Collins $(2005)$ was originally puzzled when one interviewee mentioned that luck played a major role in the transformation of his company. Collins later realized that this could be described more specifically by the idea that

a$.$

leaders claim good luck more often than originally thought.

b$.$

mentioning luck is a way to summarize the many variables that play into a leader$$s success.

c$.$

leaders do not claim good luck for successes, but they do blame failures on bad luck.

d$.$

leaders do not blame failures on bad luck, but they do claim good luck for successes.

e$.$

leaders humbly credit success on outside factors and blame failures on themselves.