Don't Cast a Halo: Why Great CEOs Get Blamed for Bad Luck

Podcast: Fit Happens: Why CEOs and Leaders Succeed or Fail · Jason Baumgarten

Opublikowano: 2026-07-16

One stock price swing can turn the same leader from visionary genius to reckless failure overnight. In this solo episode, I break down the halo effect, the century-old psychology finding that one strong impression bleeds into every other judgment we make about a person, and outcome bias, our tendency to judge decisions by how they turned out rather than whether they were smart at the time. I walk through Edward Thorndike's original research, Phil Rosenzweig's work on corporate storytelling, and what this means for how we evaluate leaders, candidates, and even ourselves. Key takeaways: The...