Rahul Rajaj Essay

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ANALYSIS OF ENTREPRENEURIAL SKILLS OF RAHUL BAJAJ INDIVIDUAL ESSAY 2014 Jackson and Gretchen (1994) assert that entrepreneurship is concerned with assembly of resources by a firm by a person known as entrepreneur and the end result is production of goods and services. In this report, I have selected Rahul Bajaj who is Chairman of Bajaj Group which today is considered as among the top ten business groups in India. The objective of this report is to analyze triggers and blocks in the entrepreneurial journey of Rahul Bajaj through application of Burns (2011) framework: Rahul Bajaj is one of India's renowned industrialists and is internationally respected for his business expertise and entrepreneurial character. …show more content…

Entrepreneurs in the market usually follow consultative style of leadership but Rahul Bajaj do not believe in delegation of decision making authority. This is unique because it result in timely decisions and consistency is also ensured. He has good motivational skills and believe in team working and motivate employees also to give their best to the organization. Personal characteristics and traits The characteristics that are responsible for success of Rahul Bajaj in the market consist of his business acumen, his spirit to take risks and his tenacity to work hard despite failures. Sometimes it result in blocks also for him as he work on his own gut feeling but as he has good knowledge of market, he is able to overcome all the hurdles in his way. His business acumen can be seen from the fact that he started using collaboration of Kawasaki to produce two wheelers but when the market was deregulated in 1991, he invested into manufacturing of two wheelers itself. He invested in indigenous technologies so that the company is able to avoid dependency on any other company for future

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