Human resource development Essay Example | Topics and Well Written Essays - 2000 words

Human resource development - Essay Example The company employs about 50,000 personnel, in 34 countries and worldwide branded returns in 2011 were approximately ?13bn ($21bn). All the success of Virgin Group can be attributed to Richard Branson effective leadership. Branson dropped out of school at the age of 16 and yet he has managed to build a business empire through his ability to influence his employees towards achievement of his vision and the set goals. Some of the quality leadership traits of Richard Branson are extravert; he is charismatic, loves being around people and fun. Secondly, he respects people and as a result provides great value to the people who work under him. Thirdly, time management; he has managed to build many companies in a short-duration of time- there are always new projects undergoing in the company (Zacharo, 2001). Fourthly, delegation- Branson portrays willingness to step back and allow others to take on key positions in the company. Branson argues, â€Å"For as much as you need a strong persona lity to build a business from scratch, you must also understand the art of delegation. I have to be willing to step back now," he admits. "I have to be good at helping people run the individual businesses – it can’t just be me that sets the culture when we recruit people† (Crush, 2010, par. 4). Branson also encourages people to generate ideas and then he backs them up. He connects with employees across all levels and verticals. He has also build trust among the top management as he gives stakes and does not interfere. Branson is also a leader who always has a vision; he has more than 400 companies yet he is still looking out for more: he sees opportunities for growth everywhere. In spite of his prosperity, he has not let go his profit-making objectives and sometimes he appears to initiate new undertakings on a nearly daily basis (Dearlove, 2007). Lastly, Branson is a friendly and outgoing person, as portrayed in the book â€Å"Business the Richard Branson Wayâ⠂¬  by Des Dearlove (2007). He captivates the employees and public through the unexpected prospect of making the grey world sparkle with fun as well as excitement. He creates an exciting work culture in order to motivate and retain good people (Dearlove, 2007). Richard Branson is a great leader and his unique leadership style has been quite effective; he has shown that any person can get very far in life in spite of the type of background they have and the kind of history they have. He has many leadership abilities and an electric personality, which makes him one of the most influential and effective business leaders in the world. Training and Development for Increasing Branson Attributes Development of the right people- The Virgin Group has developed rapidly because of a clear focus on the development of the right people, using the right systems, the right organizational structure and motivating the groups’ new projects. Leaders should have a clear leadership strategy like Sir Richard Bryson in which the key to build business shrewdness is developing a work environment that enables the employees to use their ideas as well as let go of their pent-up frustration which can build when people have ideas but experience difficulties realizing them