Being leaders in some of the world’s biggest companies is everyone’s dream. However, it is not an easy climb for all.
According to Harvard, leading an entire business increases the scope and complexity of one’s role, resulting in executives feeling overwhelmed and uncertain about their leadership capabilities.
But how do the world’s famous leaders make it seem more manageable? Here’s how leaders of billion-worth companies established themselves as some of their industry’s most respected and known trailblazers.
Tim Cook trusts his leadership and values his team’s ideas and feedback. Cook encourages Apple’s employees to bring out their best through critical thinking. Also, when Cook took over Apple’s leadership to replace Steve Jobs, he urged people not to expect him to be the second Jobs. Instead, he said people should expect him to be the first Cook.
Employees described Cook as charismatic and thoughtful. His employees also praised his ability to focus more on existing products while strengthening business and relationships. He also trusts other people in Apple, as he allows other top executives to take the lead. After all, he believes innovation needs many different-minded and unique individuals to shape new trends.
More importantly, Cook insists on having people with diverse thoughts, cultures, and work styles—as they will give a wide range of insights suitable for business and the industry.
Steve Jobs is known for his artistic perfectionism. For him, everything must be perfect—from planning to execution to product launch and customer after service. Of course, critics could say that Apple is years behind the competition in updating its hardware and other features, but at least Jobs ensured that Apple wouldn’t release new products unless it’s already perfect.
Bottom line, for Steve Jobs, leaders must only deliver nothing but perfection—even if other brands launched innovation earlier than him.
And this does not only apply to him. Jobs was also known for his strict expectations of his staff. Moreover, he was not scared to make firm decisions regarding firing employees he thought were not doing their roles right in the company.
One of the founders and the CEO of Netflix, Reed Hastings, did not hesitate to change the entertainment industry model.
Apart from being creative, Hastings also sets a standard of being highly responsible for delivering results for Netflix. And as a transformational leader, he believes his team should set a high standard for themselves.
Hastings is also known for his self-confidence and ability to innovate. In fact, if Hastings didn’t take risks and behave confidently in making business decisions, we won’t be able to see Netflix transforming the DVD-renting industry into the world’s biggest streaming company.
Alibaba’s success was mainly credited to Jack Ma‘s ever-evolving leadership style.
Jack Ma believes that employees should not be micromanaged. Hence, he didn’t get too involved in the day-to-day decision-making of employees. Instead, he empowered his team to thrive in their creativity and depend on their own experiences and resources to reach their goals.
In short, Jack Ma was confident in the abilities of his team.
He also knew when to be humble, assert his authority, and unify people by creating a mission.
Bill Gates is known to take risks for something unconventional. He dropped out of school, pursued a dream, and followed his skills and creativity instead of listening to what others taught him.
Gates’ transformational leadership also encourages people to boost their creativity and take a path toward a result. However, his team said Gates inspired them to take one step at a time instead of trying to jump from the bottom to the top.
In addition, Gates always believes that there must be proof for success. Hence, he urged his staff to be results-driven. He also wanted his people to be on the same page as him, focusing on reaching a specific goal, mission, or vision.
Elon Musk has founded some of the most innovative companies in the world, including X.com (now known as PayPal), SpaceX, and Tesla Motors. With these giants under his belt, describing him as an innovative leader might be an understatement.
Musk is one of the most famous transformational leaders. He has a reputation for working hard and working smart at the same time. After all, most of the companies he founded did not get the respect and recognition they deserved until the moment he proved the companies’ worth.
His employees also admitted that working with Musk is both challenging and rewarding because he is always 10 steps ahead of them. Hence, working under Musk’s leadership made them “10 times smarter,” too.
Meanwhile, Musk believes there’s always a better way to do everything, so he constantly seeks improvements. In addition, he wants to unite his team and plant them with the same ideas, values, vision, and objectives.
When starting Facebook, Mark Zuckerberg had many companies knocking on his door, asking him to buy the social media platform. However, he believed that Facebook would be much bigger and worth more than the money they offered. He was right.
Zuckerberg dropped out of Harvard to focus on his brainchild, Facebook. Apple CEO Steve Jobs helped him build a management team focused on creating a market leader social media platform.
After years of training, he has established his leadership style, which uses discipline, rewards, and various motivational incentives to inspire employees to perform at their best. He is also happy to share his ideas with his employees, making them feel valued.
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