The image of a single corporate president who is charismatic and omnipotent within his company played a leading role both in the management literature as well as the reality of the 1990s. Nevertheless, that concept of leadership is giving way to another alternative: sharing responsibilities with other management figures, such as a co-president. Peter Drucker, the management guru, said that “ninety percent of the problems that the chief executive faces are due to our belief that the boss has to be just one person.”
Building on this idea, Silviya Svejenova and José Luis Álvarez, professors at the ESADE and IE (Instituto de Empresa) business schools in Spain, have co-written a book titled, Sharing Executive Power: Roles and Relationships at the Top. Their work, the result of more than five years of research, demystifies the idea that power should be exercised by one individual. The book offers other alternatives, such as arranging for two or more people to share the job that has the greatest responsibility.
See full Article.
Posts
