Common Denominators Among Successful Company Leaderships?

Say I was to choose the ASX universe of stocks. Say I was to exclude the big caps.

Any of the experienced types here notice any common features, that are checkable, among say the top 3-5 leadership positions in an ASX company, bearing in mind any common denominators might be very different for say a mining company versus a fin tech startup.

Examples of what one might look for:
– very high qualifications; all important people having PhDs, MBAs etc.
– a lower level of qualifications, going with a more practical mindset
– elite private school types
– more normal family backgrounds
– all or mostly men
– all or mostly women
– mostly young people
– mostly older people
– fatter people
– healthy people
– mostly native-born Australians
– a lot of overseas born people, giving insights to other markets and mindsets
– woke people
– not so woke people
– multiple brash alpha types
– more high in conscientiousness types
– does their apparent religiosity matter?

I’m not debating the moral rights and wrongs of these attributes. I also appreciate that for most non-big cap companies it’s VERY hard to answer such questions as public information can be quite limited. Simply wondering if any have observed any of them to be a safer bet over the long term. Leaving out other factors (and luck always plays a part in any human endeavour), where would my investment likely do better over 10-20 years? Obviously we are excluding the superstars – if you have one Gates, or Musk, or Buffett in charge the attributes of the rest don’t matter so much. But normally the team DOES matter. There’s probably some special combination of types that works best I’d say. (Which is not to say diversity simply for its own sake is best for the shareholder.)

At a simpler level, what do you like to see in the leadership, for the purpose of your enrichment, not whether you personally think them standup guys/gals overall? Does it depend on the industry sector?

 

Be the first to comment

Leave a Reply

Your email address will not be published.


*