Personal and Professional Development: Jeff Bezos Leadership Styles

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Added on  2023/01/11

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This report examines the leadership styles of Jeff Bezos, the founder and CEO of Amazon Inc., focusing on his influence on personal and professional development. It explores his unique approaches, including his customer-centric philosophy, the "empty chair tradition," and the "two-pizza rule." The report categorizes his leadership into autocratic and participative styles, while also touching on strategic, team, and charismatic leadership. It highlights how Bezos's visionary and innovative methods have contributed to Amazon's success and reshaped the retail world. The report emphasizes the importance of leadership skills in business and the impact of Bezos's approach on the company's growth and market position, ultimately concluding that personal and professional development is very important to achieve success in business.
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PERSONAL AND PROFESSIONAL DEVELOPMENT
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TABLE OF CONTENT
Introduction
Leadership Styles
Jeff Bezos’s Leadership Styles
Conclusion
References
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INTRODUCTION
Personal development, is a lifelong process and as the time passes individuals
develops their skills and knowledge which moreover helps in their professional
development as well. However, to enhance personal and professional development
one of the factors which plays a crucial role is leadership styles and skills.
Therefore, this report will focus on the leadership styles and skills of Jeff Bezos,
the CEO of Amazon Inc.
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LEADERSHIP STYLES
Leadership style is a kind of an approach which provides a direction
to an individual so that plans can be implemented in a better manner
and by looking at the same other people can get motivated.
Thus, it can be said that through leadership styles an individual tends
to lead other people who work with the leader.
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LEADERSHIP STYLE (CONTINUE)
AUTHORITARIAN OR AUTOCRATIC
When using this kind of leadership
styles, leaders tells its employees
about what things are needed to be
done and how it should be done
without considering their view and
thoughts.
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LEADERSHIP STYLE (CONTINUE)
PARTICIPATIVE OR DEMOCRATIC
While incorporating this kind of
leadership styles, when taking a
decision leader include one or two
employees so as to know their
perception but the final decision is
made by the leader itself.
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LEADERSHIP STYLE (CONTINUE)
DELEGATIVE OR LAISSEZ-FAIR
In this kind of a leadership styles, although
leader gives the leverage to employees for
making any decision but, as leader has the
supreme power so whatever decision is
taken leader has takes the responsibility.
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JEFF BEZOS’S
Born on January 12, 1964.
Founder and CEO of Amazon Inc.
World’s richest person since 2017.
Net Worth: around US$148.6 billion.
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JEFF BEZOS’S LEADERSHIP STYLES
In this modern era or in this globalised world, Jeff Bezos is one of the best examples of
great leaders. He was the founder, chairman and CEO of Amazon Inc. born in the year
1964. He has a unique style of operating business and other activities and because of this,
his company in recent times is a leading multinational corporation dealing in so many
sectors.
Therefore, it will be correct to say that, Jeff Bezos has helped in reshaping the world of
retail by introducing Amazon Inc. in the year around 1994.
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CONTINUE…
When talking about the leadership styles of Jeff Bezos, he has a different
leadership style, in most of this work he thinks about customers and
prioritize them. According to the articles published in the year 2012 by
Forbes, it was mentioned that, while doing a staff meeting an empty chair is
always there in the conference hall which was implemented by Jeff Bezos
known as “empty chair tradition” mainly for a person who is a customer.
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CONTINUE…
Reason behind this is that he believes, customers are their prime asset and keeping
an empty chair helps Jeff Bezos as well his team to be conscious about how their
customers would feel and react for whatever decision has been taken by them.
Whether they will like it or not and if it is beneficial of its consumers or not. Thus,
this shows that Jeff Bezos, works with a vision and take a long-term perspective
which basically revolves around its customers.
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CONTINUE…
It will be correct if we say that, leaders are somewhat crazy and in context with
Jeff Bezos, it is the truth. Whatever work he performs whether at local or global
level he is known for a person who “thinks out of the box”.
Thus, Jeff Bezos believes that, to do an innovation it is required that a person is
crazy in taking decisions, because this is the element that takes that individual to
another level and makes him/her a successful leader.
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CONTINUE…
In business, it is said that while doing an activity it is important that having a small group
or team is effective because it helps organisation to keep only those members who are
assertive and willing to work for the betterment of the company.
In this context Jeff Bezos, has his own point of view i.e. “two-pizza rule” because he
believes that in a meeting there should be as many as people to whom two boxes of pizza
can be served and if the boxes exceeds to more than two that means number of people are
in large number.
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CONTINUE…
Therefore, Jeff Bezos with the help of his three big ideas he turned
Amazon Inc. as a leading company and these ideas are
Customers as their first priority.
Develop new thoughts.
To be patient.
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CONTINUE…
Henceforth, if we look at the leadership styles of Jeff Bezos than
they can unique and unconventional. His leadership styles include
two styles i.e. autocratic: when there is a need of monitoring all the
activities of the company, ho company is performing and whether
there is any requirement of implementing new things or not.
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CONTINUE…
Participative: when there is a requirement of taking an effective
decision by including all its prime members “two-pizza boxes”
concept. However, other than this, Jeff Bezos has other leadership
styles as well like strategic, team and charismatic leadership styles.
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CONCLUSION
From the above report it has been analysed that, for operating a business
and sustaining a better position in the market area personal and
professional development is very important and besides this leadership
skills are also crucial. Jeff Bezos has gained success through his unique
leadership styles. His visionary and innovative style of doing business has
provided him with a fame and different recognition.
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THE BEST CUSTOMER SERVICE IS IF THE CUSTOMER
DOESN’T NEED TO CALL YOU, DOESN’T NEED TO
TALK TO YOU. IT JUST WORKS” - JEFF BEZOS.
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REFERENCES
Hussain, M. and Hassan, D., 2016. The leadership styles dilemma in the
business world. International Journal of Organizational Leadership. 5.
pp.411-425.
Hong, G. and et. al., 2016. The effect of leadership styles, rank, and seniority
on affective organizational commitment. Cross Cultural & Strategic
Management. 23(2). pp.340-362.
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