As the article states, Lawrence Joseph Ellison, Larry to numerous, is an embraced child of a Russian emigrate when his unwed mom left him to them. He utilized to be a mediocre in his class. However, with his self-esteem and goals set in mind, he conquered all the discouragements he got from individuals around him and showed them incorrect when he began to work on a database job for the Central Intelligence Firm. As of the minute, Larry Ellison owns 23% of the $18 billion-worth Oracle Corporation which is a producer of database softwares being used in thousands of giant business companies all over the world.
The success of the organization and of guaranteeing to bring about innovation is mostly based on Larry’s notion on management. Leading is stated to be a human activity and being such, one has actually to be acquainted with the styles, traits and characteristics of a leader to end up being a reliable one. A leader is primarily focused on influencing people to follow the instructions set by him such as goals, point of view and attitude towards work.
She or he is likewise consolidated a set of “basic” efficiency in decision-making where the executive element of being a leader is considered, in problem-solving where the analytical element is being considered, in managing problems where one need to be well-able to handle pressure and stress, in handling power and influence in which the correct control of a leader is being worked out and in constructing trust to be able to get a sound faith from his subordinates (Nacamara, 1997).
As can be seen, Larry spends not much time in Oracle, rather, he is more inclined in yacht-racing.
He does not even have his own office. He leaves the tasks to his senior partners. He has an ability for handing over jobs all over his team and this type leadership ability is of delegation type. This kind of leadership based from Heathfield (1997) is situational such that the design depends on the task, the capability and understanding of the team or the person, the time and the resources readily available and the results which are striven for. For Larry, he empowers his employees by entrusting them with jobs that enables them to contribute their best efforts and to more succeed.
As the founder of his own company, he has an attitude of wanting total control over it. He still has a great confidence in his self and, with a trusted, bright-minded people as his staff that dutifully and faithfully follows him, succession planning is yet far from his mind. Larry, in his style, also has trimmed down his company of people he gets does not get along with. He fires people which he thinks wants to rise up in his company and claim to be the next heir or when his executives start to give him advices on how to run his business.
Moreover, with his perceptive yet impulsive trait, he puts his capital to dying companies and older versions of programs and works into unifying them. For some people, Larry’s moves are too risky in this age when technology and software companies are fast-emerging. Though he is good at delegating in tasks in his company, he should already have by a clear plan on who’s going to be his successor. If he has a good faith in his employees that they have learned great competence from him, he should also be open to the idea that one day one of his executives will be an heir to his company.
Leading his company forever is possible not physically since he also has to retire in his job. Yet, his leadership skill which may have been a legacy for his employees is what is going to be intangibly forever. Daly (2003) asserted that leadership skills can be studied and learned and for that, people are expected to constantly improve their ability to lead. Being such, he would be more confident that his company will be in good hands after he steps down from his throne and spend more time to his family and yachts. References: Barret, VM. , (2006, August 14).
Irreplaceable? Retrived, February 22, 2008, from http://www. forbes. com/forbes/2006/0814/082. html Daly, NR. (2003, January 1). Characteristics that count: nine leadership traits that translate to on-target actions. Retrieved February 22, 2008, from Healthfield, S. M. (1997). Delegation as a Leadership Style. Retrieved, February 22, 2008, from http://humanresources. about. com/cs/manageperformance/a/delegation. htm. McNamara, C. , (1997). Overview of Leadership in Organizations. Retrieved, February, 22, 2008, from www. managementhelp. org. mht.
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