How to share power without the drama:
Not everybody loved Lee Iacocca, the automotive legend who died July 2. Before saving Chrysler in the 1980s, he lost his job at Ford Motor Company following years of conflict with a C-suite rival.
The feeling was mutual. “If a guy is over 25% jerk, he’s in trouble,” Iacocca later said. “And Henry was 95%.” A third option, of course, is to skip shared leadership and bet everything on a single visionary guru who doesn’t need to consult with anyone before acting. Single leadership, even without a superstar at the helm, works better than political framing contests and jockeying at the top of an organization — with the pendulum of power swinging back and forth between warring factions. But even when single leaders are superbly talented, they fall prey to growing pains because there are just not enough hours in a day.
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