A leader in innovative technology The Microsoft Corporation has been a giant in the software industry for over three decades. If you believe in something strongly and one day or the other, you will end up attaining it. But with time, people will come to accept their silicon masters. This should be the determination and optimism that should touch all the leaders of today. Continuous innovation and the hunger to create the perfect products can still be seen in his products.
But with time he has understood the importance of delegation and has formed a team of capable managers and thus now delegates most of his work. In terms of power that he enjoys because of his position as the co-founder and chairman of Microsoft, Bill Gates uses Rational Persuasion when dealing with high-level managers. Much of the initial work in leadership theory revolved around the idea of identifying the traits of popular political and military heroes such as Caesar, Wellington, Roosevelt and Churchill. Charismatic leadership in crises: its origins and effects on performance. He always prefers to focus on future rather than be distracted by present challenges.
Because the transactional leadership theory is built around the theories of Maslow and McGregor, the model emphasizes the importance of a reward and punishment system. Organization science,4 4 , 577-594. One of the most commonly referenced transactional leaders in our world today is Bill Gates, who has been known for his emphasis on rigid structure, hierarchy, and on his reward and punishment system in order to achieve results. Thus we see that Bill Gates was an effective leader as almost the entire world not only follows him but worships him. Four dimensions of reward and punishment For the leadership framework to work efficiently, a system of reward and punishment must be established. Bill Gates keeps adding to his knowledge by learning from those who have succeeded in their own fields.
If you perform your tasks as is expected of you, you will be rewarded for it. He has also demonstrated why he is a good role model for those who want to become leaders themselves. The leadership quarterly, 10 2 , 285-305. Below are some leadership qualities of Bill Gates. Bookmarked this website page, will come back for more articles.
Join one of the world's most trusted leadership experts, in his upcoming. They have the tendency to challenge others. Such an individual would hardly fail because they are able to avoid the mistakes that others like them made in the past. Gives autonomy to his manager, he delegates authority to managers to run their independent departments. Moreover, reading helps Bill Gates to explore a new area or domain of knowledge. This is beneficial in emphasizing the positive behaviors and understanding the steps to a more productive process. Gates married Melinda French on January 1, 1994.
The company wanted to hire in more software people and develop a full product line. The Traf-O-Data company lasted until Gates left for college. He was born to William Henry Gates Sr and Mary Gates. Windows software has both, lovers as well as haters. Australian Health Review, 34 3 , 344-351. Assumption 2: Subordinates can be motivated by rewards and punishments.
This took seemingly endless hours. Patrick adapted to the world in which he was in. He is also a master of using real options to manage uncertainty. His leaderships skills combined with passion has helped him in attracting the very best latent because they believed in Bill Gates. While experienced leaders may have found success with a specific type of leadership style — whether it be charismatic, transformational, or transactional leadership — sometimes different situations and different team members require different approaches to leadership.
Critical thinking is going to play a big part in my plan for success; it will help me to improve upon myself and to make better decisions, not only in my personal life but in my career as well. He does not believe in reading e-books but prefers reading the hard books in order to enhance his understanding of the world. This is a question endlessly debated in startup circles. Flexibility to adapt, openness to feedback, and the ability to learn One of the biggest issues I see in my work at with entrepreneurs is learning how to listen and judge feedback. This was the beginning of the rise of Microsoft.