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Clearly, every company needs a leader. That's an important part of being the CEO of the company.

It won't do away with hierarchy totally, but the principal leader will be the person who most exemplifies the kind of organization and behavior required who is best able to create the conditions such organizations require.

You can be a leader in your workplace, your neighborhood, or your family, all without having a title.

The chief strategist of an organization has to be the leader - the CEO.

Showing leadership doesn't mean every employee will run the organization; that would lead to chaos. Businesses do need someone to set the vision and then lead the team to it.

My personal view is that organisations have a capacity to throw up extraordinary leaders to suit the occasion.

In most companies, the formal hierarchy is a matter of public record - it's easy to discover who's in charge of what. By contrast, natural leaders don't appear on any organization chart.

Leadership consists of picking good men and helping them do their best.

Every leader needs to clearly explain the top three things the organization is working on. If you can't, then you're not leading well.

I believe in the difference that a man or woman can make at the top of an organisation. Once you have a really good guy in place at the top, the next most important thing is continuity of management as opposed to a revolving door.