The recent election of Barack Obama raises the question: can a single individual make a difference to how a large group such as a nation thinks and acts in the long term? Or, in the more modest context of business: can a CEO drive the employees of a firm to become more innovative and perform better over time? If it is agreed that corporate culture plays a preeminent role in making firms more innovative, then a natural question to pose is: how is such a culture created and maintained? Specifically: does the individual at the head of the firm have a role to play in all this?

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