Do leaders decide on the spur?
Are making timely and effective ‘judgement calls’ crucial differentiators in leadership? They are, assert the authors. Boeing’s McNerney quickly made a judgement call to make a complete confession to the congressional committee on the misdeeds of his predecessor and scripted his own story based on transparency. AG Lafley of Procter & Gamble needed to make...
Why governments must intervene in the financial markets to keep a free-market in the real economy going
In mid-2008, when a whirlwind of credit crises hit the global economies, massive State intervention was needed to prop up the pillars of modern finance. Even as their institutions were kept afloat by taxpayers’ money, financial executives were found to have relentlessly lined their...
Was Alan Greenspan a serial bubble-blower with a history of bad decision-making?
There are two opinions about Alan Greenspan. One, that he was a brilliant central banker managing market expectations. This is exemplified by the book, Maestro, by Bob Woodward. The second view is that Greenspan didn’t know much about financial economics and was solely responsible for the dotcom bubble of...
