Financial Times: Hire unlucky leaders, they’re good value

Stefan Stern looks at the role luck plays in business and features a study co-authored by Mark de Rond, Reader in Strategy & Organisation at Cambridge Judge Business School. The study investigated luck and its impact on business and found that luck is often the determining factor in business success or failure, so management research and education should focus not on a “limited number of stars” but instead on more realistic performance goals. (subscription)

Read the full article [ft.com]