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Breakthrough innovation and the correlation with CEO backgrounds.

Breakthrough innovation and the correlation with CEO backgrounds.

Added about 1 year ago | As appeared first on https://hbr.org | Author: Felix Barber & Julia Bistrova

Innovation is widely regarded as important to long-term business performance. However, CEOs often don’t have the career background and education that would equip them to personally lead the process of new product development. We’ve found that CEOs of big pharmaceutical companies, for example, are more likely to have a background as company lawyers, salespeople, or finance managers, than one in medicine or pharmaceutical R&D

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