Saturday, February 9, 2013

The Daily Stat: Flattering the Boss Can Set Him Up for a Fall

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FEBRUARY 8, 2013
Flattering the Boss Can Set Him Up for a Fall
A 1-standard-deviation increase in the amount of flattery and ingratiating agreement that CEOs receive raises their likelihood of being fired by 64%, say Sun Hyun Park and James D. Westphal of the University of Michigan and Ithai Stern of Northwestern University. Flattery inflates leaders' opinions of their abilities and prevents them from making changes in the face of poor corporate performance. Over a 12-month period, colleagues and close subordinates admitted making an average of 3.64 statements to CEOs complimenting them in ways that slightly exaggerated the leaders' insight on strategic issues, the researchers say.
Source: Set Up for a Fall: The Insidious Effects of Flattery and Opinion Conformity Toward Corporate Leaders
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