The Art and Science of Entrepreneurial Leadership in Manufacturing Industries - A Case Study of Selected Manufacturing Units in Industrial Estate, Vijayawada

The main objective of the empirical research is to identify and study, the styles of leadership in the manufacturing industrial sector in Industrial Estate, Vijayawada. The data was collected through case study method. Out of the 82 manufacturing units in the industrial estate, 50 are selected based on the line of activity and the type of industry, using judgement convenient sampling methods. 50 workers are contacted to assess the working conditions. The success levels of leadership style in terms of profit making employment generation and labour welfare are estimated. The schedule canvassed to the respondents including entrepreneurial leaders and labour leaders and workers are classified analysed to bring out results. The study found that most of the units are owned and managed by a class of entrepreneurs who can be designated as entrepreneurial leaders. An Entrepreneur is one who organises and operates a business Entrepreneurship is characterised by willingness to take up risk in pursuit profit. The present day dynamic world requires a new entrepreneur with new abilities of innovative management and leadership qualities. This type leadership style is entrepreneurial leadership style. The systematic analysis of the production process is the science and the practical application of methods is the art both of which combine into art and science of entrepreneurial leadership. The styles adopted are examined elaborating on the theoretical basis and they are found out to be a combination of autocratic transformational leadership styles with entrepreneur leadership style showing its weight. Leadership by example is also found to be promoting production in some cases.S. Sridevi "The Art and Science of Entrepreneurial Leadership in Manufacturing Industries A Case Study of Selected Manufacturing Units in Industrial Estate, Vijayawada" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5 , August 2019, URL: https://www.ijtsrd.com/papers/ijtsrd28025.pdfPaper URL: https://www.ijtsrd.com/management/business-and-retail-research/28025/the-art-and-science-of-entrepreneurial-leadership-in-manufacturing-industries-%E2%80%93-a-case-study-of-selected-manufacturing-units-in-industrial-estate-vijayawada/s-sridevi