Case Study Henry Ford And Oprah Winfrey

CASE STUDY 1: Henry fording A Great Innovator Question 1: Identify and calculate the qualities that dispose an entrepreneur and a leader. Leadership is the use of non-coercive charm to stipulation the goals of a group or organization, to motivate conduct toward stretchiness those goals and to help determine the group or organizational last (Yukl, 2005)1. Leaders establish direction by growth a vision of the future; then they align muckle by communicating this vision and inspiring them to over rejoin off hurdles. They argon relies much than on personal strength and focuses more on penury and communication. Entrepreneurship is a process of initiating a business venture, organizing the necessary resources and expect the associated risks and rewards (Kuratko and Hod cutts, 1998)2. Entrepreneurs are actually leadership of innovation and change. They inspire themselves to come out viable ideas for bare-assed business, products or services. Most of the era, they leave alone make finding and assembling all necessary resources to tackle the business venture. Entrepreneurs are decisive, they take risks and they act impulsively on gut feelings. They abide the risks and reap the rewards or profits of the business.

For Ford case, he was in dilemma as to whether to choose the frolic of General superintendent in EIC or accepting an adduce from DAC as machinelike superintendent to fulfil his dream on gas engine. And its not stopping there, he to a fault realize taken so many risks on commit funds and resources on innovating new car models and keep innovating from time to time. self-made en! trepreneurs have an unwaivering, total belief in them and neer throw overboard anyone or anything to dispel that belief. They have the capacity to limit corroborate after bankruptcy. Like Ford, he faced failure doubly as a businessman and this failure never daunt him. As what he said we learn more from our failures than from our successes. He is persistent and able to endure rejection and set backs....If you inadequacy to get a full essay, order it on our website: OrderCustomPaper.com

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