...RICHARD BRANSON BUSINESS LEADERSHIP ANALYSIS University of Colorado Denver Business School 1475 Lawrence Street Denver, Colorado, 80202 A. EARLY HISTORY Sir Richard Charles Nicholas Branson was born on July 18th 1950 in Surry, England (Branson, 2009). Branson’s father was a barrister, a particular type of lawyer in the English law system. Branson’s mother was a flight attendant. Dyslexic since he was a child Branson never excelled academically; however, Branson did show promise as a leader early in life. After being moved from the Scaitcliffe School to the Stowe School, a boarding school, for being a “menace” he quickly became the captain of his cricket and soccer teams. Branson would later state that his ability in sports contributed to his confidence as a young entrepreneur (Branson, 2007). B. PROFESSIONAL HISTORY At the age of 16 Branson dropped out of the Stowe School to start a youth culture magazine called Student. Student was launched in 1966 as a, for students by students magazine. Branson made a list of the 50 top advertisers in the UK and one by one made phone calls selling the magazine’s advertising space. Richard ran the first edition of 50,000 copies for free, after he covered the cost of production with adverting revenues (Knappenberger, 2011). In 1969 Branson began his virgin empire with the launch of a mail order record service. By 1972 the mail order record service provided Branson with the capital to start his own recording studio in Oxfordshire...
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...Sir Richard Branson, Chairman, Virgin Group, LTD . Case Study BUS520 Dr. Sue Lowe December 4, 2012 Abstract Sir Richard Branson was born in Stowe in the United Kingdom in 1950; Branson first business venture was a student paper, which that started him at the age of 16. Sir Branson started this after he had decided to drop out of school. The decision to drop out of school might have been initiated by his seemingly troublesome period in his elementary school. He has a diagnosis of being dyslectic and he also performed poorly in school. Well in the 1970s Sir Branson started a mail order business and later on he started a record label then two years later the business was expanded with record stores named Virgin Records. The Virgin brand grew during the 1980s and 90s and Branson ventured into a airlines and called it the Virgin Atlantic Airways and also started a Virgin record label in America. In 2005 Branson started Virgin Galactic, a space tourism company, where the intention was to eventually reach orbital trips around the globe as well as going to the moon. Well as of Today the Virgin brand has over 200 different businesses, which is great. Sir Branson has differnet leadership models. He is differnet from others in so many ways. Sir Richard Branson is determined a very determined man with many leadership traits...
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...Corporate Leader (Sir Richard Branson) CEO (Virgin group) Name : Vipul Srivastava Roll no. : A43 Registration no. : 11101666 Section : SE101 Submitted to : Mr Maninder Singh Annexure-V- Cover Page for Academic Tasks Course Code: Course Title: | Course Instructor: | Academic Task No.: Academic Task Title: | Date of Allotment: Date of submission: | Student’s Roll no: Student’s Reg. no: | Evaluation Parameters: (Parameters on which student is to be evaluated- To be mentioned by students as specified at the time of assigning the task by the instructor) | Learning Outcomes: (Student to write briefly about learnings obtained from the academic tasks) Declaration: I declare that this Assignment is my individual work. I have not copied it from any other student‟s work or from any other source except where due acknowledgement is made explicitly in the text, nor has any part been written for me by any other person. Evaluator’s comments (For Instructor’s use only) General Observations Suggestions for Improvement Best part of assignment Evaluator‟s Signature and Date: Marks Obtained: Max. Marks: ………………………… ABSTRACT: Sir Richard Branson is the Founder and...
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...aids the employee to have a better understanding of their role in the organization and also help them to understand the basics of Work Psychology which is about people’s behaviour, thoughts and emotions related to their work. It can be used to improve our understanding and management of people (including ourselves) at work and how their individual performance/actions will bring about improvements in overall performance of the organization (Arnold, et al., 2010). According to Luthans (2004), the result of interaction and interdependency between formal organizations and the human factor variables is what Organizational behaviour is all about. This essay has been prepared to critically examine these human factors, and organization structure, leadership that is effective, organizational culture which facilitates team work and motivation, in successful organization. The essay will draw useful inferences using the case study of the Virgin group. An...
