This article draws attention to the need and importance for chief executives to formulate a Leadership Philosophy Statement (LPS) as an aid to guiding them as they execute their duties of leadership. As companies adhere to mission statements (MS) which are developed to light the pathway to success, so too does the leader need a leadership philosophy to pursue that mission. The interconnectedness of organizational mission statements and individual leadership statements is highlighted to emphasize the importance of having related goals between leader and organization. The structure of the LPS as well as its content is discussed to better inform leaders of the best approach to writing a LPS.

Included in

Business Commons