The map of entrepreneurial management capabilities in Figure 3.5 includes 'leading and managing people', and effective leadership capability is needed in any business. There are many different approaches to defining leadership, and these have some parallels with the development of an understanding of entrepreneurship discussed in Chapter 2, for there has been considerable reliance on defining personality traits and what might be classified as 'the great man school of leadership'. However, more helpful approaches have started to emerge, including distributed leadership, where the cultural norm is that everyone in an organisation can demonstrate leadership, an approach that is of value in the flat, non-hierarchical entrepreneurial organisation. One such approach originates from the Sloan School of Management at Massachusetts Institute of Technology, where entrepreneurial leadership is taught. The model of leadership developed at Sloan includes five core leadership capabilities (Ancona, 2005):