Yellow-Light Leadership: How the World’s Best Companies Manage Uncertainty
- Topics:
- Change Management
- Tags:
- Leadership,
- Management
- Source:
- Booz Allen Hamilton
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Overview: Research found that the CEOs whose companies are best weathering the recent down turn are practicing old-fashioned, pragmatic management by the numbers — what we call yellow-light leadership. This finding is significant because it casts doubt on the conventional wisdom that says there are only two models of leadership. One is visionary, or “green-light,” leadership, appropriate to periods of economic growth. The other is crisis, or “red-light,” leadership, best applied when companies, industries, and economies are tumbling. An ongoing research suggests that while there is value in both the green-light and red-light models, neither extreme is effective in times of uncertainty.If yellow-light leadership sounds like a return to old-fashioned leadership by the numbers, there is one major difference: Yellow-light’s central rule is no winging it. And no excuses, either. Over the years, nearly every leader talked about the need for “accountability,” but precious few have practiced what they preached.
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Format: HTML | Date: Jan 2003 | Pages: 8
