A Case Analysis of an Entrepreneur's Global Strategy IntroductionLi Ka-Shing is the president of Hutchison Whampoa Limited (HWL) and Cheung Kong Holdings in Hong Kong. He has been able to start several businesses in the electricity, telecommunications, real estate, retail, shipping and internet industries through hard work, intuition and an eye for innovation. He is not only known for his success in business but also as a philanthropist. He donated them to several charitable and educational institutions and also created his own foundation to help the needy. Li was named "Asia's Most Powerful Man" by Asiaweek in 2000. In 2006, Forbes ranked him as the tenth richest man in the world and also honored him with the first "Malcolm S. Forbes Lifetime Achievement Award ". Additionally, Li is referred to as "Superman" in Hong Kong newspapers. His rags to riches story and his integrity in dealing with people have inspired him and earned him the respect of many. Li Ka Shing has two sons, Victor Li and Richard Li, who have followed in his footsteps as an entrepreneur/businessman. 'business.Victor Li• Western education • Works for his father • Started with small projects and eventually became vice president of Cheung Kong Infrastructure Holdings Limited • Shows some signs of similarity in character with Li Ka-Shing • Seen as the savior of Air Canada which was facing bankruptcy • He gained a reputation as a solid manager with an eye for detail (Asia Inc., May 2004).Richard Li• Western education• Borrowed money from his father to start a business in own• Director of Pacific Century Cyber ​​​​Works, the largest telecommunications company in Hong Kong.• Received criticism on the acquisition of PCCW where the deal was not very transparentProblem StatementHow Victor Li and Richard Li should behave in business so as to be successful and respected like their father?Goals1. Help Victor and Richard Li acquire good values ​​and character that would influence the success of their business2. Help Victor and Richard Li create their personal business style by learning from their father's success and mistakes Areas to Consider Li Ka-Shing's Leadership Style Using Fiedler's Contingency TheoryFiedler's Contingency Theory• Leader flexibility is the ability to change leadership style• Contingency theory success is based on change: (1) the degree to which the task performed by followers is structured (outlined situational factors) (2) the degree of positional power possessed by the leader (punishments and rewards), and (3) the type of relationship that exists between the leader and followers (leader-member acceptance) Fiedler's Eight Octants Leader Position Power Octant Task Structure Leader-Member Relationships Structured Active Control – Permissive Passive Caring