Toward an Economic Theory of Leadership: Leading Adaptive Change
This paper develops a model of adaptive leadership, which is leadership that helps organizations adapt to new or existing realities. A manager provides adaptive leadership by exposing the organization toa novel experience that demonstrates that the firm’s beliefs do not match reality. Exposure to the novel experience creates distress, which decreases utility for managers and lowers productivity.The prospects for increasing profits by improving beliefs, the … [ Read more ]
Content: Article | Author: Mark A. Jamison | Subject: Leadership