When formal interest in the study of leadership first began in the 19th and early 20th centuries, the so-called “great man” theory, which assumed that certain individual characteristics or traits could be found in leaders but not in non-leaders and that those characteristics could not...
There is a considerable body of evidence that shows that sustainable leadership practices are more likely to enhance business performance over the long-term than the traditional approach that puts the interests of shareholders first and focuses primarily on short-term financial metrics.[1] While all leaders should...
It is no secret that incentive elements of executive compensation arrangements have long been tied to financial performance and increasing shareholder value as demonstrated by improvements in share prices. Certainly financial success is important to the long-term viability of the business and provides the CEO...
The compensation and organizational development committee plays an essential role in setting the overall tone for the company’s philosophy with respect to rewards and incentives generally and executive compensation in particular. Among other things, the members of the committee are expected to continuously review and...
A number of researchers, including Joseph Bower, a professor at Harvard Business School, and Jim Collins, the author of “Good to Great”, have argued that companies perform better when they appoint insiders as their CEO. However, the problem that many companies face when it comes...
Hoppe and Reinelt suggested a framework for classifying networks with a particular focus on networks that organizational leaders might join as part of their leadership development efforts in order to gain access to resources and other support. They noted that while leadership networks may be...
Sustainable leadership focuses on bringing about dramatic changes inside and outside organizations and calls for prospective sustainability leaders to be aware of the various traits, styles, skills and knowledge that he or she should have; the internal and external leadership actions that he or she...