Leadership Styles and Their Effect on CEOs Essay

AbstractThe purpose of this essay is to analyze, compare, and contrast the leadership styles of two influential CEOs. I have collected information from many internet sources that elaborate on the life, achievements, and misfortunes of Jack Welch and Steve Jobs, and how they overcame their obstacles to become the scoop out CEOs of all time.Leadership Styles and Their operation on CEOsLeadership is a process by which a soul influences others to accomplish an objective and directs the organization in a way that makes it more cohesive. Jack Welch and Steve Jobs exemplify the lawful meaning of what a leader is. Their personality traits of being conscientious easy to experiences, extroversion, persistent, and passionate has led them to be the most phenomenal visionary leaders of their time. Jack Welch was the chairman and CEO of General Electric in the midst of 1981 and 2001. During his duration at GE, he managed to introduce a fresh and innovative leadership style. Welch developed a ranking system that put employees in ane of three categories.The top 20 percent were stars, the snapper 70 percent were the crucial majority, and the bottom 10 percent were weeded out (Bloomberg, 1998). I admire and powerfully agree with Welchs counseling approach of making employees accountable. If you are hired to perform a job, then expecting results of a certain quality is justified. In addition, I believe that Welchs passion for productiveness and results allowed him to achieve effective performance management within his company.Results create success, and I believe most peck tend not to raise their standards high enough if there are not serious repercussions that follow, much(prenominal) as being dismissed for not providing results. Welch most notable achievement was increasing the market take to be of the General Electric firm. As CEO he increased it from approximately $12 billion when he took over, to a colossal $505 at the time of his retirement (Management, 2012). He managed to make GE the worlds second largest company with a market capitalization that was wholly exceeded by Microsoft. Through hard ca-ca and perseverance Welch managed to attain legendary status of being one of the greatest CEOs of all time.Leadership Styles and Their Effect on CEOsSteve Jobs was an entrepreneur, co-founder, chairman, and CEO of apple Inc. As the CEO of the company, Jobs covered the development of the iMac, iPod, iPhone, and iPad, and on the services array the companys Apple Retail Stores, iTunes store, and the App store. The success of these products under Jobs provided stable years of financial return, and propelled Apple to become the worlds most valuable publically traded company. The reinvigoration of the company is regarded by commentators as one of the greatest turnarounds in business history (Gallo, 2011). Jobs was a one-in-a-billion innovator with a bulldog mentality.He created a vision and relentlessly drove it into completion. Jobs was a demandi ng perfectionist who always aspired to position his business and products at the forefront of the technology industry by understanding and setting trends with innovation and style. His reputation was built on being a brutal force and often destroyed staff for their bozo ideas and typically shrugged off his associates suggestions in respect of his own gut instinct. Moreover, he only wanted what he called A-players. Meaning that they had to be brilliant and he insisted that under the threat of being fired, that they would never reveal any of Apples secrets inside or outside of the organization (Juarez, 2011).In summary, both Welch and Jobs are extraordinary leaders who demonstrate charismatic and transformational leadership styles. They both have very similar qualities in wanting to produce results. However, they differ because Welchs management style was cut throat in the sense of firing employees who did not perform. Yet, he was still open to the ideas of managers and employees, a nd empowered them. On the other hand, Jobs leadership style is regarded as unconventional and being a dictator, who only listens to his own intuition.ReferencesBloomberg, L,P. (6/28/2012). How Jack Welch Runs GE. Business Week. Retrieved November 20, 2012, from http//www.businessweek.com/1998/23/b3581001.htm Gallo, F. (3/17/2012). What Kind of Leader Was Steve Jobs? Calypso Consulting. Retrieved November 20, 2012, from http//www.chinacalypso.com/ content/what-kind-leader-was-steve-jobs Juarez, A. (10/5/2011). A Different Kind of Leader. Studying Systems for a Humane and Sustainable World. Retrieved November 20, 2012, from http//saybrook.typepad.com/complexity/2011/10/a-different-kind-of-leader-steve-jobs-1955-2011.html Management Strategies From A Top CEO. (4/16/2010). Retrieved November 20, 2012, from http//www.investopedia.com/articles/financial-theory/10/manage-business-like-jack-welch.aspaxzz2CpmsLsRK