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    LEADERSHIP term report

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    LEADERSHIP term

    reportWilliam Bill

    Gates

    Submitted to:Raza h syed

    Submitted by:

    Sobia faiz

    Mba

    BAHRIA UNIVERSITY

    KARACHI CAMPUS

    Submission date:

    6th

    June 2011

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    Summary

    William Bill Henry Gates is one of the most successful entrepreneurs of the world. He is able to

    run a successful and a profitable entrepreneurship for many years and even today. Microsoft co-

    founder and chief executive officer Bill Gates became the wealthiest man in America and one ofthe most influential personalities on the ever-evolving information superhighway and computer

    industry.

    Bill Gates became the most famous businessman in recent history. His supreme accomplishment

    was to design and develop innovative software for the personal computer, making PC's

    universally popular machines in user friendly language, communicating with it. Make it easier to

    work with the computer and the more accessible and widely used the computer becomes the

    Gates' gift for software design.

    His vision and dedication are the key factors of being a successful entrepreneur and these skillswere present in Bill Gates from the beginning. He has got the skills to identify the most suitable

    employee for recruitment. The success of Microsoft is the true example of the entrepreneurial

    skills of Bill Gates. The success story of Bill Gates is highly motivating for all the upcoming

    entrepreneurs. His hard work, dedication and self-confidence helped him to earn everything he

    has.

    Aside from being the most famous businessman of the late 1990s, Gates also has distinguished

    himself as a humanitarian (someone working for charity). Bill & Melinda Gates Foundation,

    focuses on helping to improve health care and education for children around the world. Being the

    richest man in the world has also enabled Gates to create one of the world's largest charitablefoundations.

    http://www.canadiantradeenclave.ca/http://www.canadiantradeenclave.ca/
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    INTRODUCTION:William Henry "Bill" Gates III (born October 28, 1955) is an American business magnate,

    philanthropist, author, and is chairman ofMicrosoft, the software company he founded with PaulAllen. He is consistently ranked among the world's wealthiest people and was the wealthiest

    overall from 1995 to 2009, excluding 2008, when he was ranked third. During his career at

    Microsoft, Gates held the positions ofCEO and chief software architect, and remains the largest

    individual shareholder, with more than 8 percent of the common stock. He has also authored or

    co-authored several books.

    Gates is one of the best-known entrepreneurs of the personal computer revolution. Although he

    is admired by many, a number of industry insiders criticize his business tactics, which they

    consider anti-competitive, an opinion which has in some cases been upheld by the courts. In the

    later stages of his career, Gates has pursued a number of philanthropic endeavors, donating largeamounts of money to various charitable organizations and scientific research programs through

    the Bill & Melinda Gates Foundation, established in 2000.

    Gates stepped down as chief executive officer of Microsoft in January 2000. He remained as

    chairman and created the position of chief software architect. In June 2006, Gates announced that

    he would be transitioning from full-time work at Microsoft to part-time work, and full-time work

    at the Bill & Melinda Gates Foundation. He gradually transferred his duties to Ray Ozzie, chief

    software architect, and Craig Mundie, chief research and strategy officer. Gates' last full-time

    day at Microsoft was June 27, 2008. He remains at Microsoft as non-executive chairman.

    Early Life:

    Family:Bill Gates grew up in an upper middle-class family with two sisters: Kristianne, who is older,

    and Libby, who is younger. Their father, William H. Gates, Sr., was a promising, if somewhat

    shy, law student when he met his future wife, Mary Maxwell. She was an athletic, outgoing

    student at the University of Washington, actively involved in student affairs and leadership. The

    Gates family atmosphere was warm and close, and all three children were encouraged to be

    competitive and strive for excellence. Bill showed early signs of competitiveness when he

    coordinated family athletic games at their summer house on Puget Sound. He also relished in

    playing board game and excelled in Monopoly.

    http://en.wikipedia.org/wiki/Business_magnatehttp://en.wikipedia.org/wiki/Philanthropyhttp://en.wikipedia.org/wiki/Chairmanhttp://en.wikipedia.org/wiki/Microsofthttp://en.wikipedia.org/wiki/Paul_Allenhttp://en.wikipedia.org/wiki/Paul_Allenhttp://en.wikipedia.org/wiki/Forbes_list_of_billionaireshttp://en.wikipedia.org/wiki/Chief_executive_officerhttp://en.wikipedia.org/wiki/Software_architecthttp://en.wikipedia.org/wiki/Common_stockhttp://en.wikipedia.org/wiki/Criticism_of_Microsofthttp://en.wikipedia.org/wiki/Bill_%26_Melinda_Gates_Foundationhttp://en.wikipedia.org/wiki/Ray_Ozziehttp://en.wikipedia.org/wiki/Craig_Mundiehttp://en.wikipedia.org/wiki/Craig_Mundiehttp://en.wikipedia.org/wiki/Ray_Ozziehttp://en.wikipedia.org/wiki/Bill_%26_Melinda_Gates_Foundationhttp://en.wikipedia.org/wiki/Criticism_of_Microsofthttp://en.wikipedia.org/wiki/Common_stockhttp://en.wikipedia.org/wiki/Software_architecthttp://en.wikipedia.org/wiki/Chief_executive_officerhttp://en.wikipedia.org/wiki/Forbes_list_of_billionaireshttp://en.wikipedia.org/wiki/Forbes_list_of_billionaireshttp://en.wikipedia.org/wiki/Paul_Allenhttp://en.wikipedia.org/wiki/Paul_Allenhttp://en.wikipedia.org/wiki/Microsofthttp://en.wikipedia.org/wiki/Chairmanhttp://en.wikipedia.org/wiki/Philanthropyhttp://en.wikipedia.org/wiki/Business_magnate
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    Bill had a very close relationship with his mother, Mary, who after a brief career as a teacher

    devoted her time to helping raise the children and working on civic affairs and with charities.

    She also served on several corporate boards, among them First Interstate Bank in Seattle

    (founded by her grandfather), the United Way, and International Business Machines (IBM). She

    would often take Bill along on her volunteer work in schools and community organizations.

    Childhood & Education:Bill was a voracious reader as a child, spending many hours poring over reference books such as

    the encyclopedia. Around the age of 11 or 12, Bill's parents began to have concerns about his

    behavior. He was doing well in school, but he seemed bored and withdrawn at times. His parents

    worried he might become a loner. Though they were strong believers in public education, when

    Bill turned 13 they enrolled him in Seattle's Lakeside School, an exclusive preparatory school.

    He blossomed in nearly all his subjects, excelling in math and science, but also doing very well

    in drama and English.

    While at Lakeside School, a Seattle computer company offered to provide computer time for the

    students. The Mother's Club used proceeds from the school's rummage sale to purchase a

    teletype terminal for students to use. Bill Gates became entranced with what a computer could do

    and spent much of his free time working on the terminal. He wrote a tic-tac-toe program in

    BASIC computer language that allowed users to play against the computer.

    It was at Lakeside School where Bill met Paul Allen, who was two years, his senior. The two

    became fast friends, bonding on their common enthusiasm over computers, even though they

    were very different. They both spent much of their free time together working on programs.Occasionally, they disagreed and would clash over who was right or who should run the

    computer lab. On one occasion, their argument escalated to the point where Allen banned Gates

    from the computer lab. On another occasion, Gates and Allen had their school computer

    privileges revoked for taking advantage of software glitches to obtain free computer time from

    the company that provided the computers. After their probation, they were allowed back in the

    computer lab when they offered to debug the program. During this time, Gates developed a

    payroll program for the computer company the boys hacked into, and a scheduling program for

    the school.

