‘Leadership industry’ takes a hit

It used to be one of the much-talked about ironies at one time that most companies held aloft by Thomas J. Peters and Robert H. Waterman, Jr. in their spectacularly successful book In Search of Excellence as models of excellence were subsequently found mired in mismanagement and malpractices. Like excellence, leadership too has become a multi-billion dollar “industry”, if one goes by the conclusions forcefully expressed by Barbara Kellerman , in her book The End of Leadership.

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