...Assignment 4: Sir Richard Branson, Chairman, Virgin Group, Ltd. Case Study Due Week 8 and worth 100 points Read the Sir Richard Branson, Chairman, Virgin Group, Ltd. case study located in Chapter 11. Write a six to eight (6-8) page paper in which you: 1. Describe Branson’s leadership style in terms of the leadership models addressed in Chapters 10 and 11 and evaluate the likely effectiveness of that style in the U.S. today. 2. Recommend a different leadership style (or combination of styles) that would make Branson an even more effective leader. 3. Determine how Branson would develop and lead a global team working on a major project (e.g., space tourism). 4. Discuss how you can incorporate some of Branson’s leadership qualities into you role at work or school. 5. Include three (3) external peer-reviewed sources to support your position. Your assignment must follow these formatting requirements: • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions. • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required page length. The specific course learning outcomes associated with this assignment are: • Explain the variety of leadership theories and roles. • Analyze...
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...SIR RICHARD BRANSON, CHAIRMAN, VIRGIN GROUP, LTD CASE STUDY BUSINESS 520, DR KIMBERLY LEADERSHIP AND ORGANIZATIONAL SHIRL JONES FEBRUARY 26, 2012 Assignment 4: Sir Richard Branson, Chairman, Virgin Group, Ltd. Case Study Due Week 8 and worth 100 points Read the Sir Richard Branson, Chairman, Virgin Group, Ltd. case study located in Chapter 11. Write a six to eight (6-8) page paper in which you: 1. Describe Branson’s leadership style in terms of the leadership models addressed in Chapters 10 and 11 and evaluate the likely effectiveness of that style in the U.S. today. 2. Recommend a different leadership style (or combination of styles) that would make Branson an even more effective leader. 3. Determine how Branson would develop and lead a global team working on a major project (e.g., space tourism). 4. Discuss how you can incorporate some of Branson’s leadership qualities into you role at work or school. 5. Include three (3) external peer-reviewed sources to support your position. Your assignment must follow these formatting requirements: • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions. • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page...
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...Alfredo Sigala Conspiracy Theory Death Star Attack Introduction We’ve all heard the Death Star attack. We all know about Luke Skywalker and the Rebel Alliance and how they were able to steal the plans of the Death star to find its weakness. Then mounted a foolhardy attack on the most powerful, well-defended battle station ever built. And we’ve all seen the video of the one-in-a-million shot that resulted in a massive chain reaction that not just damaged, but completely obliterated that massive technological wonder. Like many, I believed what i saw during the attack. But as I watched the video again, I began to realize that all was not as it seemed. And the more I questioned the official story, the more clear it became. Like many citizens, I have many questions that I would like answered: was the mighty Imperial government really too incompetent to prevent a handful of a ragtag team of rebels from destroying one of their most prized assets? Or are they hiding something from us? Who was really behind the attack? Why did they want the Death Star destroyed? No matter what the answers, we have a problem. We all heard the story of the rebels stealing the plans for the Death Star. Darth Vader chasing down Princess Leia for stealing the plans. The chase was stop at Tatooine when Darth Vader Star Destroyer was able to blast Leias cruiser. Princess Leia was then captured by Darth Vader on her ship, Tantive IV. But before getting captured by Vader she was able to give the plans...
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...ranson. The young entrepreneur’s guide to success according to SUCCESS 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...
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...Sir Richard Branson, Chairman, Virgin Group, Ltd. Case Study Assignment 4 Professor Leadership and Organizational Behavior February 26, 2012 Since the beginning of history humans have lived in groups guided by the group leader; in which leader is either chosen for his characteristics or born into through cast. No matter the culture this is similar through the human race. Humans need someone to guide them, teach them, someone to look up to. Without followers there is no leader. “That is, leader is a term applied by observers to someone whose behaviors and characteristics match the observers’ implicit leadership preferences” (Hellriegel, D., & Slocum, J. W., Jr. (2011). They are different type of leaders and leadership style depending on the situation and solution needed at that moment by the followers. In my opinion good leaders have shown to be flexible enough to switch between leadership styles depending on the demands of the situation. One of the worlds most intriguing, succesful and enduring entrepreneurial business leaders today is Richard Branson, someone who takes control of the situation by conveying a clear vision and goals for the team, a marked passion for the work and an ability to make the group feel recharged and energized. I consider Richard Branson to be a transformational leader, a leader with vision, confident, motivation, passion and determination. He is the founder of Virgin Group Ltd. “Born July 18, 1950, in Surrey, England, Sir...
