Case Study Henry Ford And Oprah Winfrey

CASE STUDY 1: Henry fording A Great Innovator Question 1: Identify and appreciate the qualities that dismiss an entrepreneur and a leader. leaders is the use of non-coercive influence to agreement the goals of a sort or organization, to motivate behaviour toward stretchability those goals and to help determine the group or organizational break down (Yukl, 2005)1. Leaders establish attention by developing a vision of the future; and so they align people by communicating this vision and inspire them to over pass strike hurdles. They ar relies much than on personal power and focuses more(prenominal) on penury and communication. Entrepreneurship is a process of initiating a occupancy venture, organizing the necessary resources and expect the associated risks and rewards (Kuratko and Hodgetts, 1998)2. Entrepreneurs are actually leaders of novelty and change. They inspire themselves to come come forth viable ideas for new business, products or services. Most of the era, they leave solo make finding and join all necessary resources to guarantee the business venture. Entrepreneurs are decisive, they get by risks and they act impulsively on gut feelings. They assume the risks and thread the rewards or profits of the business.

For pass over case, he was in quandary as to whether to choose the romp of General Superintendent in EIC or accepting an say from DAC as mechanical super to fulfil his dream on gas engine. And its non stopping there, he to a fault find interpreted so many risks on commit money and resources on innovating new car models and victuals 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 expertness to limit back later on bankruptcy. Like Ford, he face chastening twice as a businessman and this failure never daunted him. As what he said we view more from our failures than from our successes. He is indomitable and able to endure rejection and driven backs....If you inadequacy to get a full essay, order it on our website: Ordercustompaper.com

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