A word to wise CEOs. When they ask you to come back from retirement and rescue the company, say no. People often hail returning CEOs as saviors, recalling Steve Jobs. The hard truth: Boomerang CEOs typically “end up being just OK.”
— Adapted from “The Comeback Conundrum,” James Surowiecki, The New Yorker.
A bit of advice. People hesitate to seek advice, says Alison Wood Brooks of Harvard Business School, but the truth is that those who ask for advice are perceived as more competent than those who do not. Plus, most people don’t follow advice because they think they know better, which they don’t. Bottom line: Take advice.
— Adapted from “Be Inquisitive at the Office, and Impress,” Phyllis Korkki, The New York Times.
An antidote to anarchy. It’s popular to flatten an organization’s hierarchy using leaderless, self-organizing teams. But companies led by co-CEOs, such as Deutsche Bank, often regret it. To some degree, flattened hierarchies are a sham: Zappos, a retailer that pioneered the concept, is actually run by its founder, Tony Hsieh.
— Adapted from “Schumpeter: The Trump in every leader,” The Economist.