Charismatic Leadership at the Strategic Level: Taking a New Look at Upper Echelons Theory

Abstract

The primary purpose of this chapter is to examine some old truths about leadership at the CEO level, and to summarize a new perspective based on charismatic leadership theory that could help cast light on this important area of strategic management. In so doing, we attempt to move charismatic leadership theory in some new directions by bridging micro-and macro-level conceptualizations. The upper echelons perspective from the strategic management literature is first summarized. We then identify problems in conceptualization and measurement that have served to limit the usefulness of this theoretical approach with regard to understanding the leadership role and effects of CEOs. We present two alternative new models that incorporate the constructs of strategic change, CEO charisma, and perceived environmental uncertainty. Data are also presented, suggesting mixed support for the models. Suggestions are made with regard to future quantitative and qualitative research.

Citation

Waldman, D.A. and Javidan, M. (2013), "Charismatic Leadership at the Strategic Level: Taking a New Look at Upper Echelons Theory", Transformational and Charismatic Leadership: The Road Ahead 10th Anniversary Edition (Monographs in Leadership and Management, Vol. 5), Emerald Group Publishing Limited, Leeds, pp. 201-227. https://doi.org/10.1108/S1479-357120130000005017