A couple of years ago a group of management scholars from Yale and the University of Pittsburgh tried to discover if there was a link between a company's success and the personality of its boss. To work out what that personality was, they asked senior managers to score their bosses for such traits as an ability to communicate an exciting vision of the future or to stand as a good model for others to follow. When the data were analysed, the researchers found no evidence of a connection between how well a firm was doing and what its boss was like. As far as they could tell, a company could not be judged by its chief executive any better than a book could be judged by its cover.
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