Richard Branson’s Leadership Holding more than 200 companies in more than 50 countries‚ including the recent Virgin Galactic‚ a space-tourism company‚ the virgin group is a business force like few others (Biography.com‚ 2014). Employing approximately 50‚000 people worldwide this international investment group was originally set up as a mail-order record business the Virgin Group has gone on to grow in various business sectors ranging from mobile communications‚ transportation‚ travel‚ financial
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level changes. First‚ the different situational elements must be analyzed. Leader-member relations between Branson and his management are very strong. He has a great deal of trust in them and management has the utmost respect for Branson. This means that Branson will have absolute control if he wants it‚ but he will trust his management team to take control themselves. Hence‚ Branson has very strong leader-member relations. Second‚ task structure must be analyzed in a course of four steps:
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Leadership Sir Richard Branson the creator‚ CEO and chairman of Virgin and its corporate culture has a very unique approach to leadership. He believes that work should be fun and employees gain a sense of contributing towards a larger goal‚ he tries to make them feel at home and create a sense of belonging between them and the company. In each and every one of Virgins new businesses‚ Branson’s attitude to be involved in all the setting up and research‚ so he can get a understanding of all the angles
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Are You Cut Out to Be a Successful Entrepreneur? ABSTRACT First‚ there was an interview with a successful entrepreneur. Second‚ there was a talk on entrepreneurship by a guest speaker‚ Mr. Azmi Ahmad (the CEO of Skali.com) and later‚ an "elevator speech" by fellow students on various issues related to entrepreneurship. This collective information and some reading on entrepreneurship journals‚ books and articles have brought to the idea on writing this paper‚ towards certain perspective‚ on successful
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Characteristics of a Successful Entrepreneur 1. They are self-motivated Successful entrepreneurs do not need someone who holds them accountable or forces them to be efficient and productive. Unfortunately‚ without a manager‚ many people cannot take their business past the planning stages. It takes hard work to create your own business; most people need someone who forces them to keep working. Moreover‚ when people do not have someone to hold them accountable‚ they may let their work’s quality
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Characteristics of entrepreneurs------------------------------------------------------3 Am I an entrepreneurial “type” of person? -----------------------------------------4 The influence of contexts on entrepreneurial characteristics-------------------5 “Family business” ------------------------------------------------------------------------5 “Small business owners” ----------------------------------------------------------------6 Conclusion----------------------------------------------------------------------------------6
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Characteristics of an entrepreneur Entrepreneurs have many of the same character traits as leaders‚[10] similar to the early great man theories of leadership; however trait-based theories of entrepreneurship are increasingly being called into question. Entrepreneurs are often contrasted with managers and administrators who are said to be more methodical and less prone to risk-taking. Such person-centric models of entrepreneurship have shown to be of questionable validity‚ not least as many real-life
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Entrepreneur’s Biography Submitted by: Erik Hoyer Submitted to: Sean Wise Course: ENT 526 Date: November 11‚ 2010 Richard Branson Overview Sir Richard Charles Nicholas Branson is one of the world’s greatest entrepreneurs. He was born in London‚ Enlgand in July 18‚ 1950. This British entrepreneur is best known for his Virgin Group‚ who has over 360 companies under the Virgin brand. His first succesful business just started when he was just 16 years old‚ with a student magazine.
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Leadership Paper: Richard Branson Richard Branson has been practically a household name in the U.K. for the past 20 years and is also well respected in the business world. He is the founder of the Virgin Group‚ known for record labels‚ cellular phones‚ airlines‚ and many other business ventures. He is responsible for a $5 billion empire consisting of over 200 different companies around the world. (ICFAI‚ 2002) Branson is also known for his unique character and leadership styles‚ one who is
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PERSONAL DEVELOPMENT PLAN & TUTORING “LEADERSHIP IN BUSINESS” By: Dr. Saskia J.M. Harkema MBA [pic] Richard Branson Founder of Virgin Group Made by: Bernadette Yolanda S 36010 - Pre Master Program yolanda.bernadette@yahoo.com +31647326417 March 19th 2013 • Wittenborg University Apeldoorn‚ Netherlands 2013 TABLE OF CONTENTS Title………………………………………………………………………………………………………………………… 1 Table of Contents…………………………………………………………………………………………….....…. 2 1. Introduction………………………………………………………………………………………………………
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