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THINKING, FAST & SLOW (DANIEL KAHNEMAN) - Listening books

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CHAPTER

The Importance of Leaders and Management Practices

The illusion that one has understood the past feeds the further illusion that one can predict and control the future. A few lucky gambles can crown a reckless leader with a halo of prescience and boldness. CEOs do influence performance, but the effects are much smaller than a reading of the business press suggests. Researchers measure the strength of relationships by a correlation coefficient, which varies between zero and one.

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