Ever hear of the dreaded “CEO Disease?”
It was initially diagnosed by Stanford psychologist Carol Dweck, who discovered that the broad power and authority held by CEOs often leads to risk-averse and even truth-averse culture in which employees offer up nothing but “the good news of their perfection and the company’s success, no matter what the warning signs may be.”
Determined to find a treatment for this deadly affliction—sometimes also known as “the peril of the fixed mindset”—The Economist Intelligence Unit earlier this year interviewed 226 senior executives in hopes of discovering why some companies are so good at innovation while others, in spite of the very best intentions, are hopelessly woeful at it. (Survey respondents work at companies across the globe and in a wide range of industries; more than half of the companies have revenue of more than $500 million.
To read the original article: The Hunt for Innovation: 10 Strategic Insights - Forbes
