Enterprise Leaders, This Disaster Is In all probability Getting older You an Further 1.5 Years
Perhaps your life just got a little brighter this year amid all of the mistakes made by the # 2020challenge meme. The idea is perfectly captured by Reese Witherspoon’s much-shared entry, where she uses screenshots from her films to illustrate her decline over the year.
Many other celebrities also took up the challenge. I particularly like Oprah’s descent from screaming optimism to gray-haired despair and Leonardo Dicaprio’s transformation from Titanic youth to revenant growl.
Where do I go with this on a business owner website? These memes are entertaining, but they’re also accurate, according to a new study. Crises really age us faster, especially when you are in a position of authority.
According to a new discussion paper by the Center for Economic Policy Research, CEOs will be one and a half years longer in times of crisis.
This crisis really gives you more gray hair.
Co-authored by researchers Mark Borgschulte, Marius Guenzel, Canyao Liu, and Ulrike Malmendier and recently highlighted by Sarah Todd of Quartz, the study took several approaches to quantify what is going through tough times for those at the top of Company means.
First, they compiled data on 1,605 CEOs who ran large companies between 1975 and 1991. By looking at mortality data and comparing it to information that CEOs experienced major economic downturns in their industry during their tenure, the researchers found that they went through a crisis in old age for a CEO the equivalent of 1.4 additional years.
However, it wasn’t just health and economic data that showed the cost of leadership in a crisis. Photos too. The team fed 3,000 photos of CEOs into a machine learning program that estimated their ages and then compared their apparent age to their actual age. It turned out that the Great Recession caused a lot of gray hair. If a leading company had a major shock in 2008, it gained an extra year in apparent age, according to Computer.
This is just a discussion paper and has not yet been peer-reviewed, but it’s not too difficult to believe the researchers’ conclusions.
As Todd notes, “Given what scientists already know about how chronic stress appears to damage our telomeres – the part of the human chromosome that, when decreased, accelerates the aging process – it’s no surprise that it is taking a toll can be the boss. ” a person’s health. ”
What should you do about it?
This isn’t the happiest news for entrepreneurs struggling to keep their businesses alive during the current crisis. But perhaps these sobering insights are a helpful reminder of how harmful stress can be and a stimulus to prioritize activities that can help you cope. Science has documented a lot including:
2020 memes are funny, but crisis stress is not a joke. The sad truth is that your stress stays uncontrolled and you can even shave for more than a year of your life. Perhaps this will help you find the motivation to take a walk, talk to a loved one, or take a little break this year.
The opinions expressed by Inc.com columnists here are their own, not those of Inc.com.