ResourceWise

Stale Ideas Killed AIG, Lehman

When board members and CEOs fail to recognize problems facing their company - it is either hubris or laziness. If they understood their role as the trustees of shareholder wealth they would behave differently i.e. look at problems with open eyes and listen for solutions with open years. Employees at all levels within such organizations have ideas and solutions that never see the light of day - because most senior management live in a bubble, which when it bursts releases them to float away on their golden parachutes.