    Early age Business:In 1970, at the age of 15, Bill Gates went into business with his pal, Paul Allen. They developed

    "Traf-o-Data," a computer program that monitored traffic patterns in Seattle, and netted $20,000

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    for their efforts. Gates and Allen wanted to start their own company, but Gates' parents wanted

    him to finish school and go on to college where they hoped he would work to become a lawyer.

    Bill Gates graduated from Lakeside in 1973. He scored 1590 out of 1600 on the college SAT

    test, a feat of intellectual achievement that for several years he boasted about when introducing

    himself to new people. He enrolled at Harvard University in the fall, originally thinking of a

    career in law. But his freshman year saw him spend more of his time in the computer lab than in

    class.

    Gates remained in contact with Paul Allen who, after attending Washington State University for

    two years, dropped out and moved to Boston, Massachusetts, to work for Honeywell. In the

    summer of 1974, Gates joined Allen at Honeywell. During this time, Allen showed Gates an

    edition of Popular Electronics magazine featuring an article on the Altair 8800 mini-computer

    kit. Both boys were fascinated with the possibilities this computer could make toward personal

    computing. The Altair was made by a small company in Albuquerque, New Mexico, called

    Micro Instrumentation and Telemetry Systems (MITS). Gates and Allen contacted the company

    proclaiming they were working on a BASIC software program that would run the Altair

    computer. In reality, they didn't have an Altair to work with or the code to run it. But they

    wanted to know if MITS was interested in someone developing such software. MITS was, and its

    president Ed Roberts asked the boys for a demonstration. Gates and Allen scrambled, and spent

    the next two months writing the software at Harvard's computer lab. Allen traveled to

    Albuquerque for a test run at MITS, never having tried it out on an Altair computer. It worked

    perfectly. Allen was hired at MITS and Gates soon left Harvard to work with him, much to his

    parents' dismay. In 1975, Gates and Allen formed a partnership they called Micro-Soft, a blend

    of "micro-computer" and "software."

    Bill Gates & Microsoft

    http://en.wikipedia.org/wiki/File:Altair_8800_Computer.jpg
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    Bill Gates' success is connected directly to Microsoft. The company Microsoft was officially

    registered on 26th November, 1976 with USPTO. It was a co-effort of Bill Gates and his long

    time friend and school mate Paul Allen. The company was located initially at Albuquerque but

    on 1st January 1979, it was moved to Bellevue, Washington. Bill Gates became the chairperson

    of Microsoft in the year 1985 on 20th November.

    The name 'Windows', for the highly successful operating system launched by Microsoft, was

    suggested by Rowland Hanson, the marketing head of Microsoft. The first version of Windows,

    which was Windows 1.0, was not very successful as it was full of problems. This version was

    launched in November 1985. At the early stages of Microsoft, its main competitor, Apple,

    threatened Microsoft of a prospective lawsuit. This was because Windows seemed to have

    picked up certain features from Apple. Only after signing a Licensing Agreement with Apple

    itself, were all those issues sorted out.

    After this, Bill Gates took over the entire responsibility of all Microsoft products. Since then, he

    has played a significant role in strengthening the company. Bill Gates has been present in almost

    every area of Microsoft be it that of a manager or a software developer. Thus, it can be said that

    Microsoft is incomplete without Bill Gates.

    Early experience;Gates early experiences with computers included debugging (eliminating errors from) programs

    for the Computer Center Corporation's PDP-10, helping to computerize electric power grids forthe Bonneville Power Administration, and founding with Allen a firm called Traf-O-Data while

    still in high school. Their small company earned them twenty thousand dollars in fees for

    analyzing local traffic patterns.

    While working with the Computer Center's PDP-10, Gates was responsible for what was

    probably the first computer virus, a program that copies itself into other programs and ruins data.

    Discovering that the machine was connected to a national network of computers called Cybernet,

    Gates invaded the network and installed a program on the main computer that sent itself to the

    rest of the network's computers, making it crash (became damaged). When Gates was found out,

    he was severely punished, and he kept away from computers for his entire junior year at

    Lakeside. Without the lure of computers, Gates made plans for college and law school in 1970.

    But by 1971 he was back helping Allen write a class scheduling program for their school's

    computer.

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    Gates entered Harvard University in 1973 and pursued his studies for the next year and a half.

    His life changed in January of 1975, however, when Popular Mechanics carried a cover story on

    a $350 microcomputer, the Altair, made by a firm called MITS in New Mexico. When Allen

    excitedly showed him the story, Gates knew where he wanted to be: at the forefront of computer

    software (a program of instructions for a computer) design.

    Gates dropped out of Harvard in 1975, ending his academic life and beginning his career as a

    software designer. At this time, Gates and Allen cofounded Microsoft. They wrote programs for

    the early Apple and Commodore machines. One of Gates's most significant opportunities arrived

    in 1980, when IBM approached him to help with their personal computer project, code name

    Project Chess. Gates developed the Microsoft Disk Operating System, or MS-DOS. Not only did

    he sell IBM on the new operating system, but he also convinced the computer giant to allow

    others to write software for the machine. The result was the rapid growth of licenses for MS-

    DOS, as software developers quickly moved to become compatible IBM. By the early 1990s

    Microsoft had sold more than one hundred million copies of MS-DOS, making the operatingsystem the all-time leader in software sales. For his achievements in science and technology,

    Gates received the Howard Vollum Award in 1984 from Reed College in Portland, Oregon.

    Gates's competitive drive and fierce desire to win has made him a powerful force in business, but

    it has also consumed much of his personal life. In the six years between 1978 and 1984, he took

    a total of only two weeks vacation. But on New Year's Day 1994 Gates married Melinda French,

    a Microsoft manager, on the Hawaiian island of Lanai. The ceremony was held on the island's

    Challenge golf course, and Gates kept it private by buying out the unused rooms at the local

    hotel and by hiring all of the helicopters in the area to keep photographers from using them. His

    fortune at the time of his marriage was estimated at close to seven billion dollars. By 1997 hisworth was estimated at approximately $37 billion, earning him the title of "richest man in

    America."

    The future for Microsoft:Many criticize Gates not just for his success, but because they feel he tries to unfairlyand

    maybe even illegallydominate the market. As a result of Microsoft's market control, the U.S.

    Department of Justice brought an antitrust lawsuit (a lawsuit that is the result of a company being

    accused of using unfair business practices) against the company in 1998, saying the company

    had an illegal stronghold on the software industry.

    .

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    Gates maintained Microsoft's success over rivals such as Oracle and IBM was simply the result

    of smart, strategic decision making. U.S. District Judge Thomas P. Jackson did not agree, and in

    November 1999, he found Microsoft to be a that used its market power to harm competing

    companies. Because of the ruling, Gates faced the prospect of breaking up Microsoft.

    On January 13, 2000, Gates handed off day-to-day management of Microsoft to friend and right-

    hand man Steve Ballmer, adding chief executive officer to his existing title of president. Gates

    held on to his position as chairman in the reshuffle, and added the title of chief software

    architect.

    In the spring of 2002 Gates himself was scheduled to testify on behalf of Microsoft. The final

    ruling on the fate of Microsoft has the potential to be a landmark decision on the future of the

    computer industry.

    Bill Gates and IBM:IBM approached Microsoft in the year 1980 with a proposal of creating an operating system for

    their first personal computer. Bill gates created OS/2 for this purpose and gave it to IBM. The

    partnership of Microsoft and IBM was ended in 1991 on 16th May.

