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Searching for a Corporate Savior

The Irrational Quest for Charismatic CEOs
Summary:

The book critically examines the cultural and market-based factors that fuel the demand for charismatic CEOs in the corporate world, arguing that this quest is often driven by symbolism and irrational expectations rather than by the actual needs of the organization. It delves into the consequences of this trend, including the impact on corporate governance and the often disappointing performance of these celebrated leaders.

Key points:

1. Charismatic CEO Myth: Khurana claims the belief in a transformative, charismatic CEO is a myth. Media and corporate culture overemphasize the impact of a single leader, ignoring the complex reality of how companies succeed.

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