The skills needed to launch a new firm are different from those required to grow and sustain the firm over time. In this chapter the authors address this important issue by developing a framework that integrates the full-range model of leadership with a life-cycle approach to understanding the evolution and growth of threshold firms. they discuss how the various elements of the full-range model of leadership may be applied in each stage of a firm’s development. They also identify several research implications that emerge from this integrated framework.
Richard Miller, R. Greg Bell, Dale Fodness and J. Lee Whittington
The demand to educate students who can create value while acting in sustainable and socially responsible ways is increasing in today’s business climate. Preparing these future managers and leaders requires that sustainability and corporate responsibility are addressed from multiple perspectives in order to teach them not only how to identify the stakeholder viewpoints but also how to balance value creation for each. In this chapter, the authors describe the comprehensive approach taken in a professional MBA program to develop a holistic approach to value creation. Rather than viewing various stakeholders as competing, students cultivate an appreciation for an integrative approach to stakeholders in an ethically, socially, and environmentally responsible manner.