Professor Xu Jiang's research shows that agreeing with highly confident CEOs can be effective corporate governance
Board interference can zap the motivation of visionary CEOs and increase the likelihood a board-directed strategy will fail
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“Visionary” CEOs are confident about what’s best for their companies and how to achieve results. Think Steve Jobs or Elon Musk: These types of leaders are bold with their predictions and laser-focused on the fulfillment of their vision.
[This article has been reproduced with permission from Duke University's Fuqua School of Business. This piece originally appeared on Duke Fuqua Insights]