[greenyoda]

Not every CEO has to be a visionary. If the CEO can hire good people who have good ideas and get out of their way, she doesn't have to provide all the ideas herself. But she'd need to create an environment where good ideas can be born and come to fruition. Giving people free food won't do this. You'd need to set up a culture in which good ideas actually get rewarded and people aren't afraid to fail.

[apaitch]

That's actually what I'm trying to say - she doesn't come off as a visionary (in my opinion) but if she is able to set up a good and healthy work environment then she won't need to be the one coming up with all the ideas.

[yuhong]

I hope modern MBA courses teaches things like this.

[hcal]

They do! Modern MBA programs focus heavily on a concept called servant leadership. It can get surprisingly in-depth, but on the surface its a simple idea that can be summed up in two steps. First, hire good people. Second, provide the support they need to do their job.

Modern management models have tended to move away from issuing rules and directives. These days its more about designing jobs from which the employee can derive some self-satisfaction and than providing business context so employees can self-direct toward the company's goals.