Assignment c Example | Topics and Well Written Essays - 500 words

C - Assignment Example Leadership must develop a sense of vision and encourage, inspire and motivate team members so that all share the common goal of achieving organizational success (Kleinwort, 2014). Jeff Bezos of Amazon is one business leader that been successful in revolutionizing the manner in which business is done with his concept of predictive analytics. Business acumen encompasses working a lot of keenness and right speeds when responding to and making decisions in unique business situations. individuals with business acumen those who are smart when it comes to business decisions; they have the capabilities of obtaining necessary information regarding situations in a timely manner, focusing specific objectives, recognizing all available alternatives for the solution, settling on the most appropriate actions and setting in motion plans of getting it done. Acumen requires the individual to think in a manner that focuses on most critical components, appreciation of possible consequences of their actions recognizing close monitoring and adjustment of plans are crucial in defining the future. An example of an entrepreneurial personality is Steve Jobs; he was successful in combining functionality, convenience and accessibility to give value for customers in the iPad product. Teamwork involves working in collaboration with members of a group towards achieving common objectives. Teamwork is a very essential element of business since most of the time colleagues are required to work together which is sometimes not easy. It calls on members of the team to cooperate with one another and give constructive feedback even with the conflicts that may arise due to personal differences (Scouller, 2011). To achieve the vision and business goals, leaders must therefore be able to cultivate the spirit of teamwork and get people to share the same vision. John Mackey has successfully cultivated a culture of teamwork and achieved tremendous business success at Whole Foods