Leadership of Richard Branson
Richard Branson is arguably one of the most successful entrepreneurs of all time. Other great business leaders in his class include, but they are not limited to, Steve Jobs, Jack Welch, and Donald Trump. Although all have been hugely successful in their respective areas of operation, all the three leaders I have mentioned above have different leadership styles. This text concerns itself with the leadership of Richard Branson. In so doing, it will amongst other things take into consideration his leadership style and success at the helm of one of the world's most recognizable business brands, the Virgin Group.
The Leadership of Richard Branson
From the onset, it should be noted that Richard Branson is a charismatic leader. Charismatic leadership according to Lussier (2011, p. 337) "is a leadership style that inspires loyalty, enthusiasm, and high levels of performance." In that regard, therefore, a charismatic leader is likely to not only motivate, but also inspire team members. Close scrutiny of Richard Branson's leadership style reveals that he gathers followers and is able to inspire royalty by dint of his charm and personality. According to Griffin (2007, p. 340), "there are three elements of charismatic leadership in organizations that most experts acknowledge today." The first element the author identifies is the ability of the leader to not only envision the future, but also develop or formulate expectations, while at the same time modeling behaviors that are largely consistent with the accomplishment of the said expectations. For instance, whenever he establishes new operations, Branson, according to Walenius and Wasterstal (2010) is known to spend a lot of time "drawing the big picture and helping the management setting the business plan and the way forward." The second element of charismatic leadership, according to Griffin (2007, p. 340) is the ability to energize followers "through a demonstration of personal excitement, personal confidence, and patters of success." For instance, when Branson launched Virgin Cola back in 1994, he arrived at Times Square with a battle Tank. This symbolic move to set in motion a 'beverage battle' with well-established beverage makers like Coca-Cola is indicative of a confident business leader with enough courage to engage in that which is likely to stick into people's minds (Walenius and Wasterstal, 2010). It is this unique ability to energize followers by doing that which seems unusual that has seen Branson succeed where others would have failed. Lastly, yet another element of charismatic leadership is the ability to empower others by empathizing with them, offering them the necessary support, and demonstrating utmost confidence in their abilities (Griffin, 2007). In a well-written piece that appears on the website of the Virgin Group, Preston (2014) points out that it would be hard to find an employee who has ever seen Richard Branson raise his voice even in those situations that appear tough or challenging for an average manager. This is indicative of an individual who does not lose his cool and is, hence, able to share the feelings of others.
Virgin Group could easily be described as a fast-growing business entity whose more than 400 diverse business ventures spanning across various sectors have been largely successful. Being a multifaceted organization, the Virgin Group requires a custom approach to leadership -- which Richard Branson has successfully provided. One unique aspect of Branson is the ability to delegate work (Walenius and Wasterstal, 2010). As I have already pointed out elsewhere in this text, Branson has been known to spend a lot of his time in the active management of a newly established outfit. However, after he is done setting-up a clear path for the management to follow, "he takes a step back and lets the management get a stake in the business and drive it forward" (Walenius and Wasterstal, 2010). Next, it is also important to note that Branson is well adept at managing his time well. The relevance of effective time management for a leader at the helm of a multifaceted organization cannot be overstated. Indeed, as Walenius and Wasterstal (2010) point out, most of his efforts are put into the effective management of time -- most times equally dividing his time between promoting ongoing businesses, seeing through new projects, and solving emerging or existing problems. The ability to not only hire capable employees but also relate well with them is another unique aspect of Richard Branson that has seen him successfully lead the Virgin Group. As Walenius and Wasterstal (2010) put it, Branson "is very thorough in hiring...
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