Evaluate the leadership characteristics, skills and knowledge of the business leader you selected that allowed him or her to lead an organisation in today’s economic environment.
The leadership styles might refer to the approaches and the manners which is used for providing the direction to the concerned employees, the implementation of the plans and thereby providing the employees with the needed motivation. The leadership styles might be observed by the employees to be the combined amount of the various implicit as well as the explicit actions that are undertaken by the concerned leaders (Rubin, 2013). Starbucks Corporation, an American company dealing in coffee and a chain of coffeehouses, might boast of having one such leader who demonstrated highly appreciable leadership skills, the past CEO of the company, Howard Schultz. The following essay deals with the various characteristics, knowledge and skills of the leadership that was followed by the eminent leader. The essay further tends to look into the matters that pertain to the earlier experiences of the leader and the influences of these experiences on the leadership style that is depicted by the concerned leader in discussion. The essay further proceeds to discuss the development of the leadership skills and characteristics within the leader. The essay finally nears its conclusion with the discussion of the various leadership approaches, concepts and methods that are implemented by the concerned leader in the concerned organization that he had been serving, Starbucks Corporation in this case.
Starbuck Corporation is one of the most successful business organizations in the world. This extreme amount of the success that the company has faced is often credited to the CEO and the Chairman of the concern, Howard Schultz. The position that is held by Starbucks Corporation in the present-day industry might highly be attributed to the apt leadership style that has been depicted by the concerned leader in discussion. The leadership style that is majorly depicted by the concerned business leader in discussion, Howard Schultz of Starbucks Corporation is the transformational leadership style (Eisner, 2016). The transformational leadership style generally refers to the leadership style wherein the concerned leader is observed to be working with the concerned team in order to deal with the various matters that might arise in the identification of the changes that are to be implemented within the organization (Odumeru & Ogbonna, 2013). The transformational leader is known to be dealing with the various factors that are related to the creation of the vision that is needed for providing the guidance to the area of the change that is experienced by the concerned business organization. The transformational leader is known to be highly responsible in the instances that help in providing the concerned members of the organizational workforce with the needed inspiration that is needed to bring about the change that has been detected in order to help in the overall improvement of the organization (McCleskey, 2014). The transformational leader is also known to be helpful in the execution of the needed change by collaborating with the concerned members of the concerned business organization, the Starbucks Corporation in this case (Leavy, 2016). The leader in discussion, Howard Schultz of Starbucks Corporation is also known for the implementation and the strict adherence to the various ethical practices in the concerned business. This might have helped the concerned business organization, Starbucks Corporation, to secure the position in the market that it enjoys in the recent times.
Howard Schultz, born in the year 1953, is one of the most famous businessmen in America. The eminent businessman was primarily appointed as the CEO of Starbucks Corporation for the duration of 4 years since 1986 to the year 2000 and was re-elected for the same post for a longer duration of 10 years starting from the year 2008 to the year 2017 (DuBrin, 2016). The organizational leader was appointed as the executive chairman of the well-known American company dealing in coffee and a chain of coffeehouses, Starbucks Corporation from the year 2017 to the year of 2018. The eminent leader had announced his retirement from the post of the executive chairman of the concerned company, Starbucks Corporation that is to be effective from the 26th of June, 2018 following which the leader would be adorning the office of the chairman emeritus of the company. It is rumored that the eminent leader has been ambitious for the presidentship of the United States of America (Sorkin, 2018). The leader is further known to head a number of businesses apart from his involvement with the American company dealing in coffee and a chain of coffeehouses, Starbucks Corporation. The concerned business leader is known for the display of the skills and the leadership styles that are related to the transformational leadership styles. The concerned leader is known to have motivated his employees by encouraging them to work as a team and thereby bring about an improvement in the overall performance of Starbucks Corporation. Schultz was also a member of the board of Directors at Square Inc., a San Francisco based company that deals in the financial services, aggregator of the market services and the mobile payments (Gasparro, 2018). The concerned business is also known for the fact that he co-founded a venture capital organization that deals with the investments in the various businesses that are customer-centered with a major focus on the technologically-enabled services and products that are related to the fields of commerce, health and wellness and education. The corporate leader was known to have been ranked 288th among the richest members who have been residing all over the country of the United States. The net worth of Howard Schultz has been calculated to be almost $3.1billion as on the month of April, 2017 (Forbes.com., 2018).
