A manager’s personality has a direct influence on workforce engagement. Employee engagement predicts business success and competitive advantage. The opposite is true of low employee engagement. Leaders also have a profound effect on employee heath. This is clearly recognized by employees, 70% of which would take a 10% pay cut if their bosses would be fired. People quit their bosses not their organization. CEO Effectiveness helps top-tier leaders and executive consultants improve engagement, effectiveness and maybe health as well.
From Harter, Schmidt & Hayes, 2002