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: tips@thestreet.com. Follow TheStreet on Twitter and become a fan on Facebook.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll 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.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
