Steve Bennett, former CEO of Intuit and an old friend of mine, says, “People who manage for the short term to get promoted lose credibility because everyone knows what they are doing.”
The Emperor has clothes, but they are transparent.
The “little engine” of their ambition is visible to all.
Bennett says, “They focus on their promotion rather than stewardship, and their ‘brand’ suffers.”
Cost-cutting is a necessary component, even a fixation, for leaders who are interested in succeeding. But there must be other “fixations.” Any fool with an HR staff of “button people” and a perceived mandate can lead a “Sherman’s march” through a business, burning and pillaging and piling up the ...