Should we curb entrepreneurs' optimism?

Purpose – This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting‐edge research and case studies. Design/methodology/approach – This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings – Entrepreneur is one of those words we bandy about all the time and most of us have been guilty of using it without too much consideration of what we actually mean by the term. Practical implications – The paper provides strategic insights and practical thinking that have influenced some of the world's leading organizations. Social implications – The need for risk‐taking optimists' determination to succeed to be tempered with caution is clear when managing a large corporation, as indicated by the recent downturn in the financial sector. Originality/value – The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to digest format.