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Branson
Describe Branson's leadership style in terms of the leadership models addressed in Chapters 10 and 11 and evaluate the likely effectiveness of that style in the U.S. today.
Sir Branson's leadership style is the combination of authentic and transformational. He believes in hiring staff that have the skills to perform effectively. The authentic leadership style leads the way to his skill to work with the understanding that people make mistakes and they can be corrected while the work continues. As a transformational leader he demonstrates the capability needed to foresee company development, inspire and empower staff. With these attributes it requires him to have balance as a leader in the day-to-day working environment while creating a productive work environment and focusing on company goals.
According to Chapter 1, "Leadership is the process of developing ideas and a vision, living by values that support those ideas and that vision, influencing others to embrace them in their own behaviors and making hard decisions about human and other resources." (Hellriegel & Slocum, 2011, pg. 290).
Even though the company has taken losses from different endeavors the CEO continues to envision new ways to transform the business to newer heights. Because of his compassion for his workers, the concept to work harder and smarter helps the business to maintain its number...
One advice he prides himself on is "Executives and managers overseeing any restructuring or merger should find ways to inspire all employees to think like entrepreneurs. A person's own conscience is the hardest taskmaster of all, so the more responsibility you give people, the better they will perform. (Entrepreneur, 2012, Pg. 1)"
Transformational leaders are visionary, inspiring, daring, ethical and thoughtful thinkers. According to Branson, there are five secrets to business success: 1) Enjoy what you are doing, 2) Create something that stands out, 3) Create something that everyone who works for you is really proud of, 4) Be a good leader and 5) Be visible (Branson, 2012, Pg. 1). Leadership is the process of developing ideas and a vision, living by values that support those ideas and that vision, influencing others to embrace them in their own behavior and making hard decisions about humans and other resources (Hellriegel and Slocum, 2011, Pg. 25).
2. Recommend a different leadership style (or combination of styles) that would make Branson an even more effective leader.
The transactional leadership style would assist Branson in become a more powerful leader in the industry. With this style, management adapts the concept of reward and punishment. This does not have to be utilized to the extreme, in that punishment can create a low morale in the…
This leader is known as a risk taker and someone who is always looking for new projects as attempts to elevate his business to new levels. With the input and help of a strong management staff, Virgin Group is comprised of retail, air travel, financial, music, books and telecommunications. Branson is at the helm of a multi-million dollar global business, so his leadership style has proven to be quite successful with his decision-making and people skills.
He developed his entrepreneur ability at an early age. As a person who by society's standards was not successful academically and suffered with dyslexia, he never let others define him. Instead what some saw as a weakness it was used to his advantage, while pursuing his dream of being a top business leader. Overall, his inexperience and personal treatment from others helped with creating a strong commitment to treating people with respect. "Virgin Group is an organization driven on casualness and data, one that is bottom heavy rather than one that is made difficult by upper-level management. (Richard Branson/Herb Kelleher-Leader Extraordinaire, 2012, Pg. 1).
For a number of years Branson has been leading global teams by recognizing how valuable staff is to the success of a business. The additional skill needed is to be aware of the societal and organizational culture and global laws that affect business. In Chapter 11, "Societal culture is shared motives, values, beliefs, identities, and interpretations or meanings of significant events that result from common experiences of member of collectives and are transmitted across generations (Hellriegel & Slocum, 2011,
Richard Branson Describe Branson's leadership style terms leadership models addressed Chpts. 10 & 11 evaluate effectiveness style U.S. today. 2. Recommend a leadership style (combination styles) make Branson effective leader Richard Branson: Leadership style Richard Branson is the charismatic CEO of the Virgin Group Ltd. Branson is internationally famous for his iconoclastic approach to leading his organization. Branson can be characterized as a transformational leader, intent upon using his somewhat unsystematic personality to
Ursula Burns In February of 2010, Ursula Burns became the chief executive of Xerox Corporation. Burns has successfully led the Xerox Corporation through difficult financial straits, by divesting much of the outmoded commodity-based business strategies towards a broader service-oriented one. Repositioning the company has enabled Xerox to weather the economic storms, poised for a bright future. A large part of the reason for the positive outlook for Xerox is the leadership
Leadership Effectiveness Leadership Leadership Qualities Effective Leader Sir Richard Branson Branson Leadership Style in Terms of Leadership Models The for Framework Approach Structural Human Resource Political Symbolic Framework The Three-Stage Model of Effective Leadership Effectiveness of Branson's Leadership Style in U.S. today 7 Leadership Styles Making Branson a More Effective Leader Authoritarian Leader Development of a Global Team Applying Branson's Leadership Qualities at Work This paper is designed to analyze the importance of good leadership. How good and effective leaders are made and how effective leadership can
Introduction Leadership is one of the most important needs in any organization. Leaders provide guidance, support, vision, direction, decision-making, and accountability. They inspire workers and help to motivate them by fulfilling their needs and incentivizing them whenever possible (Gerhart & Fang, 2013). However, as there are all different styles of leadership that can be employed, it is important to understand the different options and approaches that may be utilized as well
Richard Branson's Leadership Style: Transformational Leadership Sir Richard Branson has proven to be a transformational leader in the airline industry. The edgy, unpredictable and youthful image of Virgin has garnered the company a kind of a 'cult following,' despite increasingly fickle consumer tastes. There have been a number of disasters, however, partially generated by Branson's shoot-from-the-hip style. Bucking conventional wisdom, Branson held onto underperforming Virgin stores and unsuccessfully tried to challenge
Question 1 Elon Musk is the CEO of Tesla and has been leading the company for the past decade. Musk has been credited with leading Tesla out of the niche electric vehicle (EV) market and into the mainstream global market, with plans to expand in China. Touted as the only wholly-American-made car, Tesla is admired by a great many fans who view the EV as the next revolution in auto engineering.