader encourages consen-
sus and majority rule. The paternalistic style fost ...