„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.“Continue readingIs it all about luck? What makes companies and its leaders successful.
The role of a CEO seems clear: one person who is responsible for the success or failure of an entire organization – the ultimate decision maker. For many years, this model seemed to be the only option to ensure business success. In recent years this has changed. Dynamic markets, the need for agility, and an increasingly diverse workforce have forced organizations to rethink their leadership approach. As a result, more and more companies have begun to implement a rotating CEO.Continue readingLeadership rethought: Presenting the idea of the rotating CEO