It's Official: CEOs Really Are Clueless

from the just-as-you-always-suspected dept

This probably won't surprise too many people, but a new study shows that, despite an outward appearance of confidence, CEOs often have no idea what they're doing -- and, at the same time, often don't really have that much of an impact on how a company performs. Obviously, they do have an impact on the big decisions, but there are so many other moving parts that a CEO often can't impact most of the factors that determine how successful a company is. Of course, at the same time, they can put in place the environment and infrastructure to support everyone to make success easier. No one ever said that the CEO should be the sole responsible person for success or failure -- but his or her goal should be to keep the whole company moving in the same direction and to provide the resources and environment necessary for the company to succeed.

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