86 Leadership and Strategy in the context of Changing Power Pole s                 ˜—žöȱ’›ŒŽŠȱ                … [601801]

86 Leadership and Strategy in the context of Changing Power Pole s         


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•ŠœȱŽŒ˜—˜–’ŒȱŒ›’œ’œȱ˜›ȱ–ŠŽ›’Š•’£Žȱž›’—ȱ’ǰȱ—Š–Ž•¢ȱ‘ŽȱŽ¡Œ Žœœ’ŸŽȱŒ›Ž’ȱ›˜ ‘ǰȱ‘ŽȱŽ¡ŒŽœœ’ŸŽȱ™›’ŒŽȱŠœȬ
œŽœȱ›˜ ‘ȱ›’ŸŽ—ȱ‹¢ȱ‘ŽȱŒ›Ž’ȱ›˜ ‘ǰȱ‘ŽȱŽ¡ŒŽœœ’ŸŽȱ’—Œ›ŽŠœŽȱ’—ȱ• ŽŸŽ›ŠŽǰȱ‘Žȱ•’šž’’¢ȱ›’œ”ǰȱ‘ŽȱŸ˜•Š’•Žȱ
ŒŠ™’Š•ȱ•˜ œȱŠ—ȱ˜›Ž’—ȱŒž››Ž—Œ¢ȱ•Ž—’—ǯȱ ȱŒŠ—ȱ‹ŽȱŠ›žŽȱ‘Šȱ –ŠŒ›˜Ȭ™›žŽ—’Š•ȱ™˜•’Œ’Žœȱž—Ž›Žœ’–ŠŽȱ
‘Žȱœ¢œŽ–’Œȱ›’œ”œȱ–Ž—’˜—ŽǰȱŠ•‘˜ž‘ȱ‘Ž¢ȱ Ž›Žȱ‹ŽŽ›ȱ™˜œ’’˜—Žȱ‘Š—ȱ ˜‘Ž›ȱ™˜•’Œ’ŽœȱŠ’–ŽȱŠȱ’—Š—Œ’Š•ȱ
œŠ‹’•’¢ǯȱ‘Žȱ’–™ŠŒȱ˜ȱ–ŠŒ›˜Ȭ™›žŽ—’Š•ȱ™˜•’Œ¢ȱ’œȱ’’Œž•ȱ˜ȱ‹ŽȱŽŽ ›–’—Žǰȱ‹ŽŒŠžœŽȱ’œȱžœžŠ••¢ȱŠ™™•’Žȱœ’Ȭ
–ž•Š—Ž˜žœ•¢ȱŠ—ȱ’—ȱ‘ŽȱœŠ–Žȱ’›ŽŒ’˜—ȱ ’‘ȱ˜‘Ž›ȱ–ŠŒ›˜ŽŒ˜—˜–’ Œȱ™˜•’Œ’Žœǯȱ‘žœǰȱ’ȱ’œȱ—ŽŒŽœœŠ›¢ȱŠȱ‹ŽŽ›ȱ
Œ˜˜›’—Š’˜—ȱ˜ȱ™˜•’Œ’ŽœȱŠ—ȱŠȱ‹ŽŽ›ȱŒŠ•’‹›Š’˜—ȱ˜ȱ’—œ›ž –Ž—œȱ’—ȱ˜›Ž›ȱ˜ȱŽȱŠȱšž’Œ”ȱŠ—ȱŽŽŒ’ŸŽȱ›Žœ™˜—œŽȱ
ž›’—ȱ‘Ž’›ȱ’–™•Ž–Ž—Š’˜—ǯȱ‘ŽœŽȱ–žœȱ‹Žȱ’—ȱ•’—Žȱ ’‘ȱ—Š’˜—Š• ȱœ™ŽŒ’’Œ’’ŽœȱŠ—ȱ‘Žȱ›’œ”œȱ’Ž—’’Žǯȱ—Ȭ
’•ȱ‘Žȱ—Ž ȱ–ŠŒ›˜Ȭ™›žŽ—’Š•ȱ˜˜•œȱ’—›˜žŒŽȱ‹¢ȱŠœŽ•ȱ ȱ ’••ȱ™›˜ ŸŽȱ‘Ž’›ȱŽŽŒ’ŸŽ—Žœœǰȱ‘Žȱ’œœžŽȱ˜ȱ’—’—ȱ = > ? = @ > A ? ? B C D C C A D B B ? = @ E FG H I J K 9 L 7 M‹Š—”’—ȱœ¢œŽ–ǰȱ›’œ”œǰȱ–ŠŒ›˜Ȭ™›žŽ—’Š•ǰȱ•’šž’’¢ǰȱŒ›’œ’œ N ! O P & $ Q Q % R % – $ + % ( )DZȱȱśȘǰȱȱśșǰȱȱŜŖ

87Leadership and Strategy in the context of Changing Power Pole s S T U V W X V Y W Z
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 ˜›•Ȃœȱ ŽŒ˜—˜–¢ȱ œžŽ›Žȱ Šȱ ‹Š—”’—ȱ Œ›’œ’œȱ
˜••˜ Žȱ‹¢ȱŠȱœŽŸŽ›ŽȱŽŒ˜—˜–’ŒȱŒ›’œ’œǯȱŠ—”’—ȱ o
` p q c q g ` c ` co
_ ` ` c h l d l ` p k k c ` p h k i c c b g h i j g q l r
’—ȱ ›ŽŒŽœœ’˜—ȱ ǻŽ’—‘Š›ȱ Š—ȱ ˜˜ǰȱ ŘŖŖșǰȱ
Œ‘ž•Š›’Œ”ȱŠ—ȱŠ¢•˜›ǰȱŘŖŗŗǼǯȱ‘Žȱ–Š’—ȱŒ‘Š—
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—Ž•ȱ‘›˜ž‘ȱ ‘’Œ‘ȱ‘Žȱ ŽŠ”—ŽœœŽœȱ˜ȱ‹Š—”œȂȱ sg j g ho
c q n c c l q g m m co
l l n c ` c g j co
a h a t u p q l a
›ŽžŒŽȱ‘Žȱœž™™•¢ȱ˜ȱŒ›Ž’ȱǻŽ›—Š—”ŽǰȱŗșȘřǼǯȱ
Š—”’—ȱ Œ›’œŽœȱ ˜ŒŒž›ȱ ŠŽ›ȱ ™Ž›’˜œȱ ˜ȱ ŠŒŒŽ•
r
Ž›ŠŽȱ ›˜ ‘ȱ ˜ȱ Œ›Ž’ȱ ǻ
’—•ދޛŽ›ǰȱ ŗșŝȘȱ
˜ž›’—Œ‘Šœȱ Š—ȱ ‹œŽ•ȱ ŘŖŗŘǰȱ ˜›˜ȱ Š—ȱ
Ž’œœ—Ž›ȱ ŘŖŗŘǼǯȱ ›˜ȬŒ¢Œ•’ŒŠ•’¢ȱ ’—ȱ ‘Žȱ ‹Š—”
rp h k q u q l c t g h i p h l n co
` c i p l q _ b b j u p q k c h rc ` g l c i
su c vo
c q q p w co
` c i p l c v b g h q p a h x n po
n
›˜ž—Žȱžž›ŽȱŒ›’œŽœȱ‹ŽŒŠžœŽȱ‹Š—”œȱ˜ȱ—˜ȱ n g w c t _o
n c y _ p l u p h l n c k g t c z { a j t q l ` | t
Š—ȱ’›˜•ŽǰȱŗșșŝǼǯȱ —ȱ’–Žœȱ˜ȱŒ›’œ’œȱ‘Ž›Žȱ’œȱŠȱ o
` c i p lo
a h l ` go
l p a ho
g _ q c i
su ` c i _o
c io
g b p l g jb a q p l p a h d q p ho
c p l p q c v b c h q p w c d l n c a b l p t _ tj c w c j p q j a x c ` l n g h l n g l ` c y _ p ` c i g h i g m m co
l q
‹Š—”ȱ’—Š—Œ’—ȱǻ›Ž’¡ŠœȱŠ—ȱ˜Œ‘ŽȱŘŖŖȘȱŠ—ȱ
¢Ž›ȱŠ—ȱŽ¢›˜ȱŘŖŗŗǰȱ Ž›•Ž›ǰȱ
’¢˜Š”’ȱŠ—ȱ
žŽ›Š•˜ȱŘŖŗŗǼǯ
•Žœœ’ȱ Š—ȱ Ž”Ž—ȱ ǻŘŖŗŗǼǰȱ ˜›¢ȱ Žȱ
Š•ǯȱ ǻŘŖŖșǼǰȱ ˜›’˜ȱ Š—ȱ ˜ Žȱ ǻŘŖŖŘǰȱ ŘŖŖŚǼǰȱ
›Ž‘–Š——ȱŽȱŠ•ǯȱǻŘŖŗŖǰȱŘŖŗŗǼȱŠ—ȱŒ‘ž•Š›’Œ”ȱ
Š—ȱŠ¢•˜›ȱǻŘŖŗŘǼȱ‘ŠŸŽȱœ‘˜ —ȱ‘Šȱ’—’ŒŠ˜›œȱ a m c vo
c q q p w co
` c i p l k ` a x l n g ` c w c ` u c m m co
l p w c
’—ȱ œ’—Š•’—ȱ ’—Š—Œ’Š•ȱ Œ›’œŽœǯȱ Œ‘ž•Š›’”ȱ Š—ȱ
Š¢•˜›ȱ ǻŘŖŗŘǼǰȱ Š—Š•¢£’—ȱ Šȱ œŽȱ ˜ȱ ’—’ŒŠ˜›œȱ m a ` g h _ t
sc ` a m } ~ i c w c j a b c io
a _ h l ` p c q m a ` g
™Ž›’˜ȱ˜ȱŗŚŖȱ¢ŽŠ›œǰȱ˜ž—ȱ‘ŠȱŒ›Ž’ȱŽ¡™Š—
rq p a h x g q l n c
sc q l l a a j l n g lo
g h q p k h g j l n c m p rh g ho
p g j p h q l g
sp j p l u p h l n p q b c ` p a i  € c j j  ‚ ` po o
p g
ŽȱŠ•ǯȱǻŘŖŗŘǼȱ›Ž™˜›Žȱœ’–’•Š›ȱ’—˜›–Š’˜—ǰȱŠ
r
Ž›ȱŠ—Š•¢£’—ȱŠȱœŠ–™•Žȱ˜ȱŠŠȱ˜›ȱŗŝŖȱŒ˜ž—
r
›’Žœȱ œ’—ŒŽȱ ‘Žȱ ŜŖȂœǰȱ Šȱ ‘’›ȱ ˜ȱ Œ›Ž’ȱ ‹˜˜–œȱ sc p h k m a j j a x c i
suo
` p q c q g h i l x a r l n p ` i q
sub c ` p a i q a m j a x b c ` m a ` t g ho
c z t c g q _ ` c i g q l n c
i c w p g l p a h a m ƒ € „ k ` a x l n m ` a t p l q j a h k r l c ` t
›Ž—Ǽǯȱ Šž›’—Šȱ Š—ȱ ’–·—Ž£ȱ ǻŘŖŖŜǼȱ œ‘˜ ȱ l n g l l n c ` c p q g i p ` co
l d g j
sc p l i c j g u c i do
a h h co
rl p a h
sc l x c c h l n c k ` a x l n a mo
` c i p l g h i l n c p h r
Œ›ŽŠœŽȱ ˜ȱ Œ›Ž’ȱ ›’œ”ǰȱ Šȱ ›Š™’ȱ ’—Œ›ŽŠœŽȱ ’—ȱ ‘Žȱ j a g h b a ` l m a j p a q
sc p h k b a q p l p w c j u g q q ao
p g l c ix p l n g h p ho
` c g q c p h h a h r b c ` m a ` t p h k j a g h q p hl n c m _ l _ ` c f l _ i p c q l a i g l co
a h l g p h q _ m m po
p c h l c w p ri c ho
c a m j a a q c h p h k j c h i p h k b a j po
p c q i _ ` p h kb c ` p a i q a m c v b g h q p a h d j a g h q a ` p k p h g l c i i _ ` rp h k
sa a t q n g w p h k n p k n c ` i c m g _ j l ` g l c q l n g hl n a q c k ` g h l c i p h b c ` p a i q a m t a i c ` g l co
` c i p lk ` a x l n  … a l n j c h i c ` q g h i
sa ` ` a x c ` q g ` c w c ` ua b l p t p q l po
g
sa _ l p h w c q l t c h l b ` a † co
l q g h il n p q l ` g h q j g l c q p h l a j a x j c h i p h k q l g h i g ` i q 
ž›’—ȱ ‘Žȱ Œ›’œ’œǰȱ ‹Š—”œȱ œžŽ—•¢ȱ ‹ŽŒ˜–Žȱ w c ` uo
a h q c ` w g l p w c g h i ` c q l ` po
l l n co
` c i p l b a j p ro
u d x n po
n x p j j j c g i l a go
` c i p lo
` _ ho
n d j c g w p h kl n c co
a h a t u x p l n a _ l m _ h i p h k  ‡ h g i i p l p a h d
’—Š—Œ’Š•ȱ–Š›”Žœȱ˜ȱ—˜ȱ ˜›”ȱ™Ž›ŽŒ•¢ǰȱ™Ž
r` p a i po
g j j u
sc p h k ` c k p q l c ` c i _ h i c ` r c q l p t g l p a h
˜ȱ›’œ”œǰȱ ‘’Œ‘ȱŒŠ——˜ȱ‹Žȱ›ŽŠ’•¢ȱŒ˜—›˜••Žǯȱ ˆ n c w g j _ c a mo
a j j g l c ` g j d x n po
n l c h i q l a
sco
u ro
j po
g j d b j g u q g h p t b a ` l g h l ` a j c p h l n co
` c i p lo
uo
j c  ‚ i i p l p a h g j j u do
a t b c l p l p a h
sc l x c c h p h rl c ` t c i p g ` p c q t g u x a ` q c h m p h g ho
p g j q l g
sp j p l u { a x c w c ` d ` co
a ` i p h k a w c ` g j a h k b c ` p a i a mj a x p h l c ` c q l ` g l c q d j a x w a j g l p j p l u g h i t a i c ` rg l c p h m j g l p a h ` g l c q d q _o
n g q l n c a h c q
sc m a ` c l n c
Œ›’œ’œǰȱŽ—ȱ˜ȱŽ—Œ˜ž›ŠŽȱ›’œ”ȬŠ”’—ȱ‹¢ȱ‹Š—”œȱ
 ‘’Œ‘ȱ Š›Žȱ œŽŠ›Œ‘’—ȱ ˜›ȱ ¢’Ž•ȱ ǻ ’–·—Ž£ǰȱ
—Ž—Šǰȱ Ž¢›àȱ Š—ȱ Šž›’—Šȱ ŘŖŗřǼǯȱ•œ˜ǰȱ ’ȱ
’œȱ ’Ž•¢ȱŠŒŒŽ™Žȱ‘Šǰȱ’—ȱŽœœŽ—ŒŽǰȱ‘Žȱ‹Š—”œȱ sc n g w p a ` p q b ` a ro
uo
j po
g j x n g l c w c ` ` c k _ j g l a ` u d
–Š›”Žȱ˜›ȱŒŠ™’Š•ȱ›Žšž’›Ž–Ž—œǯ ‰ go
` a r b ` _ i c h l p g j b a j po
p c q g p t l a ` c i _o
ch c k g l p w c c v l c ` h g j p l p c q m ` a t l n c m p h g ho
p g j q u q rl c t l a l n c co
a h a t u  ˆ n c u g ` c i c q p k h c i l ac h q _ ` c a w c ` g j j q l g
sp j p l u a m m p h g ho
p g j q u q l c t q ‰ go
` a r b ` _ i c h l p g j g b b ` a go
no
a h q p i c ` q p q q _ c q

88 Leadership and Strategy in the context of Changing Power Pole s         ŠŽŒ’—ȱ‘Žȱ–Š›”ŽȱŠœȱŠȱ ‘˜•Žǰȱ’œ’—Œȱ’—
ri p w p i _ g j m p h g ho
p g j p h q l p l _ l p a h d b ` a
sj c t q l n g lo
g h h a l
sc p i c h l p m p c i g l t po
` a r b ` _ i c h l p g jj c w c j 
ȱ Šȱ Œ›Ž’ȱ ›˜ ‘ȱ Šȱ Šȱ ‹Š—”ȱ •ŽŸŽ•ȱ –Š¢ȱ q c c t q _ q l g p h g
sj c d p l p q b a q q p
sj c l n g l l n p q l ` c h ix p j j h a l
sco
a h m p ` t c i g l l n c g k k ` c k g l c j c w c j ‡ h g h g l l c t b l l a q co
_ ` c l n c p ` p h i p w p i _ g j q l g rsp j p l u d m p h g ho
p g j p h q l p l _ l p a h q t g u
sc n g w co
a j rj co
l p w c j u l n ` c g l c h p h k l n c q u q l c t g q g x n a j c 
‘Žȱ œŠ•Žȱ ˜ȱ ŠœœŽœǰȱ  ‘Ž—ȱ ‘Žȱ Œ˜œȱ ˜ȱ ›’œ”ȱ ’—
r
Œ›ŽŠœŽȱ –Š”Žœȱ œŽ—œŽȱ ›˜–ȱ Šȱ –’Œ›˜ȱ ™›žŽ—
rl p g j b c ` q b co
l p w c d
s_ l x n c h l n c t c g q _ ` c p qg i a b l c i
su g j j p h q l p l _ l p a h q d g q q c l b ` po
c q x p j jm g j j q p k h p m po
g h l j u d p ho
` c g q p h k w a j g l p j p l u p h g q r
œŽȱ –Š›”Žœǯȱ ‘žœǰȱ ‘Ž›Žȱ –Š¢ȱ ‹Žȱ Šȱ Œ˜—•’Œȱ sc l x c c h t go
` a g h i t po
` a q _ b c ` w p q p a h a m l n c
‹Š—”’—ȱœ¢œŽ–ǯ e h l p j ` co
c h l j u p l x g q l n a _ k n l l n g l m p h g h ro
p g j q l g
sp j p l u p q k p w c h
su c go
n m p h g ho
p g j p h q l p l _ r
’˜—ȱœŠ‹’•’¢ȱ‘Šȱ ’••ȱ–Š”Žȱœž›Žȱ‘Žȱœ¢œŽ–ȱ g q g x n a j c d l n c m g j j go
u a mo
a t b a q p l p a h d g h g b r
™›˜ŠŒ‘ȱ ‘’Œ‘ȱž—Ž›Žœ’–ŠŽȱœ¢œŽ–’Œȱ›’œ”œǯȱ f _ b c ` w p q p h k l n c q u q l c to
a t b a h c h l q l a c h rq _ ` c l n c a w c ` g j j q l g
sp j p l u x g q l n c g b b ` a go
n a m… g q c j ‡ d l n c … g q c j ‡ ‡ g b b ` a go
n b _ ` q _ c i x p l n p h dg h i m _ ` l n c `o
a h l g p h c i g h _ t
sc ` a m c j c t c h l ql n g l n g w c
sc c h q n a x h l a
sc b ` a ro
uo
j po
g j  ‚t go
` ao
a t b a h c h l x g q p h l ` a i _o
c i a h j u _ h ri c ` … g q c j ‡ ‡ ‡ Šn p j c t po
` a r b ` _ i c h l p g j b a j po
uo
g h c v rg k k c ` g l c l n ` a _ k n g i t p h p q l ` g l p w c t c g q _ ` c q p hp l q g l l c t b l l a b ` a l co
l c go
no
` c i p l p h q l p l _ l p a hg h i c go
n i c b a q p l a ` d t go
` a r b ` _ i c h l p g j b a j po
uo
g h go
n p c w c g
sc l l c `
sg j g ho
c
sc l x c c h t g ` r
”Žȱ’œŒ’™•’—ŽȱŠ—ȱŠ–’—’œ›Š’ŸŽȱ’œŒ’™•’—Žǰȱ x p l n a _ l l ` u p h k l a b ` a w p i c c vo
c q q p w c b ` a l co
r
’˜—ȱǻ œ©›ŽœŒžǰȱŘŖŗŗǼǯ ˆ n c ` co
c h l m p h g ho
p g jo
` p q p q n p k n j p k n l c il n c h c c i l a i c w c j a b g h c x q u q l c t a m m p h g h ro
p g j ` c k _ j g l p a h g h i q _ b c ` w p q p a h d ` c y _ p ` p h k l n c
c q l g
sj p q n t c h l a m g h c x q c l a m t go
` a r b ` _ i c h rl p g j l a a j q l ao
a h l ` a j l n co
` c i p l k ` a x l n ‹a _ h l c `o
uo
j po
g j t go
` a r b ` _ i c h l p g j b a j rpo
u l a a j qo
g h
sc _ q c i l a q a j w co
uo
j po
g j w _ j rh c ` g
sp j p l p c q
su q j a x p h ko
` c i p l k ` a x l n i _ ` p h kb c ` p a i q a m c v _
sc ` g ho
c g h i t g p h l g p h p h k l n co
` c i p l q _ b b j u p h l p t c q a m ` co
c q q p a h ‡ l p q i p m m po
_ j l l a t c g q _ ` c l n c q _o o
c q q a `m g p j _ ` c a m t go
` a r b ` _ i c h l p g j b a j po
p c q d k p w c hl n c ` c j c w g ho
c a m a l n c ` b a j po
p c q m a ` m p h g ho
p g jq l g
sp j p l u  ‡ h g i i p l p a h d l ` g h q t p q q p a h t co
n g r
—’œ–œȱŠ›Žȱ—˜ȱž••¢ȱ”—˜ —ǯȱ•œ˜ǰȱ–ŠŒ›˜Ȭ™›ž
ri c h l p g j b a j po
p c q g ` co
a t b j c t c h l g ` u g h i i ah a l ` c b j go
c t go
` a co
a h a t po
b a j po
p c q z t a h rc l g ` u g h i m p qo
g j Œ 
Œ‘˜Ž—–ДޛȱǻŘŖŗŘǼȱ›Š œȱŠŽ—’˜—ȱ˜ȱ l n c ` p q c a m p h l c ` c q l p h t po
` a r b ` _ i c h l p g j q _ rb c ` w p q p a h
suo
` c g l p h k l n c f p h k j c f _ b c ` w p q a ` u‰ co
n g h p q t z f f ‰ Œ g h i l n c ` c j g l p w c j u j a xp h l c ` c q l a h l n c p t b j c t c h l g l p a h a m t go
` a rb ` _ i c h l p g j b a j po
u g l l n c ^ e j c w c j d x n p j c ` c rq b co
l p h k j ao
g j q b co
p m po
p l u a m c go
n ‰ c t
sc `
ŠŽȱŠ—ȱ›’œ”œȱ‘Ž¢ȱŠ›ŽȱŠŒ’—ǯȱ
ŽȱŠ›žŽœȱ‘Šȱ t go
` a i c w c j a b t c h l q d q _o
n g q l n c q n g ` b ` p q cp h ` c q p i c h l p g j ` c g j c q l g l c b ` po
c q d x n po
n i c l c ` rt p h c i l n c co
a h a t po o
` p q p q d ` c y _ p ` c q l n c b j go
c rt c h l a m l n c p h q l ` _ t c h l q a m t go
` a r b ` _ i c h l p g j
™˜•’Œ¢ȱŠȱ‘Žȱž›˜™ŽŠ—ȱŽ—›Š•ȱŠ—”ǰȱœŽ™Š›Š
rc i m ` a t t po
` a r b ` _ i c h l p g j q _ b c ` w p q a ` u m _ ho
r
’˜—ǰȱ ’‘ȱ‘Žȱ—Š’˜—Š•ȱŒŽ—›Š•ȱ‹Š—”œȱœž™™˜›ȱ x n c h p l p q h co
c q q g ` u  ‡ l p q l n _ q p h i po
g l c i gt g l l c ` a m t go
` a r b ` _ i c h l p g j b a j po
uo
a a ` i p h g rl p a h g l ^ e g h i h g l p a h g j j c w c j 

