Within this example there is a fundamental example of the strategy twists used by Li, i.e. The private and presale real estate tactic, which in many ways was before its time, and likely served as an example to many property developers since that time. This rather simplistic but nonetheless effective linear model of Li's business life exemplifies the spirit of entrepreneurship. Li has, from his first tentative steps in business proved his ability to be in constant development. He is clearly a risk taker and has accepted both reward and loss as a result, markedly more rewards than losses. Lastly, Li demonstrates through his vast network of diversified holdings an ultimate desire to stay ahead of the game and be fiercely independent in doing so.
In 2010, Li was reported to have invested 7.5 million in an emerging market trade company headed by the U.S.'s titled, "Lord of Liquidity" Berry Silbert, named SecondMarket, which specializes in shares trading of privately held firms in a market competing with the stock market. Silbert's concept is a fresh one and the strategy is said to be based on his experience dealing with difficult trades in properties that were illiquid and therefore difficult to market trade and absolve. Even at 83 years old Li is still seeking new and emerging investments in new and emerging markets. (Bertoni, 2010, p. 39)
Clearly Li's leadership style, no matter how secretive elicits respect and his drive and motivation gets results. If I had to guess, based on Li's business and biographical information he would likely be titled as someone utilizing the breakthrough leadership style, though he is likely to rely heavily on traditional Chinese social and business standards. Li seems to be in constant motion seeking new and unique ideas, challenges and investments. Additionally, it is also important to note the Li exemplifies the entrepreneurial leadership style, with a constant sense of motion and innovation, coupled with drive and creativity. Though this is partly an educated guess it is likely that Li is extremely charismatic and serves as an example to those around him regarding drive commitment and probably mostly the inciter of hope. Li, came from nothing to become China's richest man, and though he likely hit on a couple of really lucky first ventures he did so with great skill and developed these lucky ventures to their fullest potential and then moved forward in a way that many find motivational. Li Ka-shing, serves as an example to anyone who seeks to build and grow in business, and to lead through the example of success.
Resources
(2001). The best and the rest. Economist, 359(8216), 7-9. Retrieved from Business Source Premier database November 28, 2010. http://0-search.ebscohost.com.library.pcc.edu/login.aspx?direct=true&db=buh&an=4305081&site=ehost-live
(2009). Heroes of Philanthropy. Forbes Asia, 5(4), 43. Retrieved from Business Source Premier database November 28, 2010. http://0-search.ebscohost.com.library.pcc.edu/login.aspx?direct=true&db=buh&an=37251609&site=ehost-live
(2009). Tycoon invests in Spotify. Campaign (UK), (34), 6. Retrieved from Business Source Premier database November 28, 2010. http://0-search.ebscohost.com.library.pcc.edu/login.aspx?direct=true&db=buh&an=44209942&site=ehost-live
Bertoni, S. (2010). Lord of Liquidity. Forbes, 185(10), 38-40. Retrieved from Business Source Premier database November 28, 2010. http://0-search.ebscohost.com.library.pcc.edu/login.aspx?direct=true&db=buh&an=50734989&site=ehost-live
Campbell, C. (2008). At least the hits keep coming. Maclean's, 121(14), 53. Retrieved from Business Source Premier database November 28, 2010. http://0-search.ebscohost.com.library.pcc.edu/login.aspx?direct=true&db=buh&an=31607221&site=ehost-live
Chandler, C. (2007). Li Ka-shing. Fortune International (Europe), 156(11), 46. Retrieved from Business Source Premier database November 28, 2010. http://0-search.ebscohost.com.library.pcc.edu/login.aspx?direct=true&db=buh&an=27686894&site=ehost-live.
Einhorn, B. (2008). No Retirement Age for Asia's Billionaires. BusinessWeek Online, 13. Retrieved from Business Source Premier database November 28, 2010. http://0-search.ebscohost.com.library.pcc.edu/login.aspx?direct=true&db=buh&an=28101899&site=ehost-live.
Flannery, R., Chen, M., Cao, D., & Burkitt, J. (2009). Hong Kong's 40 Richest. Forbes Asia, 5(2), 38-41. Retrieved from Business Source Premier database November 28, 2010. http://0-search.ebscohost.com.library.pcc.edu/login.aspx?direct=true&db=buh&an=36922265&site=ehost-live
Hvistendahl, M. (2008). China Entices Its Scholars to Come Home. Chronicle of Higher Education, 55(17), A20. Retrieved from MasterFILE Premier database November 28, 2010. http://0-search.ebscohost.com.library.pcc.edu/login.aspx?direct=true&db=f5h&an=35948090&site=ehost-live
Larkin, S.M. (2010). Li Ka-shing 1928 -- Biography . Reference for Business: Encyclopedia of Business 2nd edition. Retrieved November 28, 2010 from: http://www.referenceforbusiness.com/biography/F-L/Li-Ka-shing-1928.html.
online retailing operates, what kind of problems they face and the kind of environment they operate in. The author has also focused on Asian online retailing and special focus on Hong Kong online retailing. It has 22 sources. Access of basic necessities of life has followed the conventional method of buying and selling. This pattern changed in the last decade with the emergence of information technology age. When consumers have
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now