Archive: July 19, 2009 - July 25, 2009
Most businesses are like large volunteer organizations: The best employees have lots of alternatives. The task of the leader is to win their hearts and minds to rally around a common vision, and no one outlines that task more clearly than Shakespeare.
By Robert Bruner | July 21, 2009; 2:38 PM ET | Comments (13)
Goldman Sachs CEO Lloyd Blankfein was one of the few CEOs who spoke out candidly about causes of the financial crisis. For his credibility, and that of his industry, he should demonstrate how "meaningful change and effective reform" are being applied.
By Benjamin W. Heineman, Jr. | July 21, 2009; 1:16 PM ET | Comments (0)
What if each major corporation "adopted" a nonprofit, leveraging its IT, logistics and marketing talent to serve a worthy cause? Integrating altruism into a core business model brings a proven competitive advantage.
By Robert Goodwin | July 21, 2009; 11:03 AM ET | Comments (3)
Nobody knows how to interpret what's happening in this next chapter of the uncharted economic drama we're now witnessing -- except our Teacher-In-Chief, who seems otherwise occupied.
By Alan M. Webber | July 21, 2009; 10:54 AM ET | Comments (13)
If banks and other financial institutions focus on service rather than making quick bucks, people are more likely to appreciate them and furthermore, they are more likely to prosper.
By Michael Maccoby | July 21, 2009; 10:48 AM ET | Comments (0)
It would be smart for bank leaders to announce that salary increases to the top-third salary earners be frozen until the banks show four consecutive quarters of profits.
By Warren Bennis | July 20, 2009; 2:32 PM ET | Comments (2)
The response of these companies' leaders has to begin with transparency. They should promptly volunteer information about how they're making their profits and how they plan to use them.
By Yash Gupta | July 20, 2009; 2:28 PM ET | Comments (1)
If they are no longer the problem, banks should become part of the solution by communicating lessons learned and keeping the struggles of their customers in mind.
By John H. Cochran, MD | July 20, 2009; 2:05 PM ET | Comments (0)
Bank leaders with a concern for country, and not just corporation, should thank workers, reign in risk and donate money either to charity or the Treasury.
By Mickey Edwards | July 20, 2009; 1:10 PM ET | Comments (1)
The heads of the healthiest financial institutions need to work with the U.S. government to ensure the U.S. does not find itself back in a similar meltdown in the years ahead.
By Bill George | July 20, 2009; 1:03 PM ET | Comments (1)
With the banks' financial deficit erased with federal assistance, now is the time for their executives to also erase an enormous leadership deficit.
By Michael Useem | July 20, 2009; 12:56 PM ET | Comments (0)
Why not use some of your creative world class financial skills to offer new products, services, and support for the middle class who are struggling with their mortgages, debt, or your failed investments?
By Andy Stern | July 20, 2009; 12:51 PM ET | Comments (1)