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...ONE YOUNG WORLD SUMMIT 2015 Bangkok, Thailand November 18th – 21st 2015 APPLICATION PACK ABOUT THE ONE YOUNG WORLD SUMMIT The One Young World Summit is a great opportunity to acquire leadership skills through dialogue and debate about pressing international social issues. In 2014, delegates gathered to speak about issues around sustainable development, human rights, peace and conflict, education, and entrepreneurship. Keynote speakers included world leaders such as: Sir Bob Geldof – Political Activist Sir Bob Geldof – Political Activist Arianna Huffington – President of Huffington Post Activist Arianna Huffington – President of Huffington Post Activist Professor Muhammad Yunus – Nobel Peace Prize Winner Professor Muhammad Yunus – Nobel Peace Prize Winner Kofi Annan – Secretary General to the UN Kofi Annan – Secretary General to the UN Fatima Bhutto – Writer and Activist Fatima Bhutto – Writer and Activist Paul Polman – Global CEO Unilever Paul Polman – Global CEO Unilever Jamie Oliver – Chef and TV Personality Jamie Oliver – Chef and TV Personality Sir Richard Branson – Founder of Virgin Group Sir Richard Branson – Founder of Virgin Group In 2014, 1,300 people came together from 194 countries to learn about how to bring about change. Please check this website for further information: www.oneyoungworld.com ABOUT CHALHOUB IMPACT Chalhoub IMPACT is the Chalhoub Group’s sustainability strategy. We aim to support...
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...STORY f there is one man who has defined entrepreneurial success for a generation of young and ambitious business hopefuls, it’s Sir Richard Branson. Posterboy for the anti-establishment and underdog turned benchmark-of-accomplishment, his sincere smile and candid approach to business are wonderfully alluring. He also evokes an every-man quality that says, “hey, if I can do this, you can too”, and since Foundr Magazine is founded on many of the values and driving forces that Branson is famous for, we thought he would be an absolute goldmine of advice for those of us who are starting out on our own entrepreneurial journeys. He’s also a bit of a rock star of the business world, so we were a little bit star-struck by his offer to answer some of our questions in an exclusive interview. I Does the world’s greatest mentor have a mentor of his own? S omething that many people define as critical to their success is identifying great mentors. For most of us, that means finding someone who can help you develop your business and leadership skills, or coach and guide you through specific challenges. And when you’re starting out, it might seem like there is the potential for mentoring from lots of the people you meet. But what about when you’re at the top of your game – is having a great mentor still important? Branson claims that it is, but when you’re already at the top, who is it you can look to for guidance? “In the past, I’ve had some wonderful...
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...Five Guys has the Right Combination for Success Strayer University BUS508 Dr. Peter DeDominici August 14, 2012 Five Guys has the Right Combination for Success According to the Five Guys website, Five Guys Burger and Fries (Five Guys) started humbly with one restaurant owned by Jerry Murrell and his family back in 1986 and is now being called one of the largest fast food businesses with over 1,000 locations in the United States and Canada today (www.fiveguys-about Us). Five Guys’ successful model of entrepreneurial leadership included a passion for a good idea, hard work and experiences to build a burger business in the fast-casual dining industry. Jerry Murrell shared his vision and values to his customers through suppliers, employees and now franchisees in a way that has allowed the company’s popularity to soar. To determine how Five Guys’ philosophy sets it apart from other fast-food chains I needed to understand the difference between fast-food and fast-casual dining. In the last several years I noticed that fast-food restaurants like McDonalds and Wendy’s have improved their décor and menu choices. Sanburn (2012) indicated that fast-food restaurants were redefining themselves just to compete with a fast-casual restaurant (like Five Guys). Darren Tristano, executive vice president of Technomic was quoted saying, “Fast casual has raised the bar. When your competitors are doing this, you don't want to lose relevance" (Sanburn, 2012, p.60). I concluded that fast-casual...
