Topic > Leadership by John D. Rockefeller - 1634

What makes John D. Rockefeller an effective leader? Throughout his decades of activity, one of the key characteristics that pushed Rockefeller to success was his strong leadership skills. It was not his status, nor his age that made Rockefeller a great leader. Instead, it was his influence. The people around him wanted to follow him; they were inspired by him to do more than they ever thought they were capable of. It was his ability to create a strong sense of teamwork and his energy and passion that drove his workers and therefore his company. We can say that he was a leader according to the leadership framework: Be, Know, Do: he was a true professional who possessed good character traits (such as competence and dignity of work) and above all good business sense. - he knew his job well, and above all he knew human nature perfectly and the importance of good behavior for his workers. - he motivated his employees perfectly by leading by example and being a good role model for workers. (“Good leadership is about showing average people how to do the work of superior people.”) We can therefore guess that he was a strong and influential negotiator, because he managed to obtain discounts from railway companies to transport his products at low rates. Rockefeller's competitors failed to do the same, which is why the Standard Oil Company started making money. What helped Rockefeller become a success was his sense of vision. When Rockefeller first set foot in the oil fields of western Pennsylvania in the early 1860s, he found an anarchy of independent drillers and refiners who were constantly in debt, desperately underselling each other, and vulnerable to expensive cycles of boom and bust. That's why h... half the paper...(4) The trade would be split equally among the railroads, with double the share going to the Pennsylvania Railroad.(5) South Improvement would provide tank cars and Loading Facilities. Word leaked out of the South Improvement Scheme and the proposed 100% increase in rail freight rates inflamed independent producers and many smaller refineries. Despite his unethical business behavior, John. D. Rockefeller was not above the law. His wealth attracted much attention from journalists and politicians. Rockefeller's leadership and business skills help him gain 90% of the market for kerosene products. Unfortunately, in 1911, the United States Supreme Court ruled that Standard Oil was operating in illegal monopoly practices and ordered it to be broken up into 34 new companies: Amoco, Chevron, Exxon, Mobil. Rockefeller, who had rarely sold stocks, owned shares in all of them.