˜ ŽŸŽ›ǰȱœ”Ž™’ŒœȱŠ›žŽȱ‘Šȱ’—Ž—œ’ŸŽȱ g b b j po
g l p a h a m t go
` a r b ` _ i c h l p g j b a j po
p c qo
g ho
g _ q c i p q l a ` l p a h q g h i n p k n c ` t go
` a co
a h a t po
Ÿ˜•Š’•’¢ȱǻŠ•˜–’›’œǰȱŘŖŗřǼǯȱ‘Ž¢ȱ‹Ž•’ŽŸŽȱ‘Šȱ
Ž¡ŒŽœœ’ŸŽȱ›’œ”ȱŠ”’—ȱ’œȱ‘Žȱ–Š’—ȱœ¢–™˜–ȱ˜ȱ t a h c l g ` u b a j po
u g h i t po
` a r q _ b c ` w p q p a h p h rc m m co
l p w c d x n po
n a ho
co
a ` ` co
l c i x p j j j c g i l a
›Ž–˜Ÿ’—ȱ’—ŒŽ—’ŸŽœȱ˜›ȱŠ”’—ȱ‘’‘ȱ›’œ”œȱ’—ȱ

89 Leadership and Strategy in the context of Changing Power Pole s S T U V W X V Y W Z
b c ` p a i q a m
sa a t g h i p t b j po
p l j u h a h c c i m a `g b b j po
g l p a h a m t go
` a r b ` _ i c h l p g j l a a j q 
Řǯȱ‹“ŽŒ’ŸŽœȱŠ—ȱŽ‘˜˜•˜¢ ‡ p h l c h i l a c v g t p h c l n c t go
` a r b ` _ i c h rl p g j b a j po
p c q g b b j p c i g l h g l p a h g j j c w c j g h in a x l n c u p h m j _ c ho
c i l n c m p h g ho
p g j b a q p l p a h a m
‹Š—”œǰȱ ‘Žȱ ’—Š—Œ’Š•ȱ œ¢œŽ–ȱ œŠ‹’•’¢ȱ ˜ŸŽ›Š••ȱ g h i l n co
` c i p l q _ b b j u l a ` c g j co
a h a t u i _ ` rp h k l n c j g q lo
` p q p q  ‡ h l c ` h g l p a h g j c v b c ` p c ho
c p q` c j c w g h l p h g q q c q q p h k
sa l n l n c c m m co
l p w c h c q q a mi p m m c ` c h l p h q l ` _ t c h l q d g h i l n c b a q q p
sp j p l u a mg i a b l p h k h c x l a a j q  ‡ q q _ c q b ` c q c h l c io
a _ j ib ` a w p i c g q l g ` l p h k b a p h l m a ` t a ` c i c l g p j c ig h g j u q p q ˆ n c b g b c ` x p j j m ao
_ q a h l n c q l _ i u a m p Œ t go
` a r b ` _ i c h l p g j b a j po
u p h l c ` go
l p a hx p l n t a h c l g ` u b a j po
u p h c h q _ ` p h k m p h g ho
p g jq l g
sp j p l u Žp p Œ w _ j h c ` g
sp j p l p c q g i i ` c q q c i
su t go
` a rb ` _ i c h l p g j b a j po
p c q Žp p p Œ t go
` a r b ` _ i c h l p g j p h q l ` _ t c h l q 
’ǼȱŠŒ›˜Ȭ™›žŽ—’Š•ȱ™˜•’Œ¢ȱ’—Ž›ŠŒ’˜—ȱ 
% + 3 # ( ) . + $ , 2  ( & % – 2 % ) . ) Q * , % ) ‘ R % ) $ ) – % $ &Q + $ ’ % & % + 2ˆ n c j g l c q l m p h g ho
p g jo
` p q p q n g q q n a x h l n g ll n c ` c p q g t g † a `o
a h m j po
l
sc l x c c h t a h c l g ` ug h i m p h g ho
p g j q l g
sp j p l u 
Šn p j c t a h c l g ` u q l g rsp j p l u m ao
_ q c q a ho
a h q _ t c ` b ` po
c q d m p h g ho
p g jq l g
sp j p l u p qo
a h q p i c ` p h ko
n g h k c q p h b ` po
c q a m
ŠœœŽœǰȱœžŒ‘ȱŠœȱ›ŽŠ•ȱŽœŠŽȱ–Š›”Žȱ™›’ŒŽœǰȱŠ—ȱ g p t q l a ` c i _o
c l n c b ` a ro
uo
j po
g j p l u a m l n c m p h g h r
Œ’Š•ȱœ¢œŽ–ǯȱ—ŒŽȱ‘Žȱ’—Ž›Žœȱ›ŠŽȱ˜›ȱ–˜—Ž
r
Š›¢ȱ™˜•’Œ¢ȱ™ž›™˜œŽœȱ’œȱœŽǰȱŒŽ—›Š•ȱ‹Š—”œȱŠ›Žȱ o
n a a q p h k l n c t go
` a r b ` _ i c h l p g j l a a j q h co
c q rq g ` u l a c h q _ ` c l n c q l g
sp j p l u a m m p h g ho
p g jo
uo
j c q 
Ž›—ŠȱǯȱǻŘŖŗŗǼȱŒ˜—œ’Ž›œȱ‘Šȱ–˜—ŽŠ›¢ȱ
™˜•’Œ¢ȱ™ž›œžŽȱ‹¢ȱ–˜œȱŒŽ—›Š•ȱ‹Š—”œȱ’—ȱ‘Žȱ j g q l i co
g i c d c vo
j _ q p w c j u a ` p c h l c i l a x g ` i q
b ` po
c q l g
sp j p l u m go
p j p l g l c i g h i c w c h m _ c j c i
Œ›Ž’ȱŽ¡™Š—œ’˜—ǯȱ‘Žȱ‹Ž•’Žȱ‘Šȱ”ŽŽ™’—ȱ’—
rm j g l p a h j a x x p j j g _ l a t g l po
g j j u c h q _ ` c q l n ct a h c l g ` u g h i m p h g ho
p g j q l g
sp j p l u c h g
sj c i l n ct g p h l c h g ho
c a m l n c
s_
s sj c m a ` u c g ` q  ˆ n ct a h c l g ` u b a j po
u q l ` g l c k uo
g j j c i p h m j g l p a h l g ` rk c l p h k h c k j co
l c i l n c g
sp j p l u a mo
` c i p l l ao
g _ q cm p h g ho
p g j p h q l g
sp j p l u  ‚ h g j u q c q b c ` m a ` t c i
su‹` a x c d € c j j  ‚ ` po o
p g d ‡ k g h g h i “ g
sg h g j z ” ‰ ‡
ŘŖŗŗǼȱ ˜—ȱ Šȱ œŠ–™•Žȱ ˜ȱ ŚŖȱ Œ˜ž—›’Žœȱ œ‘˜ Žȱ l n g l t a h c l g ` u b a j po
u p q g h p h g b b ` a b ` p g l c l a a jx n po
no
g ho
` c g l c g i i p l p a h g jo
a q l q l a q a j w c l n cb ` a
sj c t a m p h i c
sl c i h c q q g h i q n g ` b n a _ q c
™›’ŒŽœȱ ›˜ ‘ǰȱ ’ȱ ’ȱ ’œȱ —˜ȱ •’—”Žȱ ˜ȱ Šȱ  ’Ž›ȱ b ` ao
c q q a m a w c ` n c g l p h k  ˆ n _ q d l n c ` c p q g b a q p r
’ŸŽȱ•’—”ȱ‹Ž ŽŽ—ȱ–˜—ŽŠ›¢ȱ™˜•’Œ¢ȱœŠ—ŒŽȱŠ—ȱ
‘ŽȱŽŸ˜•ž’˜—ȱ˜ȱ‘Žȱ›ŽŠ•ȱŽœŠŽȱ–Š›”Žǯȱ—ȱ’—
ro
` c g q c p h l n c t a h c l g ` u b a j po
u ` g l c t g uo
g _ q cg ` c i _o
l p a h p h l n c ƒ € „ k ` a x l n d
s_ l l n p q p q h a l` c m j co
l c i x p l n l n c q g t c p h l c h q p l u p h l n c b ` a b rc ` l u b ` po
c q 
•‹Ž›˜•Šǰȱ›žŒ‘Š›ŽȱŠ—ȱސŠȱǻŘŖŗŗǼȱ‹Ž
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•’ŽŸŽȱ‘ŠȱŠ—Š•¢£’—ȱ‘Žȱ’—Ž›ŠŒ’˜—ȱ‹Ž ŽŽ—ȱ t a h c l g ` u b a j po
u g h i m p h g ho
p g j q l g
sp j p l u p q
žœŽž•ȱ˜ȱŽ•’–’ȱ ˜ȱ’–Žȱ‘˜›’£˜—œǰȱ’ǯŽǯȱœ‘˜›ȱ g h i j a h k l c ` t ‡ h l n c j a h k l c ` t d l n co
a ho
j _ q p a h p hco
a h a t po
l n c a ` u p q l n g l l n c ` c p q h ao
a h m j po
lsc l x c c h t a h c l g ` u q l g
sp j p l u g h i m p h g ho
p g jq l g
sp j p l u d l n c l x ao
a ho
c b l q g ` c t _ l _ g j j u q _ b rb a ` l p h k d j a x p h m j g l p a h g h i q l g
sj c j a h k r l c ` tt a h c l g ` u b a j po
u l c h i l a b ` a t a l c m p h g ho
p g jq l g
sp j p l u  ^ v p q l p h k c t b p ` po
g j i g l g q _ b b a ` l l n p ql n c a ` u d q n a x p h k l n g l t a h c l g ` u p h q l g
sp j p l u p qa h c a m l n c t g p h m go
l a ` q p h l n c b g q l c b p q a i c qa m m p h g ho
p g j p h q l g
sp j p l u  ˆ n p qo
a t b j c t c h l g ` p l u
œ‘˜ œȱ‘Šȱ–˜—ŽŠ›¢ȱ™˜•’Œ¢ȱ–ŽŠœž›ŽœȱŠ”Ž—ȱ p h a ` i c ` l a t g p h l g p h b ` po
c q l g
sp j p l u q n a _ j ih a l k c h c ` g j j u
sco
a h l ` g ` u l a l n c ` c y _ p ` c t c h l qh c c i c i l a c h q _ ` c m p h g ho
p g j q l g
sp j p l u { a x c w c ` d ` co
c h l c w c h l q q n a x l n g l m p h g h ro
p g j p t
sg j g ho
c qo
g h go o
_ t _ j g l c p h b c ` p a i q

90 Leadership and Strategy in the context of Changing Power Pole s         
x n c h b ` po
c q g ` c q l g
sj c 
‹a h q c y _ c h l j u d b ` po
cq l g
sp j p l uo
g h
sc q c c h g q g h co
c q q g ` u
s_ l h a lq _ m m po
p c h lo
a h i p l p a h m a ` m p h g ho
p g j q l g
sp j p l u g h iq n a ` l r l c ` t p h l c ` go
l p a h
sc l x c c h l n c q c l x aa
s† co
l p w c q p q t a ` co
a t b j c v l n g h j a h k r l c ` t
›Ž•Š’˜—œ‘’™ȱ ‹Ž ŽŽ—ȱ ‘Ž–ǯȱ ’—œŠ¢ȱ ǻŗșșŜǼȱ q _ k k c q l l n g l q _o o
c c i p h k p h t g p h l g p h p h k j a xp h m j g l p a h ` g l c qo
a _ j i l ` p k k c ` l a a a b l p t p q l pow p q p a h a m l n c m _ l _ ` c l a b a b _ j g l p a h g h i l n p qm g j q c q c h q co
g h j c g i l a g q q c l b ` po
c g b b ` co
p g rl p a h  ˆ n _ q d t a h c l g ` u b a j po
u q n a _ j i ` c t g p h l al n c p h l c h i c i a
s† co
l p w c a m t g p h l g p h p h k b ` po
cq l g
sp j p l u  ‡ h q l ` _ t c h l q a l n c ` l n g h t a h c l g ` ub a j po
u ` g l c d p ho
j _ i p h k t go
` a r b ` _ i c h l p g j ` c k r_ j g l p a h g h i q _ b c ` w p q p a h t g u
sc t a ` c g b b ` a rb ` p g l c l a g i i ` c q q m p h g ho
p g j q l g
sp j p l u ” ` a t l a i g u  q b c ` q b co
l p w c d p l p qo
j c g ` l n g ll n c j a h k b c ` p a i a m q l g
sj c h a h r p h m j g l p a h g ` uk ` a x l n p h l n c k j a
sg j co
a h a t u z q a ro
g j j c i ˆ n c
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c b l p a h l n g l w _ j h c ` g
sp j p l p c qb ` a i _o
p h k t go
` a co
a h a t po
p h q l g
sp j p l uo
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n g ` r
ŠŒŽ›’£Žȱ ‹¢ȱ Š—ȱ ޡАŽ›ŠŽȱ ˜™’–’œ–ǯȱ ‘Žȱ co
a h a t po
p h q l g
sp j p l u c v b c ` p c ho
c i p ho
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c q l n c p i c g a m l n c i p m m po
_ j l u a m t a h c l g ` ub a j po
u l ao
a _ h l c ` go
l l n c c m m co
l q a m g m p h g ho
p g j
Œ›’œ’œǯȱ •‹Ž›˜•Šǰȱ ›žŒ‘Š›Žȱ Š—ȱ ސŠȱ ǻŘŖŗŗǼȱ sc j p c w c q l n g l l n c p h l c ` go
l p a h
sc l x c c h l n c l x ab a j po
p c q n g q h a l
sc c h b ` a b c ` j uo
g j p
s` g l c i g h il n g l l n c p t b j c t c h l g l p a h a m t go
` a r b ` _ i c h l p g jb a j po
p c q l a g i i ` c q q
sa l n a
s† co
l p w c q ` c y _ p ` c qg h g i g b l g l p a h a m l n c t po
` a r b ` _ i c h l p g j q _ b c ` rw p q p a h l a a j q g l l n c q u q l c t j c w c j d l a q l ` c h k l n c hp h i p w p i _ g j p h q l p l _ l p a h q g h i l n c q u q l c t ` c rq p j p c ho
c  “ c k g ` i p h k l n c c m m co
l a m l p k n l c h p h kt a h c l g ` u b a j po
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p h k c vo
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g h
sc g ` k _ c i l n g l l n p q x g q a h c _ h ri c q p ` g
sj c d g l j c g q l p h ^ g q l c ` h ^ _ ` a b c d j c g i rp h k l a go o
c j c ` g l p h k m a ` c p k ho
_ ` ` c ho
u j c h i p h k 
›£˜£Šǰȱ ‘–’ޕޠœ”’ȱ Š—ȱ ’ŽĊ ’Ž£’Úœ”Šȱ ǻŘŖŖŝǼȱœž¢’—ȱ‘ŽȱŽŽŒœȱ˜ȱ–˜—ŽŠ›¢ȱ™˜•
rpo
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c a m i c w c j a b c i m p h g ho
p g j
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u j c g i q l a g q _
sq l p rl _ l p a h a m j ao
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Œž››Ž—Œ¢ȱ’—Š—Œ’—ȱǻ£ŽŒ‘ȱŽ™ž‹•’Œǰȱ˜•Š—ǰȱ

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a h a t p c q 
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˜•ŠœŠȱ Š—ȱ ДЛœ”¢ȱ ǻŘŖŗřǼȱ q _ k k c q l q l n g l t go
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p c qo
g hg l j c g q l b g ` l p g j j uo
g ho
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l a m j a q p h k l n ct a h c l g ` u b a j po
u p h i c b c h i c ho
c p h l n c b c ` p b n rc ` uo
a _ h l ` p c q a m l n c ^ _ ` a b c g h e h p a h d p ho
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c d ‡ ` c j g h i d„ a ` l _ k g j g h i f b g p h Œ g h i l n co
c h l ` g j c _ ` a g ` c g 
œ’—ȱ ˜ȱ–˜Ž•œȱ˜›ȱ‘Žȱ›ŽŠ•ȱŽœŠŽȱ–Š›”Žȱ
Š—ȱ˜›ȱ‘Žȱ‹Š—”’—ȱœ¢œŽ–ǰȱ‘Ž¢ȱ˜ž—ȱ‘Šȱ
‘Žȱ•˜Š—ȱ˜ȱŸŠ•žŽȱȬȱȱœŽŽ–œȱ˜ȱ‹Žȱ–˜›ŽȱŽ
rm co
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a _ h l ` p c q a m l n c b c ` p b n c ` ugo o
_ t _ j g l c i q a t c p t
sg j g ho
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c q g j t a q l i a _
sj c i p h l n c
™Ž›’˜ȱ ŗșșŜȱ Ȭȱ ŘŖŖŜǰȱ  ‘’•Žȱ ‘Ž¢ȱ œŠ—ŠŽȱ ˜›ȱ
œ•’‘•¢ȱ’—Œ›ŽŠœŽȱ’—ȱ‘Žȱ›Žœȱ˜ȱ‘Žȱž›˜£˜—Žǯȱ ˆ n p q go o
c j c ` g l c i l n c ƒ € „ k ` a x l n p h l n c q co
a _ h l ` p c q d g h i j g l c ` d x n c h l n c n a _ q p h k
s_
srsj c c h i c i i c l c ` t p h c i g q p k h p m po
g h l ` c i _o
l p a ha m p l  ˆ n c go o
c j c ` g l c i k ` a x l n a m ` c g j c q l g l cb ` po
c q n g q
sc c h p i c h l p m p c i g q l n c t g p h i c l c ` rt p h g h l a m l n c i p w c ` k c ho
c p h ƒ € „ c w a j _ l p a hsc l x c c h b c ` p b n c ` u g h io
c h l c ` g ` c g  ˆ n c t g p hq a _ `o
c a m g q u t t c l ` po
i c w c j a b t c h l x g q l n cq n g ` b ` c i _o
l p a h a m p h l c ` c q l ` g l c q a h l n c b c r` p b n c ` u g q g ` c q _ j l a m go o
c q q p a h l a l n c c _ ` a
£˜—Žǰȱ Œ˜–‹’—Žȱ  ’‘ȱ ŽŠœ’Ž›ȱ ŠŒŒŽœœȱ ˜ȱ Œ›˜œœȬ sa ` i c ` m _ h i p h k 

