Maybe it takes a little bit of crazy to be a CEO. Or at the very least, maybe it helps. After all, would you consider Steve Jobs completely ‘normal’? Or might you say he’s a touch overconfident? How about Bill Gates? Facebook founder Mark Zuckerberg?
Timothy Simcoe, of Boston University’s School of Management, and Alberto Galasso, of the University of Toronto, set out to find out if there are any advantages to having an overconfident CEO. They found that firms with overconfident CEOs invested more in research and development, and were more innovative, than companies led by CEOs whose outlook was more realistic.
To read the full, original article click on this link: Why it’s Okay to Have a Delusional CEO | BNET
Author: Kimberly Weisul
