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Leadership Archives - Page 11 of 24 - Ideas for Leaders

A Symphony of Agency and Stewardship Values Ensures Family Business Success

Both agency theory and stewardship theory help explain organizational dynamics, although starting from very different assumptions. Agency theory describes the relationship between the shareholders (called ‘principals’) and the company’s managers and executives (called ‘agents’) as a collaboration between parties with different interests: principals are focused on the success of the company while agents are focused […]

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Millennials 2: Concerned about Opportunities for Growth and Quality of Life

Growing up in an era of stagnating wages and increasing youth unemployment, one could forgive Millennials for being a bit pessimistic. This is not the case, however, according to a global study of Millennials conducted in 2014 and co-sponsored by the INSEAD Emerging Markets Institute, the HEAD Foundation and Universum. The study, which surveyed Millennials […]

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Beware of Hubris Syndrome! A Leadership Personality Disorder

Most leaders possess typical leadership qualities such as the ability to inspire and persuade, a grand vision, and a controlled fearlessness when taking risks. There is, however, a darker side to many leaders, manifested in character traits such as extreme pride and overconfidence, coupled with a complete contempt for others. These character traits, which can […]

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Public Sector Leadership: Managing ‘Multirational’ Organizations

Public sector organizations are multirational organizations. They do not fall under a single rationality archetype — for example, they are not uniquely political organizations or economic organizations or legal organizations, but rather all of the above. Two researchers from St. Gallen University, Ali Asker Guenduez and Kuno Schedler, build on the social systems theory of […]

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