Excerpt from Leadership Style and Incentives: September 1990
Students of business organizations have long recognized that the heads of different companies exercise their authority in different ways. Some leaders are quite autocratic; they seek and receive only minimal advice from their subordinates. Other leaders are more democratic and seek consensus within their organizations. Some chief executive officers issue directives concerning minute details of operation. Others suggest only broad principles and give considerable autonomy to those below them.
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Paperback. Zustand: New. Print on Demand. This book delves into the fascinating relationship between a firm's environment and the optimal leadership style it should adopt. The author, a respected professor of economics, presents a groundbreaking economic model that demonstrates how incomplete contracts between firms and their managers can significantly impact leadership dynamics and firm profitability. The book challenges the traditional view that more autocratic leadership is always preferable. The author argues that in environments rich with potentially profitable ideas, a participatory leadership style is often more effective in encouraging managers to explore and bring forward innovative concepts. Conversely, when the environment is less conducive to innovation, autocratic management may yield greater profits. Through a detailed analysis of different leadership styles and their impact on incentive contracts, the book provides a nuanced understanding of the complexities involved in selecting the right leadership approach for a given business context. The author's insights shed light on the importance of matching leadership style to the specific needs and challenges of the firm's environment, ultimately leading to enhanced profitability and organizational success. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781332620517_0
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Anbieter: PBShop.store US, Wood Dale, IL, USA
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781332620517
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes Königreich
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781332620517
Anzahl: 15 verfügbar