Case Study Henry Ford And Oprah Winfrey

CASE STUDY 1: Henry fording A Great Innovator Question 1: Identify and apprize the qualities that dispose an entrepreneur and a leader. Leadership is the use of non-coercive bow to stipulation the goals of a group or organization, to motivate doings toward stretchiness those goals and to help determine the group or organizational last (Yukl, 2005)1. Leaders establish direction by growing a vision of the future; then they align mint by communicating this vision and inspiring them to over scrag off hurdles. They are relies much than on personal business office and focuses more on penury and communication. Entrepreneurship is a process of initiating a business venture, organizing the necessary resources and expect the associated risks and rewards (Kuratko and Hod substantiatets, 1998)2. Entrepreneurs are actually leadership of innovation and change. They inspire themselves to come out viable ideas for young business, products or services. Most of the era, they leave alone make determination and assembling all necessary resources to tackle the business venture. Entrepreneurs are decisive, they take risks and they act impulsively on gut feelings. They deport the risks and reap the rewards or profits of the business.

For Ford case, he was in dilemma as to whether to choose the frolic of General overseer in EIC or accepting an adduce from DAC as machinelike superintendent to fulfil his dream on gas engine. And its not stopping there, he to a fault deport taken so many risks on commit bullion and resources on innovating new car models and ke ep innovating from time to time. ! productive entrepreneurs have an unwaivering, total belief in them and neer lease anyone or anything to dispel that belief. They have the capacity to limit sand after bankruptcy. Like Ford, he faced failure doubly as a businessman and this failure never daunted him. As what he said we learn more from our failures than from our successes. He is persistent and able to endure rejection and set backs....If you inadequacy to get a full essay, order it on our website: BestEssayCheap.com

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