Subject: Differences between Richard Branson and Vijay Mallya Analytical Summary This report analyses the differences between the leadership of Virgin Group’s Founder Richard Branson and UB Group’s Chairman Vijay Mallya. The two leaders operate in a wide range of industries‚ and live very public lifestyles‚ promoting both themselves and their companies through their activities. This is done with a view to determine which leadership style is better suited to the environment they are operating in
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According to Stone‚ Russell & Patterson‚ (2003)‚ transformational leadership is a kind of leadership style that can inspire and stimulates positive changes in individuals that follows. Transformational leaders are usually emotionally intelligent‚ energetic‚ passionate‚ and fervent. Transformational leader also concentrated on assisting every follower of the group succeed as well. Transformational leaders are individuals‚ who encourage and inspire followers together to attain astonishing values and
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TRANSFORMATIONAL AND TRANSACTIONAL LEADERSHIP STYLE ABSTRACT In this global competitive environment‚ effective leadership style is necessary to reduce the attrition rate. From the effective leadership styles only it is possible to achieve organizational goal productively. This paper wanted to see the transformational and transactional leadership style. Where Transformational leadership can be categorized into Charisma‚ Inspiration‚ Intellectual Stimulation and Individualized Consideration. While
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Bass’ Transformational Leadership Theory Christy Duvigneaud Capella University Abstract Bass’ Theory of Transformational Leadership provides a framework and foundation for managers and leaders in human services organization to develop a contemporary approach relative to the roles‚ relationships‚ and resource capacities that drive their professional positions and sustain the respective institutions. In fact‚ there is quite a bit of scholarly research extolling the benefits of such a leadership
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There are over 781‚ 000‚ 000 results when you type leadership into the search engine. Whether it is leading a classroom‚ coaching a football game‚ or governing a state‚ most individuals have been in leadership role at some point in their life. While some leaders are thrust into their roles‚ others are more willing to take on a new leadership role. One thing remains true; there is no one and only way to lead. However‚ for the past few decades leadership theories have evolved and been the source of many
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A. Problem Summary “Richard‚ you will end up in prison or as a millionaire”. These are the words of the headmaster of Stowe‚ a private boarding school Branson dropped out at 17. His success started by publishing a magazine called Student‚ then he moved on to mail order records. This is where the Virgin Group started. Richard Branson has developed his brand in a large variety of markets. The over-familiarity of the Virgin brand has caused the consumers to not take the brand in a serious manner
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Transformational versus Transactional Leadership Leadership and Team Development-Fall 2011 Abstract This research paper addresses various aspects of transformational and transactional leadership styles. It mainly presents a comparative overview of these leadership styles. Further‚ it talks about an example of each transformational and transactional leadership in real-world. This leads to mentioning various applications that each leadership style finds in today’s business. Analysis of strengths
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Morality in Transformational Leadership Style I. Leadership This article aims to discuss the weakness of transformational leadership style. As we know there are two kinds of leadership styles namely the transformational and transactional leadership. Leadership occupies a strategic position and is absolutely necessary in an organization‚ where relationships happen between two people or more in achieving organizational goals. So that the position of a leader in the organization has a very important
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Transformational Leadership Position Paper on a Case Study and Strength/Weaknesses While researching and reading about Transformational Leadership I ran across an Italian Proverb: “A rotting fish begins to stink at the head.” This quote sums up what transformational leadership means to me. Regardless if the leader is encouraging what society views as positive or negative behavior‚ the fact that he/she is influencing those below him/her is what matters most. Some of the great leaders who possessed
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4I Model for Transformational Leadership In 1985‚ the industrial psychologist Bernard Bass identified and wrote about four basic elements that underlie transformational leadership which is known as 4I model: 1. Idealized Influence(II) 2. Inspirational Motivation (IM) 3. Intellectual Stimulation (IS) 4. Individualized Consideration (IC) Idealized Influence (II) Transformational leaders play-act as role models and exhibit a magnetic personality that shape others to want to become more like the leader
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