Governance Management and Leadership Dynamic

Best CEO Bill Gate

Background of Bill Gates and Microsoft

William "Bill" Henry Gates III was born on October 28, 1955 to a family located in Seattle, Washington. Bill Gates was not the only child in his family while growing up in Seattle, Washington. Gates had two other siblings, both sisters, named: Kristianne (Older sister) and Libby (Younger sister). Bill Gates at an early age of 13 began finding his interest in computers and took off with that idea as an entrepreneur. Soon after looking into the computer world, Bill Gates and his close friend, Paul Allen, invented the new program that most individuals have on their desktops now, Microsoft. Microsoft has been a major boost for Bill Gates as he is now one of the richest men in the world. Also, Microsoft has played a key role in every American because they are all able to create word documents, PowerPoints, spreadsheets and even emails.

While Bill Gates was coming up with the ideas of creating the new software program Microsoft, he came out and said one interesting about people and computers. He said, "Be nice to nerds. Chances are you'll end up working for one". Even though people might have thought Bill Gates was a nerd in his upcoming as a child, many people are dying to work for him since his company, Microsoft is one of the leading software generators in today's world.

Microsoft has many important dates that should stand out to every individual that has ever used this software before. They are:

1980-1981: Bill Gates and Paul Allen hire Gates' classmate, Steve Ballmer, from Harvard to help run the company. These are the years when Microsoft formed and made its name in the entire world.

1982-1985: The three gentlemen running the Microsoft business came out with the first operating system, Windows 1.0. This windows system had a few major enhancements that most people were not familiar with at this time. They were: drop-down menus, scroll bars, icons and dialogue boxes.

1987-1992: Throughout these five years, Gates, Allen and Ballmer, invented the newest operating system and named it, Windows 2.0-2.11. The biggest improvement that came about when this operating system was invented was that it has more speed and more windows.

1990-1994: Even though Microsoft 2.0 was being released in the first couple of years this was being invented, the newest operating system was already being constructed. Windows 3.0 gave each individual the ability to incorporate graphics into their work.

1995-2001: Windows 95 was being brought upon each individual that owned some type of electronic device that allowed Microsoft. This is the age in which email was invented, as well as fax and modems for computers.

1998-2000: During these two years, the new operating system Windows 98, Windows 2000 and Window Me were released to everyone throughout the world. This operating system was once described as, "Works better, plays better".

2001-2005: Windows XP was invented in this time frame. The advantage this operating system had over all the previous ones was that this would one was more stable, usable and fast.

2006-2008: This is the time frame in which Window Vista was invented and most people are most familiar to these days. This operating system was said to be smart on security.

2009-Today: Operating system, Window 7, Window 8, Windows 10 and counting..., is the one that every individual has on their personal desktops these days. This system will allow you to do pretty much anything that a computer is capable of doing.

Throughout the thirty-two years that Microsoft has been around, there have been many improvements in the operating systems and it seems as if it is still growing. For more information about this type of information, click here for Bill Gates information and here for Microsoft information (The Advancements in Today's World, n.d.).

2. The effective corporate organization and its CEO’s Management and leadership style.

Bill Gates is an effective leader because he has the many traits of a good leader, he knows what to do and what are the steps he needs to follow in order to lead his organization. Bill Gates is an interesting study when looking at leadership styles. He is the antithesis of what one would expect from a leader. He dropped out of school, pursued a dream, and took risks based on his personal knowledge and creativity instead of what others had taught him. His leadership style is one that would be included in the descriptions of a transformational leader. That is because he followed a strong vision, had passion for the work he was doing, and that emotion helped to energize the people who would start following him.

• Focus: Bill Gates has demonstrated over nearly thirty years the importance of clarity of thought and execution. Unlike many of his contemporaries, he did not move away from the domain he understood better than anything else – software. He has pursued the objective of dominance in software in general and operating systems in particular that has few parallels. Venturing into unfamiliar territory may be fashionable but carries a high degree of risk. If ever a need arises for an absolute example for what Peters and Waterman called “Stick to the Knitting” and Hamel and Prahalad termed core competence, one needs to look no further than Bill Gates and Microsoft. Focus also means the ability to pursue one’s goals whatever the obstacles may be. Such a degree of perseverance is hard to come by.

• Thinking big: Along with focus, the ability to dream big and pursue that with single-minded determination sets Gates apart from other entrepreneurs. This is particularly true of entrepreneurs from emerging economies like India where an ultra-conservative attitude has stifled growth. Entrepreneurs need to develop confidence in themselves and their team that they can take on the world and come out winners.

