He also stresses on the importance of being a regular guy and making your employees feel important. He feels that praise goes much farther than criticism and he likes to make sure his people that work with him are taken care of. One example of this was when he won a lawsuit against British Airlines and was awarded $500,000 he divided the compensation amongst his staff... displayed 300 characters
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Branson is a very natural born leader and shows all the characteristics of the leadership trait theory. Battling dyslexia and struggling through school, he still managed to create this vast empire by adapting to his weakness and using it to his advantage. He was adaptable and knowing that in order to overcome his dyslexia, he decided to always keep things as simple as possible... displayed next 300 characters
He also stresses on the importance of being a regular guy and making your employees feel important. He feels that praise goes much farther than criticism and he likes to make sure his people that work with him are taken care of...
"As much as you need a strong personality to build a business from scratch, you also must understand the art of delegation," says Branson. "I have to be good at helping people run the individual businesses, and I have to be willing to step back...
In an interview with an online magazine Branson admits that he carries a notebook with him at all times. He confesses, '"I keep a notebook in my pocket all the time'and I really do listen to what people say, even when we're out in a club at 3 a...
He has said before, “Virgin Group is an organisation driven on informality and information, one that is bottom heavy rather then strangled by top level management”, (me and my virgin book) showing that he listens to people below the management level and cooperates and intakes ideas at all levels...
This decentralization of organizational structure and decision making allows an entrepreneurial environment for managers to pursue their businesses effectively, while avoiding the bureaucracy associated with large centralised corporations...
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