New research suggests that people tend to be overconfident in their ability to handle unknown situations, which has implications for business and entrepreneurship. A team of international researchers has shared findings on what they describe as overconfident behaviour, which can lead to negative outcomes in business and personal decision-making. Professor Mohammed Abdellaoui, lead researcher and professor at HEC Paris, and colleagues including Han Bleichrodt from the University of Alicante, Spain, and Cédric Gutierrez from Bocconi University in Italy, revealed that our own attitudes to uncertainty play a role in how we assess our own abilities. More →

Leaders who are not present during a time of organisational crisis increase workers’ stress levels and the likelihood of them burning out, according to new research from a number of UK business schools, including Durham University Business School. The researchers show that when leaders are absent it creates a more toxic workplace, turning workers against management, as well as increasing workers’ stress, levels of absence and even turnover. More →

While a large body of previous research suggests that workers who express anger are judged to be competent and hold a high status—resulting in more power and money—a new study by Hebrew University of Jerusalem (HU) and Princeton University researchers debunks this consensus. In a new study published in Frontiers in Social Psychology, the researchers revisited these claims in U.S. experiments using similar methods as in previous work. In four preregistered, robust studies, the researchers revisited the paradigms that tested whether expressing anger could help a worker gain status in the workplace. Specifically, they asked: do workers gain status when they express anger? Is anger perceived to be a signal of competence? And at the most basic level: do others like anger in the workplace? More →

Research from ClickUp claims to reveal the crucial role that middle managers play in driving productivity. The study found that 81 percent of knowledge workers who responded to the survey think that middle managers, defined as those below top level management and typically in charge of departments or groups, are the people most responsible for driving team productivity, with 68 percent rating the middle managers they work with as very or extremely effective. More →

Long-serving non-executive directors (NEDs) who can’t wean themselves off the social status attached to belonging to the corporate board are failing shareholders and damaging the companies they are meant to serve, new research from the University of Bath and Queensland University of Technology suggests. Board members who exceed their tenure are putting the identity and self-worth they gain from being a director ahead of their duty to shareholders, compromising board renewal and its financial and strategic performance. More →

UK businesses are hopeful for 2024 according to new research from Pleo. The CFO’s Playbook for 2024, which polled over +500 UK financial decision makers, found that almost 50 percent of UK businesses believe 2024 will be “easier” than 2023 (vs. 35 percent believing it will be harder and 15 percent anticipating that it will be the same as last year). As such, with a waning concern around inflation – a 20 percent decrease since 2023 –  businesses are targeting more ambitious goals. Nearly three quarters are prioritising cash growth, and while this was also the primary objective of businesses last year, findings show a 163 percent increase in British businesses focussed on this ambition. More →

Narcissistic leaders are bad for share value, unless they are seen to stimulate innovation and growth at companies suffering from corporate inertia, according to research which analysed how CEO narcissism affects stock recommendations from securities analysts. The study by Nottingham Business School (UK), Middle Tennessee State University (US), and the University of Leeds (UK) is the first to explore the relationship between CEOs who are linked to excessive risk taking and their value to a company. The paper “Chief executive officer narcissism, corporate inertia, and securities analysts’ stock recommendations” has been published in the journal Strategic Organisation. More →

A new poll from O.C. Tanner claims that less than half of UK leaders (47 per cent) take their employees into account when deciding to enact business-wide changes. And just 44 per cent of UK senior leaders seek employee opinions as changes are rolled-out. These are the findings from O.C. Tanner’s 2024 Global Culture Report which gathered data and insights from more than 42,000 employees, leaders, HR practitioners, and executives from 27 countries worldwide including 4,818 from the UK. More →