Leadership theories that best explain Richard Branson

The best leader

THEORIES
DISTINCTIVE TRAITS

Great Man Theory
This theory makes an assumption that leadership is intrinsic in that great leaders are born but not made. This theory was popularized by Thomas Carlyle, a writer and a teacher. He believed that great leaders are those who are destined by birth to become a leader and furthermore, he believed that great leaders will rise when confronted with the appropriate situation. (Grinin, 2010)

Trait Theory
Trait leadership is defined as integrated patterns of personal characteristics that reflect a range of individual differences and foster consistent leader effectiveness across a variety of group and organizational situations (Zaccaro, Kerop, & Bader, 2004). The theory makes an assumption that people are born with inherited traits. In addition, it assumes that some traits are particularly suited to leadership. Furthermore, people who make good leaders have the right (or sufficient) combination of traits.

Behavioral theory
This theory assumes that leaders can be made rather than to be born. It also assumes that successful leadership is based on definable, learnable behavior. Behavioral theory is easy to develop as you simply assess both leadership success and the actions of leaders.

Contingency theory
The theory assumes that the leaders ability to lead is contingent upon various situational factors, including the leaders preferred style, the capabilities and behaviors of followers and also various other situational factors.

Transactional leadership
Transactional leadership is based in contingency, In that reward or punishment is contingent upon performance. The theory assumes that people are motivated by reward and punishment. Moreover, it assumes that social systems work best with clear chain of command. It also assumes that when people have agreed to do a job, a part of the deal is that they cede all authority to their manager. In addition, it assumes that the prime purpose of a subordinate is to do what their manager tells them to do.

Transformational leadership
The theory assumes that people will follow a person who inspires them. It also assumes that a person with vision and passion can achieve great things. In addition, it assumes that the way to get things done is by injecting enthusiasm and energy.
The essence of transformational leadership is that leaders transform their followers through their inspirational nature and charismatic personalities.

Arguments for and against leadership theory as an effective approach.

Theory
Arguments that support
Arguments that are against

Great man theory
William James argued the importance of Great man to the surrounding environment.
Herbert Spencer argued that attributing historical events to the decisions of individuals was a hopelessly primitive, childish ad unscientific.

Trait Theory:
Provide a strong correlation for aggregate behaviors.
Traits do a poor job of predicting behavior in every situation.
They require personal observation of one’s own behavior.
It only provides information on how an individual should behave but does not explain.

Behavioral theory
Support the fact that leadership traits can be learned though development and experience.
Just because people learn through behavior and experience does not mean they can practice it.
Lack of knowledge on how to use it in various cultural contexts.

Contingency theory
Grounded in empirical research
Emphasize the importance of a leader’s style and demands of different situations.
Difficult empirical testing
Reactive ad not proactive

Transactional leadership
It is easily achievable
Composed of a structure that is clear and precise.
Has undependable rules and policies
It does not encourage creativity

Transformational leadership
It is positively associated with employee outcome

Richard Branson
Leadership theories that best explain Richard Branson
Richard Branson the best leader I have ever interacted with. Some of the theories that best define him as a leader include: Great Man theory. This theory best explain him in that he was born a leader. Despite being born dyslexic and his difficulties in school, at the age of thirteen he tried to plant Christmas tree ad at fifteen years, he launched the magazine Student which made huge sales.
From day one he had traits to become a great leader. Trait theory is best define him since his traits showed itself from his young age of success starting with Student magazine to a record business to airline and may other businesses.
I addition, transformation leadership defines Branson’s. He had the enthusiasm and energy to be successful. His hard work and vision transformed the people he worked with him. He took to his hands the work to advertise his airline (Virgin Atlantic) taking a big risk through advertisement using air balloon. He also made risks to expand his business despite people working close to him seeing it as impossible.
Ideal leadership Skills
Branson exhibited great leadership skills that grew his business empire. He inspires and motivates others. Despite being born dyslexic and childhood difficulties he inspires people that you can be great no matter the circumstance. Despite British Airways tarnishing his airline brand, he worked hard to ensure that his airline was back in business through advertisement using air balloon and also seeking more funds by selling his recording studio.
He also was creative which is evident with the many businesses he created. He worked hard creating one business to another and expanding his already existing businesses. In addition he had a positive attitude. It is with this that he was able to create many businesses and also working hard to overcome his business challenges. Despite being charged for tax evasion at a younger age he came out strong by ensuring that such a thing never happens. Also despite the marketing challenges he took it in his hands to market his brad.
He also holds a good intuition. He is able to lead a big team, partner with other people to ensure that his business grows.
Theory that best guide me to leadership
Behavioral theory will best guide me to being a good leader. I believe that with this I will be able to learn from others. I will be able to assess the leadership skills ad approaches that made the most successful leaders to reach the great heights they are at. I addition to this I will be able to learn from their failures and how they worked hard to get out of this failures to the success they now possess. It will also help me know the best approach as a leader.
 
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