    In 1980, IBM approached Microsoft to write the BASIC interpreter for its upcoming personal

    computer, the IBM PC. When IBM's representatives mentioned that they needed an operating

    system, Gates referred them to Digital Research (DRI), makers of the widely used CP/M

    operating system. IBM's discussions with Digital Research went poorly, and they did not reach a

    licensing agreement. IBM representative Jack Sams mentioned the licensing difficulties during asubsequent meeting with Gates and told him to get an acceptable operating system. A few weeks

    later Gates proposed using 86-DOS (QDOS), an operating system similar to CP/M that Tim

    Paterson of Seattle Computer Products (SCP) had made for hardware similar to the PC.

    Microsoft made a deal with SCP to become the exclusive licensing agent, and later the full

    owner, of 86-DOS. After adapting the operating system for the PC, Microsoft delivered it to IBM

    as PC-DOS in exchange for a one-time fee of $50,000. Gates did not offer to transfer the

    copyright on the operating system, because he believed that other hardware vendors would clone

    IBM's system. They did, and the sales of MS-DOS made Microsoft a major player in the

    industry.]

    Gates oversaw Microsoft's company restructuring on June 25, 1981, which re-incorporated the

    company in Washington state and made Gates President of Microsoft and the Chairman of the

    Board.

    http://en.wikipedia.org/wiki/IBMhttp://en.wikipedia.org/wiki/IBMhttp://en.wikipedia.org/wiki/IBM_PChttp://en.wikipedia.org/wiki/Digital_Researchhttp://en.wikipedia.org/wiki/CP/Mhttp://en.wikipedia.org/wiki/86-DOShttp://en.wikipedia.org/wiki/Tim_Patersonhttp://en.wikipedia.org/wiki/Tim_Patersonhttp://en.wikipedia.org/wiki/Seattle_Computer_Productshttp://en.wikipedia.org/wiki/IBM_PC-DOShttp://en.wikipedia.org/wiki/Copyrighthttp://en.wikipedia.org/wiki/MS-DOShttp://en.wikipedia.org/wiki/MS-DOShttp://en.wikipedia.org/wiki/Copyrighthttp://en.wikipedia.org/wiki/IBM_PC-DOShttp://en.wikipedia.org/wiki/Seattle_Computer_Productshttp://en.wikipedia.org/wiki/Tim_Patersonhttp://en.wikipedia.org/wiki/Tim_Patersonhttp://en.wikipedia.org/wiki/86-DOShttp://en.wikipedia.org/wiki/CP/Mhttp://en.wikipedia.org/wiki/Digital_Researchhttp://en.wikipedia.org/wiki/IBM_PChttp://en.wikipedia.org/wiki/IBMhttp://en.wikipedia.org/wiki/IBM
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    Windows:Microsoft launched its first retail version ofMicrosoft Windows on November 20, 1985, and in

    August, the company struck a deal with IBM to develop a separate operating system called OS/2.Although the two companies successfully developed the first version of the new system,

    mounting creative differences undermined the partnership. Gates distributed an internal memo on

    May 16, 1991, announcing that the OS/2 partnership was over and Microsoft would shift its

    efforts to the Windows NT kernel development.[37]

    Management style:From Microsoft's founding in 1975 until 2006, Gates had primary responsibility for the

    company's product strategy. He aggressively broadened the company's range of products, and

    wherever Microsoft achieved a dominant position he vigorously defended it. He gained a

    reputation for being distant to others; as early as 1981 an industry executive complained in

    public that "Gates is notorious for not being reachable by phone and for not returning phone

    calls.

    As an executive, Gates met regularly with Microsoft's senior managers and program managers.

    Firsthand accounts of these meetings describe him as verbally combative, berating managers for

    perceived holes in their business strategies or proposals that placed the company's long-term

    interests at risk. He often interrupted presentations with such comments as, "That's the stupidest

    thing I've ever heard! and, "Why don't you just give up your options and join the Peace Corps?"

    The target of his outburst then had to defend the proposal in detail until, hopefully, Gates was

    fully convinced.[41]When subordinates appeared to be procrastinating, he was known to remark

    sarcastically, "I'll do it over the weekend."

    Gates's role at Microsoft for most of its history was primarily a management and executive role.

    However, he was an active software developer in the early years, particularly on the company's

    programming language products. He has not officially been on a development team since

    working on the TRS-80 Model 100, but wrote code as late as 1989 that shipped in the company's

    products.[44]On June 15, 2006, Gates announced that he would transition out of his day-to-day

    role over the next two years to dedicate more time to philanthropy. He divided hisresponsibilities between two successors, placing Ray Ozzie in charge of day-to-day management

    and Craig Mundie in charge of long-term product strategy.

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    Antitrust litigation:

    Bill Gates giving his deposition at Microsoft on August 27, 1998

    Many decisions that led to antitrust litigation over Microsoft's business practices have had Gates'

    approval. In the 1998 United States v. Microsoft case, Gates gave deposition testimony that

    several journalists characterized as evasive. He argued with examiner David Boies over the

    contextual meaning of words like "compete", "concerned" and "we".BusinessWeekreported:

    Early rounds of his deposition show him offering obfuscatory answers and saying 'I don't recall,'

    so many times that even the presiding judge had to chuckle. Worse, many of the technology

    chief's denials and pleas of ignorance were directly refuted by prosecutors with snippets of e-mail Gates both sent and received.

    Gates later said that he had simply resisted attempts by Boies to mischaracterize his words and

    actions. Whatever that penalty is should be levied against me: rudeness to Boies in the first

    degree." Despite Gates's denials, the judge ruled that Microsoft had committed monopolization

    and tying, and blocking competition, both in violation of the Sherman Antitrust Act.

    APPEARANCE IN ADS:Gates appeared in a series of ads to promote Microsoft in 2008. The first commercial, co-starringJerry Seinfeld, is a 90-second talk between strangers as Seinfeld walks up on a discount shoe

    store in a mall and notices Gates buying shoes inside. The salesman is trying to sell Mr. Gates

    shoes that are a size too big. As Gates is buying the shoes he holds up his discount card, which

    uses a slightly altered version of his own mugshot of his arrest in New Mexico in 1977 for a

    traffic violation.[51]As they are walking out of the mall, Seinfeld asks Gates if he has melded his

    mind to other developers, after getting a yes, he then asks if they are working on a way to make

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    computers edible, again getting a yes. Some say that this is an homage to Seinfeld's own show

    about "nothing" (Seinfeld). In a second commercial in the series, Gates and Seinfeld are at the

    home of an average family trying to fit in with normal people.

    POST-MICROSOFT:Since leaving Microsoft, Gates continues his philanthropy and, among other projects, purchased

    the video rights to the Messenger Lectures series calledThe Character of Physical Law, given at

    Cornell University by Richard Feynman in 1964 and recorded by the BBC. In April 2010, Gates

    was invited to visit and speak at the Massachusetts Institute of Technology where he asked the

    students to take on the hard problems of the world in their futures.[55][56]

    Personal lifeGates married Melinda French from Dallas, Texas on January 1, 1994. They have three children:

    daughter Jennifer Katharine Gates born 1996 (age 1415), son Rory John Gates born 1999

    (age 1112), and daughter Phoebe Adele Gates born 2002 (age 89). The Gates' home is an

    earth-sheltered house in the side of a hill overlooking Lake Washington in Medina.

    Also among Gates's private acquisitions is the Codex Leicester, a collection of writings by

    Leonardo da Vinci, which Gates bought for $30.8 million at an auction in 1994.[58]Gates is also

    known as an avid reader, and the ceiling of his large home library is engraved with a quotation

    fromThe Great Gatsby. He also enjoys playing bridge, tennis, and golf.

