Features of Leadership and Business - Assignment Example

The relative change that has been brought by the new firms including Google and Yahoo indicates more openness wherein everyone is allowed to share the ideas before effective leadership can materialize such ideas into commercial success. Some of the important leaders in the contemporary business environment include Bill Gates and Steve Jobs who have been able to make a complete turnaround of their companies by imparting a more unique and open style of leadership. Delegative style of leadership seems to suit most of the companies in the current environment of innovation and creativity as it allows employees and other stakeholders to become more involved in the process and become more creative and innovative.

A business plan outlines the complete information about a potential business and how it is going to achieve its objectives. One of the interesting aspects of an effective business plan is the identification of the target market and how it is going to be tapped through effective marketing strategies.