Leaders are the people who are responsible for effectively managing of the company resources, working with advertising teams, and inspiring others to do their best work. They also envision ways to improve the company from the perspective of overall involvement. Ultimately, the actions and decisions of executives are referred to as corporate leadership. Corporate leadership is comprised of the executives and managers who run a company. It occurs when a company foresees ultimate success from the strong leaders that run its daily operations. According to that perspective, we have tried our level best to select five corporate leaders. First we have selected five big companies. Among those, three are international and two are national companies according to the requirement of the assignment. Then from each of those companies, we identified an efficient leader by searching the websites. We depicted the roles, skills, success or failure stories, and minimum one example of each of the leader’s effective decision-making which is provided in this paper accordingly. In case of the identification of leaders from the big international companies, Keith Rupert Murdoch was selected from “News Corporation”, from the mass media industry; Henry Ford was selected from “Ford Motor Company”, from the automobile industry; and Anne Mulcahy was selected from “Xerox”, from the document management and IT industry. In case of the identification of leaders from the big national companies, Nitun Kundu was a selected from “Otobi”, the furniture industry; and Fazle Hasan Abed was a selected from “BRAC (formerly, Bangladesh Rural Advancement Committee)”. All the leaders have been selected by searching websites with the mindset focused to the roles, skills, success or failure stories, and decision-making factors skills of a leader. All those factors have been discussed throughout this document on the basis of selected companies. The purpose for doing this assignment is basically to relate our academic learning with the roles and skills of the corporate leaders, and to understand the way of dealing with a business from the success and failure of the leaders as well as from their decision-making strategies.
2. International Company: News Corporation
2.1 company Overview
Name | News Corporation|
Type of Business| Public Limited Company|
Industry| Mass media|
Headquarter| 1211 Avenue of the Americas, New York, NY 10036, USA| Founder| Rupert Murdoch|
Founded| On 12 November, 2004|
Products| Cable network programming, filmed entertainment, television, direct broadcast satellite television, publishing, and other| Area Served| Worldwide|
Total assets| US$ 56.663 billion (2012) |
Total equity| US$ 24.684 billion (2012) |
Net income| US$ 1.179 billion (2012) |
Employees| 48,000 (2012) |
2.2 Company Background
News Corporation is an American diversified multinational mass media corporation. It was created in 1979 by Rupert Murdoch as a holding company for News Limited. News Limited was created in 1923 in Adelaide; subsequently the controlling interest was bought by the Herald and Weekly Times. In 1949, Sir Keith Murdoch took control of The Adelaide News. When he died in 1952, his son Rupert inherited a controlling interest in the Adelaide afternoon tabloid, The News. The News Corporation now is controlled by Rupert Murdoch and his family members. It is the world's second-largest media group as of 2011 in terms of revenue, and the world's third largest in entertainment as of 2009. News Corporation is a publicly traded company listed on the NASDAQ (American Stock Exchange), with secondary listings on the Australian Securities Exchange. Formerly incorporated in South Australia, the company was re-incorporated under Delaware General Corporation Law after a majority of shareholders approved the move on 12 November 2004. News Corporation is headquartered in...