The leader is observed to have been depicting the leadership skills that are implemented within the American company dealing in coffee and a chain of coffeehouses, Starbucks Corporation, in a very natural manner. The leader seems to have been adapting the various leadership skills on his journey in the concerned American company dealing in coffee and a chain of coffeehouses, Starbucks Corporation. The implementation of the various leadership skills that are depicted by the concerned leader has helped the concerned organization to have attained a respectable position within the concerned market as well as in the global market (Koehn, Helms & Mead, 2003). The concerned leader in discussion, Howard Schultz of Starbucks Corporation, an American company dealing in coffee and a chain of coffeehouses seems to have been learning and adapting to the various situations that have been arising while he had been serving the organization. The leader is observed to have been demonstrating a huge amount of interest in working with the Starbucks Corporation, an American company dealing in coffee and a chain of coffeehouses. The business leader has also demonstrated the ability of suggesting various innovative ideas within the organization and thus aiding the improvement of the organization in terms of the overall performance of the concerned company. The innovative idea and the constant determination to help the concerned company to achieve a certain place in the competitive market has been the major point behind the success of the eminent business leader (Flamholtz & Kannan-Narasimhan, 2013). The net worth of the business leader in the year 2018 according to Forbes is a huge amount of almost 260 crores USD. The concerned business leader in discussion, Howard Schultz of Starbucks Corporation, an American company dealing in coffee and a chain of coffeehouses, has been known to depict the characteristics of a leader in the early days of his career with the Starbucks Corporation, an American company dealing in coffee and a chain of coffeehouses
The leader showed the various qualities that are needed for the smooth operations of the concerned organization and the proper management of the staff of the company. The concerned leader in discussion might be termed to be one of the fifty greatest leaders who have been existing in the global business world (Kotter, 2013). This is due to the fact that the concerned leader has depicted a trait of hiring the appropriate person for the job at hand. The selection and the appointment of the proper staff member might have a huge impact on the matters that pertain to the overall performance of the concerned company in discussion, Starbucks Corporation. The leader has demonstrated the skills of having the intuitive skills in the matters that pertain to the leadership of the company. The CEO of the Starbucks Corporation is k own to demand similar skills within the other managerial staff members of the company. The leader is also known to depict the skills that are needed to provide the concerned staff with the needed motivation in order to help them deliver the best of their services towards the company which in turn will help in bringing about an improvement in the overall performance of the company (Mohrman, O’Toole & Lawler III, 2017). The leader is also known to have been maintaining the consistency in the matters that pertain to the delivery of the products and the services to the concerned clientele of the organization (Fitzgerald, 2013). This has helped in the matters that pertain to the development of the goodwill of the company. The leader is also known for taking good care pf the various employees of the concern as well (Braun et al., 2013). The employees of the concern are known to be offered with various facilities that have been introduced in order to motivate the employees. The concerned employees of the company are known to enjoy various perks as well as variable and shifting schedules which helps them to keep in touch with the other activities wherein they might be involved (Weaver, 2016). The concerned employees also receive benefits in the matters that pertain to the educational courses that they might have been pursuing while serving the company on a part-time basis (Kark & Shamir, 2013). The leader is also known to respect the inclusion of the employees belonging to the various cultural backgrounds and welcome the diversity that has been existent within the workforce of the famous Starbucks Corporation. The leader opines that the inclusion of the employees of the various cultural backgrounds leads to the diversity among the staff members and thus might help in the development of the company. The leader is further known not to discriminate among the employees on the basis of their personal choices thereby leading to the conditions wherein the employees could communicate freely with the concerned leader and the management of the company.
Thus, from the above discussion it might be stated that the concerned leader in discussion, Howard Schultz of Starbucks Corporation, an American company dealing in coffee and a chain of coffeehouses, is a great leader who has been known for the integration of the transformational leadership within the concern along with the retainment of the soul of the concerned business organization. The huge amount of the success that Starbucks Corporation has faced is often credited to the CEO and the Chairman of the business organization, Howard Schultz. The position that is held by Starbucks Corporation in the present-day industry might highly be attributed to the apt leadership style that has been depicted by the concerned leader in discussion, Howard Schultz.
References
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DuBrin, A. J. (2016). Leadership: research findings, practice, and skills (8th ed.). Mason, OH: South-Western Cengage Learning.
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Forbes.com. (2018). The Richest People in America List. Retrieved from https://www.forbes.com/forbes-400/list/7/#version:static
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Sorkin, A. (2018). Howard Schultz to Step Down as Starbucks Executive Chairman. Retrieved from https://www.nytimes.com/2018/06/04/business/dealbook/starbucks-howard-schultz.html
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