Why leaders shouldn't have too much power

06/25/2013 | Strategy+Business online (free registration)

JPMorgan Chase's shareholders were wrong to keep Jamie Dimon as the bank's CEO and chairman, argues James O'Toole. There's a limit to the amount of power any single leader should have, O'Toole writes, and separating the CEO and chairman roles is a prudent way to guard against top-level corruption or incompetence. "[S]eparate roles are like the emergency brake on your car: You probably will never have to use it and, even if you do, it might not work -- still, it's downright risky not to have one," he argues.

View Full Article in:

Strategy+Business online (free registration)

Published in Briefs:

SmartBrief Job Listings for Business

Job Title Company Location
Manager, Technical Staffing
U.S. Cellular
Chicago, IL
Human Resource Director
Salt Lake City, UT
Vice-President of Global Sales
Lindsay Corporation
Hartland, WI
Chief Operations Officer
Delta Community Supports
Blue Bell, PA
Administrative Management Specialist
Smithsonian Institute
Washington, DC