Sir Richard Charles Nicholas Branson, a high-school dropout, is today one of the richest businessman in the world. The founder and chairman of a leading business group, Virgin Group, his entrepreneurial achievements are unparalleled. Virgin Group started off as a humble store selling music records called Virgin Records. It now holds more than 400 companies. The company gradually expanded to Virgin Megastores, Virgin Atlantic Airways and many other. Branson began his diverse entrepreneurial career
Pistols and the Rolling Stones. The bands helped Virgin Records to be one of the top six record companies in the world during that time. Born on the 18th of July 1950, in Surrey, England, Richard Charles Nicholas Branson was the son of Edward James Branson, a barrister and Eve Branson, a flight attendant. Richard had to struggle
During Richard Branson’s childhood, he struggled tremendously with school. Branson’s dyslexia caused him to nearly fail out of Scaircliffe School, at the age of 13. In an effort to help, Branson transferred to a new boarding school in Buckinghamshire, England: Stowe School. While attending Stowe School the headmaster told Branson he would “either end up in prison or a millionaire,” little did he know how accurate this statement would be. (Stone, 2014) In 1967, a 16-year-old Branson, whom was still
society. Business leaders are no exception to this phenomenon. Average business leaders can direct a company. Good business leaders can influence an entire society. One example of a good business leader is the noted British entrepreneur, Sir Richard Branson. Branson exhibits many qualities found in the world’s most influential business leaders, including vision, courage, determination and a strong personality. He has used these traits effectively to create the multi-billion-dollar venture capital conglomerate
Virgin Group is a world leading investment group which is founded by Richard Branson. It engages in businesses of financial services, travel, leisure, health and wellness, mobile telephones, music, holidays and entertainment. Although its headquarters is located in London, United Kingdom but the businesses are operated internationally in over 50 countries. (Virgin, 2015) Thus, the role of managers is vital as they need to guide subordinates towards accomplishing goals to ensure the sustainable operation
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
ntroduction Agile Project Management is one of the revolutionary methods introduced for the practice of project management. This is one of the latest project management strategies that is mainly applied to project management practice in software development In projects where requirements are likely to change during the project the traditional way to conduct a study and to succeed in project management seems to be uneffective. Agile Project Management was built to perform well during a changing environment
Case study 1: WD-40 Company About the Company WD-40 Company is a global marketing organization headquartered in San Diego, California. The products include a range of cleaning, maintenance and specialty solutions for homes and industries. The signature product is the WD-40 spray that protects metals from rust and corrosion. For a long period of 43 years WD-40 produced and sold only this one product. But today, the company owns a portfolio of brands and is present in over 160 countries. Challenges
Dr. Martin Luther King Jr. played a major role in the American civil rights movement. He was a “social activist” and a “Baptist minister” known for his kind deeds that also won him a “Nobel Peace Prize”. (Carson, n.d.) Dr. King was a successful leader in many ways and has proven to be an example of a good leader through his leadership qualities and good deeds for the society. He always believed in equality and never put himself before his followers or never had motives behind his actions. Martin
I remember from sometime last year. I went to the car show with a friend and saw the design for a car called Audi TTS. That was awesome. Then the exterior look for Porsche 911 was on track. When they extricated car from the hood, I had never seen an entire crowd, so excited about the speed of a car in my entire life. The primary characteristic of a car should be the fun factor. What made it so much more interesting than the car is simple: a great fun factor concept. When there is a unique fun factor
Warby Parker is an eyewear company, which sells prescription glasses and sunglasses. The company was founded in 2010 and is based in New York City. Warby Parkers story starts with a college student who couldn’t afford new glasses after his old pair broke. Long story short he and other college buddies started the company and made WP’s corporate social responsibility part of their branding. The way the program works is, for every pair WP sells; a pair is given to a child or organization that needs
The word mentor refers to a father figure who sponsors, guides and develops a younger person. Mentoring have played a significant role in teaching, inducting and developing the skills and talents of others (Ehrich et al, 2004). Research has also shown that mentoring yields benefits for mentees and mentors through career advancements and psychological support (Kram, 1985). Mentoring is often understood as a two way or reciprocal process that provides the benefits for the mentor (Levinson et al
Leadership is defined as the process of influencing the activities of an individual or a group in an effort towards goal achievement in a given situation. If you lead a business that is experiencing rapid growth — or you would like to be in that category – then you need to acquire knowledge and skills which will enable you to make sound business decisions in what has become a much more competitive environment. That where we are introduced to leadership development concept. Problems start If you
INTRODUCTION: Putting patients at the heart of healthcare processes and procedures is the key driver to quality of care as it enables a better emphasis on the care practice from identification, and throughout all approaches leading to healthy lifestyle maintenance (Antwi & Mryanka 2014). Nursing performances in the current healthcare systems are therefore, focused on care quality which is mostly determined through patients’ conditions, as well as the attainment of structural objectives (Bakker et
Kevin Ham is the most powerful dotcom mogul you've never heard of. You could actually say that he owns the internet. Weddingcatering.com. Hoteldeals.com. Laptop.com. These are only a few of the domain names the multi-millionaire has acquired over the years. Between 2000 and 2007, he quietly cobbled together a portfolio of some 300,000 domains that, at its peak, generated an estimated $70 million a year in revenue. Kevin Ham saw a window of opportunity in the early days of the internet that
1. Introduction In the organization environment, managers are taking the leadership characters and they act as leaders. They motivate other employees to achieve the target of specific goal of the organization. Leadership is possibly perceived and understands the phenomena of the (Burns, 2010). Naylor (1999) states that effective leadership has different characteristics such as passionate, visionary, creative, inspiring, flexible, innovative, imaginative, courageous, initiates change and experimental
The study of leadership was only studied at an in-depth level from the beginning of the twentieth century when leading academics began applying the scientific approach to the study of leadership in a business and organisational context. Before this period the subject of leadership was only studied under the context of a historical analysis and in military studies. (Mark E. Mendenhall, 2008) There have been numerous theories on what it takes to be a strong leader and how a successful leader can lead
CONCEPT 1:- QUALITIES OF A LEADER. This concept is derived from “LEADERSHIP & COMMUNICATION” BSN 03, BLOCK 5, and Module 1:3 entitled “Functions of Leaders in Nursing Practice.” Little Field, defined “Leadership as a process of influencing others to attain goals.” Every group of people that performs near its total capacity has some idea in her head; that is skilled in the art of leadership. The skill seems to be a compound of at least four major ingredients:- 1. The ability to use power effectively
Diagnosis and Analysis Dan Schulman has been appointed as CEO for Virgin Mobile USA, a new extension of the U.K. based company. Virgin, known for its motley of brand extensions, is seeking to penetrate the mobile phone market in the United States. At the moment, Virgin was known for its successful penetration in the U.K. cellular market. Unlike their competitors, Virgin strategy was to be a mobile virtual network operator (MVNO), meaning that they leased network space from other firms. Seeking to
Bass Pro Shop The Bass Pro Shop is known for many things, and being a celebrated retail store that greet lots of new costumers every year is apart of it. This shop is celebrated more by the men and woman who enjoy the outdoors. While being in the presence of this shop known to nationwide, there are so many aspects that take part in just this one shop. Containing many variety of different items, some are; food, entertainment for the family, clothing, and equipment that take part in the activities