Humble Bosses Are More Effective, Study Finds
NEW YORK (MainStreet) -- Some employers may like to rule with an iron fist, but a study suggests humble bosses are actually more effective.
Researchers at the University at Buffalo, State University of New York surveyed 16 CEOs, 20 midlevel leaders and 19 front-line leaders to determine whether humility played an active role in a manager's effectiveness.
|A study suggests humble bosses are actually more effective.|
According to the study's findings, the leaders of all ranks said admitting mistakes, spotlighting follower strengths and modeling teachability led to bosses being more liked and ultimately more successful in the workplace.
"Leaders who can overcome their fears and broadcast their feelings as they work through the messy internal growth process will be viewed more favorably by their followers," Bradley Owens, assistant professor of organization and human resources at the University at Buffalo School of Management, said in a press release. "They also will legitimize their followers' own growth journeys and will have higher-performing organizations."The study did find, however, that not all humble leaders are created equal. Researchers said that while humility was unquestionably beneficial to male employers, female employers had to walk a fine line because being to humble could result in their competence being called into question. "Our results suggest that female leaders often experience a 'double bind,'" Owens says. "They are expected to be strong leaders and humble females at the same time." The study isn't the first to suggest hardcore management isn't the way to go. Several interviews with human resource consultants conducted by The Associated Press in October found that taking time to talk with your staff and listen to their concerns will go a long way toward helping you keep them. A follow-up study by the University at Buffalo set to be released in Organization Science next year using data from more than 700 employees and 218 leaders confirmed the original study's results. >To submit a news tip, email: email@example.com. Follow TheStreet on Twitter and become a fan on Facebook.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV