Ambidextrous leadership was defined as the leaders’ ability to foster both explorative and exploitative behaviors in followers by increasing or reducing variance in their behavior and flexibly switching between those behaviors (Rosing et al., 2011).
The construct of ambidextrous leadership has also been linked to the combination of leadership styles (Jansen et al., 2009). Leaders who are transformational encourage "out of the box thinking", information sharing, and question assumptions. Transformational leaders promote exploration and innovative thinking. Transactional leaders focus on making incremental improvements and making the best use of the existing processes. The transactional leadership style promotes exploitative behaviors. An ambidextrous leader is able to switch back and forth between transformation/exploration and transaction/exploitation as needed, in other words, being able to switch between different leadership styles at the appropriate time, in order to foster innovation and then implement plans. Ambidextrous leadership consists of three elements (1) opening leader behaviors to foster exploration, (2) closing leader behaviors to foster exploitation, (3) and the temporal flexibility to switch between both as the situation requires (Rosing et al., 2011). Opening leadership behaviors include: allowing for multiple ways to accomplish a task, experimentation, and errors, whereas closing behaviors include; monitoring routines, sticking to plans, and minimizing errors.
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We're not all born with a financial legacy and we all know that it takes money to make money. The trick is to use other peoples money by convincing them that your idea is going to reap a profit. In business, knowledge is power and thus allows those with knowledge and motivation to perform at their peak. Understanding business science and how the legal system works is the great equalizer. My name is Shane Patrick Irvine, and I have a Juris Doctor degree from Southern California Institute of Law and studied business science at the University of San Francisco. I was a business and legal editor back in the days of newspapers. As such, I had to write everything in AP editing style which is designed to keep everything at a seventh-grade reading level. That, is what I bring to the table, being able to explain complex matters in as simple of terms as possible. I always hated having to have a dictionary next to me when I would listen to some instructors. I prefer as simple as possible. These courses provide students with the same information taught in a traditional business college or law school. I recommend taking notes and building course outlines. I also recommend using the information to develop a business plan. The business plan should include a short mission statement, the who, what, where, and why with a management strategy and financial plan.
The following textbooks are available online at Barnes and Noble and can be found, along with other publications, under my name, Shane Irvine:
The Executive Juris Doctor ISBN 979-8-891-45669-3
The Bootstrapped Entrepreneur ISBN 979-8-892-17209-7
The Sales Management Team Textbook ISBN 979-8-891-45086-8
The Perfect Business Plan ISBN 979-8-892-17201-1
Business Law for the Nascent Entrepreneur ISBN 979-8-892-17208-0
