Committed to a Failing Strategy: Celebrity CEO, Intermediaries, Media and Stakeholders in a Co-created Drama
以新西兰航空2001年收购安捷澳大利亚失败为例,用戏剧理论分析名人CEO、金融中介、媒体和利益相关者如何共同推动对失败战略的执着,以维持CEO的名人形象。
The apparent status of having a “celebrity CEO” heading a large organization creates a strong impression that the organization will be successful and forms an almost irresistible force compelling stakeholder commitment. However, a newly appointed celebrity CEO and the celebrity’s co-creators run the risk of becoming over-confident, over-optimistic and over-committed to what may be a failing strategy. We explore a case in which this risk became reality. We use a dramaturgical perspective to analyse Air New Zealand’s failed acquisition of Ansett Australia in 2001 and describe how the CEO, financial intermediaries, media and stakeholders co-created an unfolding drama marked by the CEO escalating the firm’s commitment to the failing acquisition as a way of maintaining an illusion of control, which helped preserve the CEO’s celebrity identity. We consider the implications for the various types of stakeholders in organizations and for the study of organizational leadership.