The Efficacy of Leadership on Success of a Startup
- 10.2991/aebmr.k.220405.050How to use a DOI?
- Culture; Efficacy; Self-leadership; Startup; Transactional Leadership; Transformational leadership; Entrepreneurial Leadership
The purpose of the research is to analyze how self-leadership, transformational leadership, and transactional leadership apply to startups, and how they make a startup successful. This research defines the three different types of leadership and discusses the influence of impact of founders and leadership on the startups. Self-leadership is different from the other two types of leadership in meaning and function since it exists in the personal attributes and personality of the leaders or founders. It is a strategy for leaders’ requirements and management of themselves. However, transformational leadership and transactional leadership are different ways that leaders treat or motivate followers. The difference between application of transformational leadership and transactional leadership is that the leaders with transformational leadership promote the innovation and passion of followers by agreeing with their goals and ideas, but the leaders with transactional leadership stimulate followers’ efficiency and work quality by rewarding who with high work efficiency and punishing who have not completed their work. This study indicates that these three different leadership strategies apply to certain startups.
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article distributed under the CC BY-NC 4.0 license.
Cite this article
TY - CONF AU - Alex Zhao AU - Yuanwu Ren PY - 2022 DA - 2022/04/29 TI - The Efficacy of Leadership on Success of a Startup BT - Proceedings of the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022) PB - Atlantis Press SP - 302 EP - 310 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220405.050 DO - 10.2991/aebmr.k.220405.050 ID - Zhao2022 ER -