Contrary to media stories that suggest CEO’s are the key to organizational success, the impact of CEOs, CFOs and other top-level executives on large firms is extremely limited. In fact, these top positions explain less than 5% of the variation in firm performance amongst Fortune 800 companies. Of course, senior leaders set the strategic direction
Read more...Blog Archives
What’s an Effective Leader?
November 23rd, 2010
My definition of an effective leader is a people manager (ie.first and mid-level) who inspires commitment, grows employee engagement and work motivation, confronts non-performance and maximises employee performance
Read more...