Leadership

Bank of America’s decision to strip CEO Ken Lewis of the Chairman title has made headlines, but does it really matter? Not so much. If they were serious about change, they would have appointed someone new as CEO while keeping Lewis as Chairman. Instead, it’s just more of the same—nothing truly groundbreaking. As we noted […]

The Public’s Bank of America? The situation surrounding Bank of America (BofA) and its merger with Merrill Lynch is a mess. While the media fixates on whether CEO Ken Lewis should be fired, the real question is whether this merger creates any value beyond Merrill’s recent earnings. Despite billions in losses, is this partnership even

Revamping to Nowhere: Citigroup’s Latest Board Shuffle Citigroup is giving its board a makeover under the watchful eye of Chairman Richard Parsons, the so-called “change agent.” Yawn. Stretch. Rub your eyes. Is this really the exciting shift that the financial world has been waiting for? The Nominee Slate: More of the Same? So, here’s the

Undeniable Truth: Leadership Beyond Rules In the midst of the endless debates over AIG bonuses and the ongoing mess within the banking sector, one undeniable truth stands out: You can’t mandate proper behavior. This simple yet powerful reality is often overlooked in the rush to fix problems with new laws, rules, or reforms. But no

Reality Check: Rethinking Career Management in Challenging Times There’s a lot of conventional wisdom floating around the career management world, and it’s time for a dose of reality—no matter how tough the job market may get. We’ve likely contributed to the noise ourselves, but that doesn’t mean we should buy into the same tired advice.

As we enter a new year, CEO turnover is picking up pace, with several major companies seeing shifts at the top. However, what often goes overlooked in these high-profile transitions is the way these decisions are made—and, more importantly, where they are made. At the heart of every executive departure lies a crucial element: trust

Introduction:Today is the highly anticipated day where the heads of major banks face Congress. The stakes are high. Will this be the moment that determines the future of the banking industry, or will it mark the point where the financial music dies? As we watch these banking executives testify, it’s impossible not to ask: Is

April Pointe: The Struggle with Language and Communication Language and its often-overlooked counterpart, communication, are truly a Catch-22. Never before has so much been said about their importance, yet never before have so many fallen short in mastering them. So, why is that? The first reason is clear: effective use of language isn’t something that’s

Hypocrisy Is Alive and Well It’s safe to assume that Don Imus and Steve Heyer aren’t exactly best friends. Imus, known for his controversial comments, needs little introduction, unless you’ve been living under a rock for the past week. Steve Heyer, on the other hand, is the former CEO of Starwood Hotels, who recently resigned

Dig Deeper: Leadership Under Attack Two major crises, but one common theme: business leadership under scrutiny. In one corner is David Neeleman, CEO of JetBlue Airlines. His company hit a major crisis on Valentine’s Day, which some have called the “Valentine’s Day Massacre.” The meltdown at JetBlue led to the term “We’ve been JetBlued” entering