Leadership of Richard Branson Essay

1884 WordsNov 6, 20148 Pages
Leadership of Richard Branson Dr. Paul FrankenhauserMGT 500 Modern Management 9/7/2014 Richard Branson, the founder of Virgin Group has been a household name in the United Kingdom for over twenty years. He is well respected in the business world. He is the founder of the Virgin Group, which is known for many different things such as cell phones, record labels, airlines and many more. “Branson is also known for his unique character and leadership styles, one who is not afraid to take risks, and believes that people are the foundation to his company's success. If I were to first characterize his leadership style I would say he is definitely a democratic leader. He truly feels that getting other peoples input and listening to what…show more content…
They show customers and employees what our business stands for, and often inspire our teams at other businesses to try new challenges. Another way Branson keeps employees engaged is by inviting them to take part in company events, like the Virgin Mobile Live Free fest, a free music festival held every year to raise money (through donations) for homeless young people. Along with giving employees a chance to give something back to the community, the festival allows an opportunity to say thank you to customers and staff by providing them with the chance to enjoy themselves for free. The sense of fun unites the businesses reminds employees of what the company stands for. In some ways it’s easier for a large organization like Virgin to embark on such projects, but with a little inventiveness and resourceful thinking, other business owners might come up with shot-in-the-arm schemes of their own (Entrepreneur, 2012). Maintaining a focused and motivated staff can be a difficult task for employers to master, especially during harsh economic times and with stretched resources. Branson recently held a series of talks for employees, where they were encouraged to engage and debate different subjects. The exercises were held on a tropical island in the Caribbean. Every company does not have the luxury of taking their employees off to a tropical island, that
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