Wall Street

Top 4 Reasons Why MBAs are the Worst Leaders

Bad Leaders or GoodHave you ever been surprised when people react to something you said or did? Have you ever said something funny (at least you thought so) only to have nobody laugh? Sure, we all have.  Well, I sure was surprised by the many comments and tweets to my post Why MBAs are the Worst Leaders. It was way more than what I expected. I suspect this post will garner even greater attention and tweets.

The response was so diverse and opinionated that I began to ask myself, is there a common thread to make sense of all of this emotional energy? Not sure if it means anything but most of the reaction was from people agreeing that employee engagement and leadership skills were poor in MBAs. Many people took the time to write first-hand stories of their experiences.   Continue reading

How Wall Street Ruins Employee Engagement

It’s Friday afternoon at 4:45pm, two weeks before Christmas, and you get the call, “let 10 people go on Monday, we need to meet our quarterly financial projections.”

If you received this call, knowing it’s the holiday season, what would you do? You would do what you have to do, wouldn’t you. That is what my friend Will did when he received this call the other day. The company he works for has over 600 locations nationwide.

Just think about the savings in payroll that can be added to the bottom line over the 3 week period before the end of the year. That’s exactly what the corporate leadership team thought. But what cost does this type of thinking have on long-term employee engagement? Continue reading

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