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After Trust Is Broken

After Trust Is Broken

The economic crisis from which we are still emerging left a string of victims in its wake. One of them was trust in the financial industry and, let’s face it, trust is a crucial element when people are thinking about investing money. The culture at McKinsey & Company, a large international financial consulting company, was based from the beginning on values and trust. And then the scandals – and subsequent arrests and convictions – of former McKinsey managing directors rocked the company to its core.
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Health Care in the Long Term

Health Care in the Long Term

A lot of attention has been paid to health insurance now that the Affordable Care Act is the law of the land. And regardless of where you stand on the law, the idea of more people having health insurance – thus spreading the risk pool – is a good one.
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You Have to Accentuate the Positive

You Have to Accentuate the Positive

Recently I wrote two posts on the dropping percentage of people who trust their fellow citizens. And one of the hardest hit areas for trust is the workplace. Employees don’t trust their leaders and they often have little reason to do so. Business leaders are in crisis mode
Filed in: Other
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When Failure Is an Option

When Failure Is an Option

Over the past few years we’ve started to consider the role of failure in our lives – both personal and career – from a different perspective. We’ve gone beyond the tried-and-true “Failure is not an option,” to Dilbert creator Scott Adams’ How to Fail at Almost Everything and Still Win Big in which he wrote about how the secret of his success were serial failures.
Filed in: Innovation, Preparation
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The Trust Issue Part Two

The Trust Issue Part Two

Recently I posted that currently only about one third of Americans feel most people can be trusted and that percentage may drop before it goes up. According to 7 Reasons Employees Don’t Trust Their Leaders on Forbes.com, that lack of trust is very apparent in the workplace. The Forbes.com piece points out that as uncertainty becomes the new normal, this lack of trust is being translated into lower productivity.
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