There are a handful or studies that have explored the relationship between CEO performance and positive psychology. Starting with broad perspective. investigate when executives view organizational crises as opportunities. stating"crises have the potential to be a catalyst for positive organizational change" Focusing on when executives transition from framing a crisis as a threat versus an opportunity, Brockner and James argue that in a crisis, decision makers tend to tighten control and rely on traditional ways of thinking about problem solving, in order to reduce the uncertainty that accompanies a crisis. Traditional ways of thinking, include viewing a crisis as a threat and responding by restricting, activities for example, enacting cost-cutting measures. They propose that executives who are willing to engage in refection and learning are more inclined to view organizational crises as opportunities to enact positive change.
investigate the relationship between CEO positive psychological traits and transformational leadership. authors adopt a PCB approach, exploring the concepts of hope, optimism, and resiliency. Their research illustrates that CEOs rated as more hopeful, optimistic, and resilient are also rated (both in self-ratings and the ratings of their followers) as engaging, in more transformational leadership behaviors. According to their research. the key constructs of hope. optimism, and resiliency are similar but distinguishable. Thus, we will examine these concepts in greater detail.