Modern economy increasingly depends on effective knowledge management – i.e. acquiring, generating, distributing and applying of knowledge in modern societies and organizations. In such circumstances more and more visible becomes a crisis of real leadership, or even, quite often, lack of leadership. We often observe how formal leaders of different kind, so important until recently, are rapidly losing their position – they continue to be “rulers” but are no longer “leaders”. The main objective of the “leadership” becomes building relations among members of the organization rather than competing for power. Such reinterpretation of modern management paradigm becomes a necessary pillar of development of modern knowledge-based economy.
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