A new study by University of Chicago suggests that tougher personality traits drive more success than traits like teamwork or flexibility.
The study detailed personal assessments of 313 CEO job candidates (225 were actually hired) whose performance drove the study’s conclusions. The data was collected by ghSmart, who does much of its work for private-equity investors, including Blackstone Group and Bain Capital. Then the professors at University of Chicago Business School compared the results to actual performance.
Here are top and bottom five traits that correlate most closely with business success at buyout companies:
Traits that matter…
- Persistence
- Attention to detail
- Efficiency
- Analytical skills
- Setting high standards
And those that matter least…
- Strong oral communication
- Teamwork
- Flexibility/adaptability
- Enthusiasm
- Listening skills
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