{"id":4463,"date":"2012-05-29T09:00:05","date_gmt":"2012-05-29T13:00:05","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=4463"},"modified":"2012-05-29T04:33:06","modified_gmt":"2012-05-29T08:33:06","slug":"are-military-ceos-better-business-leaders","status":"publish","type":"post","link":"http:\/\/www.Centives.net\/S\/2012\/are-military-ceos-better-business-leaders\/","title":{"rendered":"Are Military CEOs Better Business Leaders?"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2012\/05\/052912_0807_AreMilitary1.jpg\" alt=\"\" width=\"640\" height=\"504\" \/><\/p>\n<p>A lot of contemporary research focuses on how the identity of the CEO affects the direction of a company, writes L.V. Anderson. What do researchers have to say about military CEOs? Highlights of the report include:<\/p>\n<ul>\n<li>Between 1980 and 2006 30% of CEOs in America&#8217;s top companies had some experience with the military. This was primarily because of the draft and the Vietnam and Korean wars.<\/li>\n<li>Military CEOs are only half as likely to engage in fraud when compared to non-military experience CEOs. This is especially true when pressure is highest and industry profitability is lowest. Civilian CEOs are almost five times more likely to doctor the books then.<\/li>\n<li>In general companies with military CEOs perform better during harsh economic times.<\/li>\n<li>However military CEOs perform worse when economic times are good.<\/li>\n<li>This is perhaps because they are less risk-taking, which, while creating stability, means that they don&#8217;t capitalize on opportunities when they come.<\/li>\n<li>Military CEOs spent up to 20% less on R&amp;D than their civilian counterparts.<\/li>\n<li>On balance, if you consider both the good and bad years, military CEOs perform slightly worse than civilian ones.<\/li>\n<\/ul>\n<p>To read many more details including why fraud might just be a burden that society has to bear, the merits of having an MBA, the methodology of the study, some famous case studies, and what business schools should try to foster, click <a href=\"http:\/\/www.slate.com\/articles\/business\/the_dismal_science\/2012\/05\/ceos_who_served_in_the_military_are_they_more_honest_.html\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.slate.com\/articles\/business\/the_dismal_science\/2012\/05\/ceos_who_served_in_the_military_are_they_more_honest_.html\">Slate<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A lot of contemporary research focuses on how the identity of the CEO affects the direction of a company, writes L.V. Anderson. What do researchers have to say about military CEOs? Highlights of the report include: Between 1980 and 2006 30% of CEOs in America&#8217;s top companies had some experience with the military. This was [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4462,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4463","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2012\/05\/052912_0807_AreMilitary1.jpg","_links":{"self":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/4463","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=4463"}],"version-history":[{"count":4,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/4463\/revisions"}],"predecessor-version":[{"id":4469,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/4463\/revisions\/4469"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/4462"}],"wp:attachment":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=4463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=4463"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=4463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}