A study examined CEOs who were running high technology starts ups, and also CEOs who were running more established businesses. This study gave the CEOs surveys that measured their psychological states in terms of being hopeful, optimistic, and resilient. It found that

a. The hopeful, optimistic, and resilient CEOs scored higher on transformational leadership, which in turn increased firm performance two years later
b. Surprisingly, hope, optimism, and resiliency were not related to transformational leadership
c. Although hope, optimism and resiliency increased firm performance, transformational leadership did not increase firm performance
d. CEOs who were high on hope had lower firm performance due to their overly optimistic projections and market assumptions


a. The hopeful, optimistic, and resilient CEOs scored higher on transformational leadership, which in turn increased firm performance two years later

Business

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