LEADERSHIP CAPITAL: CONCEPT AND ROLES

Abstract

This study seeks to identify the implications of leadership capital in modern companies, and creative leadership roles to meet the challenges of a competitive environment, and the diversity of styles of leaders who come from different environments. The concept of leadership capital is consistent with recent trends in the growing importance of tangible resources, human capital, and leadership intelligence making corporate leadership the most influential driver in making the difference in competitive advantage, market value of the company, and excellence from competitors. This study seeks to identify new roles for leadership as key components of leadership capital. These roles are: Effective influence on individuals to work according to the vision of leadership (the traditional role of leadership), leadership innovation (new principles and methods of leadership work), creating company's higher purpose (corporate citizenship that inspires employees and citizens alike), and finally the ability to excel benchmarking standards with the best competitors in the market.