Leadership Style Of Bill Gates

There is a great importance put on business leadership, this is directly due to how a business not only functions but in how fruitful the company can become. A great leader essentially can take a business plan that is weak yet turn it into a success, whereas a poor leader stands a higher chance of ruining the best of business plans. That is why it is essential to develop effective leadership throughout a companies entire management program at all levels. How does one develop or retain strong leadership? Companies must be focused on hiring strategies that encompass very specific parameters, building from within whilst creating a strong foundation for employee development and succession planning. Leadership is essential in any organization. The style and theory embraced determines whether the company will or will not achieve their goals. in all cases theory must be embraced, as a companies theory, style, and strategy is greatly dependent on the industry the company is in (Sadler, 2014). “The behavioral theory is one of the widely used theories of management. It suggests that leaders are made and not born. It gives room for training to install leadership traits in leaders at the expense of denying them a chance. There are various leadership styles embraced by companies (Cyert, & March, 2005).”  This paper takes a look at the management styles of two specific

There have been numerous theories surrounding leadership, which attempt to explain which form is most effective in the workplace. A universalistic approach was once used to rationalize leadership and it was believed that successful leaders possessed certain common abilities and traits. However, today due to external factors such as globalization and advanced technologies, there has been an evolution towards a new paradigm of leadership. Subordinates want to feel empowered and engaged at the workplace and often the behaviors and relationships between leaders and their subordinates become important to understand in order to fully understand effective leadership. Contingency theories have been developed in which people began to look at the behavior of leaders in specific situations. Two such contingency theories are: Path-Goal and Hershey and Blanchard’s Situational Theory.

Good leadership is a process of influencing ans encouraging people to work as a team with efficiency to achieve the organizational goals (Drouillard & Kleiner, 1996). Different leaders has different leadership styles, a good leadership style can be very efficiency for an organization which can develop and encourage employees. According to Darling and Leffel’s (2010) framework, this essay will discuss how Steve Ballmer as a Chief Executive Officer (CEO) of Microsoft, the leadership styles as both Creator and Connector made him such a successful leader of Microsoft. This essay will argue that Steve Ballmer has the leadership style as Creator and Connector, and he has the abilities to develop well, encourage people to towards the Microsoft to success.

In this assignment I aim to outline the advantages, disadvantages and overall effectiveness of the different styles of leadership.

Leaders have a “the ability to influence a group toward the achievement of a vision or set of goals” (Robbins & Judge, 2007, p. 402). In the past leaders have been described by certain traits or characteristics. These traits can help an organization identify potential candidates who may be strong leaders. Later behavior approaches of leaders were identified that could be taught. In short, leaders could be made. Situations have an impact on which leader behaviors will be most effect at any given time. Several contingency theories have been formulated over the years to identify how situations influence leadership behavior. Each style has strengths and

Bill Gates' approach to planning, implementing and managing strategic-level initiatives throughout Microsoft Corporation and the long-term effects of his leadership strategies on the culture of the company is the subject of this analysis. Using the model on effective strategic leadership found in the text (Hitt, Ireland, Hoskisson, 2013) each of its dimensions are also used for assessing Bill gate's leadership style and effectiveness. As the model shows that the factors of effectively managing the firm's resource portfolios, sustaining an effective organizational culture and emphasizing ethical practices form the foundation of effective strategic leadership, these three foundational elements form the basis of the analysis. Determining strategic direction and establishing balanced organizational controls are also essential for guiding organizations to above-average performance and profitability (Hitt, Ireland, Hoskisson, 2013). Based on this framework and the insights gained, an assessment is also made of Microsoft's ability to sustain an effective, productive organizational culture. Inclusive in this analysis is also an assessment of Bill Gates' strategic leadership style, with two suggestions of how Gates and his predecessors at Microsoft could create higher levels of strategic entrepreneurship throughout the company. This analysis concludes with the identification and discussion of two strategic

Collins (2005) defines Level 5 hierarchy leadership as the manager in whom honest individual modesty mixes with strong expert willpower. Mr. Gates displays this type of leadership much in his individual life than in his career events. Bill Gates represents a critical segment not only in his earnings but of his net worth to philanthropic causes but as well motivates similar leaders to follow his path. Gates’ duty as a trailblazer of leaders is a thing that uplifts his reputation about leadership globally.

