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Men and women take different risks: study
Calgary Herald: A growing number of studies suggest that having women in a company's boardroom and executive suites fundamentally changes a corporation's decision-making process - and can improve the balance sheet too. While this is usually attributed to the fact that women take fewer risks than men, a study published this month suggests the stereotype of women as cautious riskavoiders misses the mark. Bernd Figner, a scientist at the Center for Decision Sciences at Columbia Business School, who studies when and how people take risks, suggests women are every bit as likely to step outside their security zones as men - the two sexes just do so in different ways.
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Is Shape of CEO’s Face a Measure of Power?
U.S. News & World Report: The width of a CEO's face may predict how well a company performs, according to a new study. Researchers compared the photos of 55 male CEOs of Fortune 500 organizations with their companies' financial performance. The study included only men because previous research found that a link between face shape and behavior applies only to men. The firms of CEOs with wider faces, relative to face height, performed much better than businesses led by CEOs with narrower faces, said Elaine M. Wong, of the University of Wisconsin-Milwaukee and colleagues. Read the full story: U.S. News & World Report
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Shape of CEO’s Face Linked to Company Performance
LiveScience: The shape of a CEO's face can predict his company's financial performance, according to a new study in which researchers analyzed photos of 55 male chief executive officers of Fortune 500 businesses. The crucial feature: Facial width. Corporate leaders with faces that were wide relative to their length — such as Herb Kelleher, the former CEO of Southwest Airlines — tended to lead better-performing companies than CEOs with narrower faces, such as Dick Fuld, the long-faced final CEO of Lehman Brothers, the study found. Read the whole story: LiveScience
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Wide-faced CEO’s ‘better for their companies’
The Telegraph: Those whose chief executives have fat heads perform better financially than those whose leaders have long faces, according to a study to be published in the journal Psychological Science. Men wider faces tend to have higher testosterone levels, say researchers, making them more aggressive. This could explain the apparently bizarre link between face shape and company performance, they argue. Elaine Wong and colleagues from the University of Wisconsin-Milwaukee in the US looked at 55 Fortune 500 companies, analysing the structure of their chief executive's faces and financial performance indicators.
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Where Some Earn Enmity, Jobs Won Affection
The New York Times: Steven P. Jobs — domineering, short-tempered and anything but warm and fuzzy — has done something few business people in history have ever accomplished: engender genuine affection. His decision to step down as chief executive of Apple brought people to tears, inspired loving tributes to him on the Web and even had some adoring customers flocking to Apple stores on Thursday to share their sentiments with other fans of Macs, iPhones and iPads. “Through the mist in my eyes, I am having a tough time focusing on the screen of this computer,” wrote Om Malik, the prominent technology blogger.
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Four Loko Is Just Like The Copenhagen Philharmonic
Scientific American: It’s an ordinary afternoon at Copenhagen Central Station. At 2:32pm, a man who appears to be a run-of-the-mill street performer sets up a drum in the center of a large hall. A cellist joins him. A woman approaches with her flute. The melody is sort of recognizable… It sounds sort of like Ravel’s Bolero. Pretty cool jam session, right? Then the clarinet and bassoons and all the rest of the instruments start playing. People pull out their cell phones and record video. Fathers and children take a seat on the tile floor to listen. Mothers with strollers slow down to watch.
