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Heroic CEO will go the way of the dodo: Employees no longer want to be choiceless doers'.
(From Financial Post)
Byline: SANDY COHEN
Popular business media outlets and the public, by and large, have been infatuated with the chief executive who has drunk from the Holy Grail of heroic leadership.
But there may be signs the era of the heroic CEO is coming to an end. To be sure, a single person can make a difference at critical times, but even heroic leaders such as Jack Welch, onetime chief executive of General Electric, emphasize the power of team leadership in action.
However, there are lessons to be learned from the rise of the heroic CEO. The biggest of those is how to avoid the ego trap, according to Robert Rogers, president of human resource consulting firm Development Dimension International. While leaders need strong egos, too big a one can hurt them. Chief executives with large egos are not receptive to feedback: Dennis Kozlowski of Tyco, Bernard Ebbers of World Com and the discredited Enron executives, were immune to reality and out of touch because they saw themselves as bigger than life.
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