91Leadership and Strategy in the context of Changing Power Pole s S T U V W X V Y W Z’’Ǽǯȱž•—ޛЋ’•’’ŽœȱŠ›ŽœœŽȱ‹¢ȱ–ŠŒ
", ( "  , * ] . ) + % $ &  ( & % – % . Q… g q c i a h g b g h c j ` c k ` c q q p a h g h g j u q p q
’–ȱǯȱŽȱŠ•ǯȱǻŘŖŗŗǼȱœžŽœœȱ‘Šȱ–ŠŒ›˜Ȭ™›ž
ri c h l p g j p h q l ` _ t c h l q t g u n g w c g h p t b go
l a h
˜ž›ȱ–ŽŠœž›Žœȱ˜ȱœ¢œŽ–’Œȱ›’œ”DZ
ŠǼȱ ›’œ”œȱ Ž—Ž›ŠŽȱ ‹¢ȱ œ›˜—ȱ Œ›Ž’ȱ k ` a x l n g h io
` c i p l r i ` p w c h g q q c l b ` po
c p h m j g l p a h Ž
‹Ǽȱ›’œ”œȱŠ›’œ’—ȱ›˜–ȱŽ¡ŒŽœœ’ŸŽȱ•ŽŸŽ›ŠŽȱ g h i l n co
a h q c y _ c h l i c r j c w c ` g k p h k Ž
ŒǼȱœ¢œŽ–’Œȱ•’šž’’¢ȱ›’œ”DzȱŠ—
Ǽȱ›’œ”œȱ›Ž•ŠŽȱ˜ȱ•Š›ŽȱŠ—ȱŸ˜•Š’•ŽȱŒŠ™’
rl g j m j a x q d p ho
j _ i p h k m a ` c p k ho
_ ` ` c ho
u j c h i p h k “ c g j c q l g l co
` p q p q p h l n c e h p l c i f l g l c qx g q i c l c ` t p h c i
su l n c _ h q _ q l g p h g
sj c k ` a x l na mo
` c i p l g h i j c w c ` g k c g h i j c i l a g ` co
c q q p a h dx n po
n x g q c v b a ` l c i l n ` a _ k n a _ l l n c x a ` j i dc q b co
p g j j u p ho
a _ h l ` p c q x n po
n x c ` c m go
rp h k p h l c ` h g j j u g h go o
c j c ` g l c io
` c i p l k ` a x l ng h i _ h q _ q l g p h g
sj c b ` a b c ` l u b ` po
c q z
‹` a x c d
Ž••Ȃ›’ŒŒ’Šǰȱ Š—ȱ Š—ȱ ЋЗЕȱ ŘŖŗŗǼǯȱ •œ˜ǰȱ
›˜ ŽȱŽȱŠ•ǯȱǻŘŖŗŗǼȱ˜ž—ȱ‘Šȱ–˜—ŽŠ›¢ȱ™˜•
rpo
u p q g
sj _ h l p h q l ` _ t c h l l a i c g j x p l n g q q c lb ` po
c q
s_
s sj c q ” a ` g h _ t
sc ` a m ` c j g l c i m p qo
g j b a j po
up h q l ` _ t c h l q z p  c  b ` a b c ` l u l g v c q d l ` g h q go
rl p a h m c c q c lo
 Œ x g q m a _ h i l n g l d g j l n a _ k n l n c ut g u
sc c m m co
l p w c d p h b ` go
l po
c l n c u t p k n lo
` c rg l c i p q l a ` l p a h q g h i g j q a n g w c g j p t p l c i c m m co
l ‹a h q c y _ c h l j u d t go
` a r b ` _ i c h l p g j b a j po
u p h r
œ›ž–Ž—œǰȱœžŒ‘ȱŠœȱ•˜Š—Ȭ˜ȬŸŠ•žŽȱǰȱŠŒŒ˜–
rb g h p c i
su i u h g t po
b ` a w p q p a h p h k b a j po
p c q g ` cl n c t a q l p t b a ` l g h l g h i c m m co
l p w c l a a j q l n g lo
g h j c g i l a i c j c w c ` g k p h k g h io
a h l ` a j l n c ` g b rp i k ` a x l n a m n a _ q c b ` po
c q d _ h ` c j g l c i l a co
a rh a t po
m _ h i g t c h l g j q  ˆ n co
` p q p q p h l n c e h p l c if l g l c q x g q
sg q c i a h b ` a b c ` l u a x h c ` q x p l n g
‘’‘ȱǰȱ ‘’Œ‘ǰȱŠ–’ȱŠ••’—ȱ‘˜žœŽȱ™›’ŒŽœǰȱ i p i h a l x g h l a ` x c ` c _ h g
sj c l a ` c b g u l n c p `i c
sl q a ` l a q g j c l n co
a j j g l c ` g j q  ˆ n p q k c h c ` g l c iŠȱ›ŽžŒ’˜—ȱ’—ȱ‘ŽȱŸŠ•žŽȱ˜ȱ‘ŽȱŠœœŽœȱ‹ŠŒ”Žȱ q co
_ ` p l p c q z ‚ … f Œ d k c h c ` g l p h ko
n g p h c m m co
l q 
ž’Žœȱœ‘˜ ȱ‘Šȱ’—ȱ‘Žȱ—’ŽȱŠŽœǰȱȱ p ho
` c g q c i q p k h p m po
g h l j u
sc m a ` c l n co
` p q p q d l n c
›ŽŠȱ ’ȱ  Šœȱ ‘Žȱ ȱ ‹Ž˜›Žȱ ‘Žȱ ›ŽŠȱ  Ž›Žȱ j a q q c q p ho
_ ` ` c i g m l c ` 
ȱ’œȱŠ•œ˜ȱ›ŽŒ˜—’£Žȱ‘Šȱ›Žœ’Ž—’Š•ȱ›ŽŠ•ȱ c q l g l c p q g h p t b a ` l g h l b ` c q c ` w c ` a m x c g j l n d p mh a l l n c t a q l p t b a ` l g h l m a ` l n c b a b _ j g l p a h
ǻ›˜ ŽǰȱŽ••Ȃ›’ŒŒ’Šǰȱ Š—ȱŠ—ȱЋЗЕȱŘŖŗŗǼǯ

’¢˜Š”’ȱŠ—ȱ˜˜›ŽȱǻŗșșŝǼȱ’—ȱ‘Ž’›ȱ–˜
rc j q n a x c i l n g l ` c g j c q l g l c q b ` a b c ` l p c q d g qo
a j rj g l c ` g j q d g t b j p m u co
a h a t po
m j _o
l _ g l p a h q x n c h
‘Žȱ›ŽŠ•ȱŽœŠŽȱ–Š›”ŽȱŒ¢Œ•Žȱ’œȱŒ˜››Ž•ŠŽȱ ’‘ȱ l n co
` c i p lo
uo
j c  ˆ n c ` c p q l n _ q g l x a r x g ub ` ao
c q q a m g t b j p m po
g l p a h d b ` a b c ` l u b ` po
c q g m rm co
l l n c ` g b p i k ` a x l n a mo
` c i p l i _ ` p h k
sa a t qg h i l n co
` c i p lo
` _ ho
n i _ ` p h k ` co
c q q p a h 
Š–‹Ž›’—’ǰȱŽ—’Œ’—˜ȱŠ—ȱž—£’ȱǻŘŖŗŖǼȱŠ—ȱ
˜–Žœȱ Š—ȱ Ž—’Œ’—˜ȱ ǻŘŖŗŗǼȱ Ž¡™•Š’—œȱ ›Žœ’
ri c h l p g j ` c g j c q l g l c
s_
s sj co
uo
j c l n ` a _ k n t a i r
Ž•œȱ‘ŠȱŠ”Žȱ’—˜ȱŠŒŒ˜ž—ȱ•žŒžŠ’˜—œȱ’—ȱ‘Žȱ b ` a b c ` l u a x h c ` q  c v b co
l g l p a h q g
sa _ l m _ l _ ` ct go
` a co
a h a t po
i c w c j a b t c h l q 
ŠŒ›˜ȱ Ȭȱ ›žŽ—’Š•ȱ ˜›”’—ȱ ›˜ž™ȱ
ŽœŽŠ›Œ‘ȱ Ž ˜›”ȱ ǻǼȱ Œ›ŽŠŽȱ ž—Ž›ȱ
‘Žȱ ž›˜™ŽŠ—ȱ Ž—›Š•ȱ Š—”ȱ ’—ȱ ˜›Ž›ȱ ˜ȱ ’–
rb ` a w c t go
` a r b ` _ i c h l p g j q _ b c ` w p q p a h p h l n c^ e d t c h l p a h c i p h p l q “ c b a ` l a h l n c m p ` q l l x au c g ` q a m l n c t go
` a r b ` _ i c h l p g j ` c q c g `o
n h c l r
 ˜›”ȱ‘Šȱ–˜œȱœž’Žœȱ™›Ž™Š›Žȱ‘’‘•’‘Žȱ l n c ` a j c b j g u c i
su l n c ` c g j c q l g l c b ` po
c q p h l n c
ŽŒ˜—˜–’ŒȱŒ›’œ’œȱ’—ȱ‘Žȱž›˜™ŽŠ—ȱ—’˜—ǯȱ‘Ž›ȱ
œž’Žœȱ™›Ž™Š›Žȱ’—ȱ‘’œȱ ˜›”’—ȱ›˜ž™ȱœž
rk c q l l n g l ` co
c q q p a h q g ` c t a ` c q c w c ` c x n c h
‹Š—”ȱ ’—Š—Œ’—ȱ ™•Š¢œȱ Š—ȱ ’–™˜›Š—ȱ ›˜•Žȱ ’—ȱ o
` p q p q  { a x c w c ` d l n c x g u q a m l ` g h q t p q q p a h a mm p h g ho
p g j p h q l g
sp j p l u g ` c ` c j g l c i l ao
a h q l ` g p h l qp h l n c q _ b b j u g h i i c t g h i m a ` j a g h q d x n po
ng m m co
l q l n c n a _ q c n a j io
a h q _ t b l p a h b j g h q ^ vo
c q q p w co
` c i p l k ` a x l n p q g j q a ` c m j co
l c i

92 Leadership and Strategy in the context of Changing Power Pole s         ’—ȱ ‘Žȱ ‹Š—”œȱ •’Š‹’•’’Žœǰȱ Œ‘Š—’—ȱ ‘Žȱ ž—
rp h k b g l l c ` h  • a ` t g j j uo
a ` c m _ h i p h k p q l n c ` c rl g p j ` c q a _ `o
c q  … _ l l n c u k ` a x p h j p h c x p l n l n cb a b _ j g l p a h  q ` c w c h _ c q 
Šn c h p q ` co
a ` i c i go
` c i p l
sa a t l n c q c ` c q a _ `o
c q g ` c h a l q _ m m po
p c h ll a m p h g ho
c l n co
` c i p l k ` a x l n d q a l n g l a l n c `q a _ `o
c q g ` c g l l ` go
l c i l a q _ b b a ` l j c h i p h k  ‡ ho
a ho
j _ q p a h d l n c m p h g ho
p g jo
uo
j co
g h
sc ` c m j co
l r
Žȱ’—ȱ‘Žȱž—’—ȱœ›žŒž›Žȱǻ‘’—ȱŘŖŗŗǼǯȱ‘’—ȱ
ǻŘŖŗŖǼȱ œžŽœȱ ‘Šȱ ’—ȱ Š’’˜—ȱ ˜ȱ Ž¡ŒŽœœ’ŸŽȱ o
` c i p l k ` a x l n a ` i c w p g l p a h a mo
` c i p l k ` a x l n
` c j g l p w c l a ƒ € „ z … g q c j ‡ ‡ ‡ Œ d x n po
n p h q a t co
a _ h l ` p c qo
g h h a l
sc i c m p h c i x p l n b ` co
p q p a h d p lp q h co
c q q g ` u l ao
g ` c m _ j j u t a h p l a ` l n c j p g
sp j p r
’Žœȱ˜ȱ‹Š—”œǰȱ—Š–Ž•¢ȱ‘Žȱ’—Œ›ŽŠœŽȱ˜ȱ ‘˜•Ž
rq g j c m _ h i p h k ` c j g l p w c l ao
a ` c m _ h i p h k ˆ n c t a q l ` c j c w g h l c v g t b j co
a h q p i r
Ž›Žȱ‹¢ȱ‘’—ȱǻŘŖŗŗǼȱ’œȱ‘ŽȱŽŸ˜•ž’˜—ȱ˜ȱ‘Žȱ’
r
—Š—Œ’—ȱ œ›žŒž›Žȱ ˜ȱ ˜›‘Ž›—ȱ ˜Œ”ȱ ǻ’ž›Žȱ } Œ d x n po
n q n a x q g h go o
c j c ` g l c i k ` a x l n a m
 ‘˜•ŽœŠ•Žȱž—’—ǰȱ ‘’•Žȱ‘Žȱ‹Š—”Ȃȱ•ŽŸŽ›ŠŽȱ p ho
` c g q c i q p k h p m po
g h l j u 
’ǯȱŗDZȱ˜›‘Ž›—ȱ˜Œ”ȱž—’—ȱœ›žŒž›Ž
˜ž›ŒŽDZȱ‘’—ȱ
ǯǰȱŠŒ›˜™›žŽ—’Š•ȱ™˜•’Œ’Žœȱ‹Ž¢˜—ȱŠœŽ•ȱ ǰȱŘŖŗŗ
›˜–ȱ ŗșșȘȱ ˜ȱ ŘŖŖŝǰȱ ‘Žȱ ŠŽȱ ˜ȱ Š••’—ǰȱ
‘Žȱ‹Š—”Ȃȱ‹Š•Š—ŒŽȱœ‘ŽŽȱ’—Œ›ŽŠœŽȱŜǯśȱ’–Žœǰȱ ` c l g p j q a _ `o
c q
sc p h k q _ b b j c t c h l c i x p l nx n a j c q g j c ` c q a _ `o
c q  ˆ n c ` g b p i k ` a x l n a mh a h ro
a ` c m _ h i p h k p h a b c h c t c ` k p h k co
a h a rt p c q ao o
_ ` q g q g ` c q _ j l a m p ho
` c g q c io
g b p l g jm j a x q i c h a t p h g l c i p h m a ` c p k ho
_ ` ` c ho
u  ‚ hp ho
` c g q c p h h a h ro
a ` c j p g
sp j p l p c q p q go o
a t b g rh p c i
su g ` c i _o
l p a h a m l n c i c
sl t g l _ ` p l u 
ȱ  ȱ œž¢ȱ ǻŘŖŗŖǼǰȱ šž˜Žȱ ‹¢ȱ ‘’—ȱ
ǻŘŖŗŗǼǰȱŽœŒ›’‹Žœȱ‘˜ ȱ‹›Š—Œ‘ŽœȱŠ—ȱœž‹œ’’Š›
r
’Žœȱ˜ȱ˜›Ž’—ȱ‹Š—”œȱ’—ȱ‘Žȱȱ‘ŠŸŽȱ‹˜››˜ Žȱ –˜—Ž¢ȱ˜—ȱ’—Ž›‹Š—”ȱ–Š›”Žœǰȱ‘Ž—ȱŒ‘Š——Ž•Žȱ l n c q c m _ h i q l a n c g i y _ g ` l c ` q  … g
sg d ‰o
‹g _ j c u
Š—ȱŠ–Šœ Š–¢ȱǻŘŖŖșǼǰȱ ȱǻŘŖŗŗǼȱŠ—ȱ‘’—ȱ
ǻŘŖŗŘǼȱ˜ž—ȱ‘Šȱ‹Ž˜›Žȱ‘ŽȱŒ›’œ’œȱŠȱ•Š›Žȱ™Š›ȱ
˜ȱ‘ŽȱȱŒŠ™’Š•ȱ–Š›”Žȱ‹˜—œȱ Ž›Žȱ’œœžŽȱ
‹¢ȱž›˜™ŽŠ—ȱ‹Š—”œǯȱ‘Žȱ’ž›ŽȱŘȱ‘’‘•’‘œȱ p h l ` g h c l g q q c l q a m q _
sq p i p g ` p c q g h i q _
sq p i p g ` r
’Žœȱ˜ȱ˜›Ž’—ȱ‹Š—”œȱ’—ȱ‘Žȱǯ

93Leadership and Strategy in the context of Changing Power Pole s S T U V W X V Y W Z
’ǯŘȱŽȱ’—Ž›˜’ŒŽȱŠœœŽœȱ˜ȱ˜›Ž’—ȱ‹Š—”œȱ’—ȱ
˜ž›ŒŽDZȱ›ž—˜ȱǯǰȱ
ǯȱǯȱ‘’—ǰȱœœŽœœ’—ȱŠŒ›˜™›žŽ—’Š•ȱ˜•’Œ’ŽœDZȱŠœŽȱ ȱ
˜›ŽŠǰȱŘŖŗř e q _ g j j u d p h l ` g h c l g q q c l q a m l n c n c g i ry _ g ` l c ` q l a
s` g ho
n c q g ` c h c k g l p w c d q p ho
c l n c ugo
l g q b a p h l q a m k ` g h l p h k j a g h q  { a x c w c ` d p h
‘Žȱ™Ž›’˜ȱŘŖŖŗȱȬȱŘŖŗŗǰȱ‘Ž’›ȱŸ˜•ž–Žȱž›—Žȱ b a q p l p w c d
s` g ho
n c q
sco
a t p h k q a _ `o
c q a m m _ h i r
’—ȱ ˜›ȱ ž›˜™ŽŠ—ȱ ‹Š—”œǯȱ ‘Žȱ —Žȱ ™˜œ’’˜—ȱ a m q _
sq p i p g ` p c q ` c m j co
l q l n c c v l c h l l a x n po
n
ž›˜™ŽŠ—ȱ ‹Š—”œȱ  ’‘ȱ •˜‹Š•ȱ ›Ž™›ŽœŽ—Š’˜—ȱ q _ b b j p c i a l n c ` b g ` l q a m l n c x a ` j i x p l n i a j rj g ` q  ˆ n p q j c w c j p qo
a h q p i c ` c i l a
sc a h c a m l n ct g p h c j c t c h l q a m q _ b b j u b _ q n m go
l a ` k c h c ` rg l c i
su x n a j c q g j c m _ h i p h k 
ˆ n c e f i a j j g ` q n g q b j g u c i g i a t p h g h l` a j c p h p ho
` c g q p h k p h l c ` h g l p a h g jo
g b p l g j m j a x q dg q p l p q n p k n j p k n l c i
su … a ` p a g h i € p q u g l g l
ǻŘŖŗŗǼȱ Š—ȱ ‹œŽ•ȱ ǻŘŖŗŘǼǯȱ —ȱ ‘Žȱ ’ž›Žȱ řȱ g b b c g ` l n c g q q c l q i c h a t p h g l c i p h m a ` c p k ho
_ ` ` c ho
p c q a _ l q p i c l n c q l g l c a m a ` p k p h z l n c w a j r_ t c a m g q q c l q p h e f i a j j g ` q a _ l q p i c l n c e f dl n c w a j _ t c a m g q q c l q p h c _ ` a a _ l q p i c l n c c _ ` ag ` c g c lo
 Œ g h i p l q n a x q l n c ` a j c b j g u c i
su l n ce f i a j j g ` q 
˜ž›ŒŽDZȱ›ž—˜ȱǯǰȱ
ǯȱǯȱ‘’—ǰȱœœŽœœ’—ȱŠŒ›˜™›žŽ—’Š•ȱ˜•’Œ’ŽœDZȱŠœŽȱ ȱ
˜›ŽŠǰȱŘŖŗř ’ǯřȱ˜›Ž’—ȱŒž››Ž—Œ¢ȱŠœœŽœȱŠ—ȱ•’Š‹’•’’Žœȱ˜ȱ ȱ›Ž™˜›’—ȱ‹Š—”œǰȱŒ•Šœ œ’’ŽȱŠŒŒ˜›’—ȱ˜ȱŒž››Ž—Œ¢ȱ

