Improving Financial Outcomes through Flexible Leadership

• In Event: Breakfast with Research Round Table Session

Abstract

The importance of both managing and leading is not a new concept. What is lacking is how each is interrelated, what components of each are critical and what combination of leadership and management skills can lead to improved leader effectiveness and organizational financial performance. The Flexible Leadership Theory (FLT) posits that key executives that are flexible leaders are: (a) more effective leaders and (b) able to strategically lead their organizations to achieve greater financial outcomes (Yukl, 2005, 2008). To date, a measurement tool to assess a leader’s propensity to be a flexible leader has not been developed and validated. This paper develops a proposed measurement instrument, the flexible leadership survey (FLS) that assesses flexible leadership and its contribution to improved organizational financial performance.

Author

• Mary Kay Copeland, St John Fisher College