The recent rash of high-profile corporate failures has raised many questions. Chief among them is the question of leadership effectiveness. In short, what happened with the individuals in leadership positions in these failed organizations? Were they simply devotees of agency theory (cf., Jensen & Meckling, 1976), narrowly focused on doing whatever possible to ensure the best possible quarterly results and related stock performance for their firms, including engaging in questionable or even illegal activities as necessary? Were these individuals simply acting in accord with the leadership training they had received via corporate education or business school curricula? Were they operating in accordance with perceived norms among executives across industries? We propose that the contemporary climate demands a consideration of these questions, as well as a renewed focus on the means through which effective leaders are developed and effective leadership practices ensured. Bennis (2005), Mintzberg (2004), and Ghoshal (2005) are
⁎ Corresponding author. Tel.: +1 706 419 1664; fax: +1 706 820 2165.
E-mail addresses: quatro@covenant.edu (S.A. Quatro), waldman@asu.edu (D.A. Waldman), benjamin.galvin@asu.edu (B.M. Galvin).
1 Tel.: +1 602 543 6231; fax: +1 602 543 6221.
2 Tel.: +1 480 727 3431; fax: +1 480 965 8314.
1053-4822/$ - see front matter © 2007 Elsevier Inc. All rights reserved. doi:10.1016/j.hrmr.2007.08.003
just three of the many authors calling for such investigation, all soundly criticizing management education and development, be it corporate or through a business school, as conduits through which misguided leaders are oftentimes produced. It appears that there is a clear call for reform of leadership development and management education.
© 2007 Elsevier Inc. All rights reserved.
The recent rash of high-profile corporate failures has raised many questions. Chief among them is the question of leadership effectiveness. In short, what happened with the individuals in leadership positions in these failed organizations? Were they simply devotees of agency theory (cf., Jensen & Meckling, 1976), narrowly focused on doing whatever possible to ensure the best possible quarterly results and related stock performance for their firms, including engaging in questionable or even illegal activities as necessary? Were these individuals simply acting in accord with the leadership training they had received via corporate education or business school curricula? Were they operating in accordance with perceived norms among executives across industries? We propose that the contemporary climate demands a consideration of these questions, as well as a renewed focus on the means through which effective leaders are developed and effective leadership practices ensured. Bennis (2005), Mintzberg (2004), and Ghoshal (2005) are⁎ Corresponding author. Tel.: +1 706 419 1664; fax: +1 706 820 2165.E-mail addresses: quatro@covenant.edu (S.A. Quatro), waldman@asu.edu (D.A. Waldman), benjamin.galvin@asu.edu (B.M. Galvin).1 Tel.: +1 602 543 6231; fax: +1 602 543 6221.2 Tel.: +1 480 727 3431; fax: +1 480 965 8314.1053-4822/$ - see front matter © 2007 Elsevier Inc. All rights reserved. doi:10.1016/j.hrmr.2007.08.003 just three of the many authors calling for such investigation, all soundly criticizing management education and development, be it corporate or through a business school, as conduits through which misguided leaders are oftentimes produced. It appears that there is a clear call for reform of leadership development and management education.© 2007 Elsevier Inc. All rights reserved.
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