94 Leadership and Strategy in the context of Changing Power Pole s         ’’’ǼǯȱŠŒ›˜Ȭ™›žŽ—’Š•ȱ™˜•’Œ¢ȱ˜˜•œ ‰ go
` a r b ` _ i c h l p g j l a a j q b g j c l l c p q x p i c ˆ n c u x c ` c _ q _ g j j u g b b j p c i l a ` c i _o
c q u q r
Ž–’Œȱ›’œ”ǰȱŽ’‘Ž›ȱ‘Žȱ’–Žȱ’–Ž—œ’˜—ȱ˜›ȱ‘Žȱ
’œ›’‹ž’˜—ȱ ˜ȱ ›’œ”œȱ ’—ȱ ‘Žȱ ’—Š—Œ’Š•ȱ œ¢œŽ–ȱ z ˆ € r l p t c i p t c h q p a h d
‹€ ro
` a q q i p t c h q p a h Œ 
•ŠŽœœŽ—ǰȱ ‘˜œ‘ȱŠ—ȱ’‘ŽȱǻŘŖŗŘǼȱ’Ž—’’ŽȱŠȱ x p i c ` g h k c a m t go
` a r b ` _ i c h l p g j b a j po
u l a a j q dq a t c
sc p h k g b b j p c i t a ` c m ` c y _ c h l j u a ` g q g` c q _ j l a m l n co
` p q p q  { a x c w c ` d ‡ h l c ` h g l p a h g j
˜—ŽŠ›¢ȱž—ȱǻ’–ȱǯȱŽȱŠ•ǯǰȱŘŖŗŗǼǰȱ‹ŠœŽȱ˜—ȱ o
a _ h l ` p c q c v b c ` p c ho
c d m a _ h i l n g l q a t c t go
r` a r b ` _ i c h l p g j b a j po
u p h q l ` _ t c h l q x c ` c t a q lm ` c y _ c h l j u _ q c i d q _o
n g q o
g b q a h l n c j a g h r l a r
ŸŠ•žŽȱ›Š’˜ȱǰȱŒŠ™œȱ˜—ȱ‘ŽȱŽ‹Ȭ˜Ȭ’—Œ˜–Žȱ ` g l p a € ˆ ‡ do
c p j p h k q a ho
` c i p l a `o
` c i p l k ` a x l n d` c q c ` w c ` c y _ p ` c t c h l q do
a _ h l c `o
uo
j po
g jo
g b p rl g j ` c y _ p ` c t c h l q g h i l p t c r w g ` u p h k – i u h g t pob ` a w p q p a h p h k d j p t p l q a h h c l a b c ho
_ ` ` c ho
u b a rq p l p a h q –o
_ ` ` c ho
u t p q t g lo
n g h i j p t p l q a h t g rl _ ` p l u t p q t g lo
n ‰ go
` a r b ` _ i c h l p g j b a j po
u p t b j c t c h l g rl p a h i c b c h i q a h l n c m p h g ho
p g j g h i co
a h a t poi c w c j a b t c h l a m l n co
a _ h l ` u d l n c c vo
n g h k c` g l c ` c k p t c g h i w _ j h c ` g
sp j p l p c q l ao
c ` l g p h p h r
Ž›—Š•ȱ ˜›ȱ Ž¡Ž›—Š•ȱ œ‘˜Œ”œǯȱ ›ŽšžŽ—•¢ǰȱ ‘ŽœŽȱ l a a j q x c ` c _ q c i p ho
a t
sp h g l p a h g l l n c q g t cl p t c a ` l ao
a t b j c t c h l a l n c ` t go
` a co
a h a t pob a j po
p c q  ‚ i † _ q l p h k p h q l ` _ t c h l q go o
a ` i p h k l ai p m m c ` c h l q l g k c q a m l n c co
a h a t po o
uo
j c n g w ct g i c l n c t t a ` c c m m co
l p w c g h io
a h l ` p
s_ l c l aq t a a l n l n c m p h g ho
p g jo
uo
j c q l g k c q ˆ n c p ` c m m co
l q x c ` c c h n g ho
c i x n c h l n c ux c ` c _ q c i l a k c l n c ` x p l n t a h c l g ` u g h i m p q ro
g j b a j po
p c q l n g l b _ ` q _ c i l n c q g t c t go
` aa
s† co
l p w c q e q p h k t _ j l p b j c p h q l ` _ t c h l q n g i l n c g i rw g h l g k c l ao
a w c ` t a ` c g q b co
l q a m l n c q g t c
›’œ”ǰȱ ›ŽžŒ’—ȱ ‘Žȱ ™˜œœ’‹’•’’Žœȱ ˜ȱ Š›‹’›Š
rp h k l n c j p t p l g l p a h q d p ho
` c g q p h k l n _ q l n c c m m p ro
p c ho
u a m l n c p h q l ` _ t c h l  e h p m a ` t a ` l g ` k c l c i
g b b j po
g l p a h a m t go
` a r b ` _ i c h l p g j l a a j q d x n c h
‘Žȱ›’œ”œȱ Ž›Žȱ’Ž—’’Žǰȱ‘Šœȱ’—Œ›ŽŠœŽȱŠŒŒž
r` go
u g h i c m m po
p c ho
u a m l n c q c p h q l ` _ t c h l q f a t c p h q l ` _ t c h l q x c ` c ` _ j c q
sg q c ix n p j c a l n c ` q x c ` c g b b j p c i g l i p qo
` c l p a h { a x c w c ` d l n c ` c g ` c q a t c l a a j q x n c ` c l n c` _ j c q g ` c i p m m po
_ j l l a i c m p h c g h i ` c k _ j g l a ` q
–žœȱ ›Ž–Š’—ȱ ›ŽŽȱ ˜ȱ –Š”Žȱ Œ‘Š—Žœȱ ˜ȱ ‘Ž’›ȱ i p qo
` c l p a h  ˆ n c _ q c a m t go
` a r b ` _ i c h l p g j b a j p ro
u p t b j p c qo
a q l q g h i
sc h c m p l q t _ q l
sco
a h q p i rc ` c i p h ` c j g l p a h l a l n a q co
a q l q  ‡ h g i i p l p a h d l n co
g j p
s` g l p a h t g u
sc i p m m po
_ j l g h io
g h j c g i l ai g t b c h l n c co
a h a t po
k ` a x l n x n c h p l i a c qh a l p t b a q c a ` l ao
` c g l c h c k g l p w c i p q l a ` l p a h q
’—ȱ–Š›”Žœȱ ‘Ž—ȱ‘ŽȱŽ’—’’˜—ȱ˜›ȱ’–™•Ž–Ž—
rl g l p a h q a m l a a j q n g w c i c m po
p c ho
p c q ˆ n c ` c g ` co
c ` l g p h b ` c ` c y _ p q p l c q l n g lt _ q l
sc t c l p h a ` i c ` l a j c g i l a q _o o
c q q m _ jp t b j c t c h l g l p a h a m t go
` a r b ` _ i c h l p g j b a j po
u dh g t c j u l n c c v p q l c ho
c a m g ` p k a ` a _ q ` c k _ j g r
˜›¢ȱ ›Š–Ž ˜›”ǰȱ ‘’‘ȱ šžŠ•’¢ȱ œž™Ž›Ÿ’œ˜›¢ȱ b ` ao
c q q c q g h i c m m co
l p w c t go
` a co
a h a t po
b a j p r
Œ’Žœǯȱ•œ˜ǰȱ‘Žȱ’—œ’ž’˜—Š•ȱ›Š–Ž ˜›”ȱ˜›ȱ‘Žȱ p t b j c t c h l g l p a h a m t go
` a r b ` _ i c h l p g j b a j po
p c qt _ q l
sc g b b ` a b ` p g l c  f a t c p h q l ` _ t c h l q g ` cq c c h g q g m m co
l p h k l n c q _ b b j u a mo
` c i p l d x n p j ca l n c ` qo
g h g m m co
l l n c i c t g h i f a t c t c g q _ ` c q g ` c p h l c h i c i l a
sc l p t cw g ` u p h k d a h q b co
p m po
p h q l p l _ l p a h q a ` w g ` p g
sj c di c b c h i p h k a h l n c h g l p a h g j b a j po
u  ‰ g h u a ml n c t go
` a r b ` _ i c h l p g j l a a j q g ` c l ` g i p l p a h g j p h rq l ` _ t c h l q _ q c i p h t po
` a r b ` _ i c h l p g j q _ b c ` w p rq p a h d
s_ l x n c h l n c u w g ` u p h l p t c t g u q c ` w cl a t go
` a r b ` _ i c h l p g j b a j po
u k a g j q a m ` c i _o
p h kl n c g t b j p l _ i co
uo
j c q 
‹a _ h l ` p c q x n a b g ` l po
p r
™ŠŽȱ’—ȱŠ—ȱ ȱœž›ŸŽ¢ȱǻ’–ȱǯȱŽȱŠ•ǯȱŘŖŗŗǼȱ o
a h m p ` t c i l n g l t go
` a r b ` _ i c h l p g j b a j po
p c q
Š›Žȱ–˜›ŽȱŽŽŒ’ŸŽȱ’—ȱŒ˜—›˜••’—ȱ›’œ”œȱ•’œŽȱ g
sa w c l n g h t a h c l g ` u b a j po
u p h q l ` _ t c h l q g h it a ` c m j c v p
sj c d x p l n j a x c ` p t b j c t c h l g l p a hg h i ` c q b a h q c l p t c q 

95Leadership and Strategy in the context of Changing Power Pole s S T U V W X V Y W Z
‡ l x g q g j q a m a _ h i l n g l c t c ` k p h k co
a h a rt p c q g ` c t a ` co
a ho
c ` h c i x p l n q u q l c t po
j p r
šž’’¢ȱ›’œ”ȱ ‘’•ŽȱŽŸŽ•˜™ŽȱŽŒ˜—˜–’ŽœȱŽ—ȱ
˜ȱžœŽȱ–˜›Žȱ™˜•’Œ’Žœȱ›Ž•ŠŽȱ˜ȱŒ›Ž’ȱ›’œ”ǯ ^ vo
n g h k c ` g l c ` c k p t c g b b c g ` q l a n g w c
Šȱ ”Ž¢ȱ ›˜•Žȱ ’—ȱ ‘Žȱ Œ‘˜’ŒŽȱ ˜ȱ ’—œ›ž–Ž—œǯȱ ‹a _ h l ` p c q x p l n m p v c i c vo
n g h k c ` g l c ` c k p t ca ` g i t p h p q l c ` c i l c h i l a _ q c t a ` c t go
` a r b ` _ ri c h l p g j b a j po
u p h q l ` _ t c h l q q p ho
c l n c c vo
n g h k c` g l c ` c k p t c j p t p l q l n c p t b go
l a m t a h c l g ` ub a j po
u ` g l c  ‡ h q _o
no
a _ h l ` p c q do
` c i p l k ` a x l nl c h i q l a
sc g q q ao
p g l c i x p l n p ho
` c g q c io
g b p l g jm j a x q q p ho
c l n c p t b j p c i c vo
n g h k c ` g l c x g ` r` g h l u go
l q g q g h p ho
c h l p w c m a ` m p h g ho
p g j p h rq l p l _ l p a h q l a p ho
` c g q co
` c i p l q _ b b j u l n ` a _ k nc v l c ` h g j m _ h i p h k  ‰ c g q _ ` c q ` c j g l c i l ao
` c i p l
›’œ”ǰȱœžŒ‘ȱŠœȱȂœȱ•’–’œǰȱŒ›Ž’ȱ›˜ ‘ȱ•’–
rp l q d x c ` c _ q _ g j j u _ q c i
su l n c q co
a _ h l ` p c q l at g h g k c l n c w a j _ t c a m j a g h q x n c h p h l c ` c q l` g l c q x c ` c p h c m m po
p c h l  ˆ n c u g j q a l c h i l a _ q ct c g q _ ` c q m a ` j p y _ p i p l u z p  c  j p t p l p h k l n c h c la b c h m a ` c p k ho
_ ` ` c ho
u b a q p l p a h Œ l a t g h g k c
‘Žȱ›’œ”ȱŠ›’œ’—ȱ›˜–ȱ˜›Ž’—ȱ’—Š—Œ’—ǯȱ‘’œȱ x g q l n co
g q c a m c t c ` k p h k co
a h a t p c q € c b c h i p h k a h l n c a
s† co
l p w c d p h q l ` _ rt c h l q x c ` c k ` a _ b c i p h l a l n ` c co
g l c k a ` p c q dh g t c j u g Œ t c g q _ ` c q˜—ȱŒ›Ž’ȱ›’œ”ȱǻ•˜Š—Ȭ˜ȬŸŠ•žŽȱ
ǰȱŽ‹Ȭ˜Ȭ’—Œ˜–Žȱ ǰȱŒž››Ž—Œ¢ȱŠ—ȱŒ›Ž
rp l j p t p l k ` a x l n Œ Ž
‹Ǽȱ–ŽŠœž›Žœȱ˜—ȱ•’šž’’¢ȱ›’œ”ȱǻ—Žȱ˜™Ž—ȱ m a ` c p k h c vo
n g h k c b a q p l p a h j p t p l –o
_ ` ` c ho
ut p q t g lo
n c q d t g l _ ` p l u t p q t g lo
n c q d t p h p rt _ t ` c q c ` w c ` c y _ p ` c t c h l q d l g v g l p a h a h h a h ro
a ` c m _ h i p h k Œ Žo
Œ t c g q _ ` c q a ho
g b p l g j zo
a _ h l c `o
uo
j po
g jo
g b p l g j
s_ m m c ` q d i u h g t po
b ` a w p q p a h p h k – l p t cw g ` p g
sj c Œ 
ŠǼȱŽŠœž›Žœȱ˜—ȱŒ›Ž’ȱ›’œ”ȱǻ•˜Š—Ȭ˜ȬŸŠ•
r
žŽȱ ǰȱ Ž‹Ȭ˜Ȭ’—Œ˜–Žȱ  ǰȱ Œž››Ž—Œ¢ȱ Š—ȱ o
` c i p l j p t p l k ` a x l n Œ
—_ g h l p l g l p w c ` c q l ` po
l p a h q a h
sa ` ` a x c ` q dp h q l ` _ t c h l q a ` go
l p w p l p c q n g w c t g p h j u m ao
_ q c i
˜—ȱ ›ŽžŒ’—ȱ ‘Žȱ ›Žœ’žŠ•ȱ ›’œ”ȱ ˜ȱ ‹˜››˜ Ž›œȱ
Š—ȱ˜ȱ‘Žȱ›Ž•ŠŽȱŒ˜••ŠŽ›Š•ǰȱȱŠ—ȱ ǯȱ ” c c q g h i j c w c ` g k c c m m co
l qo
g h
sc g b b j p c il a ` c i _o
c l n c c v l c ` h g j p l p c q k c h c ` g l c i
su c v ro
c q q p w co
` c i p l k ` a x l n  ˆ n c uo
g h
sc g j q a _ q c il a j p t p l l n c h a h ro
a ` c m p h g ho
p h k ‡ l l _ ` h c i a _ l l n g l p h c t c ` k p h k co
a h a t p c qq _o
n p h q l ` _ t c h l q x c ` c _ q c i t a ` c p h l c h q p w c j ul n g h p h i c w c j a b c io
a _ h l ` p c q d
sa l n
sc m a ` c g h ig m l c ` l n co
` p q p q  
Šn c h l n c u x c ` c _ q c i d l n c ` cx g q go
j c g ` q l g l c t c h l a m l n c a
s† co
l p w c b _ ` rq _ c i
su l n c g b b j po
g l p a h a m c go
n p h q l ` _ t c h l ˆ n p q x g q
sg q c i a h t go
` a r b ` _ i c h l p g j ` c k _ j g r
˜›¢ȱ ›Š–Ž ˜›”ǰȱ ŽœŠ‹•’œ‘Žȱ ˜ȱ ›ŽžŒŽȱ œ¢œ
r
Ž–’Œȱ ›’œ”ȱ Ž—Ž›ŠŽȱ ‹¢ȱ ‘Žȱ Œ›’œŽœȱ ›ŽŒ˜›Žȱ
Šȱ‘Ž’›ȱ•ŽŸŽ•ȱ’—ȱ‘ŽȱșŖȂǯȱ˜›ȱ‘ŽœŽȱŒ˜ž—›’Žœǰȱ l n c p h q l ` _ t c h l q x c ` c b g ` l a m
s` a g i c ` t go
` a
’—Š—Œ’Š•ȱ ›Žž•Š˜›¢ȱ ›Š–Ž ˜›”œǰȱ  ‘’Œ‘ȱ ’—
ro
j _ i c i l n c p h q l ` _ t c h l a m l n c c vo
n g h k c ` g l c` c k p t c g h i l n co
g b p l g j go o
a _ h l t g h g k c t c h l ‰ g h u p h q l ` _ t c h l q d q _o
n g q j p t p l p h k
Ȃœǰȱ ǰȱȱ•Ž—’—ȱŠ—ȱ›’œ”ȱ Ž’‘’—ȱ˜ȱ g q q c l q x c ` c g b b j p c i l a q b co
p m po
q co
l a ` q a ` m a `o
c ` l g p h l u b c q a m j a g h b a ` l m a j p a q x p l n a _ lo
g _ q rp h k g k c h c ` g j ` c i _o
l p a h p h co
a h a t po
go
l p w p l u f a t co
a _ h l ` p c q n g w c j p t p l c i m a ` c p k ho
_ ` ` c ho
u j c h i p h k d
sco
g _ q c q _o
n j p t p l q i p ` co
l rj uo
a h q l ` g p h l l n c c vo
c q q p w c k ` a x l n a m m a ` c p k ho
_ ` ` c ho
u j c h i p h k p h g x g u l n g l a l n c ` b a j p ro
p c qo
a _ j i h a l i a  ˆ n c q c l a a j q x c ` c k c h c ` g j j u_ q c i p h t a t c h l q x n c h l p k n l c h p h k t a h c l g ` ub a j po
u x g q h a l i c q p ` g
sj c f a t co
a _ h l ` p c q p h ^ g q l c ` h ^ _ ` a b c n g w c
žœŽȱ–ŽŠœž›Žœȱ›Ž•Š’—ȱ˜ȱŒ›Ž’ȱ›’œ”ǰȱœžŒ‘ȱŠœȱ ` c q l ` po
l p h k m a ` c p k ho
_ ` ` c ho
u j c h i p h k l ao
a ` r` co
l l n c c vo
c q q p w c k ` a x l n a mo
` c i p l k c h c ` g l c isu l n c b a q p l p w c m j a x q a mo
g b p l g j  ˆ n c p h q l ` _ rt c h l q n g w c n g i q a t c c m m co
l p h ` c i _o
p h k l n ck ` a x l n ` g l c a m ” ˜ j a g h q
s_ l l n c l a a j q x c ` c

