Showing posts with label Hotel. Show all posts
Showing posts with label Hotel. Show all posts

Monday, 1 July 2013

Wynn's Leadership Style & Traits

Change is not threatening. - Steve Wynn - creator of Mirage, Treasure Island, Bellagio and Wynn Resort

Who is a leader? A leader is the person who control things by position. Here's the key: there's an energy to leadership. There's a passion, a level of connectedness that leaders have with others. People like Las Vegas developer Steve Wynn, who defines energy, vision, and relationship. 

In 1989, Wynn decided to test his vision and put it into action by building the Mirage and then Treasure Island. After proving his success, he built the extravaganza icon of the Bellagio. Wynn started a $12 billion building his wonderful works such as the Wynn and the Encore. Time Magazine placed him as one of the "World's 100 Most Influential People."




Wynn has a business sense and extraordinary eye for details as well as energy for passion. Steve Wynn key traits would be dedication, hard work, detail oriented, a problem solver, creative, and innovative. He is included in a category of transactional leadership traits and behaviours.


Steve is a problem solver, creative and innovative where we can see from his quote:


I have developer's disease. I love to sit at a drafting table and draw plans for hotels, wrestling with problems of traffic and the flow of people. That's what turns me on. -Steve Wynn


Wynn is also a detail oriented person. We can see it based on the Q&A between Business Insider and Steve Wynn which he can still remember the building structured:


BI: How is the progress on the Cotai casino project?

SW: I remember studying a chart 2 months ago with my colleagues that showed, for example, if you're interested in this, the high-rise has columns on 36-foot centers and there are 40 of them. There are 40 structural base that are used for suites and rooms. The regular base, 2 rooms, and sometimes 2 structural base were used for super deluxe suites. The building is 98 feet wide. It's extremely deep because the rooms are 45 feet deep with an 8-foot hallway, which is -- you only see 8-foot hallway in buildings. While in Cotai, our typical hallway is 8-foot wide and 7-foot tall. So what happens is that we have 40 columns, 40 structural base and we have 4 of them across the building. There's one on each outside window and 2 on the interior.

Biography of Steve Wynn, The Casino Developer & Owner



Stephen Alan "Steve" Wynn starts in the gaming sector by taking over the family bingo parlor business when his father passed away.


His success brought him to invest for the Frontier Hotel and Casino in Las Vegas, then he and his wife, Elaine, moved in. The creative businessman moved to Las Vegas and started gripping shared in local casinos. He inflated and revitalised the “Golden Nugget” casino, which resulted in prosperous visitors visiting the place. Wynn built another Golden Nugget in Atlantic City in 1980. By then, he was estimated to be worth about one hundred million dollars.

Golden Nugget Hotel & Casino
Treasure Island Hotel & Casino



After getting interests in other casinos, Wynn built The Mirage on the Strip. Wynn's next project was Treasure Island Hotel and Casino at a cost of $450 million. The Cirque du Soleil show at the Treasure Island was the first permanent Cirque du Soleil show in Las Vegas.

His next high-end casino is The Bellagio, included an artificial lake and a gallery that housed museum-quality artworks, is the priciest gaming resort in the world and a real luxury destination.
After selling Mirage Resorts to MGM Grand Inc. In 2000, Wynn opened the Wynn Las Vegas in 2005; it is his most expensive project to date. In 2006, he opened Wynn Macau, China, the largest gaming jurisdiction in Asia. Lately. He further added Encore Las Vegas and Encore Macau.

The casino collector opened a high profile gaming resorts that further multiplied Steve's profit margin. 
Wynn became a billionaire in 2004, when his net worth doubled to $1.3 billion.

Steve Wynn has brought luxury to Las Vegas. He has defined Las Vegas luxury. No one does it better than Steve Wynn.


Here's some pictures of his hotel & casino:
The Mirage, Las Vegas
Bellagio Hotel & Casino at night

Lobby of the Bellagio
Encore at the Wynn, Las Vegas

Wynn Encore at Macau