Leonard D. Schaeffer considered himself an autocratic frontrunner when he became CEO of Blue Cross of Ca in 1986. During the time, the business had been a financial catastrophe, the cheapest performing of the many Blue Cross plans round the usa. Their task would be to turn it around. Schaeffer described their expertise in a write-up in Harvard company Review: “The Leadership Journey. ” Here’s an excerpt:
“When a company has to alter reasonably quickly, it is a whole lot more vital that you simply come to a decision to get individuals going than its to take the time to conduct a thorough analysis and try to influence other people to come around to your way of thinking. Consequently, i might determine the autocratic frontrunner never as a person who bullies other people unnecessarily but since the managerial same in principle as a crisis space doctor, obligated to do whatever needs doing to save lots of a patient’s life.