96 Leadership and Strategy in the context of Changing Power Pole s         ŠŽŒŽȱ‹¢ȱ‘Žȱ–’›Š’˜—ȱ˜ȱ—˜—‹Š—”ȱ•Ž—’—ȱ g h i
su l n c i p ` co
l j c h i p h k b c ` m a ` t c i
su l n c
™Š›Ž—ȱ‹Š—”œǯȱ ‚o
a t
sp h g l p a h a m q c w c ` g j p h q l ` _ t c h l qx g q _ q _ g j j u _ q c i x n c h l n co
` c i p lo
uo
j c a w c ` r
•Š™Žȱ‘ŽȱŽŒ˜—˜–’ŒȱŒ¢Œ•ŽȱŠ—ȱ’ȱ ŠœȱŠȱ›’œ”ȱ˜ȱ c vo
c q q p w co
` c i p l k ` a x l n g h i a w c ` n c g l p h k  ‡ hq _o
no
g q c q t go
` a r b ` _ i c h l p g j b a j po
p c q n g w csc c h p t b j c t c h l c i g q b g ` l a m
s` a g i c ` b a j po
p c ql a ` c i _o
c c vo
c q q p w c k ` a x l n p h i c t g h i g h i
‘ŽȱŠŒŒž–ž•Š’˜—ȱ˜ȱœ¢œŽ–’Œȱ›’œ”ǰȱ‘žœȱ‹Ž’—ȱ o
a t b j c t c h l g ` u l a t go
` a co
a h a t po
b a j po
p c q ˆ n c c v b c ` p c ho
c a m t g h uo
a _ h l ` p c qq n a x q l n g l a m l c h p l x g q _ q c i g t p v a m l a a j q
˜ȱ–ЗАŽȱ‘ŽȱœŠ–Žȱ›’œ”ǯȱŠ™œȱ˜—ȱȱŠ—ȱ € ˆ ‡ x c ` c m ` c y _ c h l j u _ q c io
a ho
_ ` ` c h l j u p h a ` ri c ` l a ` c i _o
c ` g b p io
` c i p l k ` a x l n p h l n c ` c g j
ŽœŠŽȱ œŽŒ˜›ǯȱ ’–’Š’˜—œȱ ˜—ȱ ȱ Š—ȱ  ȱ n g w c
sc c h _ q c i m a ` c v g t b j c p ho
a h h co
l p a h
 ’‘ȱ•˜Š—ȱœ’£Žǰȱ‘Žȱ•˜ŒŠ’˜—ȱŠ—ȱ‘ŽȱŸŠ•žŽȱ˜ȱ ` c g j c q l g l co
a j j g l c ` g j z c  k  ‡ h i p g d { a h k ™ a h k d™ a ` c g Œ  ‰ p h p t _ t ` c q c ` w c ` c y _ p ` c t c h l q _ q c im a ` t go
` a r b ` _ i c h l p g j b _ ` b a q c q x c ` c g b rb j p c i i p m m c ` c h l j u d i c b c h i p h k a ho
_ ` ` c ho
u a `i c
sl l u b c d g b b j p c i p h
sg h i q a ` g q g b c `o
c h l rg k c p m g h p ho
` c g q c p h j a g h q c vo
c c i c i go
c ` l g p hl n ` c q n a j i ‡ h t u w p c x d g k a a i c v g t b j c p q ‡ h i p g d
 ‘’Œ‘ȱ Š™™•’Žȱ ’—Ž—œ’ŸŽ•¢ǰȱ œ’—ŒŽȱ ŘŖŖŚǰȱ Šȱ œŽ
r` p c q a m t go
` a r b ` _ i c h l p g j b a j po
p c q d g h i p hb g ` l po
_ j g `o
a _ h l c `o
uo
j po
g j b a j po
p c q p h go o
a ` ri g ho
c x p l n g i † _ q l t c h l q a h t a h c l g ` u b a j po
u ‰ go
` a r b ` _ i c h l p g j b a j po
p c q g p t c i l p t c r w g ` u r
’—ȱ ›’œ”ȱ  Ž’‘’—ȱ ŠœœŽœȱ ǻǼǰȱ ™›˜Ÿ’œ’˜—
rp h k b a j po
p c q m a ` i p m m c ` c h l q co
l a ` q x n c ` c l n c ` cx c ` c ` g b p i p ho
` c g q c q p ho
` c i p l p ho
a h † _ ho
l p a hx p l n ` g b p i p ho
` c g q c q p h g q q c l b ` po
c q g h i j p t p r
Š’˜—œȱ˜ȱȂœȱ’Ž›Ž—’ŠŽȱŽ™Ž—’—ȱ˜—ȱ
•˜Š—ȱ ˜›ȱ Œ˜••ŠŽ›Š•ȱ ŸŠ•žŽǯȱ ’—ŒŽȱ ŘŖŖśȱ —’ŠȂœȱ
ŒŽ—›Š•ȱ ‹Š—”ȱ Š˜™Žȱ Šȱ ’‘Ž›ȱ ™›˜Ÿ’œ’˜—
rp h k b a j po
u m a ` g j j g q q c l q d c vo
c b l m a ` j a g h q l a
f ‰ ^ q g h i l n a q c m a ` g k ` po
_ j l _ ` c  ‡ h g q p v u c g ` qb c ` p a i l n c “
Š‚ w g ` p c i m a ` ` c q p i c h l p g j ` c g j
ŽœŠŽȱŽ¡™˜œž›Žœȱ‹Ž ŽŽ—ȱśŖȬŗŘśƖǰȱŠŒŒ˜–™Š
rh p c i
su g w g ` p g l p a h p h l n c b ` a w p q p a h p h k j c w c j
›˜–ȱŖǰŘśȱ˜ȱŘƖȱǻ‘’‘Ž›ȱ›ŠŽœȱ‹Ž’—ȱŠ™™•’Žȱ a h j a g h q x p l n b ` a t a l p a h g j p h l c ` c q l Œ  f p t p j g „ g l c q g h i j p t p l q x c ` c g b b j p c i a ho
a t t c `o
p g j` c g j c q l g l c c v b a q _ ` c q g h i a h q u q l c t po
g j j u m p r
—Š—Œ’Š•ȱ —˜—Ȭ‹Š—”’—ȱ ’—œ’ž’˜—œǯȱ ‘Žȱ ȱ
 Šœȱ •žŒžŠ’—ȱ Ž™Ž—’—ȱ ˜—ȱ ǰȱ  ‘’Œ‘ȱ x g q q c l i c b c h i p h k a h l n c j a g h w g j _ c d j a x rc ` j p t p l q
sc p h k q c l m a ` j a g h q g
sa w c go
c ` l g p hl n ` c q n a j i  ‚ j l n a _ k n p l x g q h a l g i a b l c i g i u rh g t po
b ` a w p q p a h p h k b a j po
u d t c g q _ ` c q x c ` c
œ’–’•Š›ǰȱ‹Ž’—ȱŒ›ŽŠŽȱŠȱœ˜Œ”ȱ˜ȱ™›˜Ÿ’œ’˜—œȱ˜ȱ sc k ` g i _ g j j u ` c j c g q c i 
‘Žȱ Ȃœȱ •’–’Š’˜—œȱ Ž™Ž—’—ȱ ˜—ȱ j a g h w g j _ c p ho
a h † _ ho
l p a h x p l n i p m m c ` c h l p rg l c i “
Š‚ b ` a w c i l a
sc g h c m m co
l p w c t p v a mp h q l ` _ t c h l q a m t go
` a r b ` _ i c h l p g j b a j po
u 
Š–‹Ž›’—’ȱ Žȱ Š•ǯȱ ǻŘŖŗřǼǰȱ ’—ȱ Šȱ –˜Ž•ȱ Š—Š•¢£
r
’—ȱ›ŽŠ•ȱŽœŠŽȱ–Š›”ŽǰȱŒ˜—œ’Ž›œȱ‘ŠȱŠȱŒ¢Œ•’
r
ŒŠ•ȱȱ‹ŠœŽȱ˜—ȱŒ›Ž’ȱ›˜ ‘ȱ–Š¢ȱœŠ‹’•’£Žȱ l n c co
a h a t u
sc l l c ` l n g h l n c p h l c ` c q l ` g l c 
‹ǼȱŽŠœž›Žœȱ˜—ȱ•’šž’’¢ȱ›’œ”ȱǻ—Žȱ˜™Ž—ȱ m a ` c p k h c vo
n g h k c b a q p l p a h j p t p l –o
_ ` ` c ho
ut p q t g lo
n c q d t g l _ ` p l u t p q t g lo
n c q d t p h p rt _ t ` c q c ` w c ` c y _ p ` c t c h l q Œ
ŽŽ›’Œ˜ǰȱސ‘ȱŠ—ȱž•Ž’—ȱǻŘŖŗŘǼȱ’Ž—
rl p m p c i a h g q g t b j c a m š ~ c t c ` k p h ko
a _ h l ` p c q d
‘Šȱ ŝŚƖȱ ˜ȱ ‘Ž–ȱ žœŽȱ ‘Žȱ –’—’–ž–ȱ ›Ž
rq c ` w c ` c y _ p ` c t c h l q p h go
a _ h l c `o
uo
j po
g j x g u “ c q c ` w c ` c y _ p ` c t c h l qo
g h
sc g b b j p c i
sa l na h i c
sl q d g h i a h q b co
p m po o
j g q q c q a m g q q c l q “ c q c ` w c ` c y _ p ` c t c h l q x c ` c _ q c i p ho
a h h co
r
’˜—ȱ ’‘ȱŒ›Ž’ȱ›’œ”ȱŠ—ȱ•’šž’’¢ȱ›’œ”ȱŠœȱ™Š›ȱ a m t a h c l g ` u b a j po
u d
s_ lo
g h
sc _ q c i l a i c rl c ` t p h c l n c g q q c l t p v a ` g q g l a a j l a ` c i _o
co
uo
j po
g j p l u 
’ŸŽ—ȱ ‘Žȱ œ¢œŽ–’Œȱ •’šž’’¢ȱ ›’œ”ȱ ’—ȱ l p t c q a m ` co
c q q p a h d g q c w p i c ho
c i
su l n c j g q l

97Leadership and Strategy in the context of Changing Power Pole s S T U V W X V Y W Z
o
` p q p q d … g q c j ‡ ‡ ‡ p h l ` a i _o
c i l x a p h i po
g l a ` q l n c
ȱǻ•’šž’’¢ȱŒ˜ŸŽ›ŠŽȱ›Š’˜ǼȱŠ—ȱ‘Žȱȱ z h c l q l g
sj c m _ h i p h k ` g l p a Œ  ˆ n c u x p j j
sc _ q c im a ` t a h p l a ` p h k n p k n j u j p y _ p i g q q c l q h co
c q q g ` ul a t g h g k co
` p q p q q p l _ g l p a h q g h i m p h g ho
p h k
œ›žŒž›Žȱ˜—ȱŠȱ’–Žȱ‘˜›’£˜—ȱ˜ȱ˜—Žȱ¢ŽŠ›ǯ

Š‘–ǰȱ ‘’—ȱ Š—ȱ ‘’—ȱ ǻŘŖŗŗǼȱ œ‘˜ Žȱ l n g l l n c b c `o
c h l g k c a m h a h ro
a ` c m _ h i p h k p hq l g
sj c i c b a q p l q z c q b co
p g j j u h a h ro
a ` c j p g
sp j p l p c ql a m a ` c p k ho
` c i p l a ` q Œ p q a h c a m l n c t a q l ` c j rc w g h l p h i po
g l a ` q a m go
a _ h l ` u  q w _ j h c ` g
sp j p l ul ao
` c i p l g h io
_ ` ` c ho
uo
` p q c q  … ` _ h a g h i f n p h
ǻŘŖŗŗǼȱ’Ž—’’Žȱ‘Šȱ‘Žȱ•˜‹Š•ȱœž™™•¢ȱ™žœ‘ȱ p q i c l c ` t p h g h l m a ` p h l c ` h g l p a h g jo
g b p l g j m j a x q ‡ h t u a b p h p a h d g k a a i c v g t b j c p q l n c
ŒŠœŽȱ ˜ȱ
˜›ŽŠǰȱ  ‘’Œ‘ȱ œ’—ŒŽȱ ŘŖŗŖȱ ‘Šœȱ ’–™•Ž
rt c h l c i g q c l a m l a a j q l n g l l g ` k c l c i l n c j p r
Š‹’•’’Žœȱ ˜ȱ ‹Š—”œǰȱ Š—ȱ ‘žœȱ ‘Žȱ ™ŠŽ›—ȱ ˜ȱ m _ h i p h k  ™ a ` c g x g q g m m co
l c i
su l n c j p y _ p i p l u
 ’‘›Š Š•ȱ˜ȱ˜›Ž’—ȱ‹Š—”œȱ’—ȱ‘Žȱ˜–Žœ’Œȱ
–Š›”Žǰȱ ’ŸŽ—ȱ ‘Šȱ ’—ȱ ™›ŽŸ’˜žœȱ ™Ž›’˜œȱ  Šœȱ ` co
a ` i c i g h go o
c j c ` g l c i k ` a x l n a mo
` c i p l _ h rq _ b b a ` l c i c y _ g j j u
su i a t c q l po
q g w p h k q ˆ n c g p t x g q l a ` c i _o
c b ` a ro
uo
j po
g j p l u
’—ȱ ‹Š—”’—ȱ œ¢œŽ–ȱ ‹¢ȱ ›ŽžŒ’—ȱ ‘Žȱ  ‘˜•Ž
rq g j c m _ h i p h k d h g t c j u l n co
` a q q
sa ` i c ` p h r
Ž›‹Š—”ȱ•’Š‹’•’’Žœǰȱ‘Žȱ—˜ȬŒ˜›Žȱž—’—ȱǻ—˜ȱ a
sl g p h c i m ` a t i a t c q l po
q g w c ` q d t g p h j u m ` a tn a _ q c n a j i q Œ ˆ n c ™ a ` c g h g _ l n a ` p l p c q p h l ` a i _o
c i gh a h ro
a ` c j p g
sp j p l p c q j c w u l a j p t p l h a h ro
a ` c j p r
Š‹’•’’Žœȱ ˜ȱ ‹Š—”œǰȱ Š™™•’Žȱ ˜ȱ ‘Žȱ Š–˜ž—ȱ ˜ȱ
˜›Ž’—ȱŒž››Ž—Œ¢ȱŽ‹ȱ˜ȱ‘Žȱ‹Š—”’—ȱœ¢œŽ–ǯȱ ‚ m l c ` l n c j c w u p t b j c t c h l g l p a h d … ` _ h a
Š—ȱ ‘’—ȱ ǻŘŖŗřǼȱ ޡЖ’—Žȱ ‘Žȱ ŽŸ˜•ž’˜—ȱ ˜ȱ
‘Žȱ
˜›ŽŠ—ȱ‹Š—”’—ȱœ¢œŽ–ǰȱŒ˜–™Š›Žȱ ’‘ȱ g k ` a _ b a m m p w c j g ` k co
a _ h l ` p c q p h l n c ` c k p a hz ‡ h i a h c q p g d ‰ g j g u q p g d „ n p j p b b p h c q d ˆ n g p j g h ig h i › p c l h g t Œ d i c t a h q l ` g l p h k l n c b a q p l p w c c m rm co
l a m g b b j u p h k l n c h a h ro
a ` c j p g
sp j p l p c q j c w u d™ a ` c g  w _ j h c ` g
sp j p l u l ao
` p q p q
sc p h k ` c i _o
c i 
ˆ n c p h q l ` _ t c h l q _ q c i
su l n c ™ a ` c g hg _ l n a ` p l p c q a h i c
sl q a l n c ` l n g h
sg q po
i c rb a q p l q g ` c i p q l p ho
l p w c d go
l p h k i p ` co
l j u a h l n c
‹Š—”œȱŒ˜œȱ˜ȱž—’—ǰȱž—•’”Žȱ‘ŽȱŒŠ™’Š•ȱ’—
rq l ` _ t c h l q a ` l n a q c g b b j p c i l ao
a h l ` a jo
` c i p l
›˜ ‘ǰȱœžŒ‘ȱŠœȱŒŠ™œȱ˜—ȱȱ˜›ȱ ǯȱžŒ‘ȱŠ—ȱ g b b ` a go
n n g q
s` a g i c h c i t go
` a r b ` _ i c h l p g j
™˜•’Œ¢ȱ˜˜•”’ǯȱ‘Žȱœž¢ȱ˜ȱ›ž—˜ȱŠ—ȱ‘’—ȱ
ǻŘŖŗřǼȱ ˜—ȱ
˜›ŽŠȂœȱ ŽŸ˜•ž’˜—ȱ Œ˜—’›–œȱ ˜›’˜ȱ
Š—ȱ ’œ¢ŠŠȱ ǻŘŖŗŗǼǰȱ ‹œŽ•ȱ ǻŘŖŗŘǼȱ Š—ȱ
˜ž›’—Œ‘Šœȱ Š—ȱ ‹œŽ•ȱ ǻŘŖŗŘǼȱ œž’Žœȱ ˜—ȱ l n c p t b a ` l g ho
c a mo
` a q q r
sa ` i c `o
g b p l g j m j a x qp h i c l c ` t p h p h k l n c m p h g ho
p g jo
a h i p l p a h a m h g rl p a h q d p h q b co
p g j l n c m j a x q p h l c ` t c i p g l c i
su
‘Žȱ‹Š—”’—ȱœŽŒ˜›ǯ
—ȱ –¢ȱ Ÿ’Ž ǰȱ ‘’œȱ ”’—ȱ ˜ȱ •ŽŸ¢ȱ ˜—ȱ —˜—Ȭ o
a ` c j p g
sp j p l p c qo
g h
sc c v b j a ` c i p h a l n c ` x g u q ‡ lo
g h
sc g b b j p c i g q g j p t p l g l p a h a h t g l _ r` p l u d j p t p l p h k l n c q n a ` l l c ` t m _ h i p h k d ` g l n c `l n g h p t b a q p h k j c w p c q a h q n a ` l l c ` t h a h ro
a ` c
ž—’—ǯȱŠ”’—ȱ’—˜ȱŠŒŒ˜ž—ȱ‘ŠȱŽ–Ž›’—ȱ co
a h a t p c q i c b c h i a ho
g b p l g j m j a x q p h t u
˜™’—’˜—ǰȱ’œȱ‹ŽŽ›ȱ˜ȱ•Žȱ‘Žȱ–Š›”Žœȱ˜ȱœŽȱ‘Žȱ o
a q l m a ` c v l c h i p h k l n c t g l _ ` p l u a m m _ h i q d g h ih a l l ao
g b l n c m _ h i q g w g p j g
sj c p h l n c co
a h a rt u  ‡ h t u w p c x d q p ho
c l n c p q q _ c p q l n c q n a ` ll c ` t m _ h i p h k d g h i h a l l n c j c w c j a m m _ h i p h k dl n c m p ` q l t _ q l
sc m p v c i  ˆ n p q p l p q
sc h c m po
p g j
‹˜‘ȱ ˜›ȱ ‘Žȱ •˜ŒŠ•ȱ ‹Š—”’—ȱ œ¢œŽ–ǰȱ Š—ȱ ˜›ȱ
‘Žȱ•˜‹Š•ȱ‹Š—”’—ȱ›˜ž™œǯȱ˜ŒŠ•ȱ‹Š—”œȱ–Š¢ȱ n g w c go o
c q q l a m _ h i q l a m p h g ho
c l n c ` c g j co
a h ra t u d x n p j c l n c k j a
sg j j c h i c ` q t g u n g w c q g m cb j go
c t c h l q d a h j a h k l c ` t d p h c t c ` k p h k co
a h ra t p c q d x n po
no
g h b ` a w p i c k a a i u p c j i q o
Œ ‰ c g q _ ` c q a ho
g b p l g j zo
a _ h l c `o
uo
j po
g jo
g b p l g j
s_ m m c ` q d i u h g t po
b ` a w p q p a h p h k – l p t cw g ` u p h k Œ‚ m l c ` l n c co
a h a t po o
` p q p q q l g ` l c i ` c k _ j g r
˜›œȱ‘ŠŸŽȱ›ŽŠ•’£Žȱ‘Žȱ’–™˜›Š—ŒŽȱ˜ȱ‹ž’•’—ȱ _ bo
g b p l g j
s_ m m c ` q l a
sc _ q c i p h ` co
c q q p a h g h i

98 Leadership and Strategy in the context of Changing Power Pole s         
l n _ q n c j b p h k t g p h l g p h p h k l n c g w g p j g
sp j p l u a mo
` c i p l  ‚ h a l n c ` c m m co
l a m l n p q a
s† co
l p w c p q ` c ri _o
p h ko
` c i p l k ` a x l n d g h i n c ho
c l n c
sa a t qm p h g ho
c i
suo
` c i p l d k p w c h l n c p ho
` c g q c p ho
` c i rp lo
a q l q ‹g b p l g j g h i b ` a w p q p a h p h k ` c y _ p ` c t c h l qt g u ` c i _o
c l n c g t b j p l _ i co
uo
j c q d
s_ l g ` c p h rl c h i c i b ` p t g ` p j u l a p ho
` c g q c l n c q u q l c t ` c rq p j p c ho
c z … g q c j ‡ ‡ ‡ p t b a q c io
a _ h l c `o
uo
j po
g jo
g b p l g j ` c y _ p ` c t c h l q x n p j co
` c i p l c v b g h q p a h
˜›ȱ ˜‘Ž›ȱ ’—’ŒŠ˜›œȱ œ’—Š•œȱ Šȱ ™Ž›’˜ȱ ˜ȱ ›’œ”œȱ go o
_ t _ j g l p a h Œ  ˆ n _ q d l n c t p h p t _ t j c w c j a m
˜ —ȱž—œȱ˜ȱ‹Š—”œȱ ’••ȱ•žŒžŠŽȱŽ™Ž—’—ȱ a h l n c b a q p l p a h a m l n co
uo
j c d p ho
` c g q p h k i _ ` rp h k b c ` p a i q a m c v _
sc ` g ho
c g h i i co
` c g q p h ki _ ` p h k i a x h l _ ` h q  ‚ j q a d … g q c j ‡ ‡ ‡ p h l ` a i _o
c ig j c w c ` g k c ` g l p a g h i go
g b p l g j q _ `o
n g ` k c a hq u q l c t po
g j j u p t b a ` l g h l m p h g ho
p g j p h q l p l _ l p a h ql a ` c i _o
c l n c c v l c ` h g j p l p c q k c h c ` g l c i
su l n cp h l c `o
a h h co
l p a h a m l n c q c p h q l p l _ l p a h q 
—Š•¢£’—ȱ‘Žȱ–ŠŒ›˜ȱŒ˜–™˜—Ž—ȱ’—›˜
ri _o
c i
su … g q c j ‡ ‡ ‡ d p lo
g h
sc g ` k _ c i l n g l p h ro
` c g q p h k l n co
g b p l g j ` c y _ p ` c t c h l q t g u j c g i
˜ȱ‘Žȱ›Š—œŽ›ȱ˜ȱ›’œ”œȱ˜ȱž—›Žž•ŠŽȱœŽŒ˜›œǯȱ ˆ n c h c x j p y _ p i p l u q l g h i g ` i q t g u q l p t _ j g l cl n c b _
sj po
q co
l a ` m p h g ho
p h k g l l n c c v b c h q ca m co
a h a t po
q co
l a ` q g h i p h i p w p i _ g j q g h ib ` a t a l c q l n c i p ` co
l m _ h i p h k a mo
a t b g h p c q
‘›˜ž‘ȱ‘ŽȱŒŠ™’Š•ȱ–Š›”ŽȱŠ—ȱ—˜ȱ‘›˜ž‘ȱ
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ŗŖǯȲ
¾ ¹ Ð ³ ² ³ ° ¹ µ ¾ ËǻŘŖŖŚǼǯȱ ȃ‘Žȱ›ŽŠȱ–˜Ž›Š’˜—Ȅ § Ñ ¬ ¢ ¢ Ø ¿ Ù Ä Ç ¢ Æ ¥ © © ¿ ¢  ¢ ¢ © Ä Æ Ù Ñ ­ ă © ¿ ¢ × ¥ Ñ © ¢ ¤ Æ × Ø ­ Æ ­ Â Ä Ø Ú Ñ È
œ˜Œ’Š’˜—ǰȱŠœ‘’—˜—ȱǰȱŽ‹›žŠ›¢ȱŘŖǰȱŘŖŖŚǯ
ŗŗǯȲ
¾ ¹ Ð ³ ² ³ ° ¹ µ ¾ Ë µ ² ³ ¸ Ô Ë ș ¹ Ð Í · ¹ ÐȱǻŗșșșǼǯ ȱȃ˜—ŽŠ›¢ȱ˜•’Œ¢ȱŠ—ȱœœŽȱ›’ŒŽȱ˜•Š’•’¢Ȅ § Ä Æ Û ¢ Ü À ¿ ¥ ¦ ¦ ¢ Æ Ù ¢ Ñ ă ­ ¤Ý­ Æ ¢ © ¥ ¤ Ò Ó ­ ¦ Ä Ø Ò § ¡ ¢ £ ¢ ¤ ¥ ¦ « ¢ Ñ ¢ ¤ Ç ¢ ­ ă Ț ¥ Æ Ñ ¥ Ñ À Ä © Ò É
ŗŘǯȲ
¾ ¹ Ð ³ ² ³ ° ¹ µ ¾ ËǰȱŗșȘřǰ ȱ˜—–˜—ŽŠ›¢ȱŽŽŒœȱ˜ȱ‘Žȱ’—Š—Œ’Š•ȱŒ›’œ’œȱ’—ȱ‘Žȱ™›˜™ŠŠ’˜ —ȱ˜ȱ‘Žȱ›ŽŠȱŽ™›Žœœ’˜—ǰ Ú Â ¢ ¤ Ä È
ŒŠ—ȱŒ˜—˜–’ŒȱŽŸ’Ž ȱŝřǰȱŘśŝȬŘŝŜǯȱ
ŗřǯȲ
¾ ¹ Ð ³ ² ³ ° ¹ µ ¾ Ë µȱŘŖŖșǰȱ ‘Žȱ›’œ’œȱŠ—ȱ‘Žȱ˜•’Œ¢ȱŽœ™˜—œŽ ǰȱŠ–™ȱŽŒž›Žȱ˜—˜—ȱŒ‘˜˜•ȱ˜ȱŒ˜—˜–’Œœǯ ›’œ”œȱ Œ˜ŸŽ›ŠŽǰȱ ’ȱ ‘Žȱ ™›˜‹Š‹’•’¢ȱ ˜ȱ ŽŠž•ȱ
Šȱ‘Žȱ‹Š—”’—ȱœ¢œŽ–ȱ•ŽŸŽ•ȱ’œȱŠŽšžŠŽ•¢ȱŽœ
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c p l p q i p m m po
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su b ` a ri _o
l p w p l u g h i l co
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ž–Š—ȱ Žœ˜ž›ŒŽœȱ
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ȦŗśșȦŗǯśȦȦŗřŜŖŝŝǯ

