Entrepreneurial Skills: Analysis of Jeff Bezos and Self-Reflection

This report delves into the entrepreneurial skills of Jeff Bezos, focusing on his leadership qualities and their impact on the success of Amazon. It examines his decision-making, innovativeness, and strategic thinking, highlighting how these traits contributed to the company's growth and market dominance. The report also includes a self-reflective component, analyzing the individual's own leadership skills in relation to those of Jeff Bezos, identifying strengths and weaknesses in managing an entrepreneurial venture. Furthermore, the research explores the effects of enterprise and the different leadership roles undertaken by leaders to maintain organizational performance. The analysis covers various aspects of Bezos's leadership, including his charismatic and transformational approaches, his ability to foster a positive workplace culture, and his focus on customer needs and technological advancements. The report concludes with an overview of the key factors that have driven Amazon's success and offers insights into the importance of leadership in the context of globalization and market competition.

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ENTREPRENEURAL SKILLS
Name of the student
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Executive summary
The report aims at assessing the different entrepreneurial qualities in Jeff Bezos and the manner
in which they were positioned for the success of the businesses. On the other hand, the report
enumerates a self reflection piece of an individual on the leadership skills of the same in order to
understand the strengths and weaknesses of the same relating to capabilities of managing an
entrepreneurship. The purpose of undertaking the research is to identify the different leadership
roles that are undertaken by the leaders in order to maintain the efficacy of the organizational
performance.

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Table of Contents
1. Introduction..................................................................................................................................3
2. Research on Jeff Bezos................................................................................................................3
3. Entrepreneurial activities and skills of the entrepreneur.............................................................4
4. Self-reflection on enterprise skills...............................................................................................9
5. Effects of enterprise...................................................................................................................11
6. Conclusion.................................................................................................................................12
References......................................................................................................................................14

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1. Introduction
The leadership approach that is undertaken by the entrepreneur adds to the performance
of the business while operating in different international markets. Decision making and
innovativeness are the major factors that determines the efficiency of the leadership roles that are
played by the individuals. The major objective of the entrepreneurs is to build on the
sustainability factors of the organization in the different markets. The development of leadership
roles are also based on the identification of the issues that are faced by the employees or the
business itself and thereby mitigate the loopholes for the smooth functioning of the firm.
Globalization has provided the businesses with a scope of expansion in the international markets,
which has maximized competition among the firms. In this scenario, the roles and approaches
that are undertaken by the leaders help in identifying the success potentiality of the businesses.
The report will be focusing on identifying the leadership role that is played by Jeff Bezos
and the manner in which it helps in enhancing the efficiency of the business units. Jeff Bezos was
an American technology entrepreneur, investor, and philanthropist who founded Amazon in the
year 1994. The development of the organizations was specifically based on the leadership
qualities of Jeff and the role played by the same in empowering the employees of the businesses.
The report will be considering the entrepreneurial role and qualities of Jeff Bezos and thereby
undertake an individual reflection on the different aspects of leadership qualities and approaches.
2. Research on Jeff Bezos
Jeff Bezos was born in New Mexico and was raised in Houston, Texas. Later he worked
in the Wall Street from 1986 to 1994 until he founded the e-commerce giant, Amazon. The

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organization developed through the establishment of an online bookstore and with time the
expansion of the variety of products has helped the business in maintaining the efficacy of the
same while operating in diverse international markets. The organization developed different
systems in order to initiate cloud infrastructure services through Amazon Web Services. The
development of the organization Amazon depended on the leadership capabilities and the
innovative approach that was invested by the same while operating in diverse economies. The
implementation of the AI technologies in Amazon’s infrastructural units and processes has
helped the business in identifying the different needs of the customers as per the changing
market trends. It has helped the organization in maintaining the proficiency of the functions.
Apart from Amazon, Bezos also founded Blue Origin in 2000, which was an aerospace
company. The net worth of Jeff was estimated to be around $150 billion by July 2018. Walter,
Humphrey and Cole (2012) stated that the development of the organizations are based on the
innovative approach of Jeff and the long term vision of the same which has brought about
unexplainable changes in the business’s position while operating in the international markets.
The growth of the e- commerce industry and the innovations that are undertaken by the same has
been accredited to Jeff for the modifications that were facilitated by the same.
3. Entrepreneurial activities and skills of the entrepreneur
Jeff was an epitome of leadership skills that has helped in the development of different
organizations. He reflected charismatic, transformative and authoritative leadership approaches
while managing the activities that are taken by the organizations. On the other hand, efficient
decision making and long term vision has helped the entrepreneur in enhancing the operations of
the business in competitive scenarios. Mabey (2013) stated that the key changes that were
undertaken by Amazon under the leadership of Jeff has helped the same in building a positive

