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Tyco

Comment on Political versus Corporate Leadership, Part II: Admitting Mistakes

Comment on Political versus Corporate Leadership, Part II: Admitting Mistakes My colleague Mike Mayor writes: So you’e only asking for politicians to be honest Matt? Is that all? 🙂 Couldn’t agree more on the CEO side. A CEO who cannot admit to failure is doomed to be surrounded by “yes men” and, therefore, must go it alone, whereas the CEO who admits to having the odd bad idea every now and then is more likely to get truthful and accuruate information from those around him/her. Which scenario would you prefer to base your next decision on? However, I look more to Hollywood for fostering the faux CEO/Board Room stereotypes, not politics. Look no further than the highest ranked show among…