101Leadership and Strategy in the context of Changing Power Pole s S T U V W X V Y W ZŗŚǯȲ
¾ ¹ Ð ³ ² ³ ° ¹ µ ¾ Ë µŘŖŗŗǰȱ á â ã ä å â æ ã ç è â æ é ê æ ë ç ã æ é ì é è í î æ â ï ã ð ä ñ ä ã ò å â ã è ó æ ô ä õ î î ä ã î ç â ã ð ä ö â ç ã ä ï ó ã æ ã ä î ÷ ø Æ © ¢ ¤ Æ ¥ È
’˜—Š•ȱ’—Š—ŒŽȱ’œŒžœœ’˜—ȱЙޛȱŗŖŗŚǰȱ˜Š›ȱ˜ȱ ˜ŸŽ›—˜›œȱ˜ȱ‘ŽȱŽŽ›Š•ȱŽœŽ›ŸŽȱ¢œŽ–ǯ
ŗśǯȲ
¾ ¹ Ð ³ ² ³ ° ¹ µ ¾ Ë µ ² ³ ¸ Ì ² Ð ² ù Ë Ê ½ ú ³ µȱŗșșŗǰȱ ‘Žȱ›Ž’ȱ›ž—Œ‘ ǰȱ›˜˜”’—œȱЙޛœȱ˜—ȱŒ˜—˜–’ŒȱŒ’Ÿ’¢ǯ
ŗŜǯȲ
¾ ¹ Ð ³ ² ³ ° ¹ µ ¾ Ë µ ² ³ ¸ Ô ² Ð ° ș ¹ Ð Í · ¹ Ð µȱ ŗșȘșǰȱ Ž—Œ¢ȱ ˜œœǰȱ Žȱ ˜›‘ǰȱ Š—ȱ žœ’—Žœœȱ •žŒžŠ’˜—œ § Ú Â ¢ ¤ Ä Ø ¥ Æ
Œ˜—˜–’ŒȱŽŸ’Ž ȱŝșǯ
ŗŝǯȲ
¾ · ² ³ û Õ ² Ð ¸ µ ü Ë µ șÉ
´ ¹ · · ý ® Ð ¯ û û ¯ ² ² ³ ¸ ț Ë Ô ² ÿ Ð ½ȱǻŘŖŗŖǼǯ ȱȃŽ‘’—”’—ȱ–ŠŒ›˜ŽŒ˜—˜–’Œȱ™˜•’Œ¢Ȅ § ø
Ý¡ ¨ © ¥ ă ă Ó ­ Ñ Ä È
’˜—ȱ˜ŽǰȱŗŖȦŖřǯ
ŗȘǯȲ˜•˜—ǰȱǯȱŠ—ȱǯȱ›Ž’¡Šœ ȱǻŘŖŖŜǼDZȱ ê è å ë è å æ ã ä ì ç â æ â
ä æ â ï ã ð ä  è â ä ã æ å  ã å æ â î  ç î î ç è â  ä
ð æ â ç î  ÷  « ¢ Ç Ä ¢ Ü ­ ă
’—Š—Œ’Š•ȱž’ŽœȱŗșǻřǼǯ
ŗșǯȲ˜›˜ǰȱǯȱǯǰȱǯȱ ǯȱžŽ”Ž›ȱŠ—ȱǯȱǯȱ‘ŽŽ•˜Œ”ȱ ǻŘŖŖŖǼǯȱ ›ŽŠŽȱ›’ŒŽȱ‘˜Œ”œȱŠ—ȱ’—Š—Œ’Š•ȱ —œŠ‹’•’¢DZȱȱ ç î ã è å ç
æ é õ â æ é  î ç îǰȱȱ˜›”’—ȱЙޛȱŝŜśŘǰȱ™›’•ǯ
ŘŖǯȲ
¾ ½ Ð ¸ ½ µ Ô Ë ´ Ë µ ² ³ ¸ Ì Ë Ô Ë Ô ¹ ¯ ¼ ¼ ³ ¹ Ð µȱŘŖŗŘǰ ȱ˜Žœȱ’—ŽšžŠ•’¢ȱ•ŽŠȱ˜ȱŠȱ’—Š—Œ’Š•ȱ›’œ’œ ǰȱ˜›”’—ȱЙޛȱŗŝȘșŜǰȱ Û ¥ © Ä ­ Æ ¥ ¦  Á ¤ ¢ ¥ Á ­ ă × Ø ­ Æ ­ Â Ä Ø « ¢ Ñ ¢ ¥ ¤ Ø ¿ É
ŘŗǯȲ
¾ ½ Ð   µ Ì · ¹ Ð û µ
¹ ³ ³ ¹ țǯȱŘŖŖșǯ ȱȁ œœŽȬ™›’ŒŽȱ‹˜˜–Ȭ‹žœȱŒ¢Œ•ŽœȱŠ—ȱŒ›Ž’DZȱ ‘Šȱ’œȱ‘ŽȱœŒ˜™Žȱ˜ȱ–Š Œ›˜™›žŽ—Ȭ
’Š•ȱ›Žž•Š’˜—Ȃ ǰȱŠ—šžŽȱŽȱ›Š—ŒŽȱ˜›”’—ȱЙޛȱ˜ȱŘŜřǯ
ŘŘǯȲ
¾ ½ Ð ¯ ½ µ Ì ËȱǻŘŖŖșǼǯȱ ŽȱŠ›ŽȱŠ••ȱ–ŠŒ›˜™›žŽ—’Š•’œœȱ—˜  É
ŘřǯȲ
¾ ½ Ð ¯ ½ Ì Ë µ Î ÿ Ð
¯ ³ ¹ Ì Ë µ Ê ½ ú ¹ țÉ §›˜Œ¢Œ•’ŒŠ•’¢ȱ˜ȱ‘Žȱ’—Š—Œ’Š•ȱ¢œŽ–ȱŠ—ȱ’—Š—Œ’Š•ȱŠ‹’•’ ¢DZȱ œœžŽœȱŠ—ȱ˜•’Œ¢ȱ ë ã ç è â îǰȱ ȱЙޛœǰȱ—ǚȱŗǰȱŠ›Œ‘ǰȱŘŖŖŗǯȱ
ŘŚǯȲ
¾ ½ Ð ¯ ½ Ì Ë§ȱ –™•Ž–Ž—’—ȱŠȱ–ŠŒ›˜™›žŽ—’Š•ȱ›Š–Ž ˜›”DZȱ‹•Ž—’—ȱ‹˜•—ŽœœȱŠ —ȱ›ŽŠ•’œ– É À ¥ ¬ Ä © ¥ ¦ Ä Ñ Â ¥ Æ £ ¨ ­ Ø Ä ¢ © Ò
ŜǻŗǼȱŘŖŗŗǯ
ŘśǯȲ
¾ ½ Ð ¯ ½ Ì µ Ê ½ ú ¹ ț Ëȱ ŘŖŖŘǯȱ ȁ œœŽȱ ™›’ŒŽœǰȱ ’—Š—Œ’Š•ȱ Š—ȱ –˜—ŽŠ›¢ȱ œŠ‹’•’¢DZȱ Ž¡™•˜›’—ȱ ‘Žȱ —Ž¡ž œȂ ǰȱ  ȱ ˜›”’—ȱ Ó ¥ ¬ ¢ ¤ Û ­ É    É
ŘŜǯȲ
¾ ½ Ð ¯ ½ Ì Ë µ ù Õ ¯ ±  ˧‘ŠȱŒŠ—ȱǻŠŒ›˜ȬǼȱ™›žŽ—’Š•ȱ™˜•’Œ¢ȱ˜ȱ˜ȱœž™™˜›ȱ–˜—ŽŠ›¢ȱ™˜•’Œ¢ǵ ǰȱ ȱ˜›”’—ȱЙޛœǰȱ
—ǚȱŘŚŘǰȱŽŒŽ–‹Ž›ǰȱŘŖŖŝǯȱ
ŘŝǯȲ˜›’˜ǰȱǯȱŠ—ȱ
ǯȱ‘ž ȱǻŘŖŖȘǼDZ ȱȃŠ™’Š•ȱ›Žž•Š’˜—ǰȱ›’œ”ȬŠ”’—ȱŠ—ȱ–˜—ŽŠ›¢ȱ™˜•’Œ¢DZȱŠȱ–’œœ’—ȱ•’—”ȱ’— ȱ‘Žȱ›Š—œȬ
–’œœ’˜—ȱ–ŽŒ‘Š—’œ–ǵȄ ȱ ȱ˜›”’—ȱЙޛœȱ˜ȱŘŜȘǯȱ
ŘȘǯȲ
¾ ½ Ð ¯ ½ µ Ì Ë µ ² ³ ¸ ® Ë Ì Ð ½ û ° ¹ Í ÍȱǻŘŖŖŖǼǯȱ ȃ —ȱœŽŠ›Œ‘ȱ˜ȱŠ—Œ‘˜›œȱ˜›ȱ’—Š—Œ’Š•ȱŠ—ȱ–˜—ŽŠ›¢ȱœŠ‹’•’¢Ȅǰ ȱ ›ŽŽ”ȱŒ˜—˜–’Œȱ
ŽŸ’Ž ǰȱŘŖǻŘǼǯȱ
ŘșǯȲ
¾ ½ Ð ¯ ½ µ Ì Ë µ ² ³ ¸ ț Ë Ê ½ ú ¹ǻŘŖŖŘǼǯȱ ȃ œœŽœœ’—ȱ‘Žȱ›’œ”ȱ˜ȱ‹Š—”’—ȱŒ›’œŽœȄ ǰȱ ȱžŠ›Ž›•¢ȱŽŸ’Ž ǰȱŽŒŽ–‹Ž›ȱŘŖŖŚǯȱ
ŽŒž›’—ȱœžœŠ’—Š‹•Žȱ™›’ŒŽȱœŠ‹’•’¢ǯȱ‘˜ž•ȱŒ›Ž’ȱŒ˜–Žȱ‹ŠŒ”ȱ›˜–ȱ‘Žȱ ’•Ž›—Žœœǰȱ ȱ˜›”’—ȱ Йޛœǰȱ Æ ­ É    É
řŖǯȲ
¾ ½ Ð ¯ ½ µ Ì ËǰȱŘŖŖřǰȱ ˜ Š›œȱŠȱŠŒ›˜™›žŽ—’Š•ȱ›Š–Ž ˜›”ȱ˜›ȱ’—Š—Œ’Š•ȱž™Ž› Ÿ’œ’˜—ȱŠ—ȱސž•Š’˜— § À × ¨ Ä ă ­ × Ø ­ È
—˜–’Œȱž’ŽœȱŚșǯ
řŗǯȲ
¾ Ð ÿ ³ ³ ¹ Ð ± ¹ ¯ ¹ Ð µ Ô µ ® Ì Ð ½ û ° ¹ Í Í µ Ì ș ½ ½ ¸ Õ ² Ð Í µ ® ț ¹ Ð ¼ ² ÿ ¸ ² ³ ¸ ¶ ù Õ ¯ ³ȱǻŘŖŖșǼǰȱ ‘Žȱž—Š–Ž—Š•ȱ›’—Œ’™•Žœȱ˜ȱ
’—Š—Œ’Š•ȱސž•Š’˜—DZȱŗŗ‘ȱ Ž—ŽŸŠȱŽ™˜›ȱ˜—ȱ‘Žȱ˜›•ȱŒ˜—˜–¢ ǰȱǰȱ˜—˜—ǯ
řŘǯȲ
¾ Ð ÿ ³ ½ Ë µ ¶  ÿ ³ ù ½ ³  ù Õ ¯ ³˜›”’—ȱЙޛȱŗșŖȘŚǰȱœœŽœœ’—ȱŠŒ›˜™›žŽ—’Š•ȱ˜•’Œ’ŽœDZȱŠœŽȱȱ
˜›ŽŠǰȱ Û ¥ È
’˜—Š•ȱž›ŽŠžȱȱŒ˜—˜–’ŒȱŽœŽŠ›Œ‘ȱŗŖśŖǰȱŠ¢ȱŘŖŗřǯ
řřǯȲ
¾ Ð  ½  ² ¾ Ð  ¹  ¯ ³ ² Ô Ë µ Ô Ë  ½ · ² ¼ ² µ  Ë Ô ² ° ² Ð ¼ ° ɘ›”’—ȱЙޛȱŽ›’Žœȱ—˜ȱŗśȘșȦŽ™Ž–‹Ž›ȱŘŖŗřǯȱŠŒ›˜™›žȬ
Ž—’Š•ȱ˜•’Œ¢ȱ’—œ›ž–Ž—œȱŠ—ȱŽŒ˜—˜–’Œȱ’–‹Š•Š—ŒŽœȱ’—ȱ‘ŽȱŽž›˜ȱŠ›ŽŠǯ
řŚǯȲŠ•˜–’›’œǰȱǯȱǯǰ ЗА’—ȱ‘Žȱ›’œ”œȱ˜ȱ‘Žȱ—Ž ȱ–ŠŒ›˜Ȭ™›žŽ—’Š•ȱ™˜•’Œ¢ȱ›Ž’–Žǰ À ­ ¦ Á Â Ã Ä ¥  Á Ñ Ä Æ ¢ Ñ Ñ ¨ Ø ¿ ­ ­ ¦ §ø Æ © ¢ ¤ Æ ¥ © Ä ­ Æ ¥ ¦
Ý­ Æ ¢ © ¥ ¤ Ò ¡ Á Æ £ É

