Advocating self-acknowledgement! Managers and leaders to acknowledge that they are not bullet-proof humans, and can do mistakes! Interesting reading by HBR. “When is the last time you said words like these to the people who work for you? “I don’t know.” “I was wrong.” “I’m sorry.” “Would you help...

“Let’s sit you down in front of a video camera and and ask a simple question: What is the biggest mistake a leader can make? What’s your answer? My initial response, after pondering the recent fates of  Tony Hayward, Mark Hurd and Gordon Brown, was this: The biggest mistake that can be made is to surrender humility (the greatest asset any leader can...

… Business needs more people like “juror number eight”. Mr Fonda’s character has the courage to question the rationale for important decisions—even if that means swimming against the tide. Poor decisions in risk management and a host of other areas have helped plunge many of the world’s largest banks and other financial outfits into a seemingly...