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Zara is no stranger to the global fashion industry. Since its inception, Amancio Ortega, the founder of Zara, has established his brand as one of the main players in fast fashion. However, Ortega didn't have any formal education in management. But despite that, he became one of the richest people in the world. So much so that the zara case study solution is often studied in the premier business schools to teach management to students. So, we take a closer look at the Zara case studies to get three life learnings –
1. To become successful, you need to be hungry
Amancio Ortega once famously said to a reporter, “Die of success? Give me a break! We’ve only just started!” This shows how hungry a man can be to become successful even after reaching the top. According to many sources, this hunger for success came from his tough childhood. He was the son of a railway worker and had a tough childhood. These hardships made him what he is today without getting any history assignment writing help like modern-day management graduates.
2. There is no formula for success
As we said, Mr. Ortega was not an educated person. So, he needed finance case study solution to get into a B-school and learn the formula for success. Instead, he always kept his eyes and ears open and listened to the only thing that mattered – his customers. His employees always state that he doesn’t have any fixed management style. He reads a lot of newspapers and novels and doesn't even have his own computer or office. He directs his team from a design room and adapts according to the demand of his customers.
3. The best management style is the one that suits you
We can learn from various interviews with Amancio Ortega's closest confidants that he always stressed that always follow the management style that suits your business. So, he suggested identifying the best way your business runs and focusing on that to make your signature management style.
By going through these life lessons, we can find that passing the assessments by taking operation management assignment help will never guarantee success. Rather, you should gather practical knowledge of what you are dealing with, listen to your customers, and have the hunger in your belly to succeed.
Other Sources:
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