Jack Ma and Indra Nooyi share very common similarities regarding their leadership stories which appear to be strong catalysts in shaping their leadership purpose. They both came from rather simple beginnings, Indra was raised by a strict conservative Brahmin family in Southern India and Jack was repeatedly rejected for his plans of starting an internet company in America. Not deterred by that experience Jack then returned to China with no money but a solid business idea. While it is clear in watching them that these are leaders who remain quite humble about their achievements, Jack especially is someone who happily admits he has made a lot of errors on his path to success, stating his plans to write the book ‘Alibaba’s 1001 mistakes, that …show more content…
Along with this they both have excellent cognitive and behavioural complexity spoken of by Quinn et al, this is demonstrated not only by their successes but having a strong view towards the future of not only their respective companies but also the sustainability of the world. Indra who states ‘I think we’re living in a world and worrying about the level of returns rather than the sustainability of the returns’ (Institute 2014) and also mentioning leaders who ‘run the company for only their duration and leave the next CEO to pick up the debris’ (Institute 2014). By putting the company ahead of her own ego this again draws a strong correlation to the humble nature of Jack Ma and his plan of sustainability for the people and small business owners of China. Jack appears to be someone who wishes to change China and ultimately the world for the better, made clear by him saying ‘I don’t feel proud of how much money I’ve made, I feel proud at how much I’ve been able to help small business’ (Business 2011), and to have people stop him in the street commenting they opened a small store on TaoBao and they’re doing well, it’s clear that doing what’s best for the people resonates with Jack strongly, further strengthened by him saying ‘When you have 1 billion, that’s not your money, that’s the societies trust’ (Business
There is a great importance put on business leadership, this is directly due to how a business not only functions but in how fruitful the company can become. A great leader essentially can take a business plan that is weak yet turn it into a success, whereas a poor leader stands a higher chance of ruining the best of business plans. That is why it is essential to develop effective leadership throughout a companies entire management program at all levels. How does one develop or retain strong leadership? Companies must be focused on hiring strategies that encompass very specific parameters, building from within whilst creating a strong foundation for employee development and succession planning. Leadership is essential in any organization. The style and theory embraced determines whether the company will or will not achieve their goals. in all cases theory must be embraced, as a companies theory, style, and strategy is greatly dependent on the industry the company is in (Sadler, 2014). “The behavioral theory is one of the widely used theories of management. It suggests that leaders are made and not born. It gives room for training to install leadership traits in leaders at the expense of denying them a chance. There are various leadership styles embraced by companies (Cyert, & March, 2005).” This paper takes a look at the management styles of two specific
Great leaders have shaped the World we live in today and they are remembered for what they were able to accomplish during their lifetime. The history books are filled with leaders that changed the very nature of something by taking a different road or challenging the way everyone perceived things. Leaders would not be able to accomplish these daring feats without the help of their followers, the individuals in the background giving them their support (Schermerhorn & Uhl-Bien, 2014). Colleen Barrett was able to break through the glass ceiling and led Southwest Airlines (SWA) to become one of the most successful airlines in the industries (Dierendonck & Patterson, 2010). In the following pages will explore Colleen Barrett’s leadership
Capital One is a banking company that is focused on credit cards and consumer loans. The company also has some minor international operations in Canada and the UK, primarily in the credit card business. The company breaks down its business as follows. Credit cards are the major source of income, accounting for $10.4 billion in revenue, or 64% of the total revenue for the company. Consumer banking accounts for 31% of the revenue, commercial banking a further 10% of the revenue, and the company has negative revenue on "other" businesses. The credit card business is the most profitable, generating $2.277 billion in profit, or 70% of the company's total net income. Consumer banking accounted for 25% of total net income, while commercial banking accounted for 16% of total net income.
You see your best friend laughing with your other friend, sharing cherished moments and having a blast. She then comes up to you and starts off the conversation with how ugly your other friend looked today. You get that feeling of nausea wondering if that's how she spoke about you behind your back. When someone is being two-faced you can´t even think to trust them anymore. The town of Maycomb suffered not only the sickness of prejudice but also the disheartening of hypocrisy. Maycomb was left with a lack of sympathy along with the absence of tolerance and considering one´s feelings. In Harper Lee´s To Kill A Mockingbird, hypocrisy is a major factor in why people have problems in the town, especially concerning the prosecution of Tom Robinson, Scout´s third-grade teacher, and the harsh conversation in Aunt Alexandra's missionary society meeting.
