A passionate techie and a shrewd businessman, BillGates changed the world once, while leading Microsoftto dizzying success….….Now hes set to do it again with his own style ofphilanthropy and passion for innovation.
Work towards your passion – “Be nice to nerds. Chances are youll end up working for one.”Have a Great Vision - “Every business and household must have a computer and must run Microsoft software”Have a Strong Team - “At Microsoft there are lots of brilliant ideas but the image is that they all come from the top - I’m afraid that’s not quite right.”Take a Long-Term Approach –“The Internet is becoming the town square for the global village of tomorrow.”
Failures are learning lessons - “Your most unhappy customers are your greatest source of learning.”Don’t rest on your laurels – “Intellectual property has the shelf life of a banana.”Never Stop Asking Questions
Formal Powers– “Powers based on individual’s position…usually comes from formal authority”Personal Powers – “A Power possessed even without having a formal power”….
Legitimate Power – formal authority to control & use organizational resources….. Reward Power – use of financial / non-financial rewards to produce positive results…. Coercive Power – Use of authority to create fear. Bill Gates power can be felt beyond Microsoft …..
Expert Power – Influence wielded on others due to expertise, Knowledge or special skills. Referent Power – Referent power develops out of admiration & a desire to be like that person……… Bill gates has a “larger than life” like image in the IT industry & beyond...
Low LPC Score – means high task oriented approach…Bill Gates appears to be interested in Results / Productivity… Basic Leadership Style: Low LPC Leader Member Relationship – Good Task Structure – High Position Power - Strong
Low Concern for People High LEADERSHIP GRID - 9 1,9 9,9 8 7 6 5 5,5 Tough 4 Taskmasters, People are 3 commodity, 2 (9,2) High orientation towards 1 1,1 9,1 Planning, Controlling & 1 2 3 4 5 6 7 8 9 Directing Low Concern for Results High
Autocratic style – command & control, Obsession with details… Delegate style – Hire brightest talents, more autonomy to managers.
Monopolistic Resistant to change Curbing Innovation