What’s the best way to be an effective leader?

David Jackson (Founder, Seeking Alpha)
Which is better: a CEO who tolerates mediocrity or one who throws tantrums? | A Founder’s Notebook

If I had to choose between a manager who tolerates mediocrity and a manager who throws “nutters”, I’d go for the manager who throws nutters any day. Why? Because the most successful companies are built by managers who strive for, and demand excellence. They care passionately about their product and company