4 reasons leadership isn't a team activity

02/23/2012 | CNNMoney/Fortune

We're a long way from "a post-CEO world," writes Bob Frisch. Team-based decision-making processes simply don't work well, leaving companies without proper accountability or the ability to make tough decisions swiftly. "It is unrealistic and unreasonably idealistic to think that modern corporations will abandon the time-tested model of placing their trust in individuals to lead them in favor of utopian experiments in management-by-committee," Frisch writes.

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