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The board of directors needs to choose someone to lead the company through the change and upheaval that implementing the consultant's plan will involve. In doing this work, the new leader will be required to make many unpopular decisions and take many unpopular actions.
An APEC leader setting the tone for the 2013 APEC CEO summit with an opening speech. Leadership, is defined as the ability of an individual, group, or organization to "lead", influence, or guide other individuals, teams, or organizations. [1] [2] "Leadership" is a contested term. [3]
The idea is that if leaders want to be effective they must work on all three levels in parallel. The two outer levels – public and private leadership – are what the leader must do behaviorally with individuals or groups to address the "four dimensions of leadership" (Scouller 2011). These are: A shared, motivating group purpose or vision.
Leadership is an art, not a science, and many of its principles remain unchanged over generations, but most CEOs I speak with today also believe that something has changed in the last decade.
The best thing a collaborative leader can do is to lead by example. They have to ‘walk the talk’, and be seen to model the right behaviors. Leaders must show a willingness take risks, continually question their own ideas, and reward others for their clear communication and valuable insights. [10]
Situational Leadership is the idea that effective leaders adapt their style to each situation. No one style is appropriate for all situations. Leaders may use a different style in each situation, even when working with the same team, followers or employees. Most models use two dimensions on which leaders can adapt their style:
Addressing these expectations usually takes the form of strategic decisions and actions. For a strategy to succeed, the leader must be able to adjust it as conditions require. But leaders cannot learn enough, fast enough, and do enough on their own to effectively adapt the strategy and then define, shape, and execute the organizational response.
Exploratory and value-added innovation require different leadership styles and behaviors to succeed. [14] Value-added innovation (PwC, 2010) involves refining and revising an existing product or service and typically requires minimal risk taking (compared to exploratory innovation, which often involves taking a large risk); in this case, it is most appropriate for a leader for innovation to ...
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