102 Leadership and Strategy in the context of Changing Power Pole s         řśǯȲ•ŠŽœœŽ—œȱǰȱ
˜œŽȱǰȱŽ››˜—Žœȱ ǯȱŘŖŗŗǯ ȱȁ
˜ ȱ˜ȱ‹žœ’—ŽœœȱŠ—ȱ’—Š—Œ’Š•ȱŒ¢Œ•Žœȱ’—Ž›ŠŒǵȂ ǰȱ ȱ˜›”’—ȱ
ЙޛȱŗŗȦȘȘǯȱ˜––’ŽŽȱ˜—ȱ‘Žȱ •˜‹Š•ȱ’—Š—Œ’Š•ȱ¢œŽ–ǯȱŘŖŗŖǯȱȁŠŒ›˜™›žŽ—’Š•ȱ’—œ›ž–Ž—œȱŠ—ȱ›Š–Ž È
 ˜›”œDZȱŠȱœ˜Œ”Š”’—ȱ˜ȱ’œœžŽœȱŠ—ȱŽ¡™Ž›’Ž—ŒŽœȂǰȱ ȱž‹•’ŒŠ’˜—œȱ—˜ǯȱřȘǯ
řŜǯȲ
Ì ¹ Ð ³ ² ù Ë µ’—’›ŽŠȱ’—•Š’Ž’DZȱž—ȱ‹’•Š—ȱ™›˜Ÿ’£˜›’ž ǰȱž’’ȱ’—Š—Œ’Š›Žǰȱ—ž•ȱ ȱȮȱŽ›’Žȱ—˜žŠȮȱ˜•ǯŘȱǻŚȘǼȦŘŖŗŖDzȱ
›’£Šȱœ’ȱ›ŽŽ’—’›ŽŠȱ›˜•ž•ž’ȱ‹Š—Œ’•˜›ȱŒŽ—›Š•ŽǰȱŽŒ˜—˜–’ŒŠǰȱŚǰȱŘŖŗŖǯȱ˜•’’ŒŠȱ–˜—ŽŠ›©ȱɗȱŽ™˜ŒŠȱ™˜œŒ›’£©ǯ
řŝǯȲ
Ì ½ ¼ Í ¹ ¯ ÿ µ ® Ë ² ³ ¸ » ¹ ²  ÿ µ ÎǯǰȱŘŖŗřǯȱ ›’’—ȱ‘Žȱ‹Š—”’—ȱœŽŒ˜›ȱ ’‘ȱ‘Žȱ›ŽŠ•ȱŽŒ˜—˜–¢ǯȱȱ’—Š—Œ’Š•ȱœ Š‹’•’¢ȱ™Ž›Ȭî ë ä
ã ç  äǰȱȱŠŒ›˜™›žŽ—’Š•ȱŽœŽŠ›Œ‘ȱŽ ˜›”ȱ™Š™Ž›ǯȱ
řȘǯȲ›˜ Žǰȱǯȱǯǰȱ ǯȱŽ••Ȃ›’ŒŒ’Šǰȱǯȱ Š—ǰȱŠ—ȱǯȱЋЗЕ ǯȱŘŖŗŗǯ
è í ã è  ä æ é í ç ã ð ñ ä æ é  î ã æ ã ä  è è  î   ä îȬ
œ˜—œȱ›˜–ȱ˜ž—›¢ȱ¡™Ž›’Ž—ŒŽœǯȄȱ ˜›”’—ȱЙޛȱŗŗȦșŗǰȱ —Ž›—Š’˜—Š•ȱ˜—ŽŠ›¢ȱž—ǰȱŠœ‘’—˜—ǰȱǯȱ
řșǯȲŽ••Ȃ›’ŒŒ’Šȱ ǰȱ Š—ȱǰȱŠŽŸŽ—ȱǰȱ˜—ȱ
ǰȱŠ””Ž›ȱǰ ȱŘŖŗŘǯ ȱȁ˜•’Œ’Žœȱ˜›ȱ–ŠŒ›˜’—Š—Œ’Š•ȱœŠ‹’•’¢DZȱ‘˜ ȱ˜ȱŽŠ•ȱ
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ŚŖǯȲ
´ ¹ · · ý ® Ð ¯ û û ¯ ² µ ș ¯ ½  ² ³ ³ ¯ µ ² ³ ¸
½  ¹ Ð Í Ô ² Ð  ÿ ¹  µȱŘŖŖŜǰȱ Ž—’—ȱ˜˜–œȱŠ—ȱŽ—’—ȱŠ—Š›œ § Ö ­ Á ¤ Æ ¥ ¦ ­ ă
’—Š—ŒŽȱŜŗǯȱ
ŚŗǯȲŽ••Ȃ›’ŒŒ’Šǰȱ ’˜ŸŠ——’ǰȱŽ—’£ȱ Š—ǰȱžŒȱŠŽŸŽ—ǰȱŠ—ȱ
ž’ȱ˜—ǯ ȱŘŖŗŘǯȱ ȃ˜•’Œ’Žœȱ˜›ȱŠŒ›˜’—Š—Œ’Š•ȱŠ‹’•Ȭç ã  
ë ã ç è â î ã è  ä æ é í ç ã ð ê å ä ï ç ã  è è  î  ȱŠȱ’œŒžœœ’˜—ȱ˜ŽȱŗŘȦŖŜǰȱ —Ž›—Š’˜—Š•ȱ˜—ŽŠ›¢ȱž—ǰȱŠœ‘ ÈÄ Æ Ù © ­ Æ § À É
ŚŘǯȲŽ Š›’™˜—ȱǯǰȱǯȱ›Ž’¡Šœ ! ¢ £ Ñ É " §‘Žȱ›’œ’œȱŽ›–Š‘ǰ Û ¢ Ü « ¢ Ù Á ¦ ¥ © ­ ¤ Ò Ó ¥ ¤ ¥ £ Ä Ù Â Ñ § À × Ó « É
ŚřǯȲ
´ Ð ¹ Õ ± ² ³ ³ Ô µ ¾ ½ Ð ¯ ½ Ì µ ș ²–‹ŠŒ˜›Šȱǰȱ ’–Ž—Ž£ȱ ǰȱ›žŒ‘Š›Žȱǯ ȱŘŖŗŖǯȱ ȁ˜ž—Ž›Œ¢Œ•’ŒŠ•ȱŒŠ™’Š•ȱ‹žŽ›œDZȱ
Ž¡™•˜›’—ȱ˜™’˜—œȂ ǰȱ ȱ˜›”’—ȱЙޛȱřŗŝǯȱ
ŚŚǯȲ›Ž‘–Š——ȱǰȱ˜›’˜ȱǰȱœŠœŠ›˜—’œȱ
ǯȱ ŘŖŗŗǯ ȱȁ —Œ‘˜›’—ȱŒ˜ž—Ž›Œ¢Œ•’ŒŠ•ȱŒŠ™’Š•ȱ‹žŽ›œDZȱ‘Žȱ›˜•Žȱ˜ȱŒ›Ž ’ȱАȬ
›ŽŠŽœȂ ǰȱ ȱ˜›”’—ǯȱ
ŚśǯȲ›Ž‘–Š——ǰȱǯǰȱǯȱ˜›’˜ǰȱŠ—ȱ
ǯȱœŠœŠ›˜—’œ ȱǻŘŖŗŗǼǯȱ ‘Š›ŠŒŽ›’œ’—ȱ‘Žȱ’—Š—Œ’Š•ȱŒ¢Œ•ŽDZȱ˜—Ȃȱ•˜œŽȱœ’‘ȱ˜ȱ‘Žȱ  ä ï ç ò  ã ä å  # ÷ȱ ȱ˜›”’—ȱЙޛȱ—˜ǯȱřȘŖǰȱ ž—Žǯ
ŚŜǯȲ
´ Ð ¹ Õ ± ² ³ ³ µ Ô ² Í Õ ¯ ² ¼ µ ² ³ ¸ Ê ¹ ½ ³ ² Ð ¸ ½ ș ² ±  ² û ½ Ð Í ² µȱŘŖŗŘǰȱ ‘ŽȱŽŒœȱ˜ȱ˜ž—Ž›Œ¢Œ•’ŒŠ•ȱŠ™’Š•ȱžŽ›œȱ˜—ȱ
Š—”ȱŽ—’—ǰ Ú ¬ ¬ ¦ Ä ¢ £ × Ø ­—˜–’ŒœȱŽŽ›œȱŗșǯȱ
ŚŝǯȲȱŘŖŗŘǰȱ Ž™˜›ȱ˜—ȱ‘Žȱ’›œȱ ˜ȱ¢ŽŠ›œȱ˜ȱ‘Žȱ–ŠŒ›˜Ȭ™›žŽ—’Š•ȱŽœŽŠ›Œ‘ȱ—Ž ˜›” ǰȱ˜Œ˜‹Ž›ȱŘŖŗŘǯ
ŚȘǯȲ
Ï ¸  ¹
µ Ô ¹ ¯ ¼ ¹ ³  ² Õ ·
ËŘŖŗŗǯȱ ‘Žȱž—›Ž•’Š‹’•’¢ȱ˜ȱŒ›Ž’Ȭ˜Ȭ ȱ›Š’˜ȱŠ™œȱ’—ȱ›ŽŠ•ȱ’–ŽDZȱ’–™•’ ŒŠ’˜—œȱ˜›ȱŒ˜ž—Ȭ
Ž›Œ¢Œ•’ŒŠ•ȱŒŠ™’Š•ȱ‹žŽ›œ ǯȱ —Ž›—Š’˜—Š•ȱ ˜ž›—Š•ȱ˜ȱŽ—›Š•ȱŠ—”’—ȱŝǻŚǼǯ
ŚșǯȲ’—Š—Œ’Š•ȱŠ‹’•’¢ȱ˜Š›ǰȱ —Ž›—Š’˜—Š•ȱ˜—ŽŠ›¢ȱž—ǰȱŠ—”ȱ˜›ȱ —Ž›—Š’˜—Š•ȱŽ•Ž–Ž—œǯȱŘŖŗŗǯ ȱȁŠŒȬ
›˜™›žŽ—’Š•ȱ™˜•’Œ¢ȱ˜˜•œȱŠ—ȱ›Š–Ž ˜›”œDZȱ™›˜›Žœœȱ›Ž™˜›ȱ˜ȱ ŘŖȂ ǰȱŘŝȱŒ˜‹Ž›ǯ
śŖǯȲ
ș ¹ ½ Ð  ¹ ¼ û ÿ µ ÎÉ §Ž˜›–Šȱœž™›ŠŸŽ‘Ž›’’ȱ‹Š—ŒŠ›Žȱ™Ž—›žȱŠœ’ž›Š›ŽŠȱœŠ‹’•’Š’’ȱ ’—Š—Œ’Š›Žȱœ’ȱŠȱŒ›ŽœŽ›’’ȱŽŒ˜—˜–’ŒŽȱ
ž›Š‹’•Ž ǰȱžŒž›Žœ’ȱŗȘȱ’ž•’ŽȱŘŖŗřǯ
śŗǯȲ ’ŽœŽǰȱ ž•’Šǰȱ
Ž—›’”ȱ—Ž›œŽ—ǰȱ•’ŸŽ›ȱžœ‘Šǰȱ‘›’œ’Š—ȱŠœ›˜ǰȱŠ›ŒȱЛАȱŠ—ȱž“’ȱ
Š™Š ’Š ȱŠ—”ȱ˜ȱ × Æ Ù ¦ ¥ Æ £ §‘ŽȱŒ›Ž’Ȭ˜Ȭ™ȱŠ™ȱŠ—ȱŒ˜–™•Ž–Ž—Š›¢ȱ’—’ŒŠ˜›œȱ˜›ȱ–ŠŒ›˜™›žŽ—’Š•ȱ ™˜•’Œ¢DZȱŽŸ’Ž—ŒŽȱ›˜–ȱ‘Žȱ
ǯ
śŘǯȲ
ș ½ ½ ¸ Õ ² Ð Í µ ÌȱǻŘŖŗŖǼǰȱ ȃ‘Žȱ‘Š—’—ȱ˜•Žȱ˜ȱŽ—›Š•ȱŠ—”œȄ ǰȱ ȱ˜›”’—ȱЙޛœǰȱřŘŜǰȱŠ—”ȱ˜›ȱ —Ž›—Š È© Ä ­ Æ ¥ ¦ ¨ ¢ © © ¦ ¢  ¢ Æ © Ñ §  ¥ Ñ ¢ ¦ É
śřǯȲ
ș ½ ÿ Ð ¯ ³ û Õ ² ¼ µ ț ¯ ¹ Ð Ð ¹ ü · ¯  ¯ ¹ Ð µ ² ³ ¸ Ô ² ÿ Ð ¯ û ¹ ü  ¼ Í
¹ · ¸ǰȱŘŖŗŘǰȱ ˜›’Žœȱ˜ȱ‘Žȱ Ž—’Ž‘ȱŽ—ž›¢ȱ˜›ȱ‘Žȱ Ž—¢Ȭ ì ç å î ã § Ú Â ¢ ¤ Ä Ø ¥ Æ × Ø ­ Æ ­ Â Ä Ø Ö ­ Á ¤ Æ ¥ ¦ $
Ý¥ Ø ¤ ­ ¢ Ø ­ Æ ­ Â Ä Ø Ñ  É
śŚǯȲ
¶ ² Õ ± ¶ µ ù Õ ¯ ³ ¶ ù µ ù Õ ¯ ³  ËȱŘŖŗŘǯ ȱȁ˜—ȬŒ˜›Žȱ‹Š—”ȱ•’Š‹’•’’ŽœȱŠ—ȱ’—Š—Œ’Š•ȱŸž•—ޛЋ’•’’ŽœȂǯ
śśǯȲ
˜•–œ›˜–ǰȱǯǰȱŠ—ȱ ǯȱ  ȱǻŗșșŝǼǯȱ ȃ’—Š—Œ’Š•ȱ’—Ž›–Ž’Š’˜—ǰȱ•˜Š—Š‹•Žȱž—œȱŠ—ȱ‘Žȱ›ŽŠ•ȱœŽŒ˜› Ȅ § % Á ¥ ¤ È© ¢ ¤ ¦ Ò Ö ­ Á ¤ Æ ¥ ¦ ­ ă × Ø ­ Æ ­ Â Ä Ø Ñ §   & É

103Leadership and Strategy in the context of Changing Power Pole s S T U V W X V Y W ZśŜǯȲ ø Æ © ¢ ¤ Æ ¥ © Ä ­ Æ ¥ ¦
Ý­ Æ ¢ © ¥ ¤ Ò ¡ Á Æ £ §œœŽœœ’—ȱ ‘Žȱ ¢œŽ–’Œȱ –™•’ŒŠ’˜—œȱ ˜ȱ ’—Š—Œ’Š•ȱ ’—”ŠŽœDZȱ • ˜‹Š•ȱ ’—Š—Œ’Š•ȱ
Š‹’•’¢ȱŽ™˜› ǰȱ™›’•ȱŘŖŖșǯ
śŝǯȲ —Ž›—Š’˜—Š•ȱ˜—ŽŠ›¢ȱž—ǯȱŘŖŗŗǯȱ ȁŠŒ›˜™›žŽ—’Š•ȱ™˜•’Œ¢DZȱŠ—ȱ˜›Š—’œ’—ȱ›Š–Ž ˜›”Ȃǰ
Ý¥ ¤ Ø ¿ É
śȘǯȲ
 ¼ ² Ð ¹ ¼ û ÿ Ô Ë§ŠŒ›˜™›žŽ—’Š•’ŠŽŠǯȱސ•Ž–Ž—Š›ŽŠǰȱŒ›’£Ž•Žȱ’—Š—Œ’Š›Žȱœ’ȱ™˜ •’’ŒŠȱ–˜—ŽŠ›Šǰ ȱ’£Ž›Š’ŽȱŒžȱ˜ŒŠ£’Šȱ
ŽŒŽ›—Š›’’ȱ’•ž•ž’ȱŽȱ˜Œ˜›ȱ
˜—˜›’œȱŠžœŠȱŠ•ȱ—’ŸŽ›œ’Š’’ȱ˜–Š—˜Ȭ–Ž›’ŒŠ—ŽǰȱřŖȱ’ž—’ŽȱŘŖŗŗǯȱ
śșǯȲ
 ¼ ¼ ¯ ³  µ ü Í ± ² Ð '˜—ŽŠ›¢ȱŠ—ȱ’—Š—Œ’Š•ȱœŠ‹’•’¢ȱȬȱ’œȱ‘Ž›ŽȱŠȱ›ŠŽȬ˜ȱȬ ȱ™ŽŽŒ‘ȱ‹¢ȱ›˜Žœœ˜›ȱ–Š›ȱ œœ’—ǰȱ
Ž–‹Ž›ȱ˜ȱ‘Žȱ¡ŽŒž’ŸŽȱ˜Š›ȱ˜ȱ‘Žȱž›˜™ŽŠ—ȱŽ—›Š•ȱŠ—”ǰȱŠȱ‘Žȱ˜—Ž›Ž—ŒŽȱ˜—ȱȃ˜—ŽŠ›¢ȱŠ‹’•’¢ǰȱ
’—Š—Œ’Š•ȱŠ‹’•’¢ȱŠ—ȱ‘Žȱžœ’—Žœœȱ¢Œ•ŽȄǰȱŠ—”ȱ˜›ȱ —Ž›—Š’˜—Š•ȱŽ•Ž–Ž—œǰȱŠœŽ•ǰȱŘȘȬŘșȱŠ›Œ‘ȱŘŖŖřǯȱ
ŜŖǯȲ
¯ ± ( ³ ¹  µ ș Ë µ ² ³ ¸ Ë ù ² ÿ Ð ¯ ³ ²ȱǻŘŖŖŜǼǯȱ ȃ›Ž’ȱ¢Œ•Žœǰȱ›Ž’ȱ’œ”ǰȱŠ—ȱ›žŽ—’Š•ȱސž•Š’˜—Ȅ § ø Æ © ¢ ¤ Æ ¥ © Ä ­ Æ ¥ ¦
˜ž›—Š•ȱ˜ȱŽ—›Š•ȱŠ—”’—ǰȱŘȱǻŘǼǯ
ŜŗǯȲ
¯ ± ( ³ ¹  µ ș ²  Ð ¯ ¹ · µ ù Í ¹  ¹ ³ ü ³  ¹ ³ ² µ ½ ¼ ( Ê ÿ ¯ ¼ ț ¹  ¸ Ð ) µ ² ³ ¸ ¹ ¼ * ¼ ù ² ÿ Ð ¯ ³ ²ǰȱŘŖŗŘǰȱ ›Ž’ȱž™™•¢ȱŠ—ȱ˜—Ȭ
ŽŠ›¢ȱ˜•’Œ¢DZȱ Ž—’¢’—ȱ‘ŽȱŠ—”ȱЕЗŒŽȬ‘ŽŽȱ‘Š——Ž•ȱ ’‘ȱ˜Š—ȱ™™• ’ŒŠ’˜—œǰ Ú Â ¢ ¤ Ä Ø ¥ Æ × Ø ­ Æ ­ Â Ä Ø « ¢ Ç Ä ¢ Ü
ŗŖŘǯ
ŜŘǯȲ
¯ ± ( ³ ¹  µ ș ²  Ð ¯ ¹ · µ ù Í ¹  ¹ ³
Ë ș Ë ü ³  ¹ ³ ² µ ½ ¼ ¹ Ê ÿ ¯ ¼ ț ¹  ¸ Ð ½ µ ² ³ ¸ ¹ ¼ ÿ ¼ ù ² ÿ Ð ¯ ³ ² ù ² · ² ¼ǯȱŘŖŗŘǯȱ ȃŠŒ›˜Ȭë å ò ï ä â ã ç æ é + è é ç
 ÷ ê è ò â ã ä å

é ç
æ é  æ â , ê æ ë ç ã æ é  ò ô ô ä å î æ â ï ê å ä ï ç ã ó ò ë ë é     ç ï ä â
ä ô å è  ã ð ä ó ë æ â ç î ð   â æ  ç

›˜Ÿ’œ’˜—’—ȱ¡™Ž›’–Ž—œǯȄ ȱ’œŒžœœ’˜—ȱЙޛȱŘŖŗŘȮŖŗŗǰȱž›˜™ŽŠ—ȱŠ—”’—ȱŽ—Ž›ǯ
ŜřǯȲ ˜›ǰȱǯǰȱǯȱŒ‘ž•Š›’Œ”ǰȱŠ—ȱǯȱǯȱŠ¢•˜› ȱǻŘŖŗŖǼDZȱ ȃ’—Š—Œ’Š•ȱ›’œŽœǰȱ›Ž’ȱ˜˜–œǰȱŠ—ȱ¡Ž›—Š•ȱ –‹Š•Š—ŒŽœDZȱ
ŗŚŖȱŽŠ›œȱ˜ȱŽœœ˜—œǰȄ ȱȱ˜›”’—ȱЙޛȱ˜ǯȱŗŜśŜŝǯ
ŜŚǯȲ
– ¹ · · ¹ ³ µ ² ³ ¹ Í Ê Ë µȱŘŖŗŗŠǰȱ ŠŒ›˜™›žŽ—’Š•ȱž™Ž›Ÿ’œ’˜—ȱŠ—ȱ˜—ŽŠ›¢ȱ˜•’Œ¢ȱ’—ȱ‘Žȱ˜œȬ›’œ’ œȱ˜›•ǰȱ  Á Ñ Ä Æ ¢ Ñ Ñ
Œ˜—˜–’ŒœȱŚŜǯȱ
ŜśǯȲ
 ² ± ¯ ³ ¼ °  µ ș Ë µ ² ³ ¸ Ì Ë
¹ ¯ ³ Õ ² Ð ÍȱǻŗșșșǼǯȱ ȃ‘Žȱ ’—ȱŒ›’œŽœDZȱ‘ŽȱŒŠžœŽœȱ˜ȱ‹Š—”’—ȱŠ—ȱ‹Š•Š—ŒŽȱ˜ȱ™Š¢–Ž —œȱ™›˜‹Ȭé ä  î ǰȱ–Ž›’ŒŠ—ȱŒ˜—˜–’ŒȱŽŸ’Ž ǰȱŸ˜•ǯȱȘșǰȱ—˜ǯȱřǰȱ ž—Žǯ
ŜŜǯȲ
 ¯  ½ Í ² ° ¯ µ » ½  ÿ Õ ¯ Ð ½ µ ² ³ ¸ ½ Õ ³ Ô ½ ½ Ð ¹ǰȱŗșșŝǰ ê å ä ï ç ã ê 
é ä îǰȱ ˜ž›—Š•ȱ˜ȱ˜•’’ŒŠ•ȱŒ˜—˜–¢ȱŗŖśǯȱ
ŜŝǯȲ
 ² . ² ¸ ¯ ² µ ù Ë µ Ô Ë ´ Ð ¹ Õ ± ² ³ ³ µ Ë Ï · · ¯ ½ Í Í µ ² ³ ¸ ș Ë ù Í ¹ Ð ³ ¹ȱǻŘŖŗřǼǯȱ ȃ’šž’’¢ȱ›’œ”ǰȱŒŠœ‘ȱ•˜ ȱŒ˜—œ›Š’—œǰȱŠ—ȱœ¢œȬ
Ž–’ŒȱŽŽ‹ŠŒ”œȄǰ ȱ’—ȱ ǯȱ ǯȱ
Šž‹›’Œ‘ǰȱŠ—ȱǯȱǯȱ˜ȱǻŽœǯǼǰȱžŠ—’¢’—ȱ¢œŽ–’Œȱ’œ”ǰȱ—’ŸŽ›œ’¢ȱ˜ȱ‘’ŒŠ˜ȱ Ó ¤ ¢ Ñ Ñ É
ŜȘǯȲ
 ¯ ³ ¸ · ¹  ¹ Ð  ¹ Ð µ Ì ËǻŗșȘșǼǯȱ Š—’ŠœǰȱŠ—’ŒœȱŠ—ȱ›Šœ‘ŽœDZȱȱ
’œ˜›¢ȱ˜ȱ’—Š—Œ’Š•ȱ›’œŽœǰȱŽ ȱ˜›”ǰȱŠ œ’Œȱ˜˜”œǯ
ŜșǯȲ
 ü ü µ
ËǻŘŖŖȘǼǯȱ ‘Žȱ
˜•¢ȱ ›Š’•ȱ˜ȱŠŒ›˜ŽŒ˜—˜–’ŒœDZȱŽœœ˜—œȱ›˜–ȱ ЙЗȂœȱ ›ŽŠȱŽŒŽœœ ’˜— § / Ä ¦ ¢ Ò É
ŝŖǯȲ
 Ð ÿ  ± ² ³ țÉ §C—˜Š›ŒŽ›ŽŠȱŽŒ˜—˜–’Ž’ȱŽŒ•’—ž•ž’ȱó’ȱŒ›’£Šȱ’—ȱŘŖŖȘ ǰȱž‹•’ŒŠǰȱžŒž›Žœ’ǰȱŘŖŖșǯȱ
ŝŗǯȲŠ–‹Ž›’—’ǰȱž’œŠǰȱŠŽ›’—ŠȱŽ—’Œ’—˜ǰȱŠ—ȱŠ›’ŠȱŽ›ŽœŠȱž—£’ȱ ǻŘŖŗřǼȱ ȁŽŠ—’—ȱАВ—œȱ‹˜˜–Ȭ‹žœȱŒ¢Œ•Žœȱ
’—ȱŒ›Ž’ȱŠ—ȱ‘˜žœ’—ȱ™›’ŒŽœǯȂȱ Ö ­ Á ¤ Æ ¥ ¦ ­ ă × Ø ­ Æ ­ Â Ä Ø Ò Æ ¥ Â Ä Ø Ñ ¥ Æ £ À ­ Æ © ¤ ­ ¦ 0  ! 1 " É
ŝŘǯȲ
Ê ² Ð ½ ¼ ¯ 2 Ð ¹ Ë µ˜ Š›œȱŠȱŽ ȱ›Š–Ž ˜›”ȱ˜›ȱ˜—ŽŠ›¢ȱ˜•’Œ¢ ǰȱŽ—›Š•ȱŠ—”’—ǰȱŸ˜•ǯȱŘŖǰȱ—ǚřǰȱŘŖŗŖǯȱ
ŝřǯȲ’–ǰȱǯǰȱ˜•ž–‹Šȱǯǰȱǯȱ˜œŠǰȱǯȱ
˜—œŠ–žǰȱǯȱŠ—’ǰȱǯȱŠ’¢’ǰȱǯȱޣޕǰȱŠ—ȱǯȱž ǰȱŒ˜‹Ž›ȱŘŖŗŗǰȱ
ŠŒ›˜™›žŽ—’Š•ȱ˜•’Œ¢DZȱ‘Šȱ —œ›ž–Ž—œȱŠ—ȱ
˜ ȱ˜ȱœŽȱ‘Ž–ǵȱ Žœœ˜—œȱ›˜–ȱ˜ž—›¢ȱ¡™Ž›’Ž—ŒŽœǰȱ ȱ
˜›”’—ȱЙޛȱȦŗŗȦŘřȘǯ
ŝŚǯȲ
Ê ½ ú ¹ µ ț ËȱǻŘŖŖŘǼDZȱ ê å ä ï ç ã å ç î ,  ä æ î ò å ä  ä â ã æ â ï ë å è