Business leaders in the US may rely more on formal policies and processes, while Chinese business leaders may stress people orientated practices of loyalty and trustworthiness. These ethical concepts are not necessarily incompatible (many may actually overlap), but do highlight the importance of understanding perceptions from each culture.
Victoria was given the overwhelming burden of monarch at the young, innocent age of 18. The public didn't expect much from a frail young woman of 4 feet 11 inches. What she lacked in height though, she made up for in tenacity. Victoria grew into the crown and ruled her people justly throughout the years of her reign. The young Victoria launched the highly acclaimed “Victorian Era.”
The topic of leadership evokes curiosity about our leaders and their approaches in decision making, leadership styles and the effectiveness of their leadership. At time leaders are critiqued for their actions or views on different business affairs. In today’s working environment leaders set the tone, vision, and goals of any organization. Leadership has a huge impact on the culture of an organization and how people communicate within the organization (Northouse, 2009). The actions of leaders should inspire and positively impact their followers. The approach of leaders in handling adversities highlights many features of their character.
To begin with, the authors are crystal clear when it comes down to laying out the blueprint the requirements needed for a successful leader. Stepping into any profession requires patience and clear thinking. The authors mention “taking a minute out each day of your leadership can really make a difference between a good and a bad leader”. Throughout the book, the authors step into depth explaining why it is necessary for the leaders to take just one minute out of their day to notice any noteworthy changes in relationship within the firm. By being packaged in the box the entire day and not thinking and stepping out the box, it can cause delays in work and/or possibly an unsuccessful firm. The authors move on to speaking about the different levels of management and the flexibility that occurs at those various levels.
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 a vital component that leads effective teamwork. According to Mullins (2010), a good leader will influence his talented staff and their actions will lead the good performance. This report is going to examine the influences of the Ma Yun’s leadership on the Alibaba Group.
When we analyze the success of large corporations like Ford, General Electric and International Business Machines, it is evident that they had series of leaders who were visionary and believed in empowerment of people. When we analyze tough phases of a company or companies that had a fall and ultimate demise, we clearly see a linkage between failure of company and absence of effective leadership (Canwell, Dongrie, Neveras, & Stockton, 2014). The successful organization had leaders who made right decisions at right time and implemented them strategically. The implementation part needs excellent human resources and the ability to lead to them to get the task done. While different situations may need different style of leadership, the sophisticated manpower fueled by technological advancements and globalization have made some leadership styles less effective and some leadership styles to be highly effective (Feser, Mayol, & Srinivasan, 2014). This paper will discuss a tough situation faced in one of my former organization. The organization needed a different leadership style to tide over the falling sales and attrition. Three different leadership styles, their pros and cons, and the likely success in solving the problem will be discussed in this paper.
As a growing debate, the question at hand is whether great leaders are born with specific leadership traits, or if one can be taught certain traits over time. According to (Wikipedia.com) the approach of listing leadership qualities, often termed "trait theory of leadership", assumes certain traits or characteristics will tend to lead to effective leadership. I believe that leadership traits such as honest, competent, initiative, inspiring, hardworking, intelligent, and the ability to lead the masses, are some of the leadership traits one should possess. Within this paper, I will examine the overall concept of leadership traits, while observing the traits that were, or can be associated with successful leaders.
I have learned many lessons from Jack Welch on leadership. Jack Welch has been with the General Electric Company (GE) since 1960. Having taken over GE with a market capitalization of about $12 billion, Jack Welch turned it into one of the largest and most admired companies in the world by the time he stepped down as its CEO 20 years later, in 2000. Jack Welch used his uncanny instincts and unique leadership strategies to run GE, the most complex organization in the world and increased its market value by more than $400 billion over two decades. He remains a highly regarded figure in business circles due to his innovative leadership style. Jack Welch demonstrated Kouzes and Posner’s five practices of modeling the way, inspiring a shared
Prior to attending the Business Internship course, my knowledge and understanding on successful business leaders was very limited. Although I had heard of countless success stories in business, I had never actually understood what it took to achieve such measures of success. However, it wasn’t until we had the privilege of hearing from four different business magnates in weeks 6 -9. Each of the business leaders gave an hour’s seminar and which was aimed at providing insights into their personal lives, working experiences and the core essence of 21st century business leadership.
Jack Ma, the chairman of Alibaba, is no doubt a great leader with visionary mission and charismatic personalities. It is important to have an iconic founder and leader who can lead from the front and Jack Ma’s popularity and visions for the company has never let the company down.