Ignore Warning Signs at Our Mutual Peril
This blog typically focuses on business leadership topics related to what I call organizational tangles. Today I focus on a different type of tangle, a Cascade Tangle, and one that might well ensnare us all. Cascade Tangles are a multi-system mess that like dominoes, result in a cascade of failure. The recent financial meltdown appears [...]
Return the AIG Bonuses–No Pay for Non-Performance
photo credit: Ryan Forsythe
This past Sunday, I was so upset about the AIGbonuses that I wrote a letter to the editors of the San Francisco Chronicle and New York Times. I received a call from the Chronicle’s editorial section on Monday, saying that they planned to run my letter. I am happy to [...]
What Hard Choices are Sabotaging Your Business Ethics?
Most professionals — doctors, lawyers, dentists, and psychologists – are regulated by a written code of ethics. These standards dictate minimum, not optimal standards for purely ethical behavior. For example, even though an attorney can represent both a husband and wife in drafting a marital settlement agreement, a highly ethical attorney would not consider [...]
Merrill Lynch’s Culture of Fear Led to Strangling Tangle
In today’s New York’s Times, Gretchen Morgenson recounts the rise and fall of Merrill Lynch. I read the article and said to myself, eureka, this is a Hush-Hush Tangle! According to my definition, a Hush Hush Tangle occurs when critical information is not shared, and lines of communication are cut off. Everyone knows that there [...]
