Rent Seeking - Deepstash

Rent Seeking

Absentee leaders are people in leadership roles who are psychologically absent from them. They were promoted into management, and enjoy the privileges and rewards of a leadership role, but avoid meaningful involvement with their teams. Absentee leadership resembles the concept of rent-seeking in economics — taking value out of an organization without putting value in. As such, they represent a special case of laissez-faire leadership, but one that is distinguished by its destructiveness.

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xarikleia

“An idea is something that won’t work unless you do.” - Thomas A. Edison

The popular media is full of examples of bad leaders. But the most common kind of incompetent leader actually isn’t the ranting, narcissistic sociopath that might immediately come to mind.

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