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Senior Leaders Archives - Page 5 of 8 - 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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Corporate Governance: The Power of Outside Directors on CEO-Only Boards

More and more board of directors have the CEO as the only insider on the board. At first glance, this movement toward near unanimous outside directors would seem to meet the mandate of independent oversight and governance that have defined corporate boards since the corporate scandals of the 1980s and 1990s. In fact, new research […]

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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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From Charisma to Autonomy: How India’s Generations Rate Leadership Qualities

Three generations of Indians are currently employed in India’s workplaces. The ‘partition generation’ (born 1944-1963, and roughly equivalent to the baby boomers) were born during times of insecurity and instability. As a result, stability is their primary goal in life, one reason they focus on maintaining cultural norms. Their name refers to the partition of […]

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