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LEADERSHIP IS A PROCESS OF SOCIAL INFLUENCE, WHICH MAXIMISES THE EFFORTS OF OTHERS TOWARDS THE ACHIEVEMENT OF A SHARED GOAL.
Sunday, June 19, 2011
A CEO's schedule is especially important to a firm's financial success, which raises a few questions: What do they do all day? Can they be more efficient time managers?
HBS professor Raffaella Sadun and colleagues set out to find some answers. Key concepts include:
•On average, some 85% of a CEO's time was spent working with other people, with only 15% spent working alone.
•The time CEOs spent with outsiders had no measurable impact on firm performance. But time spent with other people inside the company was strongly correlated with positive increases in productivity.
•In companies with stronger governance, CEOs spent more time with insiders and less time with outsiders, and at the same time were more productive.
•The research could help CEOs learn to be more productive.
For more, see: http://hbswk.hbs.edu/item/6665.html