Discover what do the best business leaders do on BusinessRiskTV
Throughout history, the business world has witnessed the rise of some remarkable leaders who have transformed their industries and left an indelible mark on the global economy. These individuals have exhibited exceptional leadership qualities, including strategic thinking, innovation, vision, and an unwavering commitment to excellence. Here, we will explore 8 of the most influential business leaders of all time.
Steve Jobs
As the co-founder and CEO of Apple Inc., Steve Jobs was one of the most innovative and visionary business leaders of all time. His contributions to the personal computing industry, including the Macintosh computer, the iPod, and the iPhone, revolutionised the way people interact with technology.
Jeff Bezos
As the founder and CEO of Amazon, Jeff Bezos has transformed the retail industry and disrupted traditional brick-and-mortar retail businesses. Under his leadership, Amazon has become one of the world’s largest online retailers, offering a wide range of products and services, including e-books, streaming media, and cloud computing.
Warren Buffett
Warren Buffett is one of the most successful investors of all time, known as the “Oracle of Omaha” for his investment acumen. He is the CEO of Berkshire Hathaway, a multinational conglomerate holding company, and has a net worth of over $100 billion. His business philosophy is centered around value investing and long-term growth.
Mark Zuckerberg
As the co-founder and CEO of Facebook, Mark Zuckerberg is one of the most influential tech entrepreneurs of our time. He revolutionised the way people communicate and interact with one another, creating the world’s largest social media platform with over 2 billion monthly active users.
Indra Nooyi
Indra Nooyi is the former CEO of PepsiCo, one of the world’s largest food and beverage companies. Under her leadership, PepsiCo diversified its product portfolio, expanded its global footprint, and embraced sustainability initiatives. She was named one of Forbes’ “Most Powerful Women in Business” for several years in a row.
Jack Ma
As the founder and former executive chairman of Alibaba Group, Jack Ma is one of the most successful tech entrepreneurs in China. He transformed the e-commerce industry in China and built a multinational conglomerate that provides a wide range of online services, including e-commerce, digital payments, and cloud computing.
Elon Musk
Elon Musk is the CEO of SpaceX, Tesla, Neuralink, and The Boring Company. He is one of the most innovative and visionary business leaders of our time, known for his ambitious goals of colonizing Mars, revolutionising the automotive industry, and developing brain-machine interfaces. His businesses are focused on advancing renewable energy, space exploration, and AI.
Oprah Winfrey
Oprah Winfrey is a media mogul, talk show host, actress, producer, and philanthropist. She is the CEO of Harpo Productions and the Oprah Winfrey Network, and has a net worth of over $2.6 billion. She is known for her advocacy of social causes, including education, health, and women’s rights.
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The importance of leadership in business is either underestimated or played down. Your team or business functions will operate in line with the inspiration you create or fail to create. Zombie businesses can survive in most business climates, but few will thrive in the business marketplace without good leadership, either from the top, or from middle managers who pick up the baton where the actual leaders have dropped it.
However a great business needs a great visionary. Most visionary’s are made not born. That’s the good news! The bad news is that few business leaders seek to create a vision for their business that everyone else can buy into.
Whats worse is that few businesses invest sufficiently in developing future business leaders
There are many reasons for this. For some businesses, existing business leaders fear training those below them in case they walk away from the business to competitors or to become a new competitor business.
One way to overcome this fear is to share the rewards developing leaders bring to the business and not be too greedy over short term spoils of new business generated and instead look to the long term benefit of fairly rewarding key business team members.
All hugely successful organisations and businesses need effective leaders
To become a great business leader requires much more than technical business skills that say accountants and lawyers may have. Great business leaders have bundles of emotional intelligence to bring in everybody into improve business performance not just the Board.
Top business leaders are not always brilliant business managers. You can be an amazing business manager, but may never be a business leader. Often great business leaders are not in management positions. Their talent is wasted cause they never get into a position to fully express themselves for the benefit of the business as a whole and themselves.
How do you find the business leaders in your business and bring business leaders together to focus on sustainable business growth?
Enterprise risk management methodology will help in this regard. Many SMEs and large businesses can benefit from developing the leaders who will guide us to a better future.
A look at the business news headlines in most week’s will reveal examples of bad business leadership. W need to help educate business leaders better to reduce frequency of bad business events and increase the occurrence and size of business successes. How we get there does not matter too much, but too often we don’t.
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