Companies Don't Develop Leaders--CEOs Do: An Interview with Noel Tichy

Noel Tichy, professor of organizational behavior at the University of Michigan and author of Control Your Own Destiny, discusses the importance of the CEO's role in leadership development. Tichy asserts that the best people in the company to educate and develop future leaders are those who have a record of success that others can learn from. Tichy promotes "the teachable point of view": These leaders possess a base of knowledge about business and the dynamics of business. And these leaders can pass on their knowledge to less experienced managers around them, which prepares new managers to lead in the future. This type of leadership can energize a company and help build a winning organization.