Colin Barry

Dick Grasso (ALD, Thursday, Week 3)


"There's something about men and power, and it just connects with all the other body parts..."

How promising executives in large firms get derailed:
(1) Difficulty building an effective team (usually, over-manage/under-delegate)
(2) Difficulty in making transitions (get stuck in the details, don't learn to think strategically)
(3) Lack of follow-through (unkept promises)
(4) Treat people badly (seen as over-ambitious or self-centered)
(5) Over-dependent on a single strength or resource (become "the budgeting guy" or something)
(6) Strategic differences with top management ("lose" political fights, etc.)