• Passion: Simply put, if anything is worth doing, it is worth doing well. From a simple thank you note to a complex proposal, it is critical to place the stamp of excellence on whatever one undertakes. Equally important is the need to constantly innovate. Change is the only constant and the more agile and adaptive we are to change, the more successful we can be.

• Learning as a life-long process: Though dropping out of college to his dreams, Bill Gates has probably read and written more than most of us ever will. In the process, he has shown the limits of formal education. Important as formal education is, perhaps it is more important to realize that learning is a life-long process. Knowledge is infinite. Even if we keep assimilating it without a break throughout a lifetime, we would not have scratched the surface. Knowledge should lead to humility and wisdom – not arrogance and one-upmanship.

• Giving back to society: The Bill and Melinda Gates Foundation has provided a new dimension to philanthropy by addressing issues that are global in nature – malaria, cancer, AIDS. Feeling good by doing good may appear old-fashioned but this may yet be the best way forward in combating diseases that kill or maim millions of people every year. With friend and legendary investor Warren Buffet also joining hands, a formidable combination has been forged. Bill Gates has shown a remarkable degree of consistency both in his business goals and in his goals in philanthropy – he is a global citizen.

Leadership style

Autocratic style; Control is basic to Gate's nature and his management practice. He is used to focusing on detail. He is trying to monopolize the World Wide Web software market and has had a legal issue with the department of justice. Microsoft restricted the ability of its internet partners to deal with its competitors. Also, he doesn't like complaints very much.

Delegate style; Bill Gates believes it's very important to recruit and keep the best-gifted people in the software industry. He believed that find and recruit talented software staff is one of the most critical elements to improve competitive power in the software industry. It will improve productivity and creativity. These advantages included the ability to gain new knowledge more quickly, deep familiarity with programming structures, work more effectively, and the capacity to ask probing question. Though a big number of people asked applied for positions at Microsoft, He thinks that the best-gifted people will never apply for the job directly. So, In Microsoft, The HR managers had to look for the best talent themselves and offer a job. Gives autonomy to his manager, he delegates authority to managers to operate their independent departments.

Building Confidence in Employees; Confidence is the foundation for successful leaders. Moreover, building confidence in someone else is a great skill for any leader. By this skill, Bill Gates improved his employees' work and performance in the company. In this way, find their confidence & passion to complete their tasks and take the company to employees the highest peak of success according to Bill Gates. He says it makes no sense to hire smart people and tell them what to do. Rather he hires smart people so that they can tell him what to do. Bill Gates embraces different ideas and different ways of doing things proposed by his fellow employees. With the help of this skill, Bill Gates has made his company one of the most successful ones in the world (Bill Gates: Leadership and Management Style, 2017).

Being Open to Receiving Feedback; Like the other successful leaders, Bill Gates admires customer feedback as an important factor when it comes to expanding the industry by giving a competitive service. He always looks for constant opportunities in growing his business by listening to customers' responses. He always follows how customers accept the new Microsoft products and how the products serve in the market. He later incorporates all the feedback in his next products to get better results. To him, this skill will help one to stay top of the market and survive in the evolving market (Krishnamurthy, 2008).

The disadvantage of Bill Gates' leader style; Some people argued that Microsoft was not a creative and innovative company. They thought Bill Gates reformed existing products to satisfy markets needs instead of inventing new ones. Microsoft was not just the market leader, but also the standards provide for the industry, some critics claimed that winning was so important to Gates that he would go to any extent to beat his competitor. With his aggressive business theory, Gates has been in and out of courtrooms to deal with legal problems almost since Microsoft began (Sattar, n.d.).

3. What makes the selected corporation and its leader successful?

Bill Gates is a wonderful role model change maker because throughout his life he has never lost the passion to help those in need. He founded Microsoft, a technology giant, and made billions. Then in his later years at Microsoft, he spent more time to create the Bill and Melinda Gates Foundation. Through the foundation, he became the most charitable person in the world. Bill Gates is definitely a role model change-maker for both his philanthropic and technological advancements to society. Gates argued for not losing focus on a company's financial performance, invoking the experiences of his good friend Warren Buffett. He said its ability to exist and hire people and pay their salaries is based on a certain financial strength. You can’t ignore the fact that there is sort of an evolutionary selection thing that goes on there. To use Warren Buffett’s example, if he continued to fund the New England textile mills, he would’ve run out of money, and so would that have been a good thing? So even as you take on these broader criteria…the scale of the company and what it can do will be based on financial strength. He also mused about the size of corporations, voicing a defence of the technology giants at a moment when there's apparent momentum for antitrust actions including breaking up firms such as Google and Facebook.

