Abstract

http://ssrn.com/abstract=2114895
 


 



Expert Leaders in a Fast-Moving Environment


Amanda H. Goodall


IZA Institute for the Study of Labor

Ganna Pogrebna


Columbia University


IZA Discussion Paper No. 6715

Abstract:     
This paper is an attempt to understand the effects of leaders on organizational performance. We argue for an ‘expert leader’ model of leadership. We differentiate between four kinds of leaders according to their level of inherent knowledge and industry experience. After controlling for confounding variables, teams led by leaders with extensive knowledge of the core business perform better than others. Our study collects and analyses 60 years of data from one of the world’s most competitive high-technology sectors (Formula 1 competition) in which each organization’s performance can be measured objectively. We show that the most successful team leaders in F1 motor racing are more likely to have started their careers as drivers and mechanics compared with leaders who were principally managers or engineers with degrees. There is a notable association between driving and later success as a leader. Within the sub-sample of former drivers, those with the longest driving careers go on to be the most successful leaders.

Number of Pages in PDF File: 54

Keywords: expert leaders, leadership, organizational performance, high-tech, teams

JEL Classification: J33, M5, D22, O32, J24

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Date posted: July 21, 2012  

Suggested Citation

Goodall, Amanda H. and Pogrebna, Ganna, Expert Leaders in a Fast-Moving Environment. IZA Discussion Paper No. 6715. Available at SSRN: http://ssrn.com/abstract=2114895

Contact Information

Amanda H. Goodall (Contact Author)
IZA Institute for the Study of Labor ( email )
Schaumburg-Lippe-Str. 5-9
Bonn, 53113
Germany
Ganna Pogrebna
Columbia University ( email )
419 Schermerhorn Hall
New York, NY 10027
United States
HOME PAGE: http://www.gannapogrebna.com
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