    [60][61]

    Gates was number one on the Forbes 400 list from 1993 through to 2007 and number one on

    Forbes list ofThe World's Richest People from 1995 to 2007 and 2009. In 1999, Gates's wealth

    briefly surpassed $101 billion, causing the media to call him a "centibillionaire. Since 2000, the

    nominal value of his Microsoft holdings has declined due to a fall in Microsoft's stock price after

    the dot-com bubble burst and the multi-billion dollar donations he has made to his charitable

    foundations. In a May 2006 interview, Gates commented that he wished that he were not the

    richest man in the world because he disliked the attention it brought. Gates has several

    investments OUTSIDE Microsoft, which in 2006 paid him a salary of $616,667 and $350,000

    bonus totalling $966,667.[64]

    He founded Corbis, a digital imaging company, in 1989. In 2004 hebecame a director ofBerkshire Hathaway, the investment company headed by long-time friend

    Warren Buffett.[65] In March 2010 Bill Gates was bumped down to the 2nd wealthiest man

    behind Carlos Slim.

    http://en.wikipedia.org/wiki/Seinfeldhttp://en.wikipedia.org/wiki/Seinfeldhttp://en.wikipedia.org/wiki/Seinfeldhttp://en.wikipedia.org/wiki/Messenger_Lectureshttp://en.wikipedia.org/wiki/The_Character_of_Physical_Lawhttp://en.wikipedia.org/wiki/The_Character_of_Physical_Lawhttp://en.wikipedia.org/wiki/The_Character_of_Physical_Lawhttp://en.wikipedia.org/wiki/Cornell_Universityhttp://en.wikipedia.org/wiki/Richard_Feynmanhttp://en.wikipedia.org/wiki/Massachusetts_Institute_of_Technologyhttp://en.wikipedia.org/wiki/Bill_Gates#cite_note-54http://en.wikipedia.org/wiki/Bill_Gates#cite_note-54http://en.wikipedia.org/wiki/Bill_Gates#cite_note-54http://en.wikipedia.org/wiki/Dallas,_Texashttp://en.wikipedia.org/wiki/Bill_Gates%27_househttp://en.wikipedia.org/wiki/Earth_shelteringhttp://en.wikipedia.org/wiki/Lake_Washingtonhttp://en.wikipedia.org/wiki/Codex_Leicesterhttp://en.wikipedia.org/wiki/Leonardo_da_Vincihttp://en.wikipedia.org/wiki/Bill_Gates#cite_note-57http://en.wikipedia.org/wiki/Bill_Gates#cite_note-57http://en.wikipedia.org/wiki/Bill_Gates#cite_note-57http://en.wikipedia.org/wiki/The_Great_Gatsbyhttp://en.wikipedia.org/wiki/The_Great_Gatsbyhttp://en.wikipedia.org/wiki/The_Great_Gatsbyhttp://en.wikipedia.org/wiki/Bill_Gates#cite_note-59http://en.wikipedia.org/wiki/Bill_Gates#cite_note-59http://en.wikipedia.org/wiki/Bill_Gates#cite_note-59http://en.wikipedia.org/wiki/Forbes_400http://en.wikipedia.org/wiki/Lists_of_billionaireshttp://en.wikipedia.org/wiki/Dot-com_bubblehttp://en.wikipedia.org/wiki/Bill_Gates#cite_note-63http://en.wikipedia.org/wiki/Bill_Gates#cite_note-63http://en.wikipedia.org/wiki/Bill_Gates#cite_note-63http://en.wikipedia.org/wiki/Corbishttp://en.wikipedia.org/wiki/Berkshire_Hathawayhttp://en.wikipedia.org/wiki/Warren_Buffetthttp://en.wikipedia.org/wiki/Bill_Gates#cite_note-64http://en.wikipedia.org/wiki/Bill_Gates#cite_note-64http://en.wikipedia.org/wiki/Bill_Gates#cite_note-64http://en.wikipedia.org/wiki/Carlos_Slimhttp://en.wikipedia.org/wiki/Carlos_Slimhttp://en.wikipedia.org/wiki/Bill_Gates#cite_note-64http://en.wikipedia.org/wiki/Warren_Buffetthttp://en.wikipedia.org/wiki/Berkshire_Hathawayhttp://en.wikipedia.org/wiki/Corbishttp://en.wikipedia.org/wiki/Bill_Gates#cite_note-63http://en.wikipedia.org/wiki/Dot-com_bubblehttp://en.wikipedia.org/wiki/Lists_of_billionaireshttp://en.wikipedia.org/wiki/Forbes_400http://en.wikipedia.org/wiki/Bill_Gates#cite_note-59http://en.wikipedia.org/wiki/Bill_Gates#cite_note-59http://en.wikipedia.org/wiki/The_Great_Gatsbyhttp://en.wikipedia.org/wiki/Bill_Gates#cite_note-57http://en.wikipedia.org/wiki/Leonardo_da_Vincihttp://en.wikipedia.org/wiki/Codex_Leicesterhttp://en.wikipedia.org/wiki/Lake_Washingtonhttp://en.wikipedia.org/wiki/Earth_shelteringhttp://en.wikipedia.org/wiki/Bill_Gates%27_househttp://en.wikipedia.org/wiki/Dallas,_Texashttp://en.wikipedia.org/wiki/Bill_Gates#cite_note-54http://en.wikipedia.org/wiki/Bill_Gates#cite_note-54http://en.wikipedia.org/wiki/Massachusetts_Institute_of_Technologyhttp://en.wikipedia.org/wiki/Richard_Feynmanhttp://en.wikipedia.org/wiki/Cornell_Universityhttp://en.wikipedia.org/wiki/The_Character_of_Physical_Lawhttp://en.wikipedia.org/wiki/Messenger_Lectureshttp://en.wikipedia.org/wiki/Seinfeld
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    GATES AS PHILANTHROPIST:Aside from being the most famous businessman of the late 1990s, Gates also has distinguished

    himself as a philanthropist (someone working for charity). He and wife Melinda established the

    Bill & Melinda Gates Foundation, which focuses on helping to improve health care and

    education for children around the world. The foundation has donated $4 billion since its start in

    1996. Recent pledges include $1 billion over twenty years to fund college scholarships for about

    one thousand minority students; $750 million over five years to help launch the Global Fund for

    Children's Vaccines; $50 million to help the World Health Organization's efforts to eradicate

    polio, a crippling disease that usually attacks children; and $3 million to help prevent the spread

    of acquired immune deficiency syndrome (AIDS; an incurable disease that destroys the body's

    immune system) among young people in South Africa. In November 1998 Gates and his wife

    also gave the largest single gift to a U.S. public library, when they donated $20 million to theSeattle Public Library. Another of Gates's charitable donations was $20 million given to the

    Massachusetts Institute of Technology to build a new home for its Laboratory for Computer

    Science.

    In July 2000 the foundation gave John Hopkins University a five-year, $20 million grant to study

    whether or not inexpensive vitamin and mineral pills can help save lives in poor countries. On

    November 13, 2000, Harvard University's School of Public Health announced it had received

    $25 million from the foundation to study AIDS prevention in Nigeria. The grant was the largest

    single private grant in the school's history. It was announced on February 1, 2001, that the

    foundation would donate $20 million to speed up the global eradication (to completely erase) ofthe disease commonly known as elephantiasis, a disease that causes disfigurement. In 2002

    Gates, along with rock singer Bono, announced plans for DATA Agenda, a $24 billion fund

    (partially supported by the Bill and Melinda Gates Foundation) that seeks to improve health care

    in Africa.

    Although many describe Gates as cold and distant, his friends find him friendlier since his

    marriage and since the birth of his daughter, Jennifer, in April 1996. Further, he recognizes his

    overall contribution to both the world of technology and his efforts in philanthropy. In Forbes

    magazine's 2002 list of the two hundred richest people in the world, Gates was number one for

    the eighth straight year, coming in with a net worth of $52.8 billion

    Being the richest man in the world has also enabled Gates to create one of the world's largest

    charitable foundations. The Bill and Melinda Gates Foundation has an endowment of more than

    $28 billion, with donations totaling more than $1 billion every year. The foundation was formed

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    in 2000 after merging the "Gates Learning Foundation" and "William H. Gates Foundation".

