5 leadership styles of Warren Buffet by; Muaz Saeed

5 leadership styles of Warren Buffet

by; Muaz Saeed

Warren Buffet is an investor, a philanthropist, and C.E.O. He is one of the richest persons on the planet , Buffet is one of the skilled investors of all time. He has a strong personal and deep interest in money making. 

At the age of six Buffet bought coca- cola bottle packs of six for 25 cents each and sold the bottle for his friend each for a nickel thus making a profit of five cents.

 His uncanny interest of making is second to none and that has lead him to record huge success in investment over time.

Buffet has become one of the powerful leaders in the world .

If you are ever curious to know how he managed to ascend to the top and maintain the success over time, the aim of this article is to reveal the top five leadership styles that keeps him on top.

1. GIVING EMPLOYEE LITTLE HAND HOLDING.

Buffet only allows workers to bring their decission to the table, he gives workers the power of trust and increase the rate of their confidence to experiment and solve problems that concerns the organaisation  on their own. The employee can easily figure out what works out and what doesn't. This gives employee better sense of belonging and a sense of accomplishment. Despite not interfeering with there decission making process, he still gives support and provide necessary resources to have result.

MOTIVATION OF EMPLOYEE AND FOLLOWERS.

Warren Buffet gives useful and insightful advice not only to his employee but to his followers so that his skills, knowledge and experience rub into others by so doing he motivates employee and followers to attain greatness. Motivation of his employee to attain greatness is his top cardinal principle. Rather than giving his employee a list he gives them principle of behaviour. He based his employee on how he trust them to attain to do a great job.

 When leaders motivates and trust employee, they have the chance to flourish. He also provides a corporate culture to support his employee towards achieving pragmatic result. Adoption of right culture for workers to be productive and successful is supreme.

Motivating employee gives them morales to achieve more result and in turn help the organaisation.

3. STRONG OPTIMISM

Buffet is an optimistic leader all over , optimistic leaders help teams through the struggle of reality and conflict . Buffet is describe with a characteristic of insight and statistic rather than what the negative stigma looks like.

He mentor his employee to easily understand a concept and easily assure them to be optimistic toward greater result. Buffet own up to his mistakes and does not make excuses, a great factor of optimistic leader. He is not a perfect strategist and he will openly and publicly acknowledge that. This makes employee as well as followers to understand that leaders like buffet is a human.

4. TRANFORMATIONAL LEADERSHIP STYLE.

Buffet is a transformational leader, he believes that desolate can be turned to usefulness.

Buffet always have a clear vision and always make sure to translate that vision to reality, by so doing engaging employee to achieve every step and work breakdown structure (WBS) set to achieve the vision. This unique characteristic was used to revamp Barkshire Hathaway at the point of downsizing. Transformational leader know the direction to achieve success and always ready to lead a team of skilled and progessional employee to get the result.

5. COMMUNICATION SKILL

The ability of a leader to communicate clearly to his audience, employee and followers makes his message to bring a fruithful result. Warren Buffet is known as a clear communicator and orator, his ability to negotiate effectively makes him to record success in investment and lead people properly.

At the verge of celebrating his 85th birthday, Buffet wants to retire as the director of Barkshire Hathaway and pass the mantle of leadership to the next top share holder. In his 50th letter to the board of management, he listed the top four leadership traits he is searching for which include: trustworthy, skilled, energetic and love for the company.