Black Billionaires The Roberts Brothers Essay Example | Topics and Well Written Essays - 1500 words

Black Billionaires The Roberts Brothers - Essay Example However, despite these odds and lower expectations, a few of these African Americans rise to the occasion to demonstrate such impeccable leadership skills and business value given that they make it to the list of billionaires of America. One such example of black billionaires is the Roberts Brothers who have managed to erect a chain of hotels worth billions. Studying their case to demonstrate the leadership styles can give a good sense of the true scenario prevalent in America. Also, going over the issues which these business-men had to face while conducting business can also proved futile to their style of business. Therefore, the paper will aim at exploring and understanding the business techniques and styles undertaken by these African American professional who are performing exceptionally well in their respective domains and earning billions. The African American Billionaires, contrary to popular perception, are engaged in a diverse range of businesses. In other words, African American entrepreneurs can now be found leading almost all kinds of businesses. For instance, Oprah Winfrey is one of the most renowned talk show host, producer, director amongst many other things, alongside playing an active role in politics. Similarly, Kenneth Frazier owns a pharmaceutical company while Ursula Burns is the CEO of Xerox. Similarly, many entrepreneurs like Roberts brothers are making a name in hospitality industry with various other black billionaires indulged in a multitude of businesses. Therefore, black billionaires aren’t dominating in a single field, rather their scope of engagement in context to business is expanding by the day. This implies that the number of African Americans seeking a higher educational status is increasing and thus, the business practices would now have to be shaped in such a way that African Ameri cans also get a fair share of inclusion. In other

Select one article from our text book, or one document from the Assignment

Select one article from our text book, or one document from the Internet, and evaluate what you feel are it's strengths and weaknesses - Assignment Example Most organizations face this issue. As there is a change of reality, they do not address moves in their competitive environment and thus find it hard to sustain their competitive advantage. According to the article, the main issues of theory of businesses revolve around connecting the three key parts together. These parts are reality, organizational competency and business focus. The following points are to be kept in mind to keep the theory of business relevant presently and in future. One is that reality is defined by the market place and moves to where it wants. For an organization to be successful, it has to study the changes taking place in the market and know that the key to success is their capacity to determine what the customer is willing to pay for at the moment and in the future. Another factor is that an organization attains focus when it aligns itself with reality. Thus, if it wishes to be successful, it concentrates on the moves in the market place and adjusts its business programs to cater for those needs. After an organization is aware of the changes needed, it has to identify and develop skills and competencies needed to prosper in the long term. The author recommends that organizations ought to review their theory of business continually as there is no business that is static. There are also times that organizations ought to be cautions like in the startup stage, times of fast transformation, unforeseen failures or success and when the organization is about to attain its present goals and objectives. The objective of the article is to address business theory. It is to address where organizations go wrong so that they do not achieve success and the solutions that they ought to embrace and apply. The author of the article accomplishes this objective by addressing where the problem comes in. At the end of the article, solutions are offered. The author states that,