Scientists Studied the Daily Lives of 1,000 CEOs. Here's What the Best Ones Did

Absurdly Driven looks at the world of business with a skeptical eye and a firmly rooted tongue in cheek. 

I adore it when I read fine articles that tell me all great CEOs get up at 5 a.m., eat two boiled eggs, swim butterfly better than breast stroke and sleep only three hours a night.

You’d think, wouldn’t you, that at least some CEOs do things their own way because, somewhere deep inside, they’re still individuals.

Still, scientists need to find common traits upon which they can get grants and sell books. 

(Yes, of course I’m kidding. They need to make speeches too.)

I was moved, therefore, by a group of scientists from deeply venerable institutions such as Harvard Business School and one of my alma maters, the London School of Economics, opining on what makes a great CEO.

Writing in the Harvard Business Review, they explained that they examined the day-to-day lives of 1,000 CEOs, in order to understand whether boiled eggs really did have that much influence.

Yes, I made up that last part. 

I’m not, however, going to make up the conclusions from this study.

“Our evidence suggests that hands-on managerial CEOs are, on average, less effective than leaders who stay more high-level,” say the scientists.

I pause for your shock, your horror and your aghast grunts of glee.

It seems that the CEOs who didn’t meddle in every detail of every decision were, on the whole, a touch more successful that those who floated in the ether, said important things at the occasional company meeting and appeared a lot on CNBC.

I fear that there is no one formula. Any more than there is no one formula for losing in the MLB playoffs. Why, look at the Washington Nationals. They find different ways every time.

I worry, though, about this research.

You see, it “used machine learning to determine which differences in CEO behavior are most important.”

Ah. Oh. 

The algorithm was, apparently, agnostic. How odd. I generally find that algorithms tend to worship the God that created them.

Still, in the end the machines concluded that, in essence, some CEOs were down-in-the-dirt meddlers, while others enjoyed “relatively more interactions with C-suite executives, personal and virtual communications and planning, and meetings with a wide variety of internal functions and external stakeholders.”

The parts of the researchers’ conclusions I enjoyed most were their description of what CEOs did all day.

Many an employee would really like to know.

Well, CEOs spend 25 percent of their days alone. On the driving range, you might imagine. Or reading self-help books.

But here’s the part that made me reach hurriedly for a very fine glass of Cabernet Sauvignon: 10 percent of their days are spent on “personal matters.”

That’s not “personnel matters.” I can only guess it’s getting their hair coiffed and buying the odd yacht or two.

The researchers seem to lean the way of leaders — rather than managers — as the more successful CEOs. They do concede, however, that some businesses need a CEO who pokes their nose into everything. 

My own conclusion, then, is that the most successful CEOs are the ones who takes a look at a company and then realize the sort of CEO this company actually needs.

And then deliver on that insight.

I should add that, in my experience, some of the most successful CEOs have been the ones who knew how to negotiate themselves a vast payoff, just before the excreta sailed inexorably toward the fan.

But it all depends how you measure success. Naturally, these researchers tended to look at painful concepts such as productivity and profitability.

Leader CEOs seem to have engendered greater rises in productivity. 

Does that mean that people preferred to work for the leader type? I suspect so. They weren’t butting into their business so often, I imagine.

Tech

All the Best Photos From Pippa Middleton’s Stunning Wedding

Pippa Middleton is married! Kate Middleton’s younger sister tied the knot with her longtime boyfriend, financier James Matthews, in the UK on Saturday afternoon. Pippa, who looked breathtaking in her cap sleeved wedding gown, said “I do” at St. Mark’s Englefield in Berkshire. The reception is being held at Carole and Michael Middleton’s home in Bucklebury in their 18-acre garden.

Kate was on hand to escort her kids, Prince George and Princess Charlotte, who served as page boy and flower girl, into the church. And despite not being Pippa’s maid of honor, Kate still made sure to help her sister with her dress before the ceremony began. Prince William and Prince Harry, who brought girlfriend Meghan Markle, also shared a chat before heading into the church. See all of the stunning photos of Pippa and James’s big day below!

Source: http://feedproxy.google.com/~r/popsugar/~3/jPnjD50xhQM/Pippa-Middleton-Wedding-Pictures-43557696

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All the Best Photos From Pippa Middleton’s Stunning Wedding

Pippa Middleton is married! Kate Middleton’s younger sister tied the knot with her longtime boyfriend, financier James Matthews, in the UK on Saturday afternoon. Pippa, who looked breathtaking in her cap sleeved wedding gown, said “I do” at St. Mark’s Englefield in Berkshire. The reception is being held at Carole and Michael Middleton’s home in Bucklebury in their 18-acre garden.

Kate was on hand to escort her kids, Prince George and Princess Charlotte, who served as page boy and flower girl, into the church. And despite not being Pippa’s maid of honor, Kate still made sure to help her sister with her dress before the ceremony began. Prince William and Prince Harry, who brought girlfriend Meghan Markle, also shared a chat before heading into the church. See all of the stunning photos of Pippa and James’s big day below!

