Defining Leadership : Sir Richard Branson
The autobiography of Sir Richard Branson " Screw It,
Let's Do It: Lessons In Life" remains till date one of the most inspiring
books I have ever read.Sir Richard Branson is the most
intriguing, successful and enduring business leaders the world has
ever seen. As the founder of the Virgin Group, he has established a very
interesting approach to leadership and where he chooses to put his resources to
work. He is an extremist in serial entrepreneurship and a source of constant
inspiration to millions. Branson is often criticized for his management
style – or lack thereof. He holds no regular board meetings, has no business
headquarters. But, with his brand name licensed to over 250 companies, Branson
has had to develop the necessary leadership skills to ensure his survival.
His overall leadership principle rests on the need to treat
other people with respect but the nuts and bolts of it are much harder to pin
down. Branson stresses the importance of time management skills, saying he
spends roughly one third of his time on trouble shooting, one third on new
projects – both business related and charitable – and one third on promoting
and marketing his businesses. In between, he also makes time for his family and
vacations
Sir Richard’s leadership style and characteristics are based on
some very simple and down-to-earth rules:
"I’ve had to create
companies that I believe in 100%. These are companies I feel will make a
genuine difference,” says Branson. “Then I have to be willing to find the time
myself to talk about them, promote them and market them. I don’t want to spend
my life doing something that I’m not proud of.”
Branson hires bright people, gives them a stake in his ventures
so that they are motivated to be even more successful and then delegates. While
his staff often takes care of the daily operations of a company, Branson
focuses his time more on the end user experience, doing publicity and promoting
his products.
Sir Richard is very thorough in hiring the right people. He is
known for bringing in good managers and getting them to stay. If they don’t
perform at an existing assignment he brings them into another venture where the
person is more likely to perform according to his capabilities. ”Look for the
best and you’ll get the best”, is his words. Firing people is seldom an option
to Sir Richard.
Richard Branson : Talking Management
In the end, you are left with the image of a man who enjoys what
he does, ensures he balances work and personal life, is a fair competitor who doesn't tolerate dirty tricks from others, and someone who leads from the front
a group of folks who are likely to follow him anywhere – because he truly cares
about them and the firms he owns.
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Sunday, 30 September 2012
My Role Model Leader
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