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Financial Times: Lucky chief executives are on thin ice

FT management columnist Andrew Hill mentions a new study on misperceptions of luck in business. The study co-authored by Dr Mark de Rond, Reader in Strategy & Organisation at Cambridge Judge Business School, finds 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 [next.ft.com]