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...1 Copyright © 2014 SuccessVantage Pte Ltd All rights reserved Published by Winter & Alvin No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopied, recorded, scanned, or otherwise, except as permitted under Canadian copyright law, without the prior written permission of the author. Notes to the Reader: While the author and publisher of this book have made reasonable efforts to ensure the accuracy and timeliness of the information contained herein, the author and publisher assume no liability with respect to losses or damages caused, or alleged to be caused, by any reliance on any information contained herein and disclaim any and all warranties, expressed or implied, as to the accuracy or reliability of said information. The publisher and the author make no representations or warranties with respect to the accuracy or completeness of the contents of this work and specifically disclaim all warranties. The advice and strategies contained herein may not be suitable for every situation. It is the complete responsibility of the reader to ensure they are adhering to all local, regional and national laws. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that neither the author nor the publisher is engaged in rendering professional services. If legal, accounting...
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...As the saying goes, Change is the only constant and nothing can be closer to truth when it comes to the world of business. Businesses around the world are changing rapidly and it is imperative for companies to keep up the pace or they vanish. If there has to be a Darwin’s principle of business it has to be ‘survival of the most adaptable’. In this rapidly changing world hence, the importance of managers who can keep the companies running and adapting is paramount. Not only does the manager have to be a talented individual he has to have qualities of working as a great team player and certain qualities. A talented manager must have the skills of motivation to keep the team going, He must be willing to learn from mistakes made in the past and he must understand that respect has to be earned and is not a right. Penguin’s vice president Chris Kolbe have demonstrated that he possesses most of the skills discussed above and more and have taken the business to new altitudes altogether. Even though the Kolbe seems to be doing a reasonable job, this essay intends to point out two key skills which Kolbe must master in his job and also this essay intends to explain the importance of communication in the two skills discussed in detail. The first main skill that Kolbe must have as a senior manager (Vice President) is that of being a motivator for the team. When the going gets tough just as it did for the Penguin, it takes tough employees and tough managers to come out of the situations...
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...Division of Business | Course: HND Level 5 Business (management) | Year: 2015/16 | Student Name: | UNIT 03: Organisations and Behavior | Lecturers Name: Dr O. Shittu | Date Issued: 25th of April 2016 | Completion Date: 20th of July 2016 | Fail Pass Merit Distinction P11.1 | P21.2 | P31.3 | P41.4 | P52.1 | P62.2 | P72.3 | P82.4 | P93.1 | P103.2 | P113.3 | P123.4 | P134.1 | P144.2 | P154.3 | P164.4 | M1 | M2 | M3 | D1 | D2 | D3 | | Learning Outcomes: 1 Understand the relationship between organisational structure and culture 2 Understand different approaches to management and leadership 3 Understand ways of using motivational theories in organisations 4 Understand mechanisms for developing effective teamwork in organisations. Comments:Assessor’s Signature:______________ Referred Date:______________ | Late: Yes No | Internal Verification: Yes No | I declare that the work I am submitting for assessment contains no sections in copied in whole or part from any other source, unless it is explicitly identified by means of quotation mark or by means of wholly indented paragraphs. I declare that I have also acknowledged such quotations by providing detailed references in an approved format. I understand that unidentified and un-referenced copying both constitutes plagiarism which is an offence. I give my consent for my work...
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...Effective Leadership Practices: Ted Turner Your Name Capella University Background Ted Turner who was born as Robert Edward Turner III, born on November 19, 1938 in Cincinnati, Ohio, is known as a media mogul, philanthropist, and billionaire two times over. It is well known from many sources that Teds’ father was abusive towards him, when he was young. His father who was bipolar killed himself in 1963, which led to Ted becoming president and CEO of Turner Advertising, which later he changed to Turner Broadcasting (Turner, The Biography.com web site, 2015). Later, Ted went on to create the Cable News Network (CNN), which first aired in 1980. With the profits from CNN, Ted purchased Metro-Goldwyn-Mayer (MGM). Continuing to grow his company, he later created Cartoon Network, Turner Network Television (TNT), and Turner Classic Movies (TCM). As the leader in television and the internet, Turner Broadcasting was sold to Time Warner for $7.5 billion dollars. Ted did continue to run Time Warner’s cable networks, this included Home Box Office (HBO) and America Online (AOL) leading him to be the media mogul he is known for today (Turner, The Biography.com web site, 2015). What is your chosen leader's definition of leadership? In an interview with Oprah 2015, Ted stated that in order to be a leader you have to be an expert in many areas. Ted is known to be an autocratic leader, very strict, does not share anything with his followers, and takes all the risks...