    Their aim is to "bring innovations in health and learning to the global community".

    Bill Gates continues to play a very active role in the workings of the Microsoft Company, but has

    handed the position of CEO over to Steve Ballmer. Gates now holds the positions of "Chairman"

    and "Chief Software Architect". He has started that he plans to take on fewer responsibilities at

    Microsoft and will eventually devote all his time to the Bill & Melinda Gates Foundation.

    In 2006, the second richest man in the world, Warren Buffett pledged to give much of his vast

    fortune to the Bill and Melinda Gates Foundation.

    BILL GATES NET WORTH:

    With an estimated wealth of $53 billion in 2006, Bill Gates is the richest man in the world and he

    should be starting to get used to the number spot as he has been there from the mid-ninties up

    until now. The famous investor Warren Buffett is gaining on Gates though with an estimated $46

    billion in 2006.

    Microsoft hasn't just made Bill Gates very wealthy though. According to the Forbes business

    magazine in 2004 Paul Allen, Microsoft cofounder was the 5th richest man in the world with an

    estimated $21 billion. While Bill Gates' long time friend and Microsoft CEO, Steve Ballmer was

    the 19th richest man in the world at $12.4 billion.

    BILL GATES RECEIVES A KBE:In March 2005 William H. Gates received an "honorary" knighthood from the queen of England.

    Gates was bestowed with the KBE Order (Knight Commander of the Most Excellent Order of

    the British Empire) for his services in reducing poverty and improving health in the developing

    countries of the world. After the privately held ceremony in Buckingham Palace with Her

    Majesty Queen Elizabeth II, Gates commented on the recognition.

    "I am humbled and delighted. I am particularly pleased that this honor helps recognize the

    real heroes our foundation (Bill and Melinda Gates Foundation) supports to improve health

    in poor countries. Their incredible work is helping ensure that one day all people, no matter

    where they are born, will have the same opportunity for a healthy life, and I'm grateful to

    share this honor with them."

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    The KBE Order of the British Empire is the second highest Order given out, but it is only an

    honorary knighthood as only citizens that are British or a part of the Commonwealth receive the

    full Order. This means that Gates does not become Sir Bill Gates.

    Bill Gates lives near Lake Washington with his wife Melinda French Gates and their three

    children. Interests of Gates include reading, golf and playing bridge.

    RECOGNITION:In 1987 Gates was officially declared a billionaire in the pages of Forbes' 400 Richest People in

    America issue, just days before his 32nd birthday. As the world's youngest self-made billionaire,

    he was worth $1.25 billion, over $900 million more than he'd been worth the year before, when

    he'd debuted on the list.

    Time magazine named Gates one of the 100 people who most influenced the 20th century, as

    well as one of the 100 most influential people of 2004, 2005, and 2006.Time also collectively

    named Gates, his wife Melinda and U2's lead singer Bono as the 2005 Persons of the Year for

    their humanitarian efforts.In 2006, he was voted eighth in the list of "Heroes of our time". Gates

    was listed in theSunday Timespower list in 1999, named CEO of the year by Chief Executive

    Officers magazine in 1994, ranked number one in the "Top 50 Cyber Elite" by Time in 1998,

    ranked number two in theUpsideElite 100 in 1999 and was included inThe Guardianas one of

    the "Top 100 influential people in media" in 2001.

    In 1994, he was honoured as the twentieth Distinguished Fellow of the British Computer Society.

    Gates has received honorary doctorates from Nyenrode Business Universiteit, Breukelen, The

    Netherlands, in 2000; the Royal Institute of Technology, Stockholm, Sweden, in 2002; Waseda

    University, Tokyo, Japan, in 2005; Tsinghua University, Beijing, China, in April 2007; Harvard

    University in June 2007;[ the Karolinska Institutet, Stockholm, in January 2008, and Cambridge

    University in June 2009.[ He was also made an honorary trustee ofPeking University in 2007.

    Gates was also made an honorary Knight Commander of the Order of the British Empire (KBE)

    by Queen Elizabeth II in 2005,addition to having entomologists name the Bill Gates flower fly,

    Eristalis gatesi, in his honor.

    In November 2006, he and his wife were awarded the Order of the Aztec Eagle for theirphilanthropic work around the world in the areas of health and education, particularly in Mexico,

    and specifically in the program "Un pas de lectores". In October 2009, it was announced that

    Gates will be awarded the 2010 Bower Award for Business Leadership ofThe Franklin Institute

    for his achievements in business and for his philanthropic work. In 2010 he was honored with the

    Silver Buffalo Award by the Boy Scouts of America, its highest award for adults, for his service

    to youth.

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    INVESTMENTS Cascade Investments LLC, a private investment and holding company, incorporated in

    United States, is controlled by Bill Gates, and is headquartered in the city of Kirkland,WA.

    bgC3, a new think-tank company founded by Bill Gates. Corbis, a digital image licensing and rights services company. TerraPower, a nuclear reactor design company. Business @ the Speed of Thought is a bookwritten by Bill Gates in 1999. It discusses

    how business and technology are integrated, and shows how digital infrastructures and

    information networks can help getting an edge on the competition.

    Gates asserts cyberspace and industry can no longer be separate entities, and thatbusinesses must change to succeed in the Information Age. Though the book is not a

    technology handbook it gives interesting insights as to how to integrate business process

    with technology. It gives one an understanding of how advances in networking and

    information technology can make a difference in day to day business.

    The Book has summaries on what the chapter speaks about and what the Digital NervousSystem must do to make sure the particular act explained before is done. In the way to

    explains things he quotes peoples who have led to great growth at their company like

    Sloan of General motors, Jeff and Pat of Microsoft and so on

    BOOKS BY BILL GATES:Business @ the Speed of Thought:

    This book is written by Bill Gates in 1999. It discusses how business and technology areintegrated, and shows how digital infrastructures and information networks can help

    getting an edge on the competition.

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    Gates asserts cyberspace and industry can no longer be separate entities, and that businessmust change to succeed in the Information Age. Though the book is not a technology

    handbook it gives interesting insights as to how to integrate business process with

    technology. It gives one an understanding of how advances in networking and

    information technology can make a difference in day to day business.

    The Book has summaries on what the chapter speaks about and what the Digital NervousSystem must do to make sure the particular act explained before is done. In the way to

    explains things he quotes peoples who have led to great growth at their company like

    Sloan of General motors, Jeff and Pat of Microsoft and so on.

    The Road Ahead,

    This book is also written by Bill Gates, Nathan Myhrvold and Peter Rinearson andpublished in November 1995, summarized the implications of the personal computing

    revolution and described a future profoundly changed by the arrival of a global

    information superhighway.

    Gates received a $2.5 million advance for his book and money from subsidiary rightssales; all his proceeds were donated to "encourage the use of technology in educationadministered through the National Foundation for the Improvement of Education," a

    foundation created by the National Education Association.

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    LEADERSHIP STYLE OF BILLGATEGates' foresight and vision regarding personal computing have been central to the success of

    Microsoft and the software industry. Gates is actively involved in key management and strategic

    decisions at Microsoft, and plays an important role in the technical development of new

    products. Much of his time is devoted to meeting with customers and staying in contact with

    Microsoft employees around the world through e- mail. The lens is all about the success story of

    Bill Gates and his windows. The lens talks about his relation with Microsoft and IBM. For those

    who admire this entrepreneur, the lens will be very special as it talks about secrets of his success

    and his achievements.

