Entrepreneurs, Managers, and Leaders : What the Airline Industry Can Teach Us about Leadership - Anthony J. Mayo

Entrepreneurs, Managers, and Leaders

What the Airline Industry Can Teach Us about Leadership

By: Anthony J. Mayo, Nitin Nohria, Mark Rennella

Hardcover | 1 October 2009 | Edition Number 1

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"Entrepreneurs, Managers and Leaders" examines the role that business leaders play in shaping industries and how the evolving context of industries shapes leaders in turn. This co-evolutionary process of leadership and industry development is told through the story of the American airline industry across the 20th century. "Entrepreneurs," who explored a variety of different airline concepts in search of a viable business model, dominate the industry's early history. As the industry evolved, a new breed of "managers" emerged who built a dominant business model that enabled their companies to grow dramatically. Later, after the industry matured, "leaders" took center-stage as agents of change to rebuild and revitalize the industry.

The lessons to be drawn from the experience of the airlines and their executives will be of interest to business leaders in industries across a wide spectrum. Despite the indelible mark that many individuals have made on their industry, writers on industry evolution-concerning the airlines or any other industry-have rarely factored in "leadership" as a way of explaining or understanding that evolution. "Entrepreneurs, Managers and Leaders" seeks to paint a fuller picture of the interdependent relationship between the actions of leaders, the context of their times, and the evolution of an industry.

Industry Reviews

"An excellent read. Important lessons and insights from some of the key pioneers and innovators in the U.S. airline industry. Practitioners, airline managers, and students of the industry should find this book to bequite relevant." - Mark Diamond, SH&E International Air Transport Consultancy

"Having the right business model for the right context is a key to business success - but business leaders can also shape this. The complex interaction between leaders and their organizations is demonstrated with authority in this novel and empirically rich study of the turbulent one-hundred year history of the American airline industry." - Geoffrey Jones, Isidor Straus Professor of Business History, Harvard Business School

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