It was 15 years ago today that Bill Gate stepped down as CEO of Microsoft. While he stayed involved as chairman and chief software architect, it was the start of his major life transition. Here are seven keys to his success taken from the history of his life and applied to one endeavour after another.

Get in early and learn

I don't know if there are shortcuts in life, but there are certainly head starts.

Gates had a big one. In 1969, he was in eighth grade, when very few schools had any kind of computer system, his school bought an early machine along with blocks of processing time. Gates was excused from regular math classes to learn to program and became enthralled with it. His first computer program: a tic-tac-toe program.

Seek forgiveness, not permission.

Too many people fail to succeed because they hold themselves back. Whether it was youthful folly or instinct, Gates didn't fall into this category. As an early example, when the school's funds eventually ran out, Gates (with his friend Paul Allen and other students) exploited bugs to obtain free computer time. When they were caught, he and the others traded their bug-finding ability for freer computer time.

Value your work.

Another big problem many people have that they are afraid to ask for money. Here again, Gates never had that problem. At age 14, he was writing code for a local company's payroll program; by age 17, he and Allen launched a company that used an early computer program to help count road traffic. Gates also pushed to get paid during the 1970s, when business was seen as "square" to put it lightly. After he realized that computer amateurs were using pirated versions of his software, at 21, he wrote an "Open Letter to Hobbyists" telling them to "pay up" so he could hire 10 programmers and deluge the hobby market with good software.

Learning matters more than school

Gates was a good student, he scored almost perfectly on the SAT and he was from a family that valued education. He enrolled at Harvard at 17, but didn't declare a major and instead spent his time using Harvard's computers. By his second year, however, Gates dropped out of Harvard to start a company with his high school friend, Allen and begin his real education.

When you're in charge, take charge

It's funny how perceptions change, but when he was running Microsoft, Gates had a reputation as a difficult, extremely competitive boss. Much like his contemporary Steve Jobs, descriptions of his reaction to employees he disagreed with in meetings were harsh. One described Gates's criticism as devastating. At the same time though, he took responsibility. During the first five years, when he was overseeing all of the business aspects of the company, he also oversaw and often rewrote every line of code in the company's products. If you're old enough to have used MS-DOS or the original version of Windows, you've used a product Gates helped code.

Be the guy who predicts the future

Obviously easier said than done, but Gates saw the future first at several key moments. One of them and this is a classic story came in 1980, when he negotiated a deal to license the DOS operating system to IBM for a low $50,000, but had the foresight not transfer the copyright. As a result, Microsoft was able to license the OS to other vendors who cloned IBM's machine, thus making a much bigger and more profitable market for his company. More frighteningly, Gates has said recently he's concerned about the threats of super-intelligent machines on humanity. Let's hope he's not seeing this prediction as clearly.

Take on a big enough mission

In some ways, this should be the first item on the list, as truly successful people first choose endeavours worthy of their time. In Gates's case, fast-forward to the 2000s, after he transitioned out of Microsoft and became a full-time philanthropist. Using the examples of John Rockefeller and Andrew Carnegie and the mentorship of Warren Buffett, Gates and his wife, Melinda Gates, are among America's most generous philanthropists, focusing on "big problems" that they believe governments around the world are incapable of solving ( Bill Gates Leadership Style Traits, Skills and Qualities, n.d.).

4. What are the lessons learned from the case study?

The lesson from the case of Bill Gates

There are many lessons that we can learn from Bill Gates. He is no doubt on his creating the largest PC software company and he doesn't shy of achievements. He had a strong commitment to his mind.

1. Aim high

He had developed a basic program for the machine, and he was founded only one month for making Microsoft. In 1975, Bill Gates and Allen were making their very first sale.

2. Don’t let success distract you

We learn from Bill Gates is his ability to look past success, Gates believed that we shouldn’t ignore the initial patterns of our success, but focusing all of our efforts into why this success occurred can leave you unprepared for future challenges.

3. Always think ahead

Bill Gates has always been known to maintain a vision of the future, and how it can be bigger and better. Microsoft was known to beat competitors throughout the years as they were always one step ahead, looking for the next big thing.

