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Starting from Virgin as a small mall order record retaller in 1970, founding Virgin Records and later Virgin Airlines (Virgin Group), one of the most Irresistible brands, Richard Branson is a "laissez-faire leader," who uses a "participative and democratic" style of leadership. He believes in leading people while they learn from their mistakes. Although he offers his guidance while explaining the organizational goals, Instead of enforcing his method, he expects his team to do the required work to achicve goal because he believes that people can learn mostly from their own action. This method of leadership proves to be highly interactive where employees are motivated as well as are empowered to achieve their goals. There are four leadership lessons, that could be learnt from Richard Branson as the winner of "billionaire space race:" 1. Being a visionary leader with ideas and values 2. Finding the right talent and delegating is key 3. Value and empower your people 4. Making mistakes is ok, if you learn from them Branson learnt from experience. Therefore, while rewarding people for making right decislons, he quoted, "You don't learn to walk by following rules. You learn by doing, and by falling over. and it's because you fall over that you learn to save yourself from falling over." Branson demonstrated leadership skills that enabled his organization to have skillful managers in the workforce to utilize the organizational resources both effectively and efficiently. Richard Branson is one of the most successful visionary entrepreneurs and a billionaire that many practioners and academics learn from. - Question: Richard Branson is known to be a world class entrepreneur and a corporate leader that founded Virgin Group. He motivated and engaged managers that led workforce to succeed his vision and organizational goals. In 400(4/10% ) words or less. (not less than 250 words), discuss the elements of managorial skills and their importance in different managerial levels in relation to managing human resource, the most important of the organizational resources, support your answer using example. To submit your answer, please use the Text Submission below to write your answer, OR, use Attach files for uploading your document