Academic GIFt #3: Does CEO overconfidence always sink the ship?

In the new moving image series Academic GIFts from the University of St.Gallen scientific findings are illustrated in abridged format, artfully packaged and concisely explained. Check out the latest Academic GIFt by Charlotta Sirén and Barbara Burkhard from the Institute of Technology Management below:

 

 

How much self-confidence do leaders need to successfully manage their companies? Prof. Dr. Charlotta Sirén, Assistant Professor for Strategic Entrepreneurship, shows that CEO overconfidence can also have a positive impact on company performance - especially when innovation is the strategic priority of the company. The study was conducted together with Barbara Burkhard and Prof. Dr. Dietmar Grichnik from the Institute of Technology Management and Marc van Essen, University of South Carolina.