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‘Not all successful CEOs are extroverts’

February 23rd, 2007 · 1 Comment

Here is an interesting article titled ‘Not all successful CEOs are extroverts’. As you probably have guessed from the title, it says lots of nice things about introverts. Yes, I am an introvert so I liked it. Below are some parts I found particularly interesting:

“It seems counter-intuitive, but introverts and closet introverts populate the highest corporate offices, so much so that four in 10 top executives test out to be introverts, a proportion only a little lower than the 50-50 split among the overall population age 40 and older.

There are many ingredients to success, and one of the most obvious has always been an outgoing, gregarious personality that lets fast risers stand out in a crowd of talent. But successful introverts seem to have mastered the ability to act like extroverts. Some liken it to an out-of-body experience that lets them watch themselves be temporarily unreserved. They remain introverts to the core, and if they don’t get down time alone or with family, they feel their energy being sapped.

The list of well-known corporate CEO introverts reads like a Who’s Who, starting with Gates, who has long been described as shy and unsocial, and who often goes off by himself to reflect. Others widely presumed to be introverts include Warren Buffett, Charles Schwab, movie magnate Steven Spielberg and Sara Lee CEO Brenda Barnes.”

…and…

“Former Sun Microsystems executive Jim Green, now CEO of Composite Software, has jogged the streets solo from London to New Zealand to recharge. SkyeTec CEO Chris Uhland was at a wedding recently where he snuck off by himself to watch golf on TV. His wife was not happy. Patricia Copeland, wife of former Deloitte Touche Tohmatsu CEO James Copeland, understands. She told USA TODAY three years ago that even at family get-togethers in Georgia, her husband will soon be found taking refuge in a book.”

…and…

“Research on introverts and extroverts in leadership goes back at least to World War II and the Myers-Briggs Type Indicator, a personality test now given to about 2 million people a year.

Introverts are not shy by definition, but they become drained by social encounters and need time alone to recharge. Extroverts, on the other hand, are energized when with people and find time alone to be draining. Extroverts typically have many friends. Introverts prefer to know a few people well, which fits many CEOs who often say that it’s lonely at the top and that they confide in a small circle of friends.

It’s not fully understood why some people are introverts and others extroverts. The ratio is changing over time. CPP (formerly Consulting Psychologists Press) is the publisher of the Myers-Briggs assessment and has testing data going back 50 years. It plans to release research showing younger generations are becoming increasingly extroverted. Those born before 1964, including baby boomers, are split about 50-50 between introversion and extroversion, but 59% of Generation X (born 1965-81) are extroverted, as are 62% of Millennials (born after 1981).”

…more…

“Jim Collins, in his 2001 bestseller Good to Great, was one of the first to dispel conventional wisdom that successful leaders climb to the top because they’re naturally outgoing. He found that the most successful companies rarely had so-called celebrity CEOs, but rather had CEOs who were self-effacing and humble to a fault. Charisma was a handicap, he concluded.

A study of 2,300 people in 12 industries released last week by Cleveland human resources firm PsyMax Solutions looked at “sociability,” or the ability to relate to others in a “highly-engaging, expressive and lively style,” says PsyMax CEO Wayne Nemeroff. Extroverts would score high in sociability. “They’re almost the same thing,” Nemeroff says.

The median sociability score for division heads and vice presidents was 72.2, slightly higher than the median score for all workers. But sociability among the 242 CEOs was much lower at 57.9, suggesting that if sociability leads to early success, it may be an impediment to those trying to take the last step up the ladder, Nemeroff says.

A separate PsyMax study of 240 presidents, CEOs and chief operating officers found creativity to be the one trait most common to highly successful executives. Past research, not associated with PsyMax, has shown introverts to be among the most creative people.

The sociability study also found scores vary widely by industry. Those in the insurance industry scored a median 78.8. Those in research and scientific industries scored a median 18.4.”

Tags: Media · Quote · Introvert

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