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  • 2010
  • Working Paper
  • HBS Working Paper Series

A New Model of Leadership (PDF File of Keynote Slides)

By: Michael C. Jensen and Allan L. Scherr
  • Format:Print
  • | Language:English
  • | Pages:36
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Abstract

In this paper we provide a new definition of leadership that gives organizations and individuals access to new power, performance and accomplishment. In our model leadership consists of four critical elements The creation of a vision for the future that represents a significant departure from the past, one that requires breakthroughs for its realization. The creation of a system that facilitates enrollment into and elicits voluntary commitment to the vision by the critical mass of people required to discover and implement the breakthroughs required for realization of the vision. The creation of a system that ensures both the timely identification of breakdowns (and the dissemination of information about them) that, if unresolved, would prevent the successful realization of the vision. The creation of a system for managing breakdowns that causes people to voluntarily recommit to the vision and maintain these commitments through to the implementation of the breakthroughs required for the realization of the vision.

Keywords

Forecasting and Prediction; Knowledge Dissemination; Leadership; Goals and Objectives; System

Citation

Jensen, Michael C., and Allan L. Scherr. "A New Model of Leadership (PDF File of Keynote Slides)." Harvard Business School Working Paper, No. 07-107, February 2010.

About The Author

Michael C. Jensen

→More Publications

More from the Authors

    • 2012
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    Putting Integrity into Finance: A Purely Positive Approach

    By: Werner Erhard and Michael C. Jensen
    • 2012
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    Author-Level Eigenfactor Metrics: Evaluating the Influence of Authors, Institutions and Countries within the SSRN community

    By: Jevin D. West, Michael C. Jensen, Ralph J. Dandrea, Gregg Gordon and Carl T. Bergstrom
    • 2011
    • Faculty Research

    Pioneers in Finance: An Interview with Michael C. Jensen - Part 1

    By: Michael C. Jensen and Ralph A. Walkling
More from the Authors
  • Putting Integrity into Finance: A Purely Positive Approach By: Werner Erhard and Michael C. Jensen
  • Author-Level Eigenfactor Metrics: Evaluating the Influence of Authors, Institutions and Countries within the SSRN community By: Jevin D. West, Michael C. Jensen, Ralph J. Dandrea, Gregg Gordon and Carl T. Bergstrom
  • Pioneers in Finance: An Interview with Michael C. Jensen - Part 1 By: Michael C. Jensen and Ralph A. Walkling
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