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European Management Journal found that leaders’ competencies are not enough for them to be effective. Our study of middle-level managers in Poland included 97 participants, around 57 percent of whom were men. Using focused questionnaires, we found clear indicators of their competencies and constraints. When we matched certain competencies with a specific set of constraints, we cleared the path for leaders to increase their effectiveness.
Competencies
In bounded leadership, we see five distinct abilities leaders require to be effective:
Anticipation competence: The ability to predict market patterns and conditions, which are essential to the organisation, such as future trends or customer needs
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Raytheon Technologies Announces Chairman Transition
April 26, 2021 GMT
WALTHAM, Mass., April 26, 2021 /PRNewswire/ Raytheon Technologies (NYSE: RTX) today announced Thomas A. Kennedy, executive chairman of the Board of Directors, will retire effective June 1, 2021, following the one-year anniversary of the merger of United Technologies Corporation and Raytheon Company. Dr. Kennedy has held various leadership positions since joining Raytheon in 1983 and served on its board for six years. Chief Executive Officer Greg Hayes has been appointed by the Board of Directors to chairman of the board in addition to his current role as CEO of Raytheon Technologies.