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Different types of leadership styles essay
Different types of leadership styles essay
Different types of leadership styles essay
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It is the year 2014, and Richard Branson is one of the richest men in the world. For the past 20 years, Mr. Branson has worked to become a world renowned businessman who defies the odds of all traditional business, and attributes all of his success, to his effective leadership, which begs the inherent question, what has Sir Branson done to be an effective leader?
Background information
Sir Richard Branson was Born July 18, 1950 in Surry, England. At a young age what was most significant in Branson’s childhood was his struggle with dyslexia and hard time in educational institutions. He was born to a humble hard working middle class family that put him in It was Branson’s educational struggles that allowed him to persevere in athletics. He was captain of his school football team by the time he reached high school and was very social. He soon found that his academic struggles were due to dyslexia. Although sports became the highlight of Branson’s high school career, he dropped out by the age of 16 due to his struggles in academia. It was his leadership on the football team that served as a landscape for the beginning of his career. After leaving school, Branson started up his first business, which was called Student Magazine. The publication was run by students and sold to students. At the time, it sold 8,000 worth of advertising. In 1969, Mr. Branson was heavily inspired by the British pop scene and started in mail order record company called, “Virgin” to help him fund Student Magazine. The Virgin mail order business performed modestly and Richard expanded the movie from there.
Leadership skills
The significance of Richard Branson’s leadership is illustrated in the success of his company. Branson’s leadership sets the to...
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...g in the middle, just because business relationships are important to me, and negotiate from there.
Negative and Positive effects of leadership style
There are negative effects to being an authoritative leader, which is that they lack the ability to help team members understand how they get to a goal or vision
Democratic can be lots of listening with very little action.
Comparison to other leaders
(ABIR)
Richard Branson prides Virgin on the positive environment he sets for employees. Delegation, listening and the value of employees are key to being a good leader. These three assets to being a great leader have proven to assist Richard Branson in success. Mr. Branson approaches negotiation the same way he approaches her personal life, adventurous and boisterous. His negotiation approach is untraditional and unconventional in business. Perhaps Branson may be
The role of a leader is often inaccurately defined as an individual who is in a position to give orders. However, there are enormous differences in the attributes of an outstanding leader, and one of mediocrity. An outstanding leader, above all else, is a role model for their peers. In doing so, a leader of the highest caliber is trustworthy in both their peer’s trust for the leader as well as the leader’s trust of their peers. A leader must also display exceptional skill in communication which transcends speaking and, more importantly, includes listening and consideration to the ideas presented to them. Furthermore, a leader must be supportive of and willing to help their peers build their own strengths. The attributes listed above represent only a small subset of what makes an outstanding leader. Yet,
CEO Johnston also has plans to bolster the company’s leadership with the best minds available and also use motivational techniques to invigorate his employees. These ideas show the character of the CEO in enhancing productivity from his work force.
Lewicki, R. J., Saunders, D. M., & Barry, B. (2006). Negotiation Readings, Exercises, and Cases Fifth Ed. Bill Brubaker, Mark Asher, A Power Play for Howard Negotiation (pp. 616-626). New York, NY: Mcgraw-Hill Irwin.
Leadership at times can be a complex topic to delve into and may appear to be a simple and graspable concept for a certain few. Leadership skills are not simply acquired through position, seniority, pay scale, or the amount of titles an individual holds but is a characteristic acquired or is an innate trait for the fortunate few who possess it. Leadership can be misconstrued with management; a manager “manages” the daily operations of a company’s work while a leader envisions, influences, and empowers the individuals around them.
As a whole, Warren Bennis defined the values and achievement plan for becoming the most successful leader one can be. He highlighted the link between self knowledge and business. A leader is not just “doing a job” or “running a company,” but it’s finding one’s personal vision. Bennis tries to do as much as he possibly he can to shatter this myth. Today, more people are starting to learn what leadership exactly means and what is expected of a leader. It might be evident that in the future competition will be harder
The extreme leadership style of the Authoritarian can have a negative effect on team members. A characteristic of this leader is one who makes all the decisions and passes the directives to subordinates who are expected to carry these out under very close supervision. Because open communication is vital to any project, these perceptions can hurt team performance.
However, his leadership styles can have a negative impact on the employees such as uncertain if they are doing the right thing, sometimes employees can be too confident in themselves that they do the job inappropriately and sometimes when the leader trusts them a lot they do not feel pressured to perform their task. They might take too much time for one task as stated in Owen (2006).
Leadership is not a position but an action that is undertaken by an individual. Leadership is not just about giving orders, yet it is the action of serving others. According to Robert Townsend, “A leader is not an administrator who loves to run others, but someone who carries water for his people so that they can get on with their jobs” (2013). A good leader will support his or hers employees because a leader is not judged on their own actions, but they are judge on the success of those that they support. In the modern era, we look at business leaders in the same way that historians view military commanders or kings of the past.
For everyone in the business world, Mark Zuckerberg is a well-known name to them. He is an undeniably young, successful businessman. However, Zuckerberg is also a very successful leader in his own company as well as in the world. His impact from creating Facebook is more than just impressive. Zuckerberg created the social media website where people get connected virtually and led the company to incredible success. Zuckerberg’s leadership style can be seen with inspirational motivation, intellectual stimulation, and idealized influence. With all the aforementioned components, Mark Zuckerberg is a great example of transformational leadership.
Warren Buffett, the CEO of Berkshire Hathaway, which owns many different companies, is one of the most successful business leaders of our time. According to Howard (2014), he is the second richest American, coming in at a net worth of over $70 billion. Besides his personal net worth, Berkshire Hathaway is the fifth-most valuable public company in the United States at $350 billion (Howard, 2014). While he is clearly a very wise investor, Warren Buffett is also a successful leader. As stated by Spindler (2010), leadership is a crucial part of any successful business, and good leadership is what Mr. Buffett portrays. The analysis given in this paper will show Warren Buffett’s values and leadership qualities, his leadership style, as well as looking into his influence he has on his followers.
Many Scholars characterize the core qualities and skills necessary for an effective leader. Useem defines leadership as “Creating a vision and translating that vision into actions”. Historically, an effective leader was assumed to be exceptionally knowledgeable, authoritative, and dominate. Those leaders applied the command and control method to lead an organization. With the passage of time, this definition has been changed. The modern definition of an effective leader is honest, courageous, trustworthy, inspirational, and result-oriented. Today’s leaders create shared values and vision, and empower others to achieve their targets.
Leaders is an effective tool for summarizing and inspiring leadership, not in that it teaches tough strategies and manipulations, but that when looking at an overview of its content, Bennis and Nanus are essentially teaching human relations and human decency. All in all, this book highlights strategies for us all to be better in our lives and our everyday interactions.
Jonas Ridderstrale is based at the Centre for Advanced Studies in Leadership at the Stockholm School of Economics. He also works as an advisor, lecturer and consultant to a number of international companies.
A leader sets the tone for those they supervise. Having a weak or ineffective leadership style turns what could be a productive organization into one that lacks direction, is chaotic, and fails to live up to its potential. Incompetent central leadership can also cause a power struggle amongst the other remaining team members. Groups seek leadership; when leaders fail to use their powers others will maneuver to use the power left in the void. This can lead to a power-struggle and backstabbing (Morgan, 2007).
In business, intelligent negotiation brings or gives more opportunities and advantages to the business. If a business much succeed it has to improve its negotiation power and influence.