There are people who are born with a knack to lead. Their personal and life experiences has helped them to find their passion and motivation to become today’s entrepreneurs. These people end up leaving behind a great legacy. Michael Bloomberg is an example of a great entrepreneur and philanthropist. He came from a family of immigrants, where he learned the values of hard work and humility, and because of it, he is known as a business tycoon in today’s world. He is the CEO and co-founder of his own company, Bloomberg LP. He also has held a political office becoming the mayor of one of the world’s most diverse cities across the world, New York City.
According to chapter 5 it states “leadership is an institutional capacity, not solely an individual trait, in many successful companies” (p.53). No great feat is ever done by a single person, but by a team who is there to support you and help you overcome hurdles and obstacles. Michael Bloomberg became a political figure; he was an entrepreneur who saw potential in himself and pushed forward so far as to run for office. Enforced the laws created by his predecessor and enacted new ones to keep caring for a city that had been through so much. He won office to have his opinions heard and implement his ideas, but to do so he needed a team who shared his ideals. I’ll say he was an architect structural leader, as he delegated tasks according to the potential each of the people in his cabinet had. In starting his company he shared the
Leadership is, and always has been, a vital aspect of social and economic constructs. It is essential to the survival of societies, industries, organizations, and virtually any group of individuals that come together for a common purpose. However, leadership is difficult to define in a single, definitive sense. As such, theories of leadership, what constitutes a great leader, and how leaders are made have evolved constantly throughout history, and still continue to change today in hopes of improving upon our understanding of leadership, its importance, and how it can be most effective in modern organizational cultures.
It is easy to presume that that person is in the position they are in because of money, connections or an extraordinary intellect. We may suppose that any adversity or problems that this type of person has encountered are on another level to those that we face. Perhaps we don't imagine that there were private obstacles to overcome, personality traits that needed adjustment or adaptation, that private insecurities or personal failings had to be surmounted. It is simplest to assume that the role of leadership was cut out for him/her alone. More often than not, one imagines that the "leader" in an individual emerges early on in life, apparent from an early age: a bright child with above average intelligence, active in all walks of life, successful in anything that he puts his/her hand to, popular with peers and admired by elders. But nothing is that simple.
Leadership can be defined as the ability of a company 's management to make sound decisions and inspire others to perform well (Investopedia, 2014). From the beginning of time, in the middle of all the major changes and historical events there where effective and motivated leaders having a wide sphere of influence and inspiring other groups of people to be creative and efficient. A leader is defined as a person or thing that holds a dominant or superior position within its field, and is able to exercise a high degree of control or influence over others (businessdictionary,2014).Leaders have always played a major role in the evolution of technology as well as in forming the very lifestyle of today’s society. Effective leaders are able to set and achieve challenging goals, to take swift and decisive action even in difficult situations, to outperform their competition, to take calculated risks and to persevere in the face of
There is nothing more impressive in today’s society than an entrepreneur who has made themselves successful. There are innumerous entrepreneurs out there that inherited money to become successful, but that is not even close to as impressive. People want to support the underdog, the man that takes control of his very own destiny- Mark Cuban is just that. Cuban is undoubtedly one of the most famous entrepreneurs of all time. He is witty, different, and simply outspoken. Cuban is a relentless, self-driven man that stops short of nothing. His net worth of 3 billion dollars is enough to show what he has made for himself. The way Cuban has shaped his success makes him a definite entrepreneurship hero.
This is why, Organizational renowned scholars have been studying of this very significant topic of leadership for literally hundreds of years. Because. It is very complex, not simple one.
Leadership is defined as the ability to accomplish a set goal(s) due to the act of inspiring and motivating a group of your peers. Former United States president Dwight D. Eisenhower made famous a quote that stated, “Leadership consists of nothing but taking responsibility for everything that goes wrong and giving your subordinates credit for everything that goes well.” (Notable-quotes.com). One of the most important aspects of the work area is leadership. Without leadership, there will be no guidance to for teamwork and the percentage of successful goal will be slim to none. Becoming a great leader is no easy feat however. An exceptional leader must lock in on specific attributes such as intellect, moral character, and human
From Mahatma Gandhi and Nelson Mandela’s charisma, to Winston Churchill and Martin Luther King’s intelligence and Steve Jobs’ analytical nature, there can be as numerous ways to lead as there are leaders (Crossman, 2010). Leadership is a hot debate both in the business world and other areas of the society. Throughout the world's, there have been as many leadership models as there have been their commentators (Burns & Peltason, 1966). Fortunately, psychologists and businesspersons have established useful frameworks that refer to the main ways of leadership.
