Friday, May 17, 2019
Jee Bezos leadership style Essay
Jeff Bezos was born in Albuquerque, New Mexico and from an early age he showed his mechanical placement developing intense and varied scientific interests. This is why his p arnts send him in a special course of instruction for gifted children where Jeff could nature his love about gadgets (Byers, 2006,).When his family moved to Florida, he discovered his neat passion, computers so he left his studies on Physics and got a degree on Computer science and galvanizing engineering (Sher human race, 2001)After his studies, Jeff Bezos started to work for Bankers Trust and at the age of 26 he became the youngest Vice prexy for the company (Byers, 2006).When he noticed in 1994 that internet usage was increasing by 2300% a twelvemonth (Hamalainen & Saarinen, 2007) he started to plan his next step, virago.He started Amazon in 1995 with 3 micro stations in his garage (Robinson, 2009) by selling books and today Amazon.com is one of the most preferable internet retail course of study where c ustomers bottom find Dvds, CDs, MP3 d possessloads, Books and toys. match to Economist (2000) Amazon.com is the most visited internet retail chopine in USA and one on top 3 in Germany, UK, France and Japan.THE IMPACT OF AMAZON.COMAmazon.com is today the largest electronic retail on world (Financial Times, December, 2011) and according to J. Bezos (Wired Magazine, December, 2011) Amazon is a cultural pioneer who lives to disrupt plain its business. It is now recognized by 55% of conscious population and it is part of our todays gloss (Spector, 2002, p20). The company spends almost 40% of their incomes on brand building (Margolis, 1999) and thats why Amazon.com is a trustableand a well-known brand name (Economist, 2000, Marketing, 1999). 70,000 people works today for Amazon and the company turns over 48 billion a course of instruction (The Telegraph, October, 2012).Amazon.com launched in November of 2007 flame E-book reader (Clark D., Goodwin S., Samuelson) and as Bezos puts it Millions of people owns now Kindles (Information Week, 2010). fit to Gonsalves (Information Week, 2010) Amazon sells 6 Kindles titles for every 10 hard books and this strategic move increased profits up to 71%.Jeff Bezos vision about Amazon.com is to be the most customer-centric company in the world (Mellali-Johnson, 2000) and according to them the conquest key of the company is innovation-innovation & innovation.J.BEZOS APPROACH TO LEADING AMAZON AND HIS KEY FACTORS THAT HAVE CONTRIBUTED TO HIS PERFORMANCE.He was named Man of the year 1999 (Time Magazine, 1999) and Business person of the year (Fortune Magazine, 2012).Jeff Bezos is a visionary entrepreneur attracter (Dyer, Gregersen, Christensen, December, 2009). consort to Moment (2004) the substantive traits of an effective entrepreneur is to be singular focus, self-driven, ambitious, achievement oriented, imaginative, independent and versatile.According to Quittner (1991) Bezos, naturally enough is un unnatural by the nay s aying. He asserts any(prenominal) instinctive characterics from early(a) leaders that makes him resist. Can he be described as a commodious Man/ Great leader?As Huczyonki and Buchanan puts it (2007, p699) Great man argon born leaders and emerge to take power regardless regardless of social, musical arrangemental or historical conditionOther researches on trait theories tried to specify the traits of a great leader ()and found hundreds on them but according to Kilpatrick and Locke(1991) these are the typical leadership traits drive to archive, need to lead, self-confidence, ability to withstand setbacks , honesty and integrity, standing firm, cognitive ability, knowledge of business, emotional resilient.When Bezos decided to quit from the fence Street Job, he had a bulletproof feeling that his new business plan for an internet establish retail platform would be his chance to move his ideas one step further (Academy of achievement interview, 2001).According to Stogdill (1948 , 1974) a great man is confident and he has a strong ego. A great man also has traits as honesty and integrity (Kilpatrick and Locke, 1991) and Jeff Bezos believe that one of the principal key of a leader is the courage to tell the hard truth (Butcher, Martin, Knaebel, M. Butcher, April, 2006)His collaborators and people that spend lots of time working with him subscribes Bezos as immensely likable man (Eskenazi, 2005) signs that shows us his very good social skills and they are surprised by his brainpower and the way that he inspires and lead his subordinates (NY Times, 2005) (signs of his intelligence and his motivation to lead)EXAMINE THE STYLE, APPROACH AND CONTENT OF THE lead DEMONSTRATED