tailieunhanh - The study: Leadership competency of Vietnam CEOs (research in Hanoi)

Research object: Analyzing Vietnam CEO’s leadership competency and testing the impact level ofcomponents of their leadership competency on firm performance; proposing solutions and recommendations to improve Vietnam CEOs' leadership competency. | 1 INTRODUCTION 1. The necessity of the research CEO - Chief Executive Officer is the heart of enterprises. Since the appearance of the first CEO approximately 150 years ago the number of CEOs has risen dramatically. Because of the perceived and actual influence of these CEOs and their importance to globalization prosperity and economic growth. Concern for CEO had been remaining a topical issue . Although there are a lot of studies in CEO in Vietnam as well as in the world research on CEO s leadership traits and actions to increase the performance of the CEO is still very little. Over the past 2 decades the studies in team of senior executives and their influence to firm performance had been raising Canella 1997 Childs Wolff 1972 Finklestein Elambrick 1996 Waldman Javidan Varella 2004 . These studies have shown that firm performance was closely related to CEO s actions and quality . Finkelstein 1992 pointed out the need to consider the leadership traits of senior management team influence subordinators and firm performance. Waldman Javidan Varella 2004 stated a growing trend that firm performance depends on the actions of the senior management team In Vietnam it had became popular that people focus deeply on management instead of leadership and lacking of people with ability of inspiring and building visions in business. There have also existed three common mistakes in thinking about management and leadership in Vietnam which were management thought to be leadership and vice-versa leader is the highest position in an organizational structure leader was bom not made. In addition the following statistics have shown alarming situation in quality as well as leadership competency of Vietnam CEOs. The survey of the Ministry of Planning and Investment in 63 000 enterprises in 36 provinces indicated of the CEO having educated under high school level of the business owners were master s degree or higher .The survey of Research and Development Institute also showed .

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