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brand name in the markets. The different entrepreneurial skills that were reflected through the
activities of Jeff Bezos were mainly based on decision making and innovativeness. However,
Gentry and Sparks (2012) stated that the problem solving skills of Jeff has helped him in
enhancing the operations in the different organizations. The transformational role that was
played by Jeff while operating in diverse economies has helped him in inducing a positive
workplace culture through active collaboration and integration of the resources.
Hogg, Van Knippenberg and Rast (2012) stated that knowledge of the business
markets contribute to the leadership capabilities of the entrepreneur. Jeff had a thorough
knowledge of the technological market, which helped him in bringing forth relevant changes in
the systems and operations. Growth of organizations is based on the identification of the issues
faced by the same and the strategies through which they might be mitigated in order to enhance
the operations. Jeff played an effective role in identifying the different issues that are faced by
the organizations and thereby mitigated the same efficiently in order to enhance the operations of
the business undertakings. The key changes in the business enterprise are based on the smooth
functioning of the workforce as per the needs of the same. Innovative approach and
transformation that is fostered by Jeff in the organizational operations has helped in the growth
of the businesses while operating in the competitive markets. On the other hand, Alvesson and
Kärreman (2016) stated that strategic thinking and decision making helps the leaders in
enhancing the operations of the business enterprise through the prioritization of the options. Jeff
Bezos had a clear idea of marketing and positioning the product offerings of the businesses as
per the needs of the consumers. Moreover, the continuous innovative approach of organizations
is facilitated through the leadership approach that was undertaken by Steve.

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Jeff was an influential figure in his tenure period, which helped him in motivating,
encouraging and empowering the employees with the view of boosting the productivity of the
business. Aziz et al. (2015) stated that the smooth functioning of the workforce depends mostly
on the motivation and empowerment that is provided by the leader. The adaptive nature of Jeff
and the influence he had on the employees relating to open innovation has helped the
organization in sustaining in the international markets. The key element of change that was
undertaken by the organization was based on the active collaboration of the employees with the
management. Active collaboration and support of the workforce helps the management in
implementing different changes more viably as per the urgency faced by the business. Kurucz et
al. (2017) stated that active collaboration of the employees helps the management in
understanding the concerns and develop solutions for boosting the performance of the workforce.
Jeff allowed the functioning of the open innovation model in the enterprises, which
helped in the evolution of new ideas and maximized the adaptive nature of the organizations. The
adaptive nature of organizations helped in inducing different innovations in the organizational
processes and the product development processes through the understanding of market trends.
On the other hand, Copeland (2014) stated that the key changes that are undertaken by
organizations are based on the understanding of the market trends and the needs of the
customers. Jeff developed technologies for facilitating maximizing the productivity of the
workforce as per the identification of the needs of the customers. Wide range of product
differentiation has helped Jeff in attracting the attention of different levels of consumers from
diverse income groups. The decisions that were undertaken by Jeff were widely accepted by the
workforce due to the charismatic leadership style followed by the leader. The change readiness
of the workforce has contributed to the smooth functioning of the same while operating in

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diverse international markets. The smooth functioning of the business operations are based on
the attitude of the workforce towards the objectives of the enterprise. The thorough
understanding of the market trends has helped Jeff in developing propositions that is promotable
as per the changing needs of the customers. On the other hand, the allocation of the different
resources in the right place helped Jeff in maintaining the efficacy of the operations as per the
objectives of the business. Sabir et al. (2012) stated that the allocation of resources in the
developmental areas helps in strengthening the operations of the business. Jeff took steps to
develop a friendly workplace culture and thereby allocated resources through different
assessments. The collaborative functioning of the management along with the employees helped
Jeff in understanding the situation that was faced by the employees. Jeff thereby undertook steps
to eradicate the issues in order to enhance the operations of the business.
Jeff followed transformational leadership approach while maintaining the proficiency of
the operations that are undertaken by the businesses while operating in diverse international
markets. Communication in the leadership style helped Jeff in facilitating collaborative
functioning of the workforce. Akins et al. (2013) stated that communication plays a major role
in maintaining the efficacy of the workforce while operating on different objectives of the
enterprise. The suitable communication techniques that were implemented by Jeff helped in
enhancing the operations of the business while identifying the concerns of the same. The
establishment of inter- trust factors between the workforce and the management helps in
enhancing the operations of the same.
Envisioning changes in the organizational context has helped the business leaders in
implementing the same for ensuring the sustenance of enterprises in the competitive
environments (Vargas, 2015). Jeff Bezos had a clear idea of the steps that might be taken by the

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same in order to enhance the business operations through different mergers and acquisitions. .On
the other hand, the clear idea of the different market trends and the strategies that might be
implemented in order to enhance the operations has helped Jeff in maintaining the performance
of the businesses while operating in diverse international economies. Bello (2012) stated that the
development of the organization solely depended on the innovative approach and the funds that
were raised by the enterprise for boosting the activities of the same. The identification of the
needs of the customers and thereby induction of product differentiation strategies has helped Jeff
in maintaining the efficacy of the business operations. The induction of innovative approach in
the organizational product development strategies has also helped Jeff in maintaining the
efficacy of the business position in the competitive markets.
Nixon, Harrington and Parker (2012) stated that risk and uncertainty assessment is again
an important factor that supports the sustainability of organizations. Jeff undertook efficient
assessment of the different risks that might be faced by the organization while forging innovation
in the line of products and services that are offered by the organization. The assessment of
different risks has helped Jeff in upholding the efficacy of the functions that are undertaken by
the business. In an interview, Jeff stated that the risk assessment of the different ventures that
are framed by the organization helped him in framing contingency plans for avoiding situations
of project failures.
Wilson (2014) stated that innovative approach of organizations greatly influence the
performance and sustainability relating to the line of products that are offered by the enterprise.
People management skills relating to rewards and recognitions were introduced by Jeff in order
to empower the workforce and keep them motivated. On the other hand, Jeff mitigated the issues
that were faced by the employees and thereby facilitated the smooth functioning of the

