fromHarvard Business Review
1 week agoWhen Your CEO's Leadership Creates Chaos
When a CEO's leadership style creates more problems than it solves, organizational performance can suffer-sometimes dramatically. Research from McKinsey shows that up to 45% of a company's performance variation is directly tied to the effectiveness of its CEO. Gallup finds that managers and leaders account for 70% of the variance in employee engagement. In other words, when leadership goes wrong at the top, the consequences cascade quickly.