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...adjourning stage is the final stage in group development for temporary groups, characterized by concern with wrapping up activities rather than task performance. 4. Gender differences are sometimes a barrier to effective communications. Men tend to use talk to emphasize status, whereas women tend to use it to create communications. The women speak and hear a language of connection and intimacy; men speak and hear a language of status, power and independence. So, for many men, conversations are primarily a mean to preserve independence and maintain status in a hierarchical social order. For many women, conversations are negotiations for closeness in which people try to seek and give confirmation and support. Women are more polite. 5. Leadership is the ability to influence a group toward the achievement of a vision or set of goals....
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...Research on Virgin Galactic Richard Branson's Virgin Galactic has us all excited about space travel, but we are slightly less excited about the Virgin Galactic cost. Those tickets into suborbital space are not cheap, and most of us will not be able to afford the trip for a while. What is the Virgin Galactic Cost? A 2008 book about space tourism stated that, "The cost of suborbital flight advertised by private space companies such as Virgin Galactic and Starchaser Industries is in the order of U.S. $200,000." [Source: Erik Seedhouse, page 27]. Virgin Galactic's webpage confirms that $200,000 is still the cost of a ticket of admission, and that at least 100 people have already paid that fare in full. [Source: virgingalactic.com]. Apparently, the company intends to keep the cost of tickets at this level for the time being. Will the Virgin Galactic Cost Come Down? In a 2008 interview, Stephen Attenborough, commercial director for Virgin Galactic said he thought competition would eventually drive ticket prices down to $50,000 or lower. [Source: The Independent]. He did not give any timeframe for this decrease. It seems inevitable that competition will force Virgin Galactic and other space flight companies to lower their prices. Low price is, after all, the most obvious way for a company to distinguish its product. But with $200,000 spaceflights still a thing of the future, it might be a while before the average Star Trek fan can afford a trip to space. Conclusions...
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...Introduction Jeffrey Preston "Jeff" Bezos is an American business magnate and investor. He is a technology entrepreneur who has played a key role in the growth of e-commerce as the founder and CEO of Amazon.com, an online merchant of books and later of a wide variety of products. Under his guidance, Amazon.com became the largest retailer on the World Wide Web and a top model for Internet sales. In 2013, Bezos purchased The Washington Post newspaper. Background Jeff Bezos was born on January 12, 1964, in Albuquerque, New Mexico, to a teenage mother, Jacklyn Gise Jorgensen, and his biological father, Ted Jorgensen. Bezos's parents were married less than a year, and when Bezos was four years old his mother married his step-father Mike Bezos, a Cuban immigrant. As a child, Jeff Bezos showed an early interest in how things work, turning his parents' garage into a laboratory and rigging electrical contraptions around his house. As a teenager, his family moved to Miami where he developed a love for computers and excelled in school, becoming the valedictorian of his class. While in high school, he attended the Student Science Training Program at the University of Florida, receiving a Silver Knight Award in 1982. In high school, he also started his first business, the Dream Institute, an educational summer camp for fourth, fifth and sixth graders. Bezos pursued his interest in computers at Princeton University, where he graduated summa cum laude in 1986 with a Bachelor of Science...
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...Task 2: Self-Assessment of Leadership Practices Assessment Code: C200 Student Name: Shery Marson Student ID: # 000000000 Date: April 27, 2016 Self-Assessment of Leadership Practices Leadership is defined as the ability to influence people towards attaining their goals. The objective of my study is to assess myself on my leadership practices as I interact with others as we work towards attaining organizational goals and making the company I work for more successful both now and in the future. If leadership is the influence of one person over others to aid and to support their role in order to achieve the combined purpose, then it is my desire to become that type of leader. Leadership is not a role or a position but can be summed up as an act of achieving the tasks assigned. The whole situation of success and failure is determined by the role the leader plays. It has been said if you are the source of inspiration or the force that drives others then you are the path to the top of the ladder and you are their leader. Leadership I believe is the heart and soul of an organization. Do I have the right style and qualities to inspire and mold others and inspire them to be the best they can be as they perform their jobs? By a study of my strengths and weakness and taking the Seven Habits profile I will be able to find out more about my leadership abilities. It is my desire to be a leader that will empower others by encouragement, providing them the right tools, to cultivate...
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