Friday, April 26, 2019
Sir Richard Branson, Chairman, Virgin Group, Ltd. Case Study Research Paper
Sir Richard Branson, Chairman, Virgin Group, Ltd. Case Study - Research Paper shellOne is to remember that it is difficult to make use of one particular leaders style for varied types of contexts. However, the leader may demonstrate the best style or a combination of styles for each liquid ecstasy leadership context. From the case study, it has been apparent that Sir Richard Branson is one of the most influential, successful and enduring business leaders. Among numerous leadership styles such as autocratic leadership style, participative leadership style and laissez-faire style as hygienic as in terms of authentic leadership model, expert power and referent power models, it depose be analyzed that the leadership style demonstrated by Richard Branson is a laissez-faire leadership style. He has been successful in genuinely serving his employees and clients by means of his leadership. He has been interested in empowering the employees that he leads in order to make a vital differen ce. Richard Branson has intrinsic leadership gifts and, thus, he makes use of his natural abilities. It has been apparent from the case study that Richard Branson always believed in building long-term relationships with people. Authentic leaders principally learn from their failures. Richard Branson has focused on preparing himself to have another attempt at any failed activity with the necessitate knowledge that he gained from his previous failure. One of the well known facts regarding authentic leaders is that they draw boost from their own lives. Richard Branson seems to be inspired by his mother who taught him not to look back in mourning but rather to move on to the next task. An authentic leader is someone who is not affright to admit his mistakes and, therefore, makes efforts to overcome his limitations. By facing weaknesses and declining to compromise with them, Richard Branson tends to identify ways to beat the weaknesses, which helps him to become a strong leader. Ric hard Branson also seems to possess expert and referent power. He has been capable of influencing others behaviors owing to the recognized competencies, talents and knowledge. He is capable of influencing others because his employees respect, admire and like him as a person. Whenever Richard Branson experiences any kind of setbacks, he chooses to pick himself up and try again. His principles are based on the belief that entrepreneurs will only succeed if they have keen people around them and they listen to the superiors advice. Authentic leaders such as Richard Branson solicitude for themselves as well as the people that they lead, and their compassion is genuine (Harvard Business School, 2012). Richard Branson practices self-discipline by incorporating dimension into his personal and professional lives. While most of the executives focus upon serving their customers as well as stockholders, Richard Branson believes that the neutralize hierarchical system in any organization is t o have employee at the first position, customer next and stockholders at the end. It is because of the effectiveness of Richard Bransons leadership style that Virgin Group modified has been capable of becoming a multibillion-dollar worldwide conglomerate and one of the most recognized brands in the world. It has been determine that most of the US leaders tend to have participative leadership styles. Therefore, it can be stated that although individualism leadership style tends to
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