- Investors might actually respond better if a CEO is candid about flaws, a new working study from the University of Maryland found. The findings reveal that CEOswho show vulnerability are more likely to gain investors’ trust, even if they later share bad news like below-expectation forecasts and earnings. CEOs like Microsoft boss Satya Nadella have espoused the importance of opening up as part of their leadership philosophy.
When Uber CEO Dara Khosrowshahi left his post as chief executive of Expedia to take the helm of the rideshare giant, he left a candid message for his employees: “It’s with truly mixed feelings that I am writing this note to you today…This has been one of the toughest decisions of my life,” Khosrowshahi said in an email about his decision to leave Expedia.
