Introduction Whenever someone argues that college dropouts are incapable of achieving anything in life, bring up Bill Gates’s name. Bill Gates, a Harvard dropout, is one of the richest men in the United States due to the gargantuan success of a business he started with Paul Allen, which is known as Microsoft (Bill Gates Biography.com, 2017). Nobody can deny that Bill Gates has had a massive impact on the technological world. However, in this essay, we study the leadership qualities that made Bill Gates one of the most successful people in the entire world. Transactional or Transformational Leadership Style Gates was both a transactional and transformational leader. As a transactional leader, he made sure to visit the new products teams and inquire challenging questions to the point that would make him satisfied and ensure that the team are on track and have a clear understanding about the aimed goal (Pamela Spahr, 2014). He is well known for his emphasis on rigid structure, hierarchy and his system of reward and punishment to achieve outcomes. His strict standards of what he wants is what made Microsoft successful and he ensures that his employees do not deviate from these standards (‘’Mindvalley academy blog’’, n.d.). In addition, Gates has a transformational leadership style. He has contributed to Microsoft and made many changes in which he was able to transform the computing industry. Moreover, he has dependably had more technical competence than interpersonal
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On October 5, 2011, the world witnessed the passing away of Steve Jobs. He died at the relatively young age of fifty-six. As a technological icon, Jobs changed the way hundreds of millions of people today communicate, interact, and think. Through the founding of Apple, Next, and Pixar, Jobs showed the world that with passion and persistence visions can truly transform into reality. Although Steve Jobs has given many speeches in his life time, it could be said that arguably his most notable speech was presented to the 2005 graduating class of Stanford.
Their philosophy is “whatever-it takes” and delegates the frontline managers to lead “it is your business, your division, your market, your stores, your aisle and your customers (Home Depot 2009).” Finally , transformational leaders by definition seek to transform. Sometime when a organization does not transform it’s, employees become unhappy and leaders will
“The study of history has been a study of leaders – what they did and why they did it” (Bass, 2008: 4). New contemporary styles of leadership have emerged that arguably are more successful in the long term (Dawson & Andriopoulos, 2014). This report critically evaluates different styles of leadership to determine if a transformational style will have a more decisive effect on employee motivation and organisational culture culminating in long term prosperity of the business. Fresh perspectives to leadership are required if organisations are to be successful in times of change while at the same time increasing employee morale (Conger, 1999). Studies done by Burns (1978) differentiates between transactional leaders and transformational leaders.
Transactional Leadership is based on the principles of the social exchange theory, in which an individual would expect to give and receive benefits or rewards when engaging in a social interaction (Sullivan, 2012). The interaction will cease if one or both person decides that the exchange of benefits and rewards are no longer worthwhile. Transactional Leadership theory also focus on the task that need to be carried out and makes sure they are done the right way as compared to Transformational Leadership theory which focus on staff empowerment (Marquis and Huston, 2015). A nurse manger in a department or ward is a good example of Transactional Leadership theory.
TRANSFORMATIONAL LEADERSHIP Transformational Leadership is defined as leadership style focused on effecting revolutionary change in organizations through a commitment to the organization’s vision. (Sullivan & Decker, 2001) Transformational leaders are usually given higher position and are known for their charismatic sense and ability to develop high visions and regards in the work they do. They often give their best performances due to the low morale or self esteem Example: Steve Job, Bill Gates and Ratan Tata. As the existentialist rightly said, we always have a choice, in doing what we already have done or doing that which we have never done.
Leadership is an action defined as leading a group or organization . There are many great leaders today and many great leaders who legacy will always live on. Such as , Martin Luther King Jr. , Caesar Chavez, Mother Teresa, Bill Gates, Rosa Parks, Abraham Lincoln, Ghandi, General Colin Powell, Angela Merkel and many more . Each of these leaders had their own style and accomplishments to make them the leaders they are today . Martin Luther King jr., a civil rights activist , a pastor and most importantly a leader.
Rhetorical Analysis of Leader Language In my point of view, I found Bill Gates as the most promising leader throughout the globe. Bill Gates was the youngest, wealthiest CEO of all time, but this success was not only achieved by luck. His inspiring charming personality and effective communication skills made him the real “BILL GATES”. One of his talks on the teacher’s feedback is much of an importance.
The term "transactional" refers to the fact that this type of leader essentially motivates subordinates by exchanging rewards for performance. A transactional leader generally does not look ahead in strategically guiding an organization to a position of market leadership; instead, these managers are solely concerned with making sure everything flows smoothly today. Advantages As stated above both leadership styles are needed for guiding an organization to success, and it was thanks to that approach that Fight Club was such a successful organization.
He was able to establish his company and convert it from a two man operation to a multibillion dollar company within 25 years. Devices Division, Cloud and Enterprise division, Office Product Division, AI and research Division. The Windows and Devices Division is responsible
Task-1 Describe how and to what extent does Steve jobs careers illuminate the difference between leadership and management styles? The choice of Steve Jobs for this case study draws in many aspects of the theories of leadership and reminds us of one further thing: that successful leaders may sometimes divide the world into two camps: those who adore the leader and those who cannot stand him(or her). This phenomenon is not so unusual: it was true of Margaret Thatcher’s political leadership, for example, and of many military leaders over the centuries.
Transformational Approach Transformational leadership style work towards high levels of communication from a management to meet goals. Leaders are meant to motivate employees and augment productivity and efficiency through communication and high visibility. This style of leadership really does need the involvement of management to meet goals. Leaders focus on the big picture within an organization and delegate smaller tasks to the team to accomplish goals. Transformational leadership proves to be efficient not only in business, but in all other sectors where it is used.
“If you want to build a ship, don’t drum up the men to gather wood, did the work, and give orders. Instead teach them to yearn for the vast and endless sea” (Saint-Exupéry, 1948). This perfectly describes Steve Jobs. He was a leader with passion and clear vision who directed his people and got extraordinary achievements. While many believed him to be a transformational leader, others see him as a toxic leader.
Introduction The focus of this written paper is to introduce a successful business person in the world and analyze the person's unique events or stories with an appropriate organizational behavior theory. We would like to explain in detail with applications and discussions of how the chosen leader has demonstrated the critical criteria of a certain theory. Richard Branson, who is the founder of the Virgin Limited is seen by us as a famous leader in the business sector. His open-minded leadership style has fully demonstrated the transformational leadership theory. Bernard Bass (1985) stated that transformational leaders care about the development of followers, improve the organization through inspiration and stimulation and engage in the betterment
Steve Jobs, the founder of Apple Inc. is the leader about whom, the current assignment will be based upon. Jobs depicted the execution of an autocratic leadership style in his initial years but changed to transformational leadership style later. Allio (2010) criticized the autocratic leadership style of Jobs for being arrogant and egoistic. It is thus analyzed from the study that the perceptions of the followers regarding the leader matters considerably for a leader to become a role model. However, Hurley-Hanson, and Giannantonio (2013) highlighted the effective persuasive leadership style of Steve Jobs through his initiative of discussing the vision and strategic plans for NeXT with his employees.
1.1 ELON BACKGROUND OF MUSK Elon Reeve Musk is a Canadian American businessman, engineer, and innovator born in South Africa, June 28th 1971. Elon Musk is one of the most notable innovators of the 21st century. Elon’s academic achievements in regards to higher studies began with 2 Bachelor’s Degrees, 1 in physics and the other in economics, and he would, soon after, enroll in Stanford university to begin a PhD. However, Elon dropped out of the course after a mere 2 days in order to pursue entrepreneurial activities in the fields of sustainable improvements in standards of living, space exploration and much more. 1.2 MUSK AT TESLA