This year, there was a little of each. Arrogant chief executives, like the pair at the top of Research in Motion, Mike Lazaridis and Jim Balsillie, and of course Jon S. Corzine, late of MF Global. Complacent chiefs, like William C. Weldon at the bellwether Johnson & Johnson. And what of Reed Hastings, the much-maligned boss at Netflix? Chalk that up to his bumbling response to the forces of creative destruction at work.

via dealbook.nytimes.com