“Human Relations (MGMT611)” Assignment No. 01 Marks: 15
“Assignment Title”
Case study
Wayne Huizenga: Entrepreneur
Wayne Huizenga was called the leading American entrepreneur by Success Magazine. Wayne
started his business career working for a waste removal company. Before long, he started his own company and later merged with another waste disposal company to form WMX Technologies, which grew to become the largest waste-hauling business in the world.
Wayne Huizenga is a best known for building companies and making deals. In addition to WMX, he started Blockbuster Entertainment with the idea of developing a McDonald’s of videos with the policy of not renting or selling pornographic videos. He later sold Blockbuster to Viacom in a stock swap valued at $8.4 billion. Speaking bluntly, as usual, he told shareholders he would leave the company because he cannot tolerate working for anyone else; he leads or leaves.
Wayne Huizenga also acquired Republic Services and is a dominant player in three industries: electronic security, superstore chains of used-cars dealerships, an waste disposal. He also owns the Miami Dolphins, Florida Panthers, and Florida Marlins professional sports teams.
Huizenga is highly disciplined, hard driving, and hard working; his workday usually begins
at4:00 A.M. He enjoys giving advice and solving problems. His basic approach to growing the business is to gather his key people and discuss ideas for expansion and 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, calm, chummy manner relating to the other party, and he makes an effort to be clearly understood. At age 58, Huizega’s net worth had grown to over $1 billion, and he had no intentions of slowing down.
Nova Southeastern University honors him with its Wayne Huizenga Graduate School of Business and Entrepreneurship in Davie, Florida. Support your answer to the following questions with specific information from the case and text.
1) Wayne Huizenga’s personality falls in which of the following type of personality?
a. Type A
b. Type B
Support your argument with evidences from the case study.
2) Would you say Huizenga has a positive attitude or negative attitude related to his work?
3) Do you believe it would be stressful to work for Huizenga?
Student’s suggested Answers.
1.1 Question-1.
1.1.1 He is A Type. Reasons are as appended below:
1.1.1.1 He is Business type
1.1.1.2 He is Very Hard working
1.1.1.3 He does not like working under any one. Leads or leaves.
1.1.1.4 He is know to be the best companies builder
1.1.1.5 Speaks blunt
1.1.1.6 Very disciplined
1.1.1.7 Drives hard
1.1.1.8 Works for long timings
1.1.1.9 However he possesses some qualities of Type B as well, that includes relaxed and calm while discussing/ dealing with chummy manners. But overall this is called a style/ tactics to achieve the set goal. Analyzing his overall personality he would always be termed as “Type A” Personality.
1.2 Attitude of Huizenga towards Work
1.2.1 His attitude is positive. Reasons are as following:
1.2.1.1 He works to produce results.
1.2.1.2 His tactics or way of working is excellent that is why he is the Best and achieves his goals.
1.2.1.3 A mission oriented.
1.2.1.4 Derives hard to complete the task
1.2.1.5 He presents his work and appreciates criticism in order to remove weaknesses.
1.2.1.6 He has made his team strong to work well.
1.3 Working with Huizenga
1.3.1 I would like to work for a person who has positive attitude and is hardworking himself. Reasons are as bellow:-
1.3.1.1 He works in team
1.3.1.2 Presents to criticism
1.3.1.3 Motivated to work
1.3.1.4 Loves hard working
1.3.1.5 Appreciative working hours
1.3.1.6 He is best in business community
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