Exploring Leadership in the News with Steven Pearlstein and Raju Narisetti
Playing the blame game?
Although they now have record amounts of cash on their balance sheets, corporate executives have been reluctant to hire and invest, complaining loudly of a new "anti-business" attitude in Washington. Is this public criticism courageous business leadership or an abdication of personal and corporate responsibility?
Posted by Steve Pearlstein and Raju Narisetti on July 5, 2010 12:49 PM
Rather than accept any responsibility for generating our economic crisis or responding to government and taxpayers urgent requests to loosen up purse strings and display some of the optimism they profess to consumers, business leaders respond with complaints about 'anti-business' attitudes.
We are living in a period of great uncertainty. When business leaders feel that there is a good chance of a solid economic recovery, they will invest. We have been in business cycles before. This is not the 'end of the world'.
Posted by Marshall Goldsmith, on July 5, 2010 5:21 PM