2% lower re…at Harvard, Stanford and the University of Chicago and published by the National Bureau of Economic Research suggests we might have been looking at our leaders all wrong. In their study of 4,591 CEOs, they found that companies run by introverted CEOs outperformed their peers. In fact, publicly traded companies run by extroverts averaged a 2% lower return on assets.
Part of the problem is that people confuse “introversion” with “people skills.” Why would researchers be any different?
Introvert: People drain me. I need to be alone to refuel.
Extrovert: Being alone drains me. I need people to refuel.
As you point out, the real barometer in management is performance.
As companies are starting to realize, introversion/extroversion isn’t the correct barometer to measure ability to perform.