Serving all of the University of Michigan from the Ross School of Business
Serving all of the University of Michigan from the Ross School of Business

The Promise and Peril of a Star CEO

boxcaradmin
October 24, 2018

Harvard Business Review October, 2018

Star CEOs can be good for companies, providing social proof that their firm is a high quality place and making it easier to attract capital and talent. But they can also be dangerous. The recent cases of Tesla, Papa John’s, and CBS exemplify this: all three companies benefitted from the brightness of their star CEOs. And then each company had to deal with expensive, distracting problems their star created.

Read more: https://hbr.org/2018/10/the-promise-and-peril-of-a-star-ceo