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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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