Case Study Henry Ford And Oprah Winfrey

CASE STUDY 1: Henry fording A Great Innovator Question 1: Identify and appreciate the qualities that thresh an entrepreneur and a leader. leading is the use of non-coercive influence to presumption the goals of a group or organization, to motivate behaviour toward reaching those goals and to help determine the group or organizational fail (Yukl, 2005)1. Leaders establish stress by developing a vision of the future; hence they align people by communicating this vision and inspire them to over pass mangle hurdles. They be relies much than on personal power and focuses much on penury and communication. Entrepreneurship is a process of initiating a course venture, organizing the necessary resources and expect the associated risks and rewards (Kuratko and Hodgetts, 1998)2. Entrepreneurs are actually leaders of origin and change. They inspire themselves to come bring out viable ideas for new business, products or services. Most of the era, they leave all make finding and join all necessary resources to tractor trailer the business venture. Entrepreneurs are decisive, they dissipate risks and they act impulsively on gut feelings. They assume the risks and depict the rewards or profits of the business.

For get over case, he was in predicament as to whether to choose the gambling of General Superintendent in EIC or accepting an testify from DAC as mechanical super to fulfil his dream on gas engine. And its non stopping there, he to a fault incur taken so many risks on commit money and resources on innovating new car models and salvage innovating from time to time. Successful entrepreneurs have an unwaivering, total belief in them and neer allow anyone or anything to dispel that belief. They have the aptitude to limit back afterward bankruptcy. Like Ford, he bound about blow twice as a businessman and this failure never daunted him. As what he said we see to it more from our failures than from our successes. He is headstrong and able to endure rejection and set backs....If you inadequacy to get a full essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper