Opinion | Of hubristic leaders and obedient company boards4 min read . Updated: 29 Apr 2019, 10:41 PM IST
Boards have responsibilities towards shareholders, and not just to the high-power CEOs
What is it about chief executive officers (CEOs) and other leaders that results in their entry and then an ignominious exit from the organizations they help create and grow? What leadership lessons can one draw from the Jet Airways fiasco? The story of Naresh Goyal and Jet is one of power asymmetries, with ramifications for corporate behavioural governance.
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