The most highly rated leaders and managers have the highest levels of knowledge about their industry, according to a new study.
The research conducted by Zenger Folkman looked at 57,000 leaders and managers, measuring their technical and financial acumen and gathering data on how staff perceived them. Their results indicate that those with greater levels of knowledge were more highly regarded as managers and leaders.
This represents a shift from traditional management theory, which saw management skills as highly transferable and distinct from the industry to which they were applied.
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Source:: Strategy & Governance