E-Leader: Reinventing Leadership in a Connected Economy

E-Leader: Reinventing Leadership in a Connected Economy

E-Leader: Reinventing Leadership in a Connected Economy

E-Leader: Reinventing Leadership in a Connected Economy

Synopsis

Today every business is an e-business, and whether you are selling golf outings over the Internet or manufacturing the carts, there is no escaping the fact that every aspect of organizational design is profoundly affected by the new rules of the electronic economy. What many people and organizations overlook, however, is the degree to which these new rules are requiring a fundamentally different style of leadership. In E-Leader, Robert Hargrove identifies the new mindset and skills that leaders must develop in order to thrive in a world where wealth is built on relationships and experiences, not products or even technology. The old model of leader as "steward", protecting the company's brands and assets, is being replaced by a model of leader as "entrepreneur", searching constantly for new sources of wealth creation; establishing creative ventures with suppliers, distributors, and even competitors; and discovering new ways to attract, retain, and nurture talent -- all at the speed of light. E-Leader captures the energy of the mavericks who are redefining leadership on the electronic frontier and shows managers in all types of organiza

Excerpt

On New Year's Eve, the big illuminated white ball with 50,00 halogen bulbs dropped from atop the tower on a building in Times Square, marking the year 2000 to millions of revelers. Moments before, Peter Jennings of abc news had been on the phone with Steve Case, ceo of aol. He asked him, "What do you think we are witnessing now?" Case responded without a second's delay, "We are witnessing the beginning of what will probably be known as the Internet century." Whether Case's words were prophetic or wishful musings on his part remains to be seen.

However, only a few weeks later, an event occurred that in a sense validated what Case had said. I was in Europe at the time, staying at the Holiday Inn in Amsterdam. I had asked the receptionist to pass me a copy of the International Herald Tribune and was stunned by the eye-popping headline: "AOL buys Time Warner, an Internet triumph." To me this was an historic moment in that it represented a single event in which the new e-economy, based on electronic connections, trumped the old i-economy based on physical mass.

The $150 billion aol paid for Time Warner was living proof that AOL's stock valuation was made of cash, not helium. As the smiling (but usually grim-faced) Gerald Levin said in a cnn interview, "I am here to attest to the power of the e- economy to transform business models in the media and other industries, as well as its financial strength." Some pundits referred to the deal as a powerful symbol of "simply the greatest business transformation ever." a perfect cairn marker for the new millennium, the deal brings home the message that the Net has moved from the remote margins to mainstream America.

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