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MANAGING THE HUMAN RESOURCE - Case Study Example

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Managing the human resource Table of Contents Introduction 3 Question 1 4 Entrepreneurial style of Murdoch and its impact on business 4 Question 2 10 People Management Skills of Murdoch 10 Question 3 14 Leadership Style of Murdoch 14 Conclusion 18 Reference 20 Introduction Entrepreneurs are often perceived as major drivers that brings major changes in the society…
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Download file to see previous pages However, entrepreneurial skills vary according the core nature of individual entrepreneurs. For example, Nelson Mandela and Bill Gates have different entrepreneurial skills as former more focuses on social entrepreneurial skills and later have entrepreneurial skills in terms for business and innovation business perspective. Many scholars and critics have presented their views and understating in explaining rationale behind the entrepreneurial skills among the people and at the same time, they have also categorized them in their core orientations. John B. Miner has identified four types of entrepreneurs i.e. “The Personal Achiever”, “The Supersalesperson”, “The Real Managers” and “The Expert Idea Generator” (Miner, 1996, p.4). On the other hand there are other groups of scholars who have their own perspectives in this regard. As per them, some of other types of entrepreneurs are like social entrepreneurs, lifestyle entrepreneurs, wealth creation entrepreneurs etc. However, there are certain common traits which are present in all types of entrepreneurs and these traits are responsible for shaping their entrepreneurial skills. ...
The project describes the management styles used by Murdoch in running his corporations. An analysis has also been provided with regard to the leadership styles followed by him to exercise control over his employees. Rupert Murdoch has been responsible for growing the giant mammoth of the media company, News Corporation from a very small; newspaper in Australia. It became one of the largest and the most influential media groups of the world. Murdoch has been able to gain immense power with the rapid expansion of the global media company. His company includes television, cable network programming, filmed entertainment, book publishing, direct broadcasting, magazines and even newspapers in Australia, United States, UK and Europe. Question 1 Entrepreneurial style of Murdoch and its impact on business Corporate entrepreneurship has lately evoked significant interest among the management practitioners and the academicians in the world. It is referred to as entrepreneurship in the established organisations and firms. It includes the set of activities characterized by proactiveness, risk taking and innovation which manifests themselves as acquisitions and mergers, licensing, franchising, research and development, contacting and divestment among other. Explorations of the theme of entrepreneurships have relevance in this regard as it seeks to identify how organisations are able to attain sustainable growth through this entrepreneurship. Analysis of the above issues provides an advantage for the other organisations for charting out a path (Jauhari, 2004, p.1). The project aims to put forward the conceptual framework of entrepreneurship of ...Download file to see next pagesRead More
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