“Leadership is the capacity to develop a vision that motivates others to move with a passion towards a common goal. Therefore, leadership is a process by which a person influences others to accomplish an objective and directs the organization in a way that makes it more cohesive and coherent” (Democracy, 2014). Apple CEO Tim Cook will predictably be compared to his antecedent Steve Jobs, but in one way, he 's greatly more like Bill Gates -- he has encouraged philanthropy at Apple (Stone, 2014). Under his leadership, Apple has become a much more socially aware company, working to enhance conditions in foreign factories and planning to reduce pollution caused by data centers and the devices themselves. In contrast to Tim’s leadership, a successful legend spread out at Microsoft Company where leader Bill Gates has many leadership qualities. One of the most important attributes is his capability to analyze, interpret, and be competent. His methodical intelligence is mentioned in his biography that corroborate of his abilities by scoring 1790 on an 1800 Harvard entrance exam (Stone, 2014). The excellent skills and mentality that Bill Gates has develop places him with to be one of the most powerful transformational leaders who motivate the crowds of whom he shares his vision.
Leadership is defined in Webster’s Dictionary as the “action of leading a group of people or an organization.” Leadership is also the ability to set trends, inspire, motivate, and sway others to produce desired results. There are different styles and ways of performing leadership and a good leader has the ability to take ordinary people, put them all together, and hopefully yield successful results. For organizations to have sustained results from their performance there must be a good balance of business insight, technical and interpersonal skills, and good team dynamics. A leader must know how to use all these areas as well as trust and communicate with their people in
According to Daft (2008, p.20) leadership typically reflects the larger society, and theories have evolved as norms, attitudes, and understandings in the larger world of change. Throughout the centuries leaders have adapted in response to these changes. Northouse (2007, p3) defines leadership as a process whereby an individual influences a group of individuals to achieve a common goal. A person’s ability to
Clearly with this information in mind Bill and Melinda Gates have a leader motive profile because their acts of philanthropy influence others to follow in their foot steps. Bill and Melinda Gates both have positive attitudes about themselves. They see themselves as philanthropists trying to do the right thing for the world and assist under privileged countries and areas of the United States in creating equality for everyone. This confidence contributes greatly to their success as leaders because confidence is contagious. If they exude confidence then the people they affiliate themselves with will feel that same confidence in their work.
In this ever growing, rapid developing world as we can see today, there are many different successful leaders. As we know it, leaders are humans just like everyone else. How did they manage to stand out from the crowd? What did they do to achieve great success for an organization? As of all the successful leaders in the world, Steve Jobs is one of the successful leaders that managed to achieve great success for an organization. Therefore, Steve Jobs is the leader that I personally admire and would like to emulate.
Leadership is a difficult word to define and according to the Miriam-Webster Dictionary leadership is the “office or position of a leader” (Miriam-Webster, 2010). This definition is definitely not one that I would ascribe to when discussing leadership. My definition of leadership is “the ability someone has to motivate and empower others to achieve a goal.” Some may add to this definition, others may discard it altogether and have a completely different definition. In the end, leadership takes on many different forms depending on who is doing the defining and we end up asking ourselves, what is leadership and why do we care?
There are different leadership styles; a particular leader that will be discussed is Alan Mulally a CEO of Ford Motor. Alan faced many challenges and he impacted
The leader must inspire engage employees, prescribe a common vision, choose a direction to take and encourage them to follow him. The whole team needs to continue and share the same goals and objectives. One could say that this style of leadership is the most effective of all, especially in large organizations. Nelson Mandela was one of the greatest leaders in history, great freedom fighter and