Source: http://feedproxy.google.com/~r/popsugar/~3/jPnjD50xhQM/Pippa-Middleton-Wedding-Pictures-43557696

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Adele Notches Best Sales Year Since Usher’s Confessions

In 2011, 21 moved more than 5.6 million copies in the U.S.
By Gil Kaufman

<P>The music industry has been stuck in a rut for nearly a decade. But every once in a while, it still manages to produce one of those unstoppable hit albums that give everyone that good old feeling. </P><P> </P><P></p><div class=”player-placeholder right” title=”Rolling in the Deep” id=”vid:604336″ width=”240″ height=”211″></div><p> </P><P> </P><P>This year’s model is <a href=”http://www.mtv.com/music/artist/adele/artist.jhtml”>Adele</a>’s <I>21</I>, which not only sold more copies than any other album in the U.S. in 2011 (more than 5.6 million to date), but which has also moved the most units of any artist since 2004. According to a <a href=”http://www.reuters.com/article/2011/12/27/us-adele-idUSTRE7BQ10V20111227″ target=”_blank”><I>Reuters</I> report</a>, those gaudy figures (which top 15 million worldwide) make the British songbird the first artist to cross the 5 million mark in one year since Usher did it with his fourth studio album, <I>Confessions</I>, which sold 7.9 million units more than seven years ago. </P><P> </P><P>And to think she did it by releasing just two mega singles, <a href=”/news/articles/1675976/adele-rolling-in-the-deep-best-song-2011.jhtml”>”Rolling in the Deep”</a> and “Someone Like You,” and barely touring North America due to <a href=”/news/articles/1674453/adele-throat-surgery-recovery.jhtml”>recurring vocal issues.</a>&#8232; </P><P> </P><P>There have been other big hits along the way to Adele’s mark, including Eminem selling more than 3.4 million copies of his comeback <I>Recovery</I> album last year and Taylor Swift taking the honors in 2009 with <I>Fearless</I>, which sold 3.2 million copies. But none have come as close to Usher’s mark in the interim. </P><P> </P><P>There doesn’t seem to be any chance Adele will be surpassed by the end of the year: The closest contenders are Lady Gaga’s <I>Born This Way</I> (2.08 million) and Michael Bubl&#233;’s <I>Christmas</I> (2.4 million). The other good news is that overall music sales are expected to be up slightly (3 percent) by the end of this year, marking the first time that’s happened since 2004.</p>

Related Artists

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  • Usher

Source:
http://www.mtv.com/news/articles/1676522/adele-usher-best-sales-record.jhtml

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IDG Contributor Network: Raspberry Pi Foundation announces the best return gift

The first Raspberry Pi device was released on February 29, 2012. Celebrating the fifth anniversary of the credit card sized, single-board computer, the Raspberry Pi Foundation has announced the perfect return gift: Raspberry Pi Zero W.

You guessed it right, the W in the name stands for “wireless.” This is a new version of Raspberry Pi Zero that comes with Wi-Fi and Bluetooth capabilities at a mere $ 10.

A few days ago, I spent $ 12 to get a Bluetooth dongle for my Xbox One. Here I am getting a full fledged computer with wireless capabilities for less than what I paid for the dongle.

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Adele Notches Best Sales Year Since Usher’s Confessions

In 2011, 21 moved more than 5.6 million copies in the U.S.
By Gil Kaufman

<P>The music industry has been stuck in a rut for nearly a decade. But every once in a while, it still manages to produce one of those unstoppable hit albums that give everyone that good old feeling. </P><P> </P><P></p><div class=”player-placeholder right” title=”Rolling in the Deep” id=”vid:604336″ width=”240″ height=”211″></div><p> </P><P> </P><P>This year’s model is <a href=”http://www.mtv.com/music/artist/adele/artist.jhtml”>Adele</a>’s <I>21</I>, which not only sold more copies than any other album in the U.S. in 2011 (more than 5.6 million to date), but which has also moved the most units of any artist since 2004. According to a <a href=”http://www.reuters.com/article/2011/12/27/us-adele-idUSTRE7BQ10V20111227″ target=”_blank”><I>Reuters</I> report</a>, those gaudy figures (which top 15 million worldwide) make the British songbird the first artist to cross the 5 million mark in one year since Usher did it with his fourth studio album, <I>Confessions</I>, which sold 7.9 million units more than seven years ago. </P><P> </P><P>And to think she did it by releasing just two mega singles, <a href=”/news/articles/1675976/adele-rolling-in-the-deep-best-song-2011.jhtml”>”Rolling in the Deep”</a> and “Someone Like You,” and barely touring North America due to <a href=”/news/articles/1674453/adele-throat-surgery-recovery.jhtml”>recurring vocal issues.</a>&#8232; </P><P> </P><P>There have been other big hits along the way to Adele’s mark, including Eminem selling more than 3.4 million copies of his comeback <I>Recovery</I> album last year and Taylor Swift taking the honors in 2009 with <I>Fearless</I>, which sold 3.2 million copies. But none have come as close to Usher’s mark in the interim. </P><P> </P><P>There doesn’t seem to be any chance Adele will be surpassed by the end of the year: The closest contenders are Lady Gaga’s <I>Born This Way</I> (2.08 million) and Michael Bubl&#233;’s <I>Christmas</I> (2.4 million). The other good news is that overall music sales are expected to be up slightly (3 percent) by the end of this year, marking the first time that’s happened since 2004.</p>

Related Artists

  • Adele
  • Usher

Source:
http://www.mtv.com/news/articles/1676522/adele-usher-best-sales-record.jhtml

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4 Best Practices to Maintain Restaurant Compliance with US Labor Laws…

Learn 4 best practices to maintain restaurant labor law compliance and avoid costly penalties from Ctuit Software employee and restaurant industry expert, Amanda Wilkening.

(PRWeb December 28, 2016)

Read the full story at http://www.prweb.com/releases/2016/12/prweb13946752.htm


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