This book provides interesting and informative reading as it explores leadership and the exercise of power in business organizations. Leadership is a function of both position and the ability to lead. The heart of the discussion revolves around the possession of power as the capacity to command and influence the behavior of others. A chief executive possesses power by virtue of status, but leadership involves the successful exercise of authority coupled with responsibility and accountability. The book is must reading for current executives as well as for those with aspirations to become effective leaders in their organizations.

Abraham Gitlow is Dean Emeritus of the Stern School of Business, New York University. He is an honorary director of Bank Leumi USA. He is the author of numerous books and journal articles.