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 […]
Read More… from Bridge-Building CEOs Unite Divided Management Teams to Succeed
People who are considered for positions of leadership have proven their intelligence and competence, have acquired the experience required for the job, and often display a sense of authority and strength. These attributes might have been sufficient at a time when top-down command-and-control leadership (where the job of followers was for the most part to […]
Read More… from How Emotional Intelligence Leads to Effective ‘Human’ Leaders
Job satisfaction is often linked to the quality of the working relationship between an employee and his or her supervisor. A poor relationship can lead to an increase in turnover intention — the desire or intent to leave — and eventually turnover itself: the employee quitting the job, sometimes even in the absence of a […]
Read More… from Bosses Who Treat Women Middle Managers Will Have Happier Frontline Employees
Psychopaths are manipulative, bullying, lying and egocentric people without a conscious. They use coercion and intimidation to get what they want, and never have a sliver of remorse for their deceit or the pain that they cause. Some psychopaths become criminals and end in prison. Others, called corporate psychopaths, use lies and intimidation to succeed […]
Read More… from Corporate Psychopaths: A Menace to Your Organization
The departure of a CEO inevitably leads to disruption and uncertainty — from a nervous workforce unsure of what the future will look like to the markets monitoring carefully the performance of a new leader in a new situation. Often, other top managers may decide that a leadership change is a good time to leave […]
Read More… from Succession Planning Reduces Turmoil and Economic Impact of Departing CEO
How much does the personality of a CEO impact his or her decision-making and the performance of the firm? A team of researchers explored connections between the personality traits of more than 4500 CEOs and their investment and financing decisions and the performance of their firms. Their study offers a glimpse into how personality can […]
Read More… from How CEO Personality Impacts on Firm Performance
In today’s workplace, driven by demographic changes and the evolution in our social attitudes, diversity competencies in managers and leaders are required. Such competencies are based on the following abilities: attitudinal (for example, adapting to other cultural norms, withholding judgment) skills (practicing appropriate etiquette, seeking local expertise). managerial (using culturally appropriate motivational tools) knowledge (following […]
Read More… from Diversity and Inclusion: Key Success Factors for Today’s Companies
Behind all human progress is the question: What’s Next? Asking “What’s Next?” led humankind from the invention of the wheel to the building of the pyramids, the establishment of common laws, the printing press, the founding of universities, coinage and commerce, steamboats, passenger trains, the light bulb, space travel and, most recently, the iPhone. But […]
Read More… from 4 Nextsensing Skills to See What the Future Holds
When Indiana passed its Religious Freedom Restoration Act (RFRA) in March of 2015, Apple CEO Tim Cook’s response was swift and unequivocal. “Apple is open for everyone. We are deeply disappointed in Indiana's new law,” he tweeted. While supporters insisted that the law was only intended to allow business owners and others to make decisions […]
Read More… from CEOs Can Galvanize Public Opinion-and Help Business
The ‘legitimacy’ of a company is based on whether outsiders consider that a company takes appropriate actions — and has the governance structures in place to ensure that it continues to take appropriate actions. One measure of legitimacy is the balance of power between the CEO and the board of directors. In general, investors and […]
Read More… from Reducing CEO Power Can Undermine a Company’s Legitimacy
