Dr. Patsi Krakoff's Articles in Leadership

  • The Costs of Ego - Leadership Category
    Fifty-three percent of businesspeople estimate ego costs their company 6 to 15 percent of annual revenue; 21 percent say this cost ranges from 16 to 20 percent.

    That’s somewhat astonishing, considering “ego” is difficult to measure by any standards. But even if ego accounts for only 6 percent of revenue, the annual “cost of ego” would translate to nearly $1.1 billion to the average Fortune 500 company — roughly equal to the average annual profit of these same companies.

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