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Anthony Hsieh (Chinese: 謝家華; / ʃ eɪ / SHAY; [1] December 12, 1973 – November 27, 2020) [2] [3] [4] was an American internet entrepreneur and venture capitalist. He retired as the CEO of the online shoe and clothing company Zappos in August 2020 after 21 years.
Zappos' ex-CEO Tony Hsieh was a pioneer in treating employee happiness as a top business priority.
This leadership style has been associated with lower productivity than both autocratic and democratic styles of leadership and with lower group member satisfaction than democratic leadership. [9] Some researchers have suggested that laissez-faire leadership can actually be considered non-leadership or leadership avoidance. [18]
Transformational leadership is a leadership theory in which a leader's behaviors influence their followers, inspiring them to perform beyond their perceived capabilities. This style of leadership encourages individuals to achieve unexpected or remarkable results by prioritizing their collective vision over their immediate self-interests.
There, CEO Tony Hsieh sits at a desk that is the same size and model as the ones given to new employees at the company's call center, Business 2 Community reports.
Since this leadership style came about, a number of different organizations including Starbucks and Marriott International have adopted this style as their way of leadership. [ 4 ] According to a 2002 study by Sen Sendjaya and James C. Sarros, servant leadership is being practiced in some of the top-ranking companies, and these companies are ...
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In contrast to the two above leadership styles, transformational leadership follows a different, more long-term oriented philosophy: Short-term, egotistic goals, are substituted by long-term, higher-ranked values and ideals. This paradigm change usually increases commitment, self-confidence, and employee satisfaction. [8]