r or principles. In truth, these principles may reflect staid decisions based on economic realities long out of date. The chain of character-based leadership runs something like this: long kept principles lead to action, actions lead to habits, habits lead to character and character creates leadership (Harrison, 1997).
This definition of leadership is almost Aristotelian in nature. It depends on individuals understanding and accepting right principles or actions. Right principles or actions are always open to interpretation. In this case, one can translate >right principles or actions= as meaning company culture.
Value-based leadership focuses on adding value to the entire leadership process. In this instance, the focus of leadership is to find ways to add value to the services and products the organization stands behind. Unfortunately, this bottom-line type of leadership produces high-end results at the cost of character and principles (Harrison,
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