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Title: Charismatic Leaders - Richard Branson
Description: Explanation of what defines a charismatic leader and why Richard Branson fits this description. Used in first year management module of accounting and finance degree.
Description: Explanation of what defines a charismatic leader and why Richard Branson fits this description. Used in first year management module of accounting and finance degree.
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Charismatic
A charismatic leader is inspiring
...
This type of leader will often create a detailed vision of
future success, which can give employees a goal to work towards, therefore
motivating them to work harder
...
Charismatic leaders are particularly skilful at making dramatic changes due to
their motivational attributes; this means that they are often chosen to take
charge of a task when a new product line is being introduced or if a
completely new strategy needs to be adopted and undertaken within a
business
...
This ability stems from
the trust that the leader is able to create within his/her relationship with
employees
...
A good example of a charismatic leader is Martin Luther King
...
He gave hope
that the situation would improve, which motivated people and brought them
together, whilst establishing trust between himself and his audience
...
This is because a charismatic leader has skills
in taking charge of a project involving dramatic change and making it
successful
...
In addition to this, he has
been involved in many different markets including: train travel, television,
broadband, mobile phone networks, banking, cosmetics, fitness and drinks
...
This is also demonstrating his ability to create an
ambitious vision – an important characteristic of both charismatic and
transformational theories
...
This is an example of
transactional leadership as a lot of careful planning and organisation was
involved
...
As it has been
mentioned, he employed leaders with the right skills for the job and provided
them with the tools needed to motivate both themselves and other employees
...
Through all of these tools Richard Branson became the face of the
Virgin brand
...
He puts great importance on the motivation of his employees and this
has been an essential part of his brand’s success
...
Title: Charismatic Leaders - Richard Branson
Description: Explanation of what defines a charismatic leader and why Richard Branson fits this description. Used in first year management module of accounting and finance degree.
Description: Explanation of what defines a charismatic leader and why Richard Branson fits this description. Used in first year management module of accounting and finance degree.