Tuesday, September 24, 2019
Lead 6_17 Assignment Example | Topics and Well Written Essays - 1250 words
Lead 6_17 - Assignment Example Effective leaders such as CEOs have the capability to direct the organizations with efficacy in order to realize the objectives of the entities (David, 2003). It is imperative not to understate abilities of leaders in the success of firms. As a result, this paper discusses the capabilities and effectiveness of CEOs. The paper assesses an executive, Warren Buffett, which differs from others in attributes and ability in calculating risks that enhance the success of their respective organizations. The aim of the discussion is to analyze a consensus of ideas and perspectives from an organizational leader in regards with what it takes to ensure the success of an entity and higher levels of effectiveness. The paper provides an overview of the chosen CEO by highlighting the achievements, highlights, as well as significant events characterizing the leaderââ¬â¢s career. The CEOââ¬â¢s leadership career will incorporate the concepts of an effective leader including personality and leadership capabilities, motivation and empowerment, his vision and strategic bearing, communication skills moral and courage direction as well as values and culture. As an influential person in the realm of investing and one of the wealthiest people in the globe, Warren Buffett is the Chief-Executive-Officer and a large shareholder of Berkshire Hathaway. Berkshire Hathaway is a multinational conglomerate entity with its headquarters situated in Omaha. Buffett came from a humble beginning to one of the wealthiest figures in the world. Characterized by business acumen as well as his ideals and principles he established his investment principles and financial abilities at an early age, which enabled him to acquire many riches. Born in 1930 in Omaha, Nebraska, Warren Edward Buffett worked at a grocery owned by his grandfather in his early years. To show his investing qualities, Buffet purchased a stock at the age of eleven, which resulted in a $5 profit and when he
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