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Uncover the essence of leadership with this insightful guide by Charles Farkas and Philippe De Backer, Directors at Bain & Co. Based on interviews with top executives worldwide, learn about the five key leadership styles - Strategic, Human Assets, Expertise, Box, and Change approaches. CEOs often master multiple styles but excel in a couple as primary traits. Understand how each style influences results and shapes organizational success. Delve into case studies of Gillette and Digital Equipment Corp. to see real-world applications of the Human Assets, Expertise, and Change approaches. Elevate your leadership skills and make a lasting impact in your professional journey.
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Only Five Ways To Lead ... • Authors: Charles Farkas & Philippe De Backer. • Directors at Bain & Co. • 2 Years and interviewed 161 top executives on six continents. • Result: 5 Distinct Leadership Styles … means of getting results. • Most CEO’s use all of the approaches but focus on a couple of traits as primary.
Only Five Ways To Lead ... • Five Distinct Leadership Styles • Strategic Approach • Human Assets Approach • Expertise Approach • Box Approach • Change Approach
Only Five Ways To Lead ... • Five Distinct Leadership Styles • Strategic Approach - CEO acts as the company’s top strategist (20%). • Human Assets Approach - CEO manages for success through policies, programs and principles (30%) • Expertise Approach - CEO possess a specific proprietary expertise, to focus the organization.
Only Five Ways To Lead ... • Five Distinct Leadership Styles • Box Approach - CEO establishes a set of rules, systems, and procedures; a well defined control environment. • Change Approach - CEO acts as a change agent; creating new and different methods (18%).
Only Five Ways To Lead ... • Gillette and Digital Equipment Corp. • Human Assets Approach vs. Expertise • Gillette: People mangers … stressed global work force. • Digital: driven by technology and engineers. • Digital: Now attempting the change approach to rescue the company