Frank Koller’s recently-released business book entitled Spark. How Old-Fashioned Values Drive a Twenty-First-Century Corporation: Lessons from Lincoln Electric’s Unique Guaranteed Employment Program explores a topic we seldom read about in today’s headlines – a public company that has been productive while staying true to the value of retaining its workforce through good times and bad. [...]
Entries Tagged as 'Leaders and leadership'
Getting a glimpse of the rare Guaranteed Employment Program
The environment for reputation: Optimism and the limits of reality
The past year has provided sharp lessons about the consequences of taking an overly optimistic view of financial risks. Reputation is a key element in understanding risks of several types, so it is worth considering how too much optimism affects the reputations of corporations and their leaders. A new book, Bright Sided: How the Relentless [...]
Reputation management steps for John Thain
ReputationPoint contributor, Franz Paasche, was asked by Business Insider columnist Lawrence Delevingne to weigh in on a discussion of steps former Merrill Lynch CEO John Thain could take to rebuild his reputation. Here’s a link to the article: http://www.businessinsider.com/a-rehabilitation-guide-for-john-thain-2009-10
Mistakes are for the fearless
One of the most demanded virtues of leaders in the public realm, be they politicians or corporate leaders, is consistency. Consistency is a preamble to trust. And trust is a prerequisite for a good reputation. Not a flawless reputation, there is no such thing, but one that is resilient and able to recover from incidents [...]
Maximum frankness
I was doing an intake last week with a prospective client that was due to bring some bad news to his organization. Well, let’s be honest, he was having to say to his employees that the future of their company held only two possible scenarios: a change of ownership, or the company being dissolved. What [...]
Beyond aphorisms – the embarrassment factor
The current plight of the U.K.’s leading parties as they muddle their way through the current expense claim scandal invites a stream of words to the wise: “Don’t do it if you wouldn’t want to read it on the front page of the New York Times“; “Sunlight is … the best disinfectant” or, a current [...]
Driving effective corporate governance in India
According to a recent poll of Indian business leaders by KPMG, a majority of Indian firms believe there is a need to evaluate the performance of board members on a regular basis, while 85% of respondents also believe that the CEO’s remuneration should be directly linked to performance. Moreover, 2 out of every 3 respondents [...]
“Spitzer turning to ethics work on corporate culture”
As a native New Yorker, the headline certainly caught my attention: could our former governor be redeeming himself and turning his notoriety to a nobler cause, recommitting himself to serve the public good? Alas, it was not to be; but it turned out to be a report of a far more intriguing endeavor by the [...]
No such thing as “personal” when it comes to CEO reputation?
What happens after big-name CEOs leave their jobs? Do their reputations recover over time if they are fired or leave under pressure? How should they re-enter the public dialogue? The ousting of GM’s long-time leader Rick Wagoner brings the question to mind, along with Monday’s Bloomberg TV interview of former HP CEO Carly Fiorina. (Both [...]
Managing corporate reputation in China
What are the risks and crises a company faces in its daily operations? How a company prevents and manages the risks and crises determines its viability and relevance in the fast-moving world of business. In practice, companies face many risks, and for that matter, opportunities, that are structural in nature. As a result, they must [...]