John V. Faraci

Global Study Finds One-Third of Corporate Managers Lead With Fear, Approach to Leadership Costing $36 Billion In Productivity

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星期一, 十一月 6, 2023

NEW YORK, Nov. 6, 2023 /PRNewswire/ -- A new landmark global study found one-third of emerging corporate leaders in the U.S. are primarily motivated by fear, creating work environments that cost the economy $36 billion annually in lost productivity.

Key Points: 
  • These leaders lose 10 hours a week in productivity for their companies, equivalent to $28,750 a year per leader, or $36 billion annually.
  • "These findings are enormously consequential for global businesses," said Faraci, who brings 20 years of experience in leadership management in high-pressure industries like financial services and tech.
  • Faraci, informed by her extensive experience researching management trends and corporate leadership style, architected the study, which targeted managers ages 24 through 54, working in corporate offices with 500+ employees across the U.S., UK and Australia.
  • The study was conducted through Pollfish and captured 2,486 responses from August 25 through September 13, 2023.