The Importance of Context
The New York Post is reporting that Goldman Sachs is delaying its bonus announcement until after it reports earnings – and after the other big banks report theirs. The official party line is this:...
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When Policies Can Harm Your Reputation
Corporate America gets a bad rap for its tendency to over-regulate, and over-policy their employees to death. And in an era of WikiLeaks, whistle-blowing and a general need to CYA, a move to...
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Goldman Sachs – Vampire Squid or Snake Pit?
While it pales in comparison to Rolling Stone reporter Mike Taibbi’s famous description of Goldman Sachs as “a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood...
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The Oracle of Omaha Redux
What a difference a month makes. Last month Warren Buffett was praising David Sokol, his erstwhile successor who made a hasty departure amid the scent of an insider trading scandal, as a great guy...
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Can being too successful be bad for your reputation?
It’s earnings season, and despite the daily headlines about the recessionary economy, the earnings reports haven’t been all bad. Today, GM reported that it tripled its profits from last year. Whole...
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What every company should learn from Goldman Sachs
I’m sure the water coolers on Wall Street are buzzing over this piece, “Why I am Leaving Goldman Sachs,” which appeared in today’s New York Times. The world’s communal water cooler – Twitter –...
View ArticleManaging risk and reputation, without crushing your employees’ souls
Yesterday I wrote about the latest Goldman Sachs reputation issue, and made the statement that Reputation Begins at Home….what your employees think and do is more import than anything a Company...
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Chesapeake Energy CEO Gets Fracked
In the annals of corporate perks, Chesapeake Energy made the Top 10 list by allowing co-founder and CEO Aubrey McClendon to buy into 2.5 percent of every well the oil and gas company drilled. Even...
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Looking to improve your company’s reputation? Start with improving your culture.
Schadenfreude. That’s what a lot of people experienced earlier this year, when a mid-level equity derivatives trader used the editorial page of The New York Times to announce – quite publicly – his...
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