Marketplace Logo Donate

Daily business news and economic stories from Marketplace

How much does a good boss really matter?

Subscribe to our Newsletters

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.

What's Next

Latest Episodes From Our Shows

Listen
Jul 1, 2022
20:04
Listen
Jul 1, 2022
27:05
Listen
Jul 1, 2022
1:50
Listen
Jul 1, 2022
7:20
Listen
Jul 1, 2022
8:00
Listen
Jun 30, 2022
31:02
Listen
Jun 28, 2022
26:17
Exit mobile version