Strategic Leadership
Chapter 13
© 2006 by Nelson, a division of Thomson Canada Limited.
13-1
Factors Affecting Managerial Decisions
© 2006 by Nelson, a division of Thomson Canada Limited.
13-2
Strategic Leadership
• Chief executive officers can gain so much power
that they are virtually independent of oversight
by the board of directors.
• This is especially true when the CEO is also
chairman of the board of directors.
• CEOs of long tenure can also wield substantial
power.
• The most effective forms of governance share
power and influence among the CEO and board
of directors.
© 2006 by Nelson, a division of Thomson Canada Limited.
13-3
Exercise of Effective Strategic Leadership
© 2006 by Nelson, a division of Thomson Canada Limited.
13-4