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  • Essay / Leadership of John D. Rockefeller - 1634

    What made John D. Rockefeller an effective leader? During his decades in business, one of the key characteristics that propelled Rockefeller to success was his strong leadership abilities. It was neither his status nor his age that made Rockefeller a great leader. Instead, it was his influence. The people around him wanted to follow him; he inspired them to do more than they thought they were capable of. It was his ability to create a strong sense of teamwork as well as his own energy and passion that motivated his workers and therefore his business. We can say that he was a leader according to the leadership framework: Be, Know, Do: - he was a true leader. professional who possessed good character traits (such as competence and dignity of work) and above all good business sense. - he knew his profession well, and above all, he perfectly knew human nature and the importance of well-being for its workers. - he perfectly motivated his employees by setting an example and being a good role model for the workers. (“Good leadership is showing ordinary people how to do the work of superior people”). We can guess that he was a strong and influential negotiator, because he managed to obtain discounts from the railway companies to transport his products at low prices. . Rockefeller's competitors failed to do the same, so the Standard Oil Company began making money. What helped Rockefeller become effective was his sense of vision. When Rockefeller first set foot on the oil fields of western Pennsylvania in the early 1860s, he found an anarchy of independent drillers and refiners constantly in debt, desperately selling to each other and vulnerable to unnecessary boom-bust cycles. This is why middle of paper...(4) Commerce would be divided equally among the railroads, with a double share going to the Pennsylvania Railroad.(5) South Improvement would provide tank cars and loading facilities. Word got out of the Southern Improvement Project and the proposed 100 percent increase in rail rates inflamed independent producers and many small refineries. Despising his unethical business behavior, John. D Rockefeller was not above the law. His wealth attracted the attention of journalists and politicians. Rockefeller's leadership and business skills help him obtain 90% of the market for kerosene products. Unfortunately, in 1911, the United States Supreme Court ruled that Standard Oil was engaging in illegal monopolistic practices and ordered it to be divided into 34 new companies: Amoco, Chevron, Exxon, Mobil. Rockefeller, who rarely sold shares, owned all of them..