Showing posts with label Leadership Failure. Show all posts
Showing posts with label Leadership Failure. Show all posts
Friday, May 18, 2012
John Edwards Rose and Fell in a Tale of Self-Admitted ‘Egotism’
"John Edwards campaigned for president with a tale of 'two Americas,' one rich, one poor, and vowed to bridge them. It turns out there also were two John Edwards."
Wednesday, June 16, 2010
How To Punish Leadership Negligence
"Disasters on the scale of the BP oil spill are bound to happen as long as we fail to hold business leaders to an appropriate standard, says author Michael Watkins."
Tuesday, May 26, 2009
GM's Long Road to Bankruptcy
"GM stood atop the Fortune 500 nine years ago; it now stands on the brink of bankruptcy court as sales decline and cash becomes scarce. Moreover, GM bondholders are intensely unhappy with the terms they were offered as part of a plan to avoid bankruptcy, so even though the United Auto Workers struck a deal with management on Thursday, bankruptcy still looms as the probable course. How did such a once great company become so desperate? Perhaps the better question is, how did GM's well-paid management fritter away a treasure chest of brand loyalty and corporate wealth? There's not a single bad decision or one misguided executive that we can point to and say, 'but for that GM would still rein supreme.' GM's is a long-term management failure with a litany of losing moves over the decades, from the Chevy Corvair to the acquisition of Hummer — a rolling insult to the environment — that have collectively destroyed GM's balance sheet and sent its customers wandering."
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