It’s Time for Abercrombie to Fill Its Corner Office

The no-CEO strategy may work for some companies, but the clothing firm doesn’t fit the profile. Investors fled Abercrombie & Fitch yesterday, causing the stock to plunge 20%, after the company reported lower sales and a downbeat outlook. This is where I would normally mention the CEO’s name in boldface, but I can’t — because…

Imagine if Donald Trump Knew How to Campaign

It’s not his policies that are setting him back. Just look at Brexit. Conventional wisdom holds that a “ceiling” prevents Donald Trump’s support from rising above a large minority of the electorate — that his strongly nativist, anti-trade, inward-looking policy positions will never appeal to a majority. I don’t buy it. If Trump doesn’t attract…

All of the Outrageous Details from Viacom’s CEO $72 Million Pay Out

  The SEC filing reveals all the details. Today I get to do one of my favorite things (really) which is reading a long, complicated SEC filing on CEO pay. And this one, filed yesterday, is a doozy, the filing that reveals the deal former Viacom CEO Philippe Dauman made with controlling shareholder Sumner Redstone…

What Hillary Clinton and Ryan Lochte Have In Common

Both violated basic rules of crisis management. The first rule of crisis management is “get it out and get it over.” Our case-study subjects are Hillary Clinton and Ryan Lochte, but this isn’t a nice, neat do-this-not-that situation. Neither did it right. But they did screw up in instructively different ways. The big news is…

Why Trump’s and Clinton’s Promises to Revive Manufacturing Are Cruel

Those jobs aren’t coming back because the world has changed. It’s painful to hear Hillary Clinton and Donald Trump promising voters that they’ll bring back the past. An event scheduled for this week that you’ll probably hear nothing about is a reminder of why such promises are wrong and cruel. Both nominees are explaining how…

Why Great Presidents Are Often Psychopaths

And this season, most of you are supporting a psychopath — and that’s okay. What do these presidents have in common? Theodore Roosevelt, Franklin Roosevelt, John F. Kennedy. When I saw that question posed by University of California Irvine neuroscientist James Fallon, my response was that they were the three most popular presidents of the…

Why Popular Bosses Aren’t Always Great Leaders

Even if everyone loves your decision doesn’t make it right. Or wise. Leadership is, among other things, doing what others are not doing, without knowing how it will turn out, but believing it’s for the best. That sounds noble; it isn’t always. In other words, leadership isn’t always good. Consider two men in the news…

Why VW Is In Deep Crisis — And GM Isn’t

A contrast in leadership. Two headlines this morning update my current favorite do-this-not-that study of leadership and culture. Here they are: “U.S. Said to Uncover Evidence of Criminal Acts in VW Probe” “Texas Judge Tosses GM Ignition-Switch Lawsuit” These two long-running stories are well known but the significance of the big-picture comparison is easy to…

Ignorant or Evil? The Questions Dogging Both Trump and Clinton

It underscores a major leadership problem. Venezuelan President Nicolás Maduro is an extreme example – a really, really extreme example – of a widespread leadership problem. As mobs storm grocery stores and bakeries to avoid starvation, infant mortality rockets because hospitals lack electricity and medicine, people risk and sometimes lose their lives trying to leave…