é ç
æ é ç ã  ÷ ȱ ȱ˜›”’—ȱЙޛȱ—˜ǯȱŗŗŜǯ
ŝśǯȲ
¯ ± ( ³ ¹  µ ș Ë µ ù Í ¹  ¹ ³ ü ³  ¹ ³ ² µ ½ ¼ ( Ê ÿ ¯ ¼ ț ¹  ¸ Ð ) µ ¹ ¼ * ¼ ù ² ÿ Ð ¯ ³ ² Ë Ý¥ Ø ¤ ­ ¬ ¤ Á £ ¢ Æ © Ä ¥ ¦ Ó ­ ¦ Ä Ø Ò § ê è ò â ã ä å

é ç
æ é
Š—”ȱŠ™’Š•ȱžŽ›œȱŠ—ȱ›Ž’ȱž™™•¢DZȱŸ’Ž—ŒŽȱ›˜–ȱ‘Žȱ™Š—’œ‘ȱ¢—Š–’Œȱ›˜Ÿ’œ’ ˜—’—ȱ¡™Ž›’–Ž—œ ǰȱŘŖŗřǯ
ŝŜǯȲ
Ì · ² ¹ ¼ ¼ ¹ ³ ¼ µ ù Ë µ ù Ë
Ë ș Õ ½ ¼ Õ µ ² ³ ¸
Ë Ô ¯ Õ ¹ ÍǯȱŘŖŗřǯȱ ȃŠŒ›˜Ȭ›žŽ—’Š•ȱ˜•’Œ’Žœȱ˜ȱ’’ŠŽȱ’—Š—Œ’Š•ȱ¢œŽ–ȱ
ž•—ޛЋ’•’’ŽœǯȄ Ö ­ Á ¤ Æ ¥ ¦ ­ ă ø Æ © ¢ ¤ Æ ¥ © Ä ­ Æ ¥ ¦
Ý­ Æ ¢ Ò ¥ Æ £ ¡ Ä Æ ¥ Æ Ø ¢ É

104 Leadership and Strategy in the context of Changing Power Pole s         ŝŝǯȲ
Ô ¯ ³ ¼ °  ¶É §Š‹’•’£’—ȱŠ—ȱ—œŠ‹•ŽȱŒ˜—˜–¢ǰ ȱŠ•Žȱ—’ŸŽ›œ’¢ȱ›ŽœœǰȱŗșȘŜǯ
ŝȘǯȲ
Ô ¯ ³ ¼ °  ¶ țǯȱŗșŝŘǯ ȱ’—Š—Œ’Š•ȱ’—œŠ‹’•’¢ȱ›ŽŸ’œ’ŽDZȱ‘ŽȱŽŒ˜—˜–’Œœȱ˜ȱ’œŠœŽ› É « ¢ ¥ ¬ ¬ ¤ ¥ Ä Ñ ¥ ¦ ­ ă © ¿ ¢ ¡ ¢ £ ¢ ¤ ¥ ¦ « ¢ È
œŽ›ŸŽȱ’œŒ˜ž—ȱŽŒ‘Š—’œ–ȱřǻŗșŝŘǼǯ
ŝșǯȲ
Ô ¯ ¼ Õ ° ¯ ³ µ Î ËȱǻŘŖŖȘǼǯȱ ȃ
˜ ȱœ‘˜ž•ȱ Žȱ›Žœ™˜—ȱ˜ȱŠœœŽȱ™›’ŒŽȱ‹ž‹‹•ŽœȄ § Ñ ¬ ¢ ¢ Ø ¿ ¥ © © ¿ ¢ / ¿ ¥ ¤ © ­ Æ ¡ Ä Æ ¥ Æ Ø Ä ¥ ¦ ø Æ Ñ © Ä © Á È
’˜—œȱŽ—›ŽȱŠ—ȱ•’ŸŽ›ȱ¢–Š—ȱ —œ’žŽȂœȱ——žŠ•ȱ’—Š—Œ’Š•ȱ’œ”ȱ˜ž—Š‹•Žǰȱ‘’•ŠŽ•™‘’ŠǰȱŽ——œ¢•ŸŠ ÈÆ Ä ¥ §
Ý¥ Ò É
ȘŖǯȲ
» ¹ ²  ÿ µ Î Ë ² ³ ¸  Ð ¯ ³ ² Ô Ë§˜›”’—ȱЙޛȱŽ›’Žœȱ—˜ǯŗśșŗȦŽ™Ž–‹Ž›ȱŘŖŗřȱžŽ—ȱ˜™ȱ˜ȱŒŠ™’Š•ȱ•˜  œȱŠ—ȱ‘Žȱ
Œ˜—œŽšžŽ—ŒŽœȱ˜›ȱ‘Žȱ‹Š—”’—ȱœŽŒ˜›ȱŠ—ȱ‘Žȱ›ŽŠ•ȱŽŒ˜—˜–¢ É
ȘŗǯȲ
ü ¼  ½ Ð ³ ¹ µ Ô Ë µ ® Ë Ô Ë Î ÿ ¹ Ð Í ¹ ¼ µ ² ³ ¸ ® Ë Ô ¯ · ³ ¹ µŘŖŗŘǰȱ —ȱ ˜˜ȱ’–ŽœȱŠ—ȱ’—ȱŠDZȱŠ—”ȱŠ™’Š•ȱŠ’˜œȱŠ—ȱŽ—’—ȱ ñ æ ã ä î §
ÝÄ Â ¢ ­ Å Ț ¡ Ä Æ ¥ Æ Ø Ä ¥ ¦ ¨ ¢ ¤ Ç Ä Ø ¢ Ñ Ú Á © ¿ ­ ¤ Ä © Ò É
ȘŘǯȲ
ț ½ . ² µ Ì ËǰȱŘŖŗŗǯȱ ˜—ŽŠ›¢ȱ™˜•’Œ¢ȱŒ‘Š••Ž—Žœȱ’—ȱ‘Žȱȱ›Ž’˜—ȱ‘ŽȱŒŠœŽȱ˜ȱ˜–Š— ’Š § Ó ­ Ñ © È À ¤ Ä Ñ Ä Ñ 3 ¤ ­ Ü © ¿ ¥ Æ £
—Ž›Š’˜—ȱ’—ȱž›˜™ŽǯȱŠŒ‘’—Ȭž™ȱ›ŠŽ’Žœȱ’—ȱȱŒ˜—˜–’Žœǰȱ™™ǯȱŗŜŝȬŗŝŖǰȱ Š›ȱŠ›ȱž‹•’œ ‘ È
’—ȱǯȱ
ȘřǯȲ
ț ÿ Ð ¯ µ Ô Ë µ Ë
½ û Õ ½ · · µ ² ³ ¸ ù Ë ù Í ¹

¹ ³ǰȱŘŖŗŗǰȱ •˜‹Š•ȱŽŠ’•ȱŽ—’—ȱ’—ȱ‘ŽȱŽ›–Š‘ȱ˜ȱ‘Žȱȱ’—Š—Œ’Š•ȱ›’œ ’œDZȱ
’œ’—ž’œ‘’—ȱ‹Ž ŽŽ—ȱž™™•¢ȱŠ—ȱŽ–Š—ȱŽŒœ ǰȱ ˜ž›—Š•ȱ˜ȱ’—Š—Œ’Š•ȱŒ˜—˜–’ŒœȱŗŖŖǯȱ
ȘŚǯȲŠ™˜›ž•ȱ›˜œœȱǻǰȱŗșȘŜǼȱ Ǯ’ž›Š—ôŠȱò’ȱŽ’Œ’Ž—ôŠȱœ’œŽ–ž•ž’ȱ’—Š—Œ’Š›ȱɗȱœŽ—œȱ•Š›ȱò’ȱŠȱœ’œŽ –ž•ž’ȱŽȱ™•©ô’Ȅ É
ȘśǯȲ

¹ ¯ ³ Õ ² Ð Í µ Ì Ë µ ² ³ ¸  Ë
½  ½

ȱǻŘŖŖșǼǯȱ ‘’œȱ’–Žȱ’œȱ’Ž›Ž—DZȱ’‘ȱŽ—ž›’Žœȱ˜ȱ’—Š—Œ’Š•ȱ˜••¢ § Ó ¤ Ä Æ Ø ¢ © ­ Æ Å Æ Ä È
ŸŽ›œ’¢ȱ›ŽœœǯȱȯȱǻŘŖŗŗǼǯȱ ȃ›˜–ȱ’—Š—Œ’Š•ȱ›Šœ‘ȱ˜ȱŽ‹ȱ›’œ’œȄ ǰȱ–Ž›’ŒŠ—ȱŒ˜—˜–’ŒȱŽŸ’Ž ǰȱŗŖŗǯ
ȘŜǯȲ

¹ ¯ ³ Õ ² Ð Í Ì µ
¹ ¯ ³ Õ ² Ð Í ËŘŖŖȘǯ ȱȁŠ™’Š•ȱ•˜ ȱ‹˜—Š—£ŠœDZȱŠ—ȱŽ—Œ˜–™Šœœ’—ȱŸ’Ž ȱ˜ȱ‘Žȱ™ŠœȱŠ—ȱ™› ŽœŽ— 4 § Û  × «
˜›”’—ȱЙޛȱ—˜ǯȱŗŚřŘŗǯ
ȘŝǯȲ

¹ ¯ ³ Õ ² Ð Í µ Ì Ë Ô Ë µ ² ³ ¸  Ë ù Ë
½  ½

ǰȱŘŖŖșǰȱ ‘ŽȱŽ›–Š‘ȱ˜ȱ’—Š—Œ’Š•ȱ›’œŽœǰ ȱ–Ž›’ŒŠ—ȱŒ˜—˜–’ŒȱŽŸ’Ž ȱșșǯȱ
ȘȘǯȲ

¹ . ÿ · · ½ µ
Ë µ ² ³ ¸ Ë ù ² ÿ Ð ¯ ³ ²ȱǻŘŖŗŘǼǯȱ ȃ‘ŽȱŒ˜ž—Ž›Œ¢Œ•’ŒŠ•ȱŒŠ™’Š•ȱ‹žŽ›ȱ˜ȱŠœŽ•ȱ DZȱŠȱŒ›’’ŒŠ•ȱŠœœŽœœ–Ž—Ȅǯ
ȘșǯȲŽ™ž••˜ǰȱǯǰȱ ǯȱŠž›’—ŠǰȱŠ—ȱǯȱ›žŒ‘Š›Ž ǰȱŘŖŗŖǰȱ ’’Š’—ȱ‘Žȱ›˜ȬŒ¢Œ•’ŒŠ•’¢ȱ˜ȱŠœŽ•ȱ ǰ × Ø ­ Æ ­ Â Ä Ø 5 ­ ¦ É &  §
œœžŽȱŜŚǰȱŒ˜‹Ž›ǯȱ
șŖǯȲ
ù ² · ² ¼ µ Ë µ ² ³ ¸ Ë ù ² ÿ Ð ¯ ³ ²ȱǻŘŖŖřǼǯȱ ȃޛސž•Š’˜—ǰȱ–Š›”Žȱ™˜ Ž›ȱŠ—ȱ›’œ”ȱ‹Ž‘ŠŸ’˜›ȱ’—ȱ™Š—’œ‘ȱ‹Š—”œ Ȅ § × Á ¤ ­ ¬ ¢ ¥ Æ É
șŗǯȲ
ù ² ÿ Ð ¯ ³ ² µ ËǻŘŖŖșǼDZȱ ȃ¢—Š–’Œȱ›˜Ÿ’œ’˜—’—DZȱ‘Žȱ¡™Ž›’Ž—ŒŽȱ˜ȱ™Š’—ǰȱ’—ȱ›’œ’œȱŽœ™˜— œŽǰȱž‹•’Œȱ˜•’Œ¢ȱ˜›ȱ‘Žȱ + å ç  æ ã ä ó ä
ã è å ÷ ȱ˜Žȱ˜ǯŝǰȱ‘Žȱ˜›•ȱŠ—”ǯ
șŘǯȲ
ù ² ÿ Ð ¯ ³ ² µ ËȱǻŘŖŖșǼDZȱ ȃ˜Š—ȱ˜œœȱ›˜Ÿ’œ’˜—œȱ’—ȱ™Š’—ǯȱȱ˜›”’—ȱŠŒ›˜™›žŽ—’Š•ȱ˜˜•ǰȄ ȱ˜›”’—ȱЙޛǯȱ
șřǯȲ
ù ¯ ³ Õ ² µ ® ËǰȱŽ™ž¢ȱ ˜ŸŽ›—˜›ǰȱŽœŽ›ŸŽȱŠ—”ȱ˜ȱ —’Šǰȱ™ŽŽŒ‘ȱŠȱ•ŽŸŽ—‘ȱ——žŠ•ȱ —Ž›—Š’˜—Š•ȱŽ–’—Š›ȱ ­ Æ Ó ­ ¦ Ä Ø Ò À ¿ ¥ ¦ ¦ ¢ Æ Ù ¢ Ñ ă ­ ¤ © ¿ ¢ ¡ Ä Æ ¥ Æ Ø Ä ¥ ¦ ¨ ¢ Ø © ­ ¤ ­ Æ 6ŽŽ’—ȱ‹˜‘ȱ‘Žȱ˜›ŽœȱŠ—ȱ‘Žȱ›ŽŽœȱȬȱž™Ž›Ÿ’œ’—ȱ¢œŽ–’Œȱ ñ ç î ,  Ø ­ È ¿ ­ Ñ © ¢ £ Ã Ò © ¿ ¢  ­ ¥ ¤ £ ­ ă 3 ­ Ç ¢ ¤ Æ ­ ¤ Ñ ­ ă © ¿ ¢ ¡ ¢ £ ¢ ¤ ¥ ¦ « ¢ Ñ ¢ ¤ Ç ¢ ¨ Ò Ñ © ¢  § 7 ¿ ¢ ø Æ © ¢ ¤ Æ ¥ © Ä ­ Æ ¥ ¦
Ý­ Æ ¢ © ¥ ¤ Ò
ž—ȱŠ—ȱ‘Žȱ˜›•ȱŠ—”ȱŠȱŠœ‘’—˜—ȱǯǯǰȱ ž—ŽȱŗȬřȱŘŖŗŗǯ
șŚǯȲŒ‘ž•Š›’Œ”ǰȱǯǰȱŠ—ȱǯȱǯȱŠ¢•˜› ǰȱŘŖŗŘǰȱ ›Ž’ȱ˜˜–œȱ ˜—ŽȱžœDZȱ˜—ŽŠ›¢ȱ˜•’Œ¢ ǰȱŽŸŽ›ŠŽȱ¢Œ•ŽœǰȱŠ—ȱ
’—Š—Œ’Š•ȱ›’œŽœǰȱŗȘŝŖȮŘŖŖȘǰȱ–Ž›’ŒŠ—ȱŒ˜—˜–’ŒȱŽŸ’Ž ȱŗŖŘǯ
șśǯȲ
ù Õ ¯ ³ µ ¶ Ë ù Ë µȱŘŖŗŗǰȱ ŠŒ›˜™›žŽ—’Š•ȱ˜•’Œ’ŽœȱŽ¢˜—ȱŠœŽ•ȱ § Ó ¤ ¢ Ñ ¢ Æ © ¥ © Ä ­ Æ ­ Æ ¨ ¢ ¬ © ¢  à ¢ ¤  ø Æ © ¢ ¤ Æ ¥ © Ä ­ Æ ¥ ¦À ¢ Æ © ¤ ¢ ă ­ ¤ ¡ Ä Æ ¥ Æ Ø Ä ¥ ¦ « ¢ Ù Á ¦ ¥ © Ä ­ Æ É
șŜǯȲ
ù û Õ ½ ¹ ³ ± ² ° ¹ Ð µ ´ ˧Ž—›Š•ȱ‹Š—”œȱŠ—ȱ–ŠŒ›˜™›žŽ—’Š•ȱ™˜•’Œ¢ É ¨ ­  ¢ ¤ ¢ ă ¦ ¢ Ø © Ä ­ Æ Ñ ă ¤ ­  À ­ ­ ¤ £ Ä Æ ¥ © Ä ­ Æ Ã ¢ © Ü ¢ ¢ Æ
‘Žȱž›˜™ŽŠ—ȱŠ—ȱ—Š’˜—Š•ȱ•ŽŸŽ•ǰȱșȱŽŒŽ–‹Ž›ȱŘŖŗŘǯ
șŝǯȲŒ‘˜Ž—–ДޛǰȱǯǰȱŠ—ȱǯȱ ǯȱ’Ž›œǯȱ ŘŖŗŗǯȱ ȃŠŒ›˜™›žŽ—’Š•ȱ˜•’Œ¢DZȱ‘ŽȱŽŽȱ˜›ȱŠȱ˜‘ޛޗȱ˜•’Œ¢ȱ›Š–ŽȬí è å ,   Ó ­ ¦ Ä Ø Ò Ó ¥ ¬ ¢ ¤  0 § Á Ä Ñ ¢ Æ Ã ¢ ¤ Ù ¨ Ø ¿ ­ ­ ¦ ­ ă ¡ Ä Æ ¥ Æ Ø ¢ § Ú Â Ñ © ¢ ¤ £ ¥  É

105Leadership and Strategy in the context of Changing Power Pole s S T U V W X V Y W ZșȘǯȲŠ¢•˜›ȱ ǯǰ  ç î
å ä ã ç è â  ä å î ò î + è é ç
 ñ ò é ä î ç â + å æ
ã ç
ä ÷ À ¥ ¤ Æ ¢ Ù Ä ¢ È « ­ Ø ¿ ¢ Ñ © ¢ ¤ À ­ Æ ă ¢ ¤ ¢ Æ Ø ¢ ¨ ¢ ¤ Ä ¢ Ñ ­ Æ Ó Á Ã ¦ Ä Ø Ó ­ ¦ È
’Œ¢ǰȱřșǰȱŗșșřǯ
șșǯȲ’—‹Ž›Ž—ǰȱ ȱǻŗșśŘǼǰȱ —ȱ‘Žȱ‘Ž˜›¢ȱ˜ȱŒ˜—˜–’Œȱ˜•’Œ¢ § Û ­ ¤ © ¿ 8 ­ ¦ ¦ ¥ Æ £ § Ú Â Ñ © ¢ ¤ £ ¥  É
ŗŖŖǯȲ›’Œ‘Žǰȱǯȱ ǻŘŖŖśǼǯȱ ȃ œœŽȱ™›’ŒŽȱ‹ž‹‹•ŽœȱŠ—ȱ–˜—ŽŠ›¢ȱ™˜•’Œ¢Ȅ ǰȱ™ŽŽŒ‘ȱŠȱ‘Žȱ’‘ȱȱŽŒž›Žǰȱ’—Š™˜›Žǯ
ŗŖŗǯȲ
² ³ » ½ Ð ¸ ¹ ³ ù ËȱŘŖŗŗǯȱ’œŒžœœ’˜—ȱ˜ȱ ȃ‘Žȱž—›Ž•’Š‹’•’¢ȱ˜ȱŒ›Ž’Ȭ˜Ȭ ȱ›Š’˜ȱŠ™œȱ’—ȱ›ŽŠ•ȱ’–ŽDZȱ’–™•’ ŒŠ’˜—œȱ
˜›ȱŒ˜ž—Ž›Œ¢Œ•’ŒŠ•ȱŒŠ™’Š•ȱ‹žŽ›œȂȂ ǯȱ —Ž›—Š’˜—Š•ȱ ˜ž›—Š•ȱ˜ȱŽ—›Š•ȱŠ—”’—ȱŝǻŚǼǯȱ

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