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workforce. Moreover, the induction of positive workplace culture in the organizations has helped
Jeff in maintaining the balance of the work as per the objectives of the business’ profitability.
The identification of the target markets and thereby bringing forth changes in the product and
service offerings has helped Jeff in maximizing the chances of profitability in the competitive
market situations.
4. Self-reflection on enterprise skills
I have an enhanced skill of communicating with my peers and subordinates. The
enhanced communicability will be helping me to identify the problems that are faced by the
people and thereby propose relevant solutions to resolve the issues. On the other hand, the
enhanced communicability will be helping me to induce collaborative operations. Marsh (2013)
stated that communicability helps in understanding the different loopholes and thereby modify
the same in order to enhance the situations. On the other hand, Chen, Zhu and Zhou (2015)
stated that the most important skill of an entrepreneur is based on the decision making
capabilities of the same through an analysis of the situation. I found that i have a weaker decision
making skill as I fail to identify the most essential alternative and thereby prioritize the ideas as
per the objectives. Cottrill, Denise Lopez and Hoffman (2014) stated that the identification of
the perfect option for the organization helps leaders in enhancing the efficacy of the decision
making prospects. On the other hand, Landis, Hill and Harvey (2014) stated that the decision
making skills of the leaders depend mostly on the assessment of the business situation. I lack in
the skill of understanding the situation of the business and the assessment of the market trends. It
has affected my leadership capability of bringing forth changes in the organization as per the
market situation. On the other hand, the lack of proper assessment of the alternatives that are
available to me has affected the capability of making decisions as per the priorities.

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The inspirational role that is played by leaders helps in enhancing the operations of the
business through enhanced workforce conditions. I have an enhanced capability of inspiring my
subordinates through my enhanced communicability. The motivational role will be helping me to
develop the positive insights into my workforce’s condition and the manner in which the
workplace conditions might be enhanced. Better communicability will be helping me to hold
frequent interaction with my subordinates, which assists me in understanding the issues and
mitigating the same in order to enhance the productivity. The efficacy of the leadership role is
largely dependent on the communicability and interconnectedness of the leaders with the
workforce. Veríssimo and Lacerda (2015) stated that the identification of the issues helps the
leaders in implementing changes for enhancing the operations of the business. I believe that my
capability of identifying the issues through frequent interactions and assessment of the
performance indicators will be helping me to implement relevant changes in the business model.
Innovative mindset is again an important skill that must be inculcated by the
entrepreneurs in order to sustain in the international markets. The innovative mindset of the
leader helps in synchronizing the activities with the expectations of the target customers.
However, I lack in the ability of identifying the potential markets through assessments. It has
affected my innovative approach while undertaking the line of product developments. Caldwell
et al. (2012) stated that the planning the organizational operations are based on the
understanding of the capabilities of the organization. Moreover, Yashkova et al. (2016) stated
that lack of suitable planning affects the organizational performance due to ambiguous objective
and complexity in the processes. I lack the ability of planning the operations due to ambiguity in
prioritization of the organizational requirement. The ambiguity in the understanding of the needs
of the organization has affected my capability of taking decisions based on the long term vision.

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Therefore, I believe that I must take steps to develop an insight on the different organizational
requirements through the assessment of the alternatives that are made available and prioritization
of the same.
5. Effects of enterprise
Leadership role plays an important part in entrepreneurship through the identification of
the issues and the mitigation of the same in order to facilitate the smooth functioning of the same
(Holt & Marques, 2012). The long term vision of the leaders helps in planning the business
processes and thereby frame strategies for gaining a competitive advantage over the other players
in the market. Decision making and prioritization of the alternatives helps in enhancing the
operations of the workforce thereby maximizing the profitability of enterprises. The
communicability of the entrepreneur helps the same in establishing a sound binding with the
employees. It helps the entrepreneur in boosting the inter- trust factors between the management
and the employees.
The leadership approach of Bezos helped in enhancing the economic condition of the
nations where the organization operated. The different changes in the operating markets are
based on the wider development of the business industry. The key element of change that was
induced by the entrepreneur was based on the development of the business sectors. On the other
hand, Jeff Bezos framed the activities of the organization in order to bring forth changes in the
society through creation of job opportunities. The development of the lifestyle of the people and
the manner in which the business sustainability can be maintained through the induction of
favourable lifestyle in the lives of the people is being reflected through the activities of Bezos.
The CSR (Corporate Social Responsbility) related activities that are undertaken by Jeff Bezos