Control Junky or Chaos Monkey; what's your Leadership style

Leadership in the age of Distraction and Destruction has become very challenging with the old paradigms and time tested concepts being challenged, destroyed and replaced by new thinking. Several elements are creating a change in the management and leadership style. Rise of new media has created new media stars and a different and direct way of communication. It is allowing instant communication between the communicator and the receivers with open channel for communication both ways and that too can happen in full public glare where others can watch it and jump in at their will. Old play books for success are getting replaced with new innovative ideas. Old and ever successful companies are struggling to catch up with the growth rates of new innovative businesses. The new forms of power are emerging with new models of engagement and the New math. What should a leader do?