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Companion Channel EpisodesLeadership

Is it all about luck? What makes companies and its leaders successful.

„IS IT ALL ABOUT LUCK? A CEO‘s contribution to a company‘s success varies between 4 and 5 percent; the share of luck in a CEO’s performance as up to 40 %. BioNTech’s founders discovered at the right moment that the mRNA molecule they had been working on in a different research context could be effective for vaccine use in COVID 19; thus bringing the first Corona vaccine to market. If we understand that the fate of a company is only to a small extent in the hands of the ability of leaders, we value skills other than the supposed wisdom and foresight of the lonely heroe at the top.“

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