The impact of a better manager is strongest where it matters the most. A good boss seems capable of keeping the best employees happy and presumably productive. Conversely, a bad boss might drive away the best employees. The tidellus hoffman paper was published in 20 21 in the journal of political economy.
People who are good at their jobs routinely get promoted into bigger jobs they’re bad at. We explain why firms keep producing incompetent managers — and why that’s unlikely to change.