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How much does a good boss really matter?
It’s harder than you’d think to measure the value of a boss. But some enterprising economists have done just that -- and the news is good.
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It’s harder than you’d think to measure the value of a boss. But some enterprising economists have done just that -- and the news is good.
The Stanford economist Edward Lazear, with his co-authors Kathryn Shaw and Christopher Stanton, analyzed data from a company that has 23,000 employees and 2,000 bosses. From this data, they were able to track individual bosses and see how much a good boss can improve productivity. Their answer: about 10 percent.
Lazear also talks about one of his old bosses -- President George W. Bush -- and we hear from another boss who tells us that humility and a sense of humor are among the most valuable things a boss can offer.
It matters a lot, since attitude of employees depends on the behavior of the boss. If he has appreciating nature about the employers then definitely he will get more work done from employers. http://www.olea.com.au
I think it matters a lot. I had bad bosses and horrible ones too. The bad ones were tolerable and had some positive qualities that might helped at the beginning of the working relationship. The horrible ones fire me! With no knowledge of my job or regard for the quality my work, they just got rid of me and a bunch of my colleagues.
I believe that it depends on the definition of a bad or horrible boss; some might be nice to you but don't do the work; some bosses might care about the company but not for his or her subordinates; some might do not care about anything but themselves. I guess productivity is affected at different levels depending on the kid of bad boss you experienced.
