If you’ve ever worked in a place where the boss happened to show up in a grumpy mood and brought the whole organization down, you’ll understand the findings of a new study from an American university on the personality of CEOs and the corporate culture that results from it.
The notion of corporate culture is a difficult one to understand or define but it is gaining in importance in the minds of analysts who are ranking the investment quality of this corporate stock versus that one.
A piece in the online publication Strategy + Business examines a new study from Stanford that shows how a CEO’s personality shapes that of the business they lead.
Curious leaders tend to create companies that encourage new ideas or challenge the status quo. The hard working or disciplined CEO fosters an analytical culture that rewards attention to detail. Less agreeable, competitive CEOs create companies that prize profit about all else.
Writer Matt Palmquist noted getting a couple of those traits at once – discipline and openness – resulted in higher revenues and a stronger market valuation.