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The CEO’s Role And The Meaning Of Leadership

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Chief executive officers have a telling impact on a firm’s strategy, structure and culture. Little wonder organizations today engage top executive search firms to find worthy candidates for top positions. The question as to whether how much and to what extent CEOs matter draws variable answers from scholars around the world. Since it seems a matter of common sense that anyone sitting at the helm would matter, the bone of contention can be rephrased as to when leadership matters most?

The concept of leadership is as complex as the role of the CEO which the industry consistently examines and reexamines. Various definitions by eminent scholars vie with each other to define the phenomenon of leadership. Leadership is also seen as an integration of behaviors and attributes that can be defined and linked to performance. The changing role of leadership has commuted a long journey from the authoritative leadership style to the resonant and emotionally intelligent leadership style adopted today.

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The CEO’s Role And The Meaning Of Leadership

  1. 1. The CEO’s Role And The Meaning Of Leadership Tel: +91 8010772772 , vijay@cornerstone.co.in
  2. 2. The CEO’s Role And The Meaning Of Leadership Chief executive officers have a telling impact on a firm’s strategy, structure and culture. Little wonder organizations today engage top executive search firms to find worthy candidates for top positions. The question as to whether how much and to what extent CEOs matter draws variable answers from scholars around the world. Since it seems a matter of common sense that anyone sitting at the helm would matter, the bone of contention can be rephrased as to when leadership matters most? • Tel: +91 8010772772 , vijay@cornerstone.co.in
  3. 3. The CEO’s Role And The Meaning Of Leadership Studies on leadership and the role of the CEO abound in how CEOs impact organizational performance. It is interesting to note how organizational constraints can limit leadership performance. Such and the like issues are often effectively tackled by customized onboarding plans effectively offered by executive search firms, which prepare new leaders for the new firm and its culture. • Tel: +91 8010772772 , vijay@cornerstone.co.in
  4. 4. The CEO’s Role And The Meaning Of Leadership Studies by Hambrick and Finkelstein (1987) simplified the measurement CEO discretion and impact on organizational performance. The results talked about sizable CEO effect and also pointed out that in some industries CEOs have much greater impact than in others. These studies also have interesting implications on CEO compensation and CEO succession planning. The results dwell on the relative importance of individual agency vis –a- vis social structure on human and organizational action. • Tel: +91 8010772772 , vijay@cornerstone.co.in
  5. 5. The CEO’s Role And The Meaning Of Leadership Emile Durkheim the eminent sociologist argues that structural factors are independent of the particular individual whereas other scholars (Coleman, Homans, 1964) argue that individual actors create, adapt to and change the rules of society. Studies point to a contingency perspective that examines when individual agency or structure plays a bigger role. • Tel: +91 8010772772 , vijay@cornerstone.co.in
  6. 6. The CEO’s Role And The Meaning Of Leadership The concept of leadership is as complex as the role of the CEO which the industry consistently examines and reexamines. Various definitions by eminent scholars vie with each other to define the phenomenon of leadership. To a lay man, leadership may simply mean the competency to effectively engage the energies of Self and others. Leaders are the source of institutionalized values, which in turn condition the actions of organizational members. • Tel: +91 8010772772 , vijay@cornerstone.co.in
  7. 7. The CEO’s Role And The Meaning Of Leadership Leadership is also seen as an integration of behaviors and attributes that can be defined and linked to performance. From the hunters and chieftains of yore to the CEOs of today, leadership has seen various styles of the phenomenon. The changing role of leadership has commuted a long journey from the authoritative leadership style to the resonant and emotionally intelligent leadership style adopted today. Endowed with power and influence leaders are capable enough to make changes to an organization. • Tel: +91 8010772772 , vijay@cornerstone.co.in
  8. 8. The CEO’s Role And The Meaning Of Leadership Although, these changes are bound by the effects of uncertainty and ambiguity, that mark the times today. To search and prepare a leader for the challenges of VUCA times many organizations hire executive search firms for the perfect fit and the right onboarding to minimize hiring errors and help leaders deliver. Saddled with various strategy and operational issues, organizations find a viable option in executive search firms for their leadership hiring and onboarding requirements. • Tel: +91 8010772772 , vijay@cornerstone.co.in

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