4. Value your time

Gates say "No matter how much money you have, you can't buy more time". Bill Gates understands the importance of using the time in your day wisely, and priorities tasks which matter most to him. If he doesn't believe he needs to be at a meeting, he won't attend. On the other hand, he takes the time to communicate with the people closest to him and ensures that he makes time for important commitments (Way, n.d.).

What do we think?

As to be a leader or a business, we do hope that we can take the best lesson from Bill Gates because he had many points to learn and inspired us to behave in a certain way or consider the way we do things in our role. Microsoft founder Bill Gates is one of the most influential business leaders of all time. It's hard to believe that he's managed to build a software empire without a college degree. Technically speaking, Bill Gates is a college dropout, and his experience highlights a poignant observation about education. Drive and ambition are qualities that transcend the classroom. Brilliance comes from building, learning, testing, and relentlessly innovating. Interestingly enough, one's ability to do the above is not determined by a college degree. College is an important stepping stone between education and employment, but the path is far from foolproof. Smart people come from all educational backgrounds, and the following lessons learned from Bill Gates points:

· Innovators are Doers, not just Thinkers

Bill Gates uses innovation as a way to drive impact whether it’s shaping software or saving the planet.

· Education isn’t enough

According to Gates said “And we can say that individual education has changed. That is, for the highly-motivated student, the ability to go online and find lectures of various length—to see class materials—there’s a lot of people who are learning far better because of those materials. But it’s much harder to take a broad set of students in the institutional framework and decide, OK, where is technology the best and where is face-to-face the best,”

People are more than institutions. Look for the candidates who are smart and resourceful enough to take their learning into their own hands.

· Empower People

Put the right information into the hands of the people that can make the most of it.

Bill says, “The vision is really about empowering workers, giving them all the information about what’s going on so they can do a lot more than they’ve done in the past.”

· Celebrate success, but learn from failure

Don’t repeat the same mistakes and don’t wallow in your wins.

Bill says, "It is fine to celebrate success but it is more important to heed the lessons of failure."

Bill Gates is a person who is work hard and very intelligence of working. He is strongly believed that his works can achieve successfully. If he focuses on working and trying to know he's good at and can apply his intelligence. He had played a pivotal role in Microsoft's success and made major contributions to strengthen the product development, human resources and marketing efforts of the company (Case Study on Entrepreneurship: Bill Gates, 2011).

Bibliography

Bill Gates Leadership Style Traits, Skills and Qualities. (n.d.). Retrieved from https://futureofworking.com/9-bill-gates-leadership-style-traits-skills-and-qualities/#:~:text=Bill%20Gates%20focused%20on%20transformational,dominated%20by%20this%20l: https://futureofworking.com/9-bill-gates-leadership-style-traits-skills-and-qualities/#:~:text=Bill%20Gates%20focused%20on%20transformational,dominated%20by%20this%20l

Bill Gates: Leadership and Management Style. (2017, June 12). Retrieved from https://www.ukessays.com: https://www.ukessays.com/essays/marketing/bill-gates-leadership-and-management-style-marketing-essay.php

Case Study on Entrepreneurship: Bill Gates. (2011, November 3). Retrieved from https://www.mbaknol.com/management-case-studies/case-study-on-entrepreneurship-bill-gates/

Krishnamurthy, B. V. (2008, June 27). Bill Gates: Entrepreneur, Manager, and Leader. Retrieved from https://hbr.org: https://hbr.org/2008/06/bill-gates-entrepreneur-manage.html

Mullins, L. J. ( 2017, June 12th). UK Essays. Retrieved from https://www.ukessays.com: https://www.ukessays.com/essays/marketing/bill-gates-leadership-and-management-style-marketing-essay.php

Sattar, S. B. (n.d.). Leadership Quilitie, skill, style. Retrieved from https://www.thestrategywatch.com: https://www.thestrategywatch.com/leadership-qualities-skills-style-of-bill-gates/

The Advancements in Today's World. (n.d.). Retrieved from https://sites.google.com: https://sites.google.com/site/theadvancementsintodaysworld/current-news-and-events-about-microsoft/background-of-bill-gates

Way, L. t. (n.d.). Retrieved from https://www.icmrindia.org/casestudies/catalogue/Leadership%20and%20Entrepreneurship/Leadership%20the%20Bill%20Gates%20Way-Leadership%20and%20Entrepreneurship.htm

Governance Management and Leadership Dynamic Best CEO Bill Gate

Contents

1. Corporate background