ABSTRACT
Leaders add value to organizations and stakeholders in various ways. First, they add value through the knowledge they bring to the organization. Leadership value is also attributed to culture. In layman's terms, culture is simply the way work gets done. Leaders are the overseers of the organization's culture via values and norms. Leaders also add value to stakeholders through the work they complete. Work can represent making decisions, solving problems, helping others create solutions for their problems and the like. In the pharmacy example previously mentioned, tactical level work for the pharmacist would be filling prescriptions whereas operational work could be represented by completing the annual budget. In contrast, low-risk leaders as related to value tend to possess more strategic knowledge, have accomplished enterprise wide or industry leading work, have potential to do more and are matched correctly to the organization's needs.
