After having read the case study entitled “Wayne Huizenga: Billionaire Entrepreneur,” read the following questions and provide your responses. One point per response. Here is an additional article about his philosophy: http://www.sbnonline.com/article/blockbuster-growth-how-wayne-huizenga-perfected-the-art-of-starting-and-growing-a-business/.
1. Though Mr. Huizenga died in March 2018, do you believe it would be/would have been stressful or exhilarating to work for Mr. Huizenga?
2. Why or why not?
3. Describe your own personality (e.g. Type A vs. Type B, or your Big 5 Personality Traits) and think about if you would be a good fit working in the type of culture Mr. Huizenga established in this businesses.
4. What is important to you in the workplace in terms of a manager/leader?
5. What type of leadership will help you excel, and in contrast, what type of leadership would make you want to leave an organization?
After having read the case study entitled “Wayne Huizenga: Billionaire Entrepreneur,” read the following questions and provide your responses. One point per response. Here is an additional article abo
CED 555, Week 1 Huizenga Case Study CED 555 Week 1 H. Wayne Huizenga: Billionaire Entrepreneur BusinessWeek and Golf Digest called H. Wayne H uizenga the billion -dollar entrepreneur, with his own private golf course, the Floridian. Fortune magazine called him the only person to ever build three Fortune 500 companies and own three professional sports teams. (He has since sold the Florida Marlins. ) Success magazine called him the leading American entrepreneur. Nova Southeastern University honors him with its H. Wayne Huizenga School of Business and Entrepreneurship in Fort Lauderdale, Florida. As an entrepreneur, Wayne Huizenga is best known for bu ilding companies and making deals. As his first business, Huizenga cofounded Waste Management, Inc., acquiring 100 companies in nine months. After leaving Waste Management, he built Blockbuster Entertainment, defining America’s video rental industry, with the policy of not renting or selling pornographic videos, until selling to Viacom for $8.4 billion. Speaking bluntly, as usual, Wayne told shareholders he would leave the company because he cannot tolerate working for anyone else; he leads or leaves. Toda y he chairs four New York Stock Exchange companies: AutoNation, Inc., America’s leading auto retailer; Extended Stay America; Republic Services; and Boca Resorts, Inc. He owns the Miami Dolphins, and Pro Player Stadium; he is also involved in real estate. Wayne Huizenga is highly disciplined, hard driving, and hardworking; his workday usually begins at 4 a.m. He enjoys giving advice and solving problems. His basic approach to growing a business is to gather his key people and discuss ideas for expansion a nd possible deals. Wayne presents his ideas to the key people so they can point out weaknesses and give him ideas for improving his proposals. When making deals, he talks in a relaxed, chummy manner when relating to the other party, and he makes an effort to be clearly understood. Huizenga is a Horatio Alger Award winner. When asked about his success, Huizenga’s response reveals his focus on the Horatio Alger Scholars. “I don’t think any of us members have had as much success as our scholars,” he says. “Overcoming hardships and working around and through their obstacles to achieve an education is what I call a true success.” Huizenga often addresses the scholars. His advice to them is to get an education and then work with good people. “People are what determine your success in the future,” he says. “Surround yourself with good people and you won’t fail.” Go to the internet: For more information on Wayne Huizenga and one or more of his companies or sports teams and to update the information provided in this case, do a name search on the Internet to get a Web address for that business. You may find out that he has bought or sold some businesses since this case was written.