Great leaders may take the credit for triumphs, but do they also take the blame for missteps?
Panera Bread Founder/CEO Ron Shaich has called out chiefs of fast-food chains for putting bad nutrition in their kids' meals. But he should hope the same fate won’t befall Panera as what happened after Chipotle CEO Steve Ells picked on quick-serve restaurants.
Since Richard Smith's apology, Equifax stock has plummeted 30%, two executives have been forced out, and Congress, regulators and lawyers are swarming.
Now that Uber has chosen Expedia CEO Dara Khosrowshahi to fill its vacant CEO position, it’s time to focus on the huge challenges he will face as he comes on board.
While millennial consumers and employees expect today’s business leaders to be willing to speak out on social issues, it actually does them and their companies more harm than good.
When iRobot CEO Colin Angle talked with Reuters about connectivity and virtual simultaneous localization and mapping technology, he likely didn’t expect to find himself defending his company’s data privacy policies once the story ran.
What does the uptick—a 36 percent increase—in forced CEO turnovers for ethical issues really mean?
Uber's management failed the company and its people when it turned a blind eye to the problems behind closed doors, but its swift action to hire an outside law firm once the problems became public and then follow through on its recommendations set a good example for how to handle a crisis situation.
People trust CEOs, it appears, so long as its their own.
It appears the risks of staff division, distraction and possible customer boycotts are keeping leaders on the sidelines.