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Exploring Leadership in the News with Steven Pearlstein and Raju Narisetti

THE QUESTION

BP, Dell, Wall Street: Where have the corporate heroes gone?

Tony Hayward, once credited for BP's "green" turnaround, is forced to resign in disgrace. Michael Dell, the revolutionary high-tech entrepreneur, is sanctioned for misleading investors. Wall Street titans, once lionized, are now reviled. Where have all the CEO heroes gone?

Posted by Steve Pearlstein and Raju Narisetti on July 26, 2010 1:56 PM
FROM THE PANEL

Our 'shut-eye' corporate sentries

Like Ken Lay before him, Tony Hayward's failing was not simply his myopia or cupidity or incompetence. It was his inability to create a company culture open to reality.

Posted by Warren Bennis, on July 28, 2010 6:00 PM

Don't let a few bad apples spoil the bunch

CEO heroes exist all around us. Somehow America has forgotten that our vibrant economy, the mass majority of our jobs, and the products we use every day are a result of strong business leadership.

Posted by Amy M. Wilkinson, on July 28, 2010 11:19 AM
Marshall Goldsmith

Heroes and villians have always been there

Great leaders, and terrible leaders have been with us throughout our history. Some things never change.

Posted by Marshall Goldsmith, on July 28, 2010 9:47 AM
Robert Goodwin

What would JP Morgan do?

In crisis, true heroes realize that their interests are inexorably tied to those of the people that depend on them.

Posted by Robert Goodwin, on July 28, 2010 7:15 AM

Neither heroes nor villians

CEOs are human beings who have a very big job, and who, in order to do that job well, need and deserve the support of their leadership team, their board, their family, and a host of other stakeholders. They do not need to be put on a pedestal.

Posted by Erika James, on July 27, 2010 11:20 AM

Fragile reputations

Even in difficult times there are CEOs who have managed to stay on their slippery pedestals.

Posted by Michael Maccoby, on July 27, 2010 11:00 AM
Slade Gorton

CEOs get booed when they lose too

Soon, we hope, a handful of CEOs will begin to invest and to hire and we'll have heroes again, however briefly.

Posted by Slade Gorton, on July 27, 2010 10:46 AM

Out with the hero label, in with a lunch bucket attitude

Leadership, like character, is what you do when the choices are hard. When things are booming, it can be fun to grow the business, introducing new products and services, hiring new employees, and reaping strong profits. Tough times mean facilities closings, layoffs, and bearish earnings.

Posted by John Baldoni, on July 27, 2010 10:37 AM

The heroes of Omaha Beach

Sitting on Omaha Beach today, it's hard for me to put the words "corporate hero" together.

Posted by Lt. Col. Todd Henshaw (Ret.), on July 26, 2010 4:32 PM

Needed: SuperHUMANS not superheroes

Taking BP out of the whole it dug itself into will require a leader who's part experienced oil & gas executive, part government relations specialist, part statesman, part crisis manager, part credible spokesperson, part cheerleader, part trusted coach.

Posted by Angel Cabrera, on July 26, 2010 4:15 PM

Meet today's corporate heroes

It's time to focus more on the successes of CEOs who are making a positive difference and less on individual failures.

Posted by Bill George, on July 26, 2010 3:55 PM
Sir Andrew Likierman

Uncritical admiration of a 5-year-old

When asked about the quality he wanted most in his generals, Napoleon replied, "Luck."

Posted by Sir Andrew Likierman, on July 26, 2010 2:49 PM

Best heroes are the quietest

I don't think we lack any CEO heroes. But I suspect that the true heroes are largely unsung, and prefer to remain that way.

Posted by Howard Gardner, on July 26, 2010 2:44 PM

Need a hero? Check out DaVita's Kent Thiry

How do we know a business hero when we see one? When we see CEOs who understand the powerful connection between human values and economic value.

Posted by William C. Taylor, on July 26, 2010 2:28 PM

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FEATURED COMMENTS

ccs53: "Corporate heroes" is an oxymoron if I ever heard one....

dennyc: I could do without heroes if we could have some more ordinary, but steady, competence. Things like running an automobile company, banking, ...

braunt: Since when have we ever "lionized" the corporate giants in this country? We have hurled invective at successful businessmen from before the...

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