18th 08 - 2009 | no comment »

blog:who served as president of the Texas Rangers

“George was my boss,”says Tom Schieffer,who served as president of the Texas Rangers under Bush between 1991and 1995.”But he never made me feel that way.He went out of his way to treat me as a partner,not a subordinate.”That’s one trait that might be of concern,says Michael Useem,director of the Wharton Center for Leadership and Change at the University of Pennsylvania.It’s important for subordinates to feel part of the team,but not just because the boss craves popularity.Just as in the military,it must be understood who is in charge when the final order is given.Bush’s critics say his success has more to do with his family name than his business expertise,that his oil company was bailed out by a timely acquisition and that he leveraged his influence to get a new baseball stadium compliments of taxpayers.His defenders say his leadership skill is real.”I’ve been in business with a lot of Harvard MBAs,”says Texas billionaire Richard Rainwater,a key investor among the 70who put up $86million in the 1989acquisition of the Texas Rangers baseball team.One of the 70was Bush,who borrowed $600,000for a stake that he sold nine years later for $14.9million.

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