Leadership

To shareholders the industry in which the company

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Unformatted text preview: relationship with performance When the environment in uncertain, charismatic leadership is more strongly related to performance Another study - - CEOs influence 15% of the total variance(influencing factors) in a company’s profitability and total return to shareholders The industry in which the company operates also accounts for 15% of the variance in profitability Enthusiasm and the ability to work with people are important components of leadership (especially in franchise industry) Data shows that the leader may account for 15- 45% of a firm’s performance Attribution theory: the theory of how we explain the causes of events- most organizational successes are attributed to heroic leaders Leadership does not make a difference Substitutes for leadership - - - - Closely knit teams of highly trained individuals Intrinsic satisfaction Computer te...
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