Wednesday, July 09, 2008

Jamie Dimon

A fascinating interview with Jamie Dimon, CEO of Bear Stearns. There is some seemingly candid commentary on the acquisition of Bear Stearns that others have written about, BUT what really stands out to me is how Jamie is able to sit on and own the "high ground" across almost all topics from trade relations with China to the fire sale of Bear Stearns. If you watch the video at the 41 minutes and 38 second mark Charlie Rose asks Jamie what his responsibility is to his employees. Jamie says his responsibility it to (1) tell them the truth and to (2) provide opportunities by building a healthy company. Hard to argue with truth and opportunity, even when the truth means firing someone. Taking the high ground is such a powerful leadership technique. I don't mean to sound cynical here at all. I believe people will sniff you out immediately if you're not genuine about it. Sphere: Related Content

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