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A chief visionary officer or chief vision officer (CVO) is an executive function in a company like a CEO or COO.The title is sometimes used to formalize a high-level advisory position and other times used to define a higher-ranking position than that held by the CEO.
An important caveat the authors express is the fact that through their research, they can claim a correlation, not a causal link between their findings and the success of companies. The list of eighteen companies identified as visionary (each had a supposedly lesser comparison company, in parentheses here, 3e p. 3): 3M; (Norton Abrasives)
Strategic leadership is a combined responsibility of the leader, the follower, and the organization. Leadership presents challenges that call forth the best in people, and bring them together around a shared sense of purpose. With intentionality, alignment, and a higher purpose; the work between the leader and the followers creates a synergy.
Transactional leaders frequently get results from employees by using authority, while transformational leaders have a true vision for their company, are able to inspire people, and are entirely committed to their work. In summary, transformational leaders focus on vision, use charisma and enthusiasm for motivation, and are proactive in nature.
Built to Last: Successful Habits of Visionary Companies by James C. Collins and Jerry I. Porras; Great by Choice: Uncertainty, Chaos and Luck - Why Some Thrive Despite Them All by James C. Collins; Great at Work: How Top Performers Do Less, Work Better, and Achieve More by Morten T. Hansen; The Halo Effect
However, there have been some salient early papers focusing specifically on entrepreneurial leadership as a prerequisite for organizational development, on the importance of the entrepreneur being a (visionary) leader, and on the parallels between leadership and entrepreneurship as fields of research and practice. [13]
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The authoritarian leadership style, for example, is approved in periods of crisis but fails to win the "hearts and minds" of followers in day-to-day management; the democratic leadership style is more adequate in situations that require consensus building; finally, the laissez-faire leadership style is appreciated for the degree of freedom it ...