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Introduction

In: Entrepreneurs, Managers, and Leaders

Author

Listed:
  • Anthony J. Mayo
  • Nitin Nohria
  • Mark Rennella

Abstract

Since the end of the twentieth century and into the twenty-first century there has been increasing anxiety about celebrating larger than life heroes of business. A considerable amount of the backlash has been brought on by business leaders themselves. We have suffered no shortage of high profile scandals. Leadership in America and especially in Corporate America is severely under question. Not since the great stock market crash of 1929 have business leaders been so vilified. In the 1990s, it was all too easy to fall under the “cult of the CEO”—worshipping business mavericks that seemed to create value from almost nothing. In a recent popular Conventional Wisdom section of Newsweek magazine, CEOs were described as follows: “Old [CEO]—Superhero role models who drive the economy. New [CEO]: Greedy chiselers who hurt the economy.”1

Suggested Citation

  • Anthony J. Mayo & Nitin Nohria & Mark Rennella, 2009. "Introduction," Palgrave Macmillan Books, in: Entrepreneurs, Managers, and Leaders, pages 1-16, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-10095-4_1
    DOI: 10.1057/9780230100954_1
    as

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