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...It was during this time that Branson had the idea to begin a mail-order record company called Virgin to help fund his magazine efforts. The company performed modestly, but made Branson enough that he was able to expand his business venture, adding a record shop in Oxford Street, London. With the success of the record shop, the high school drop-out was able to build a recording studio in 1972 in Oxfordshire, England. His first artist on the Virgin Records label, Mike Oldfield, recorded his single "Tubular Bells" in 1973 with the help of Branson's team. The song was an instant smash, staying on the UK charts for 247 weeks. Using the momentum of Oldfield's success, Branson then signed other aspiring musical groups to label, including the Sex Pistols. Artists such as the Culture Club, the Rolling Stones, and Genesis would follow, helping to make Virgin Music one of the top six record companies in the world. Branson expanded his entrepreneurial efforts yet again, this time to include the travel company the Voyager Group in 1980, the airline Virgin Atlantic in 1984, and a series of Virgin Megastores. But Branson's success was not always predictable. By 1992, Virgin was suddenly struggling to stay financially afloat. The company was sold later that year to THORN EMI for $1...
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...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. After a postal strike nearly killed his mail order record service in 1971, Branson took what little money he had left and in 1973 formed Virgin Records. Branson had trouble getting the record label started. One of Virgin’s first artists Mike Oldfield was nearly finished with the music business when Branson convinced him to perform a show in exchange for Branson’s car, a Bentley which he...
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...Sir Richard Branson, Chairman Virgin Group, Ltd. Case Study International success for an organization requires the expansion of the company into the global market for exposure and the goal of increasing profit margins. Strong leadership skills are an essential key in the success for a global company. Judgment, positive attitude and entrepreneurial thinking, and motivational incentives are additional keys that contribute to the success of an organization. The strategic leadership ways and personality of Sir Richard Branson proved to be success in the company he led into the global market. His Virgin Galactic company had the vision to be the first company to offer passengers the opportunity to fly into space at the cost of an expensive price as the world’s first space line. In addition to offering the hopes of the first space line for customers, Branson wanted to expand the global presence even further by participating in joint-venture agreements in telecommunications with China. By incorporating their reputation into the foreign market, the exposure to an untapped market or competitive market, an organization is able to branch out with ideas that will produce additional profits. The leadership traits that Branson portrayed played a huge part in the motivation skills he used on his employees that increased production, Corporate leadership requires two important areas: content leadership (leader’s attributes and decision making skills) and context leadership (variables...
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...Home Page» Business and Management Sir Richard Brason, Virgin Group, Case Study, Assignment 4 In: Business and Management Sir Richard Brason, Virgin Group, Case Study, Assignment 4 Sir Richard Branson, Chairman, Virgin Group, Ltd. Case Study Assignment 4 Professor Leadership and Organizational Behavior February 26, 2012 Since the beginning of history humans have lived in groups guided by the group leader; in which leader is either chosen for his characteristics or born into through cast. No matter the culture this is similar through the human race. Humans need someone to guide them, teach them, someone to look up to. Without followers there is no leader. “That is, leader is a term applied by observers to someone whose behaviors and characteristics match the observers’ implicit leadership preferences” (Hellriegel, D., & Slocum, J. W., Jr. (2011). They are different type of leaders and leadership style depending on the situation and solution needed at that moment by the followers. In my opinion good leaders have shown to be flexible enough to switch between leadership styles depending on the demands of the situation. One of the worlds most intriguing, succesful and enduring entrepreneurial business leaders today is Richard Branson, someone who takes control of the situation by conveying a clear vision and goals for the team, a marked passion for the work and an ability to make the group feel recharged and energized. I consider Richard...
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...Branson, founder of the Virgin Group Ltd., is a London based businessperson who turned the conventional business wisdom to a diverse business with a unique style. Today, the Virgin Group is one of world’s most recognizable brands in different lines of businesses such as retail stores, air travel, financial services, books and music, and telecommunications. The Virgin Group is a multibillion-dollar company with approximately 50,000 employees and more than $20 billion in annual sales (Hellriegel & Slocum, 2011). According to Hellriegel and Slocum (2011), Transformational leadership involves influencing the followers through the leader’s behaviors and abilities. Transformational leaders create vision for the organization and embrace the change to achieve the goal by following set of rules with the strong beliefs, anticipating the future barriers, and empowering the followers to be leaders by inspiring through motivation, and intellectual stimulation. Transformational leaders are risk-takers. They are quite challenging and compassionate at the same time with high integrity. Sir Richard Branson’s dominant leadership style is transformational in many aspects. Branson communicates in open, candidly and clearly about the setbacks in his business career. Three of the setbacks he openly discussed with many are the launch of MP3 player, which was a total disaster, holding Virgin MegaStore retail outlets for too long that caused a huge financial loss, and Virgin Cola trial to acquire...
