Indexes - all Resources

“Lack of empathy” is at the root of narcissistic leaders’ hubristic behaviour, according to the first report from a range of research projects supported by the Daedalus Trust. “We wondered whether narcissists would be unwilling to apologize to their victims, thus exhibiting hubristic behaviour,” the researchers comment. “Narcissism is characterized by low levels of empathy. Low empathy is related to low levels of guilt, which in tu...

"…Today’s macho culture can only continue at the cost of rising conflict, health problems and increasing numbers of people facing a warped and debilitating existence.” Ray Williams, executive coach and author Psychology Today, 13 April 2016 “Global economic uncertainty and the spike in terrorism has created a resurgence of the populist attraction to authoritarianism and male “macho” leaders. This trend is evi...

“CEO humility has important implications for firm processes and outcomes.” Amy Y. Ou, National University of Singapore; David A. Waldman & Suzanne J. Peterson, Arizona State University. Journal of Management, 0149206315604187 Responding to rising interest in CEO humility, the authors examine whether and how humble CEOs relate to firm outcomes in this study. Building on upper echelons, power, and paradox theories, they h...

"Boards and executives should not abdicate from making the important choices." Andrew Hill ft.com/management 23 November 2015 “HBOS, the UK bank that was one of the biggest casualties of the credit crunch, used a list of traits to rate budding leaders. An executive with “HBOS DNA”, the list said, “believes the unbelievable and conveys to all around a real sense of heroic optimism”. “Now, a much-delayed repo...

"More companies are bringing in experts to scrutinize effectiveness of directors... Many U.S. corporate boards need help making hard decisions. Joann S. Lublin. Wall Street Journal 17 February 2015 Illustration: James Yang “Amid unprecedented pressure from investors, more boards are tapping outside experts so they can monitor management better and clean their own house. The legion of advisers—which some dub ...

A CEO all too aware of hubris and the damage she could inflict by becoming ’too powerful’: a company whose policies and practices seem designed to avoid a culture of hubris. Quy Huy, INSEAD Professor of Strategy and Director of the Strategy Execution Programme: Yidi Guo, INSEAD PhD Student in Strategy INSEAD Knowledge: Entrepreneurship 2 September, 2015

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“HBOS executives seem to have revelled in a self-perceived role as challengers to the big four, outsiders who dared to do things differently. Herald Scotland, 20 November 2015 Stephen Naysmith “Strong words feature in the two reports published into the collapse of HBOS in 2008, but will action follow? “…Some will argue that former executives should not be banned, but behind bars. This is excessive. There is no...

“The main consequence of the regulators’ costly and time-consuming inquiry into the £20.5bn collapse of HBOS is, wait for it: yet another costly and time-consuming inquiry. Caroline Binham and Emma Dunkley Ft.com, 19 November 2015. About 10 former senior managers and board members of HBOS - among them former chief executives James Crosby and Andy Hornby, and former chairman Lord Stevenson - may now face a further investigati...

"It was in this heady atmosphere that executives made the fateful decisions that led HBOS to expand unsustainably, leaving it hopelessly overstretched when the credit crunch struck. Tim Wallace The Telegraph, 21 November 2015 “It was June 2006 at the upmarket Gleneagles Hotel in Perthshire, and HBOS’s new chief executive was confidently predicting a golden future for the bank. “Tony Blair, George W Bush and Vladimir Putin had held...

“…narcissists eschew advice … because they think others are incompetent and because they fail to reduce their self-enhancement…” Edgar E. Kausel, University of Chile; Satoris S. Culbertson, Kansas State University; Pedro I. Leiva, University of Chile; Jerel E. Slaughter, University of Arizona; Alexander T. Jackson. Kansas State University Organizational Behavior and Human Decision Processes, 131, 33-50. ...