What influence does a CEO’s personality have on the major strategic decisions of his or her firm? To answer this question, a team of researchers studied the impact of a CEO’s extraverted or introverted nature on his or her company’s M&A activities. The team focused on extraversion as a personality trait because of the ‘big […]
Subject: Leadership
How to Encourage Interprofessional Knowledge Transfer In Your Company
One of the key success factors of an organization is that its executives, managers and employees or staff are able to share with each other best practices and processes, new routines, innovations and all other beneficial and important knowledge. Unfortunately, rather than the smooth and widespread transfer of knowledge, organizations find that knowledge often gets […]
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Why You Need Diplomats In Your Organization
Friendship in the workplace can be a positive factor as friendly colleagues collaborate harmoniously, share information easily and support each other’s work. On the negative side, friendships can also lead to ‘friendship cliques’, in which the members work closely with each other but consider non-clique members outsiders, and perhaps competitors. Members belonging to a clique […]
Understanding Follower Attitudes Helps Decipher Leadership Success
What makes a good leader? The answer is often given in the context of the leader’s impact on followers — a natural response since the effectiveness of a leader is defined not by what he or she does, but by what he or she is capable of getting others to do. For this reason, theories […]
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Digital Natives and Multi-tasking Proficiency Are Harmful Myths
The digital native is a myth, according to an extensive review of the research by by Paul Kirschner of Open University of the Netherlands and Pedro de Bruyckere of Artevelde University in Ghent, Belgium. Writing in Teaching and Teacher Education journal, Kirschner and Bruyckere argue that multiple academic studies in multiple countries show repeatedly that […]
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The Unintended Consequences of Risk Averse Managers
Many previous studies have examined how personal benefits or the refusal to exert the required effort (also known as ‘enjoying the quiet life’) can lead managers to take actions that hurt their companies. The recent research by Todd Gormley of Olin and David Matsa of Kellogg focuses on an overlooked third motivation for managers acting […]
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Why You Need to Mend Any Poor Relationships With Your Employees
The quality of the relationship between a leader and a follower or subordinate can have a major impact on the satisfaction and happiness, and ultimately the performance of that subordinate. Leader-member exchange (LMX) theory is the theory that studies leader-follower relationship quality and its impact on the success of the individuals involved and the organization […]
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Bridge-Building CEOs Unite Divided Management Teams to Succeed
Diverse backgrounds on top management teams (TMT) can lead to the creation of knowledge-based faultlines. These faultlines are the result of top managers clustering into TMT subgroups based on shared knowledge and expertise. Researchers debate whether these subgroups are positive or negative: some believe the subgroups allow better information processing, while others believe that they […]
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Leader-Team Member Relationships 2: Impact Job Satisfaction, Trust and Empowerment
The theory of leader-member exchange (LMX) focuses on the quality of the relationship between a leader and individual members of his or team, and how that relationship affects overall performance and the leader’s relationships with other team members. Low LMX quality would indicate a relationship that is limited to the contractual obligations: neither leader nor […]
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Leader-Team Member Relationships 1: Impact on Performance
Leader member exchange (LMX) theory is a theory that assesses leadership based on the relationships between leaders and followers (rather than the specific traits or behaviours of leaders). Thus, for example, LMX theory predicts that a trusting and open relationship between a leader and an employee will result in greater morale and job satisfaction, and […]
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