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...Looking at our current fleet of global leaders, one can’t help but name Richard Branson as one of the most successful global leaders of our time. Richard Branson’s main characteristics are finding the right people for the right job, inspiring them to lead and be successful, drawing out the best things out of them. He likes leaders who love learning and have an inquisitive mind and also see life as one learning process. I consider Richard Branson to be a transformational leader, a leader with vision, confident, motivation, passion and determination. Richard Branson founded Virgin Group Ltd. “Born July 18, 1950, in Surrey, England, Sir Richard Charles Nicholas Branson struggled in school and dropped out at age 16, a decision that ultimately lead to the creation of Virgin Records in 1973. His entrepreneurial projects started in the music industry and expanded into other sectors making Branson a billionaire. His Virgin Group holds more than 200 companies, including the recent...
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...Resarch Paper Virgin Group Jonas Rosario-Lora Table of Contents Executive Summary3-4 Literature Review4 Bullets A-C4-12 Discussion 12-17 Conclusion17-18 Reference18-22 Executive Summary The matter of this company is to observer there recent change, and how we can identify the change the organizational change. Using the company’s management models, leadership styles and strategic management change, to figure out if the change is making the company profitable. Can the company sustain the change process and fit best with the condition without having resistance in change to hurt the company. Virgin America is in the verge of losing it’s shareholders and investor, since the day it lunch in 2007 and the following four years the company has been losing over 395million dollars. There Expenses are lower than the main airline carriers, primarily, it’s not inexpensive sufficiently to participate rivalry against competitors like JetBlue or Spirit. Virgin America has been embraced to create a honest low- cost structure, While it’s competitors have reduced their cost structure significantly, customers are not eager to pay a high premium to have the ability to enjoy TV on there flights and have a free checked bag “which is why JetBlue will likely be charging for the first bag soon”. There mission statement is to rethinking what it means to fly economy, by producing the leading low-cost luxury airline. The company established an impressive goal, to create the procedure...
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...chosen to enter. According to Hellreigel, D. & Slocum, J., (2011), Mr. Branson through his company Virgin Group, LTD, “has turned a lifelong disdain for conventional business wisdom into a multibillion dollar global conglomerate and one of the worlds most recognized brands” (p. 344). It is this knack for unconventionality that is the key to the Branson name and the Branson legacy. Even though Mr. Branson is a very successful entrepreneur, he is not universally liked in the conventional business world. According to Hellreigel, D. & Slocum, J., (2011), “Some have suggested that Branson and the Virgin brand attract almost a cult following, and it works both ways-many people admire Branson, but some detest him” (p. 344). Mr. Branson has been on the business scene for more than 45 years and during that time frame one thing can be said for how he conducts business and that is that his employees love him which contributes to that cult like following. The author will discuss Mr. Branson’s leadership style to try to ascertain what is right about it and what could be done to improve it. The writer will also determine a different leadership style which could help Mr. Branson be a more effective leader. The author will also discuss how Mr. Branson would inspire and lead a global company in starting and completing a new project like the project he started in 2007 called Virgin Galactic....
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...Rupesh Doshi on Richard Branson Sir Richard Branson is the Founder and Chairman of Virgin Group – a multi-billion dollar, branded venture capital organization headquartered in London, United Kingdom. I first came to know of Sir Richard when I studied abroad at the London School of Economics during the summer of 2001. One of my classmates suggested a great summer read - the book was titled Losing My Virginity. The title definitely put a smirk on my face but soon after he mentioned the name, my friend said the book was an autobiography of the person who founded Virgin Records, Virgin Megastore, and Virgin Atlantic Airways – Sir Richard Branson. Having heard of those companies, I took my friend’s suggestion and picked up a copy of the book to read on my trip to Asia. I rarely read a book to completion – but Losing My Virginity was an exception and probably the quickest book I have ever read. Engaged and enthralled by the book I came to admire Richard’s leadership and his way of living life. Professor Friedman’s Total Leadership course and the principles he has taught confirmed that Sir Richard Branson is the perfect case study of a leader who has achieved “total leadership” across the four domains of life – work, family, community and self. Richard was born in 1950 in London, the eldest of four siblings (He is 60 years old today). As a youth, he suffered from dyslexia – a learning disorder that impairs the ability to speak and read – which resulted in not only frustration but also...
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...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 Chairman of Virgin Group – a multi-billion...
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