At the helm of great companies is integral leadership. One such leader is Sam Boraie who is the Chief Executive Officer of Boraie Development, LLC, the most exceptional and by far progressive real estate corporation in the Northeastern expanse of the United States of America. This company, based in New Jersey, has a particular spotlight on the New Brunswick area. Its focus is on urban real estate development and has urbanized the area for quite some years now. During this time, the company has attained a level that enables it to recount a plan to alter the City of New Brunswick exclusively. Their authentic progressions include multi-purpose facilities that draw in micro businesses and the populace to modernized apartments, retail stores, and office, spaces. The entire Atlantic City area has gone through incredible augmentation through the efforts of Sam Boraie and his company. As such, this paper analyses and interprets the leadership style of Mr. Boraie, explaining incidents whereby he shows exceptional leadership in the face of severe problems and describing lessons learned from solutions to these pertinent challenges.
Leadership revolves around personality and the essential psychological functions of thinking, feeling, sensation and intuition. Therefore, numerous scholars have used the five-factor model to come up with proper classifications of leadership personalities and their interpretations. Under leadership, the five-factor personality model reflects a hierarchical personality organization that encompasses five fundamental dimensions, which are the openness to experience, extraversion, conscientiousness, agreeableness, and neuroticism (McCrae & John, 1992). Immense research using both theoretical based personality questionnaires and adjectives of natural language show and support the comprehensibility of this model and its applications across cultures and observers. Thus, the relevance of the five-factor personality model in relation to leadership cannot be understated. Overall, this model is useful for the elucidation of varied topics of interest relevant to personality psychologists and the individual assessment of persons, as is the case of Sam Boraie. Through proper consideration of the basic personality dimensions, leadership traits are easily definable. Additionally, diversities such as an enduring interpersonal, emotional, attitudinal, experimental, and motivation style, lead to the formation of an assortment of leaders, and the definition of most of their leadership spheres (McCrae & John, 1992).
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In the case of Sam Boraie, the most enduring personality variable in his character is that of extraversion. Extraversion’s description is that of being talkative, sociable, active, cheerful, enthusiastic and outgoing. As an extroverted individual, Sam Boraie is heavily involved in building his company and the community around him. This drive in engaging progressive developments has enabled Mr. Boraie to blend seamlessly with the community and his employees. Among his notable achievements propelled by an extroverted leadership, bearing is his involvement in charitable initiatives. He is the support of the New Brunswick society. Many developments pioneered by Mr. Boraie have revitalized the community. A good example and one of his biggest interest is the State Theatre located in New Jersey. In this theater, he is on the Board of Trustees together with several local business people. Moreover, Boraie revolutionized the theatre to become a cultural phenomenon that comes up with yearly productions. Overall, although the State Theatre relies on donations, scores of the proceeds come from the Boraie Development Company and Sam's family. This generous philanthropy by Sam Boraie shows his extraverted character and his involvement with various people towards the achievement of precise objectives. Moreover, as a leader of a corporation, Mr. Boraie uses extraversion to rally productivity in his employees, thereby, resulting in various accomplishments as evident in his real estate achievements.
Real estate economists suggest that this sector faces untold challenges when there is no definitive balance between the affordable supply of housing and unending demands (Kazimoto, 2016). In addition, barriers to housing such as affordability continue to pose a direct challenge to real estate companies such as Boraie Developments, LLC. Perhaps the greatest challenge this real estate company has faced, particularly its Chief Executive Officer Sam Boraie, is the design and building of a tower building on the streets of Albany. This project went through untold complexities and challenges not only in business aspects but also in policies, regulations and human resource. Since the aim of the company was to provide a multi-purpose, working class building adorned with quality, nothing was left unchecked or spared. Owing to Mr. Boraire’s extraverted and agreeable nature, the company was able to harness the power of incorporating stable financial firms as fiscal partners. Moreover, since Mr. Boraie is never shy of openness and has a knack for affirming new possibilities and experiences, the company was able to acquire visionary, contemporary architects who saw the project to fruition days before the deadline. Such swiftness in achieving accomplishments is rare in leadership, and most business people prefer action rather than excuses. Here, the lesson learned is the power of individuals relations in the performance of relatable challenges. Another lesson is the ability to adapt and overcome. Usually in the field, business does not always go as planned; therefore, the capacity to formulate solutions on the go is a detrimental determinant of success.
Ultimately, as a leader, Sam Boraie exhibits impeccable leadership personalities that are highly detrimental to future success in business. Not only is he able to blend work and community building effortlessly, but he is also able to adapt and provide radical solutions to pressing problems. Overall, as a CEO in a reputable, highly fast-paced real estate company, Mr. Boraie exhibits leadership styles that border on extraversion, agreeableness, and the openness to experience, without which, his business the Boraie Developments, LLC, would have ceased to exist as a formidable real estate developer.
References
Kazimoto, P. (2016). Challenges facing Real Estate Investment and Economic Growth. International Journal Of Research In IT, Management And Engineering , 6 (4), 1-12.
McCrae, R., & John, O. (1992). An Introduction to the Five-Factor Model and Its Applications. Journal Of Personality , 60 (2), 175-215. http://dx.doi.org/10.1111/j.1467-6494.1992.tb00970.x