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December 19, 2012
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VIP Corner: Video Insights Powered by Big Think 
  • Habits that can help you control your fate
      
    Big Think
    The world isn't predetermined, but neither is a land of chaos ruled by blind luck, says Tony Tjan, managing partner for Cue Ball Capital, in this Big Think video. The right approaches to optimistic thinking and relationship-building can help stack the odds in your favor. "You'll find yourself less contrived, you'll probably find yourself being more authentic, you'll probably feel that you have greater openness," Tjan says. SmartBrief/SmartBlog on Leadership (12/18) LinkedInFacebookTwitterGoogle+Email this Story

Leading Edge 
  • Meet the worst CEO of 2012
    Plenty of CEOs made big mistakes in 2012, from Zynga chief Mark Pincus to Chesapeake Energy's Aubrey McClendon, writes Sydney Finkelstein. Worst of the lot, though, was Best Buy's Brian Dunn, whose numerous strategic missteps were finally overshadowed by a career-ending sex scandal. "Under his tenure, Best Buy’s share price declined more than 30 percent, with much of that occurring in the last two weeks of his leadership," Finkelstein writes. The Washington Post (12/18) LinkedInFacebookTwitterGoogle+Email this Story
  • How to lead your team when tragedy strikes
    President Barack Obama offered real leadership in the aftermath of the Newtown, Conn., school shooting, writes Scott Eblin, both by making heartfelt public statements and by traveling to Connecticut to be with the victims' families. "There will be times, as a leader and as a human being, when words fail you," Eblin writes. "It's at those times that being there for those in need is all you can do." EblinGroup.com/Next Level Blog (12/18) LinkedInFacebookTwitterGoogle+Email this Story
Strategic Management 
  • Cerberus seeks to sell gun company after Newtown tragedy
    Cerberus Capital Management is looking to sell off its Freedom Group gun-manufacturing business in the aftermath of the Newtown, Conn., school shooting. The private equity firm had come under pressure from one of its major investors, a teachers' pension fund, and perhaps also from its founder, whose father is a Newtown resident. “It is apparent that the Sandy Hook [Elementary School] tragedy was a watershed event that has raised the national debate on gun control to an unprecedented level,” the firm said in a statement. The New York Times (tiered subscription model) (12/18), Bloomberg (12/18) LinkedInFacebookTwitterGoogle+Email this Story
  • How to reinvent the credit card industry
    Credit card companies consider responsible customers who pay their bills on time and avoid penalties to be "deadbeats," and focus on winning the business of less financially savvy customers. That creates an opening for a genuinely trustworthy credit card company that would incentivize responsible behavior and help customers manage their finances effectively, writes Don Peppers. Fast Company online (12/18) LinkedInFacebookTwitterGoogle+Email this Story
The Global Perspective 
  • Where ThyssenKrupp went wrong
    German industrial giant ThyssenKrupp has a serious culture problem, says CEO Heinrich Hiesinger. "Until recently there has been an understanding of leadership in which old-boy networks and blind loyalty were often more important than the success of the company," he explains. "It is obvious that a great deal has gone wrong in the past." The Wall Street Journal (12/18) LinkedInFacebookTwitterGoogle+Email this Story
Engage. Innovate. Discuss. 
  • Don't blame the economy for your company's failings
    Mismanagement, not the economy, is to blame for many American companies' failure to grow, according to a McKee Wallwork Cleveland study. Almost half of executives surveyed said their firm lacked a clear strategy, 7 in 10 said they suffered from analysis paralysis, and just 3 in 10 said they were able to effectively execute their strategic plans. SmartBrief/SmartBlog on Leadership (12/13) LinkedInFacebookTwitterGoogle+Email this Story
Daily Diversion 
  • It's the end of the world as we know it
    The world is due to end Dec. 21, according to one interpretation of the ancient Mayan calendar, and people around the world are preparing for the worst. A Chinese man has spent $160,000 building a functioning ark capable of surviving a global flood; an Ontario man is building a labyrinthine underground bunker system using dozens of decommissioned school buses; and a New England mom is stockpiling honey bees, which she expects to be adopted as currency once civilization collapses. MentalFloss.com (12/18) LinkedInFacebookTwitterGoogle+Email this Story
 
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SmartQuote 
All too often, glaring examples of business leadership gone wrong get pushed aside, tossed into the dustbin of history with little reflection on how others might avoid similar fates."
--Sydney Finkelstein, a professor at Dartmouth College, writing in the Washington Post
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