These Are the Days of Lasers in the Jungle...
A ccording to a study from the INFORMS journal Management Science , the more golf a CEO plays, the less money they bring in that year. Still, it’s promoted as the “ ultimate business tool ”, and 90 per cent of Fortune 500 CEOs are avid golfers. Blogs from sites like “Entrepreneur” and online magazines like Forbes tout the networking virtues of the so-called sport, and any boomer above a certain tax bracket will spout some bullshit about the firmness of your opponent’s handshake. Sure, there are stories. Pam Am’s Juan Trippe and Bill Allen of Boeing used to strike deals on the course because they enjoyed the privacy it provided. That was a long time ago. In the digital age, one imagines it’s a lot more difficult to give a presentation on the fairway. Golf culture was certainly a trope of the 90s. The first half of the decade saw the rise of IBM, Cisco and Microsoft along with one of the most sustained periods of economic growth in U.S. history, and all three of those companies’ CEOs