    Facts about Bill Gates Queen Elizabeth gave him the title of 'Knight Commander of the Order of the

    British Empire'.

    IBM contracted him for the development of their first Personal Computer. He is the Co-Founder and the Chairperson of Microsoft. He is the world's third richest person (As per the survey done in 2008) He is an American Business Magnate. Yes, it is Mr. Bill Gates, a living example of success. Microsoft Windows is the world's most successful operating system. And the man

    behind its success is Bill Gates.

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    Gates is a strong and energizing person his enthusiasm, hard working nature, judgment skills

    reflect his personality. His motivating power and involving his friends to working with him

    became the success of Microsoft. The Leadership style of Bill Gates is a mix of Delegative and

    Participative style.

    DELEGATE STYLE:

    Gates pay high attention to recruit and retain best talent in software industry as he believes it is

    very critical element. He delegates the authority to manager to run their independent department.

    He has given free hand to his researches and made teams and groups out of them for more

    product launches. At the same time he is careful in his judgment and control. Bill Gates isn't that

    picky. He is more hands-off and just reviews the final product and gives his input. He leaves it to

    others to review the prototypes.

    AUTHORITATIVE:

    Authoritative leaders can be summarized as being experts in their field of work that are

    able to clearly articulate a vision and the path to success. Bill Gates has ability to

    mobilize people towards a vision. One of the interesting aspects of Bill Gates this style is

    that even though he is considered an authority, he allows the followers to figure out the

    best way to accomplish their goals.

    Power is the engine that drives the ability to influence. To understand leadership effectiveness

    therefore, an analysis of the complex web of power relationships and influence processes in organizations is

    essential. We also need to examine the sources of power and the relationship of different power sources toleadership effectiveness.

    PARTICIPATIVE

    Bill Gates leadership is participative style because he involves his subordinate in

    decision making. He is a flexible person and he recognized his role was to be

    visionary of the company. When ever needed he bring professional manager for

    managing and well structure of the organization? Gates is a strong and energizing

    person his enthusiasm, hard working nature, judgment skills reflect his personality.

    His motivating power and involving his friends to working with him became thesuccess of Microsoft.

    Gates adopting the changes very fast that are his enthusiasm vision and hard working

    give him the success. Gates always recognized him as a visionary he always recognize

    professional management, he decentralize authority to make organization structure

    better.

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    Bill Gates' Secrets of SuccessBill Gates complete his voyage Of Success with following Key points as.

    HARD WORK:Bill Gates is a hard worker since the beginning of his life. In his college days, he used to work

    all night long on his computer. When Microsoft was started, Bill Gates used to sleep only for 6

    hours in a day without skipping a single day of office. For Bill Gates, hard work is one of the

    main keys of success.

    Entrepreneurship:Entrepreneurship is an integral part and is present in Bill Gates from the beginning. He knows

    how to manage his work, he always takes a keen interest in learning, he learns from his ownmistakes, he is a creative person and, most of all, and he is focused towards his goals.

    Confidence:Bill Gates has always been a highly confident person. He was always confident about his dream

    of becoming successful.

    Managerial Skills:The great managerial skills of Bill Gates helped Microsoft to be a successful company. He

    efficiently managed all the areas of the company which required his focus.

    A Great Convincer:Bill Gates is gifted with great convincing skills. He has made lots of successful deals in his

    career. The deal with IBM was one of them.

    Technical Mind:Bill Gates is born with a highly technical bent of mind. It is a gift of god to him. Microsoft has

    earned lots of success through this technical mind.

    He Had A Vision:

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    From day one, Gates dreamed of having a personal computer in every home, in every business

    and in every school. Throughout his career, he never once wavered from this dream. Focusing on

    software as the means to popularize the PC, Gates built his empire around this central vision and

    steered clear of all other distractions. And, the vision continues today.

    He Had a Solid Team:If we werent still hiring great people and pushing ahead at full speed, it would be easy to fall

    behind and become a mediocre company, says Gates. From Microsofts inception, Gates

    prioritized his team, bringing in only trusted friends to help him get the company started. As the

    company grew, he insisted that they hire only the most capable young minds and strove to create

    a small and creative environment for them to thrive in. Microsoft succeeded not only because of

    Gates, but also because of the strong team that stood behind him.

    He Took a Long-Term Approach:In the decade ahead I can predict that we will provide over twice the productivity improvement

    that we provided in the 90s, said Gates. This bold statement captures Gates philosophy behind

    his entire business. Never one to chase after instant success or an immediate pay-off, Gates

    began coding software with a view to the next fifty years. He has constantly tried to keep his

    company at the forefront of new technological developments by funding new research initiatives.

    Gates long-term approach helped ensure Microsofts remarkable staying power.

    He Learned From Failure:

    In hindsight, Gates early failures seem so miniscule that they are almost laughable. But, as a

    struggling entrepreneur, he went through the same frustration, confusion and despair that others

    in his situation also face. What distinguishes Gates from the rest was his ability to rebound from

    his mistakes and take whatever lessons he could from them. He then became even more resolute

    and determined to see his vision realize.

    He Never Stopped Asking Questions:I believe that through our natural inventiveness, creativity and willingness to solve tough

    problems, were going to make some amazing achievements, said Gates speaking to the futurepossibilities for medicine, education and technology. When Gates faced a dilemma, he didnt

    stop and give up. He asked questions about what could be done to solve the problem. From his

    business activities to his philanthropic efforts, Gates curiosity and desire to constantly be

    learning has been one of the key factors behind his success.

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    If I'd had some set idea of a finish line, don't you think I would have crossed it years ago? asks

    Gates. Showing no signs of slowing down, Gates continues to fuel his business, inspire his

    workers and make his contribution to the global village

    At Microsoft, there are lots of brilliant ideas but the image is that they all come from the top,

    says Gates. Im afraid thats not quite right.While Gates has been the famous face of Microsoft for over thirty years, it took the help of

    numerous other trusted individuals to help realize the companys success.

    When Allen and Gates first met as students at Lakeside, they instantly formed a strong bond over

    their passion for computers. And, it was a bond that would last for the rest of their lives.

    Knowing each others strengths and weaknesses, interests and passions and having a strong sense

    of trust enabled these two entrepreneurs to form one of the most successful working relationships

    of the 20th century.

    Gates, recognizing the importance of a solid and trustworthy team, also brought on two former

    high school friends, Ric Weiland and Marc McDonald, to be part of the core Microsoft group.

    Gates knew that if Microsoft was going to get its feet off the ground, it was going to take the

    hard work and sweat that he trusted few others to put in. From day one,he understood the

    importance of having a small team that could join together each persons enthusiasm around a

    common goal. When Gates moved the operation to Seattle in 1979, he had a staff of 16 people.

    As Microsoft grew, so too did the number of employees that the company required. Gates

    continued to bring in trusted friends of his whose characters he understood and who he knew he

    could trust, including his friend from college, Steve Ballmer, who was thereafter in charge of

    human resources. Steve and I were kind of driving the business and Paul and I were driving the

    technology, recalls Gates. Our success has really been based on partnerships from the very

    beginning.

    The move to Seattle proved to be a boon for Microsoft in that it enabled the company to have a

    much wider range of skilled candidates to choose from. In the world of software a lot of the

    brilliant ideas of Microsoft come from a broad set of great people we've been able to hire, says

    Gates. In one particularly key move, Ballmer hired Charles Simonyi, one of the original founders

    of the Xerox Palo Alto research lab, whose knowledge about graphical interfaces made a

    significant contribution to Microsofts later graphical applications.

