In this episode we’ll try to answer some of the following questions and see what the authors Andreas & Paul have to say about these topics:
- What we can learn from the Inca’s when it comes the long-term survival of companies
- Why successful companies fail, despite them being market leaders in their respective industries
- What makes a successful CEO
- How the ego of CEOs can become a huge problem
- How the career progression of top managers can make it harder for them to stay grounded in reality
- How “Management by Walking Around” can help with this
- What the biggest mistakes are that are made during hiring processes
- and finally, what their top 3 recommendations are for CEOs that want to avoid a future decline of their company.
Links & Resources Mentioned
Links from the Episode
- The Illusion of Invincibility (Website)
- SBA GIRASSOL (Non-Profit supporting children and young people living in poverty in São Paulo, Brazil)
- Resource dependence theory
Articles from the Episode
- Why extrovert CEOs may be bad for business - Extroverts can be more prone to overconfidence and cause poorer financial performance, The Irish Times
- Der Mittelstand braucht keine digitale Transformation! (German)
- Why Companies Need to Eat Their Children A Comprehensive Guide to Disruption
Books from the Episode
- The Illusion of Invincibility, Andreas Krebs and Paul Williams
German: Die Illusion der Unbesiegbarkeit: Warum Manager nicht klüger sind als die Incas vor 500 Jahren
- Quiet: The Power of Introverts in a World That Can't Stop Talking, Susan Cain
German: Still: Die Kraft der Introvertierten
- Searching for a Corporate Savior: The Irrational Quest For Charismatic Ceos, Rakesh Khurana
- Stall Points, Matthew S. Olson
Studies from the Episode
- CEO Genome® project: The largest study of its kind revealed the 4 CEO behaviors
- CEO Extraversion and the Cost of Equity Capital, University of San Diego - School of Business; University of Washington - Foster School of Business; Foster School of Business; University of San Diego - Department of Accountancy
- How a CEO’s Personality Affects Their Company’s Stock Price, Harvard Business Review
- CEO Personality and Firm Policies, Harvard Business School, Working Paper
- Who emerges as a leader? Meta-analyses of individual differences as predictors of leadership emergence, ScienceDirect
- Andreas Krebs (Author)
- Paul Williams (Author)
- Susan Cain (American writer and lecturer, and author)
- Jeff Bezos
- James C. Collins (American researcher, author, speaker and consultant)
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This podcast looks at innovators and companies that are changing the game and how they took their initial idea and created a game-changing product or service, while giving you unique perspectives and insights you’ve probably haven’t heard elsewhere.
David and his guests discuss real-world practical advice on how to best harness the creativity of your employees and go from idea to product or service that has the potential to radically transform your business.
They also share lessons they’ve learned along the way to effectively accelerate, incubate and scale innovations within small, medium and large enterprises, all while separating hype from reality and replacing bullshit bingo with common sense.
The show is hosted by David C. Luna, author, keynote speaker and founder of GAMMA Digital & Beyond.
The Innovational Correctness Podcast by GAMMA Digital & Beyond, David C. Luna is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. Based on a work at gammabeyond.com/en/podcast/. Permissions beyond the scope of this license may be available by contacting us here.