BY SPECIFIC EXAMPLESDaft (2009) subscribes Bezos as a strong charismatic and also a visionary entrepreneur leader (Dyer, Gregersen, Christensen, December, 2009).According to Sclooser and Todorovic (2006) there are communalities between entrepreneurs and charismatic leaders. Subordinates usual ly are attracted from the way that an entrepreneur charismatic leader shows his great passion on achieving goals, take risks, add appraise in the organization and how they control the business (Schlooser and Todorovic, 2006). According to Daft (2009) in organization like Amazon where growth increases and the leader (Bezos) provides his major goal for continued growth they are exited andfully committed.Bezos has also a great ability to adapt to change and he believes that doing only things that you know they works you cannot explore other things and lose lots of opportunities (The business journals, May, 2008)Amazon.com motto is Work hard, have fun and write history. According to Adair (1979) in order to increase the effectiveness of the group, leaders (managers) must find ways to cover collar basic needs of their subordinates, Task needs (work hard), individual needs (have fun) and Team maintance needs (write history). This approach is called Action-Centred lead and is part of Fu nctional Approach where attention is focused on the content of leadership and how the group of the subordinates is affected from the leaders behaviour.Bezos is also an situational leader, when Amazon had 2,9 million dollars in loses he changed his strategy from getting Amazon sizeable and faster to look inside the house(New York Times, 2005). Situational approach (Hessey and Blanchard, 1979) focuses in the situation where characterics of an effective leadership are depending on the situation.Furthermore Bezos is a transformational leader. Researchers in leadership argue that visionary and charisma are some of the characterics of a transformational leader (Mullins, 2010). A transformational leader inspires and gives vision about the next day of the organization and knows how to combine the archivements of subordinate with the organization goal (Kark andShamir, 2002). Shares are distributed for bonuses to the subordinates in order to motivate Amazon subordinates to see the big pict ure and to feel their participation to the organization goal.EVALUATE WHETHER JEFF BEZOS COULD HAVE BEEN AS EFFECTIVE IN A DIFFERENT CONTEXT OR ORGANIZATION, GIVING A CREDIBLE ARGUMENT FOR THIS SUPPORTED BY compose THEORYJeff Bezos has showed he can lead Amazon.com through change via his abilityto make it the most costume designer centric company in the world (Sherman, 2001). His visionary entrepreneur leadership style (Dyer, Gregersen, Christensen, December, 2009) allows the ability to fits in change (The business journals, May, 2008). His transformational leadership style (Burns, 1978) also indicates his charismatic way on leading his organization in different situations.Also, Jeff Bezos and Amazon made their move launching the new Kindle Fire HD tablets (Spencer, 2012). Kindle Fire Hd is now one of the most hi tech tablet gadgets in the world and apples IPad finally found a real competitor. According to Spencer (2012) Bezos and Amazon are planning some other big surprise for t heir competitors The new Kindle phone. These shows us that Bezos remains a real leader when the context of the company changes.Jeffrey Bezos is an entrepreneur and like the others entrepreneurs he is known by starting his own business so it is unknown his ability to lead an established organization. It can be said that he could feel not comfortable leading companies that are out of his area (computing & internet) but he also founded Blue ascendant a human spaceflight company (Boyle, 2006).According to these transferable skills and his traits (charisma, creativity, energy-drive, strong ego, honesty and integrity, social sills) he could lead different context companies in different situations.CONCLUSIONWe have discovered that Jeff Bezos is a strong visionary and charismatic entrepreneur leader with traits of a great man. He is also a situational and transformational leader with a great ability to inspire his suborders who really admires his brainpower and his way of doing the right t hings. He can adapt to change and his transferable skills make him able to lead different organization by his own way.Kark R, Shamir B (2002) The dual effect of transformational leadershipPriming relational and collective selves and further effects on followers. In Avolio BJ, Yammarino FJ (eds)_Transformational and Charismatic Leadership The Road Ahead_. Amsterdam JAI Press,67-91.a
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.