    Their number of staff began increasing into the thousands, the company typically focused on

    hiring people right out of school. Most of our developers, we decided that we wanted them to

    come with clear minds, not polluted by some other approach, to learn the way that we liked to

    develop software, and to put the kind of energy into it that we thought was key, recalls Gates.

    Microsoft continues to seek out only the best in order to help it stay ahead of its increasingly

    fierce competition. They key for us, number one, has always been hiring very smart people,

    says Gates. There is no way ofgetting around, that in terms of IQ, youve got to be very elitist

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    in picking people who deserve to write software. Ninety-five percent of the people shouldnt

    write complex software.

    By hiring the best and the brightest and carrying out work in small teams that stimulate free and

    creative thinking, Microsoft has managed to retain its competitive edge for over three decades

    Though he never set out to be a millionaire, Gates not only became the worlds first cent

    billionaire in 1999, but also one of the worlds most respected entrepreneurs for having

    revolutionized the world of computers and setting new industry standards. I really had a lot of

    dreams when I was a kid, recalls Gates.

    Power is the engine that drives the ability to influence. To understand leadership effectiveness

    therefore, an analysis of the complex web of power relationships and influence processes in

    organizations is essential. We also need to examine the sources of power and the relationship of

    different power sources to leadership effectiveness.

    CHARACTERISTICS OF BILL GATESINTELLIGENT:He believes that if you are intelligent and know how to apply your intelligence, you can achieve

    anything. From childhood Bill was ambitious, intelligent and competitive. These qualities helped

    him to attain top position in the profession he chose

    VISIONARY:Microsoft's vision is "A computer on every desk and Microsoft software on every computer he

    will continue to stomp out the competition until he dies. Every business and household must

    have a computer and must run Microsoft software, was the basic guiding vision of Bill Gates.

    PASSION:When as a student at the Harvard University, every single student would have wanted to be part

    of the great institute and graduate to be successful, Bill Gates decided to stop studying and

    pursue his dream of writing softwares for every computer in the world

    He was just passionate about software, coding and technology that incidentally also made him

    the richest man in the world.

    INNOVATION:

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    Gates and Allen were assisted by a staff of six, which included four programmers. In late 1977,

    Gates released a version of FORTRAN language for microcomputers. In 1978, Gates and Allen

    introduced a version of COBOL. Around this time, Microsoft emerged as the market leader in

    microcomputer languages with sales exceeding $1 million. In 1979, Microsoft developed a new

    version of BASIC... He had an early interest in software and began programming computers at

    the age of thirteen.

    RISK BEARER:In his junior year, Gates dropped out of Harvard to devote his energies full-time to Microsoft, a

    company he had started in 1975 with his boyhood friend Paul Allen development of new

    products.

    CONTINOUS LEARNER:Microsoft is not about greed. Its about Innovation and Fairness. Bill Gates

    Never stop learning was the Mantra of Bill Gates which he follow till date. This empowers him

    to be a Great Leader of our times. He will always be remembers as an Icon and even without his

    presence in Microsoft he would still be regarded as a great inventor and a real genius in every

    regard of Business, Technology and Entrepreneurship.

    ACCEPTING THE CRITICISMS:Its fine to celebrate success but it is more important to heed the lessons of failure.

    There will be people who would want to make fun of your efforts, pull you down and so on. The

    stronger you stand the bolder you get the faster these negatives wither. When IBM pulled out of

    the contract for the operating system to be bundled with the IBM Clone PCs, Bill Gates stayed

    on and started focusing on the creating Windows amidst lots of hiccups that will hamper the

    company.

    OTHER KEY LESSONS-BILL GATES:If you show people the problems and you show them the solutions they will be moved to act. Bill Gates

    This is one never mentioned secret of success. Action is the key word.

    When logic never drives us its emotions. We must have take action. Bill

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    Gates as a small young boy never had anything to lose which he kept telling his good friend Paul

    Allen. When he had several odds again him such as the American Law and several cases against

    him, he still consistently took action by developing more software which the people wanted. This

    made him a super star overnight.

    Whether its Google or Apple or free software, weve got some fantastic competitors and it

    keeps us on our toes Bill Gates

    Bill Gates took up the responsibility of being the Chief Software Architect, Bill Gates was

    nurturing Microsoft by building a broad range of products. This was not just capitalizing on the

    knowledge but provide the best by understanding the need of the people.

    SOURCES & TYPES OF POWER POSSESSED BY BILL GATESPosition PowerLegitimate Power: It is based on his position power given by the organization. It is also called

    the legitimization influencing tactic. Employees agree to comply with management authority in

    return for the benefit of members. The use of legitimate power is appropriate whenasking a

    person to do something that is within the scope of their job.

    Legitimate Use of Rational PersuasionIt is used by Bill Gates while dealing with higher-level managers. Rational Persuasion includes

    logical arguments with factual evidence to persuade others to implement your recommended

    action

    Reward Power:It is based on the leaders ability to influence others with something of value to them. Microsoft

    is famous for giving huge remuneration packages to its employees. An important part of reward

    power is having control over resources, such as allocating expense & budget funds.

    Bill Gates has full control over evaluating employees performance determining their raises,

    promotions & other rewards.

    Coercive Power

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    The use of coercive power involves punishment & withholding of rewards to influence

    compliance. It is also called the pressure influencing tactics. Bill was a autocratic leader but he

    never made rash threats & used coercion to manipulate others or to gain personal benefits.

    PERSONAL POWERSPersonal power is derived from the follower based on the leaders behavior. It includes expertise,

    friendship or loyalty and charisma. Expert Power: It is based on the users skill & knowledge.

    Being an expert makes other people dependent on the leader. People often respect an expert &

    fewer the people who possess an expertise, the more power the individual has. Bill Gates is a

    master of his subject & his knowledge, skills, expertise is never questioned, tagging him having

    the expert power.

    Referent Power:It is based on leaders personal relationships with others. It is also called the personal appeals

    influencing tactics based on loyalty & friendship. But with Bill Gates it is more of loyalty due to

    his autocratic behavior towards his employees. People stay at Microsoft for longer time period

    than most of the companies.

    INFLUENCE TACTICS

    RATIONAL PERSUASIONBill Gates extremely used this tactic by applying its functions in a very logical manner.

    Bill always explained why the objectives need to be met. He was very clear on the benefits

    which the followers would get & conveyed the same to others.

    He was very motivational regarding the set objectives & provided subtle evidences that the

    objectives can be met. He was very quick on explaining how problems & concerns will be

    handled. He always innovate newer technologies & was very clear on their strength over others.

    Relation-oriented leadership:Leaders who describe their preferred coworker in favorable terms, with a high LPC, are

    purported to derive major satisfaction from establishing close relationships with felow workers.

    High LPC leaders are said to be relationship-orientated. These leaders see that good interpersonal

    relations as a requirement for task accomplishment.

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    Task-oriented leadership:Leaders who describe their least preferred coworker unfavorable terms, with a low LPC, are

    derived major satisfaction by successfully completing a task. These leaders are said to be task-

    orientated. They are more concerned with successful task accomplishment and worry aboutinterpersonal relations later

    The second major factor in Fiedler's theory is known as situational favorableness or

    environmental variable. This basically is defined as the degree a situation enables a leader to

    exert influence over a group. Fiedler then extends his analysis by focusing on three key

    situational factors,which are leader-member, task structure and position power. Each factor is

    defined in the following.

    1. Leader-member relations: the degree to which the employees accept the leader.

    2. Task structure: the degree to which the subordinates jobs are described in detail.

    3. Position power: the amount of formal authority the leader possesses by virtue of his or her

    position in the organization. So in this case Bill Gates found most favorable place where

    positional power is high as he has most authorities in the firm, task structure is also defined as he

    gives the direction to subordinate/follower to fulfill his vision, and last leader-member relation is

    also good.

