He does, however, have a charismatic personality that gets other people excited about his ideas. In some ways, Branson is too flexible to fit into the visionary leader category. While he rolls with the punches better than most visionary leaders, he does have high expectations. I certainly would have failed IQ tests. And it was one of the reasons I left school when I was 15 years old.
Fantastic people throughout the Virgin Group run our businesses, allowing me to think creatively and strategically. Every business, like a painting, operates according to its own rules. There are many ways to run a successful company. What works once may never work again. What everyone tells you never to do may just work, once. There are no rules. But with extreme wealth comes extreme responsibility. And the responsibility for me is to invest in creating new businesses, create jobs, employ people, and to put money aside to tackle issues where we can make a difference.
Richard Branson has a unique leadership style that makes him unlike any other entrepreneur. He takes genuine joy in his work and loves challenging ideas.
He told about his own leadership approach in that interview. High Confidence Level: He is a highly confident person. He has confidence in his own work. For example, he recruits an individual person for individual jobs.
While he selects a person, he needs to select a perfect one. And he is very much confident about making this kind of decisions. When he select a person for his business, he can do it very easily as he knows about different types of personality. The Ability to Delegate: Richard Branson believes in the delegation. Richard Branson can easily learn about different types of personality and their expertise.
He believes, people should be given freedom, and he acts accordingly. When I set up Virgin Records, I even decided to separate myself physically from the company, by moving into a houseboat.
Willingness to Listen and Learn: As a business leader, you need to listen and learn new things in every step. You need to have current information about the industry and the organization as well. No matter what, as a leader you need to be very attentive to the words which are being delivered by your followers.
While talking with Forbes, he claimed that learning and leadership skills go hand in hand. He has introduced more than companies. From the student life, he has been commencing new companies. Recently, he has launched his new idea commercial space traveling. Selecting Leaders: Richard Branson is directly involved in the process of hiring new employees in his organization. How often we think of communication as "telling more," giving more directions, and sharing more of our point of view when all our most valued employees want is to be heard.
For Branson, the best of leaders instinctively understand that communication is a two-way street. Here's Branson:. That's a very Virgin trait. Listening enables us to learn from each other, from the marketplace, and from the mistake that must be made in order to get anywhere that is original and disruptive. An exceptional company is the one that gets all the little details right.
And the people out on the front line, they know when things are not going right, and they know when things need to be improved. And if you listen to them, you can soon improve all those niggly things which turn an average company into an exceptional company,". At Virgin, they encourage and even celebrate failure. There's an underlying theme there that, without trying something new and failing, it's virtually impossible to innovate and grow.
And Branson has certainly failed over the years.
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