Effective leadership is one of the most important key factors for success and longevity in every organisation. So it does not come as a surprise that the topic of leadership has continued to be a subject of interest in the modern world both from practitioners as well as academics and the extensive research for decades has not exhausted the topic (Bennis W., 2007).The purpose of this essay is to apply the three relevant leadership theories in relation to Steve Jobs, CEO of Apple Inc., one of the most admired leaders of recent times. The essay firstly introduces the concept of Charismatic leadership, transformational leadership and transactional leadership and then briefly reviews Jobs and his leadership styles in relative to the theories.

Change is a basic part of life. Leaders, whether it be the CEO of the company or you, must anticipate forces that will cause changes, identify opportunities that will require changes, react to unforeseen events that make changes imperative, and work with others to overcome the predictable reactions to change, which almost always include some amount of resistance, often to a significant degree.

Leadership can be defined as the ability to lead a group of people successfully in an organization. Hall, et al (2008) have mentioned that an effective leader has to be visionary, motivating and responsible in order to successfully run a business organization. In business the two key leadership styles, which are widely used in today’s corporate world are autocratic leadership and democratic leadership (Johnson, n.d.). Autocratic leadership may be explained as “a leadership style where the manager sets objectives, allocates tasks and insists on obedience” (Hall, et al 2008 p.g 401). Conversely, democratic leadership encourages “participation in decision making” (Hall, et al 2008 p.g 402). Whilst many people would consider autocratic

Bill Gates is one of the most visionary leaders of our time. He created in his mind the idea of the greatness of computerized systems and that vision even though far at that time transformed in our present. He foresaw that computers will be an essential part not only in future business but in the lives of Americans. His efforts and strategic planning delivered him the opportunities to develop different operating systems including Windows. Windows Software has been an essential key in his financial success because this software took the market by storm providing customers the opportunity to multitask and leave behind the systems that were operated only on a command based entry. His revenues after the expansion of his company has made him been ranked by Forbes as the richest man on earth for the last thirteen years. During the years he served as chairman of Microsoft he established new ways to deal efficiently with human resources issues; like for the hiring process he stated in the past that he prefers intelligence over experience in an employee because they are easier to train and to adapt to the world of Microsoft.

It 's important for me to dedicate myself to find the right career for myself, and to make sure I make smart and rewarding decision. I want to be a business person and I want to be a successful entrepreneur. I believe that I can effect positive change in my country, and in the world through business, since, Business help countries to grow.To be a successful business person I have to follow a business person who is a great leader.

The Contingency Theory applied to factors unique to each situation to determine whether specific leader characteristics and behaviors will be effective. Researched findings credit Fiedler 's contingency theory as the first to specify how situational factors interact with leader traits and behavior to influence leadership effectiveness. This theory suggests high interest in the situation determines the effectiveness of task- and person-oriented leader behavior.

When we analyze the success of large corporations like Ford, General Electric and International Business Machines, it is evident that they had series of leaders who were visionary and believed in empowerment of people. When we analyze tough phases of a company or companies that had a fall and ultimate demise, we clearly see a linkage between failure of company and absence of effective leadership (Canwell, Dongrie, Neveras, & Stockton, 2014). The successful organization had leaders who made right decisions at right time and implemented them strategically. The implementation part needs excellent human resources and the ability to lead to them to get the task done. While different situations may need different style of leadership, the sophisticated manpower fueled by technological advancements and globalization have made some leadership styles less effective and some leadership styles to be highly effective (Feser, Mayol, & Srinivasan, 2014). This paper will discuss a tough situation faced in one of my former organization. The organization needed a different leadership style to tide over the falling sales and attrition. Three different leadership styles, their pros and cons, and the likely success in solving the problem will be discussed in this paper.

According to this concept the asset is recorded in the books of accounts at the price paid for it and not at its market value. For example: if a business entity purchases a building valued at $15 million from a friend for $12 million, this asset would be recorded at $12 million and not at $ 15 million, because for the business entity the cost was $12 million and not $15 million.