Do CEOs Matter?

I just finished Day 2 of the amazing Frye Leadership Institute, so this article really caught my eye:
Do CEOs Matter? – The Atlantic (June 2009)

Key quotes:

“Management may be extremely difficult and important even though managers are indistinguishable,” he writes. “It is hard to tell the difference between two different light bulbs also; but if you take all the light bulbs away, it is difficult to read in the dark.”

“Good leaders can make a small positive difference; bad leaders can make a huge negative difference,” Stanford’s Jeffrey Pfeffer told Fortune in 2006.

The article is full of references to actual, empirical studies of the impacts of leaders & managers, all pointing to the negligible affect of good leadership and the catastrophic effect of bad leadership. Perhaps a good general leadership motto is “Do no harm”.

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