It’s an odd question. CEOs are carefully selected, intended to lead for a long period. They aren’t transitory, in power for a day and then gone.
“These rules are meant to give employees as close of an experience to CEO leadership as possible. No one feels like a CEO if they are told they can make any decision but are capped at $20,” he“The importance of this is not only to authenticate the CEO experience but to help teach an important lesson about leadership. More money and more autonomy doesn’t mean the decision is easier or effortless; in reality, it can make it more difficult to come to a final decision.
Executive coach John Bacon offers some other intriguing ideas as he relates his experience turning around America’s worst high school hockey team, the Huron High School River Rats of Ann Arbor, Mich. It too is a story of empowerment and engagement, based on three basic managerial steps that he took in coaxing the team from a no-win season to frequent triumphs in league games and tournaments by his third season, ranking in the top 5 per cent of the country’s squads.
He set out to be patient with the team’s results but not its behaviour, establishing high standards, explaining why they were important, and sticking to them. He argues that you can only move on to strategy and tactics after you have developed values and people have embraced them.