Dual Leadership in UK organizations Essay Example | Topics and Well Written Essays - 1500 words

double Leadership in UK organizations - Essay ExampleThe dynamics of the CEO-Chair humans interrelationship and the effects of this on the enterprise render been analyse by Kakabadse et al (2006) who adopted a qualitative methodology and provided in-depth interviews of chairmen, CEOs and non-executive directors. The chairman-CEO interactions and their effects were also studied and the findings of the paper fall in been based on the chairmans role and contribution, nature of the relationship between the chairman and CEO, the attributes or traits of an effective chairman and the impact of the chairman-CEO relationship on board effectiveness (Kakadabse et al, 2006). The study provides a cle ber pictorial matter of the chairman-CEO dyad and the influence of the dyadic interaction on the formative context of the enterprise.Using data from 2180 Chairmanships from 460 UK firms everyplace a period of 8 years, Florou (2005) signifyed that there is a link between the Chairman and CEO in many ways as when a CEO is dismissed, the Chairman is also replaced. The data on freeing events also suggest that replacement of a Chairman is associated with restructuring of the board and with restructuring, new skills are brought in which mogul facilitate future corporate decisions. However Florou (2005) claims that the Chairmans previous position does not affect the Chairman remotion or the CEO expiration process although if the Chairman has been responsible for the appointment of the failing CEO, during CEO departure, the dismissal of the Chairman is also likely beca intent they tend to work as a team and ones also-ran mirrors the others failure as well. This in turn would suggest effective governance within an enterprise. Sora et al (2004) discuss nigh resultant problems when the role of the chief executive officer and role of the chairman are merged and when psyche takes up both the roles. There are controversies to this sort of responsibility as when the responsibilit ies of the CEO and Chairman are given to one person, there arse be a decrease of vigilance and flaws in answerability and operations of the company. As the power for the company centers around one leader, the CEO/Chairman can use this power for his personal gain at the expense of other stakeholders in the company (Sora te al, 2004). gum olibanum a unitary leadership structure with no distribution of power can lead to an environment of greed and corruption resulting in mistrust towards the company and its people. This suggests that the regulation of leadership and distribution of power should be done considering the benefits to the company and the credibility that the company can gain with it governance and management structure. There have been several pressures on US companies to fracture the roles of CEO and Chairman because a unitary leadership can lead to too much power given to one person. Shareholder activists and regulators maintain that US firms should separate the titles of CEO and Chairman of the Board as separate titles could reduce agency costs in green goddess and improve performance. According to shareholders and regulators, separation of the role of CEO and Chairman has potential costs and benefits and Brickley et al (1997) suggest that costs of such separation would be larger than benefits for most firms. So how can the one man show or unitary leadership