Everyone can 'shine'!
Wednesday, July 04, 2012
Positive Leadership: The Path to Peak Performance
Everyone can 'shine'!
Positive Leadership: Barclays, Values and Integrity
Positive Leadership: Leadership Lessons from the Barclays Scandal
In advance of today’s UK Treasury Select Committee hearing
and the expected further fall-out from the Barclays scandal, we believe there
is value in stepping back and thinking about the key leadership lessons
emerging so far.
According to the Financial Times, Bob Diamond (ex Barclays
CEO) gave a lecture last year in which he stressed the importance of culture in
establishing an ethos of trust and integrity. “Culture is difficult to define,”
he explained, “but for me the evidence of culture is how people behave when no
one is watching.”
In our view, recent events highlight three significant
leadership lessons, which have broad impact:
• As well
as developing good leaders, Boards need to focus on stopping, or at least
slowing down, bad leaders.
• Stakeholders
should beware of the superstar CEO. Often, he gets a great deal of press
attention, he writes a book, his remuneration goes up, but the performance of
his company ultimately goes down.
• It is
important to focus on a leader’s character attributes when hiring and
understand how he copes when faced with high-stress situations.
The framework provided by our Values of Positive Leadership™
offers a solution to these challenges.
Such an approach enables business strategy and corporate transactions to
be executed successfully, thereby delivering optimum results in situations of
high pressure.
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