This is a fut coins surer way to lead successfully rather than relying on charisma. Six out of 18 winners of Germany s Manager of the Year award went on to make huge strategic mistakes that badly damaged their companies. The understated intelligent conservative leader doesn t make such big mistakes.”
Dr Stadler says the problem with charismatic leaders is just that charisma. Their exceptional powers of persuasion means there is little resistance if they are taking the company in the wrong direction.
If your company is heading in the right direction, a charismatic leader will get you there faster,” said Dr Stadler, who is Associate Professor of Strategic Management at Warwick Business School. Unfortunately, if you re heading in the wrong direction, charisma will also get you there faster.