    Thats mean Bill Gates is more likely Task-oriented leader who want performance from his

    subordinate/follower and work has to be done to achieve the goal/objective of the company

    Bill Gates - A Successful EntrepreneurBill Gates is one of the most successful entrepreneurs of the world. He is able to run a successful

    and a profitable entrepreneurship for many years and even today, we cannot survive in this

    competitive world without it. Vision and dedication are the key factors of being a successful

    entrepreneur and these skills were present in Bill Gates from the beginning. He has got the skills

    to identify the most suitable employee for recruitment. The success of Microsoft is the trueexample of the entrepreneurial skills of Bill Gates. The success story of Bill Gates is highly

    motivating for all the upcoming entrepreneurs. His hard work, dedication and self-confidence

    helped him to earn everything he has. He is a simple man and slightly conservative in regards of

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    money although he is one of the richest people of the world. The youth can take inspirations

    from the life of Bill Gates. So it can be concluded that Bill Gates is one of the ideal personalities

    of the world who has honestly contributed towards the world's success

    His achievements as a successful entrepreneurThe list of achievements of Bill Gates is so long that a book can be written about it. Some of his

    achievements are mentioned below:

    Bill Gates was honored by Queen Elizabeth. He was given the title of 'KnightCommander of the Order of the British Empire'.

    Time Magazine included his name in '100 most influential people of 20th century'. Hisname was continuously there from 2004 till 2006.

    He has received doctorates from various universities and institutes like HarvardUniversity and The Royal Institute of Technology.

    Bill Gates and his wife have done many generous works for the welfare of the society.For this, they have received the award of 'Order of the Aztec Eagle' in Mexico.

    Sunday Times included his name in its Power List in 1999. Forbes Magazine listed his name in 'The World's Richest People' from the year 1995 to

    2007.

    Berkshire Hathaway, an investment company, approached him to be the Director of thecompany.

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    BILL GATES as Inspirational LeaderWilliam H. Gates (Bill Gates) is a visionary man who uses that gift to advance technology and

    extend the boundary of what software and machines can do. As a result of his work, he had

    widely influenced many peoples; and along the line he became the true entrepreneur.

    Gates's first major accomplishment took place in 1975 when, with the help of Allen, he wrote the

    first versatile software program, Altair BASIC, that became the industry standard. He was the

    first to challenge the freebie software distribution in a capitalistic letter. The following year,

    1976, he dropped out of Harvard and made his third accomplishment, which was building

    Microsoft.

    Gates came of age in a time of innovation and creative thinking. During that era, technology

    was still at the brink of evolution; therefore no hardware or software yet set the standard. Few

    knew about computers and most of them were kids like Gates. Gates took advantage of his

    opportunity to fulfill his childhood joy of computer game play and became an expertprogrammer.

    Bill Gates's accomplishments influence us widely at work and in school.. Most important of all

    is that Gates's accomplishments highlight a bright future for the human race and that is what

    makes him an inspirational leader. Gates's accomplishments teach us that success can be

    achieved through hard work and persistence. The best thing of all is this lesson can be applied to

    anyone. Just follow your passion and dream the undreamable!

    "There will be a day, not far distant, when you will be able to conduct business, study,

    explore the world and its cultures, call up any great entertainment, make friends, attend

    neighborhood markets, and show pictures to distant relatives--without leaving your desk

    or armchair. It will be more than an object you carry or an appliance you purchase. It will

    be your passport into a new, mediated way of life."

    by Bill Gates (The Road Ahead, 1995.)

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    BILL GATES: ENTREPRENEUR, MANAGER, AND LEADERFEATURED PRODUCTSBill Gates and the Management of MicrosoftToday marks the last working day for Bill Gates at Microsoft. So much has been written and

    spoken about him that another column appears redundant. Some people may even feel a tinge of

    happiness that they no longer have to contend with the ruthless businessman that Gates has been

    portrayed as. The purpose of this post is to analyze what can be learned by young people from

    perhaps the most successful entrepreneur of our times.

    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 acomplex 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.

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    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 Buffetalso 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.

    Although some Indian entrepreneurs have indeed espoused similar causes - Infosys Foundation,

    Azim Premji Foundation, and the House of Tata come to mind, a lot more can be done by

    successful Indian entrepreneurs. In fact, just 5% of the wealth of the 200 richest people can

    eradicate some of the most pressing problems that we face. Wealth should not be merely in terms

    of building the most flamboyant homes but in pursuing a higher calling. Where is the collective

    conscience of the rich who hav made it big due to the society that they are a part of?

    As with any successful or great person, there will always be controversies. In an age where the

    distinction between means and ends is increasingly blurred, taking extreme positions hardly

    helps. One may not agree with Gates' means for achieving what he has, but one would find it

    difficult to ignore his contributions to the IT industry. However, history and posterity will

    probably recognize him more for what he has decided to do - at a relatively young age - for the

    rest of his life. Combating hunger, fighting disease and educating the poor are truly lofty goals

    worth emulating by anyone who cares for humanity and for the quality of life on this planet. On

    this count, there cannot be many role models better than Bill Gates. The last thirty years have

    seen the emergence of an entrepreneur par excellence. The next thirty years will probably see theemergence of the greatest individual philanthropist - not necessarily in monetary terms - but in

    terms of the global issues addressed with dedication.

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    BILL GATES CRITICISM :With his great success in the computer software industry also came many criticisms. With his

    ambitious and aggressive business philosophy, Gates or his Microsoft lawyers have been in andout of courtrooms fighting legal battles almost since Microsoft began.

    The Microsoft monopoly sets about completely dominating every market it enters through either

    acquisition, aggressive business tactics or a combination of them. Many of the largest technology

    companies have fought legally against the actions of Microsoft, including Apple Computer,

    Netscape, Opera, WordPerfect, and sun Microsystems.

    Curbing of Innovation:The critics argued that Microsoft was not an innovative company. They said that Gates reformed

    existing products to satisfy customer needs instead of inventing new ones. Analysts also argued

    that Microsoft's overwhelming market share was a major impediment to innovation in the

    software industry. Microsoft was not just the market leader, but also the standards provider for

    the industry.

    Impediment in development of smaller firms:Critics claimed that winning was so important to Gates that he would go to any extent to beat his

    opponent. James Wallace of Seattle Post-Intelligencer said, "Bill Gates not only wants to win,but he wants to kill the competition. He wants to bury the wounded"

    Sometimes Gates took things so much to heart that his emotional feeling overshadowed his

    rational thinking. They said that Gates' intense rivalry with some of his competitors made him

    personalize every battle and obscured his judgment.

    With his ambitious and aggressive business philosophy, Gates or his Microsoft lawyers have

    been in and out of courtrooms fighting legal battles almost since Microsoft began.

    Many of the largest technology co. have fought legally against the actions of Microsoft,

    including APPLE COMPUTER, NETSCAPE, OPERA, WORD PERFECT, AND SUN

    MICROSYSTEME ETC.

    (Little things missing)

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    LEADERSHIP term reportCONCLUSION:

    Gates is a strong and energizing person his enthusiasm, hard working nature, judgment skills

    reflect his personality. His motivating power and involving his friends to working with him

    became the success of Microsoft.

    Bill Gates gave their heart & souls to developing their vision to develop personal computer, but

    the way they choose was different from other. Gates adopting the changes very fast that are his

    enthusiasm vision and hard working give him the success. Gates always recognized him as a

    visionary he always recognize professional management, he decentralize authority to make

    organization structure better.

    With the success of windows, Office Application and Internet explorer Microsoft became a

    house hold name and Bill gates became as business genius. Bill Gates adopting the changes very

    fast his innovative mind all time busy to deve