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Muppets and Miscreants in an Era of Transformation

Muppets and Miscreants in an Era of Transformation

The Breakfast Grille

March 30, 201225m 36s

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Show Notes

Cass Business School Professor of Transformational Leadership Chris Roebuck discusses:

- Goldmans - Greg Smith - letter - 'Muppets' - how Goldmans could have handled the crisis better - leadership standpoint;
- When banks forgot about clients' welfare - focus only on their own bottom lines;
 - Views - how employees need to become more entrepreneurial - pitfalls;
- Follow the leader - Lloyd Blankfein - Jamie Dimon - Vikram Pandit - whether bad examples;
- Argument in favor of bank bonuses - performance remuneration - versus paying people in the hope of "future performance";
- Role - UBS - considerable success - BUT Kweku Adoboli -  losses @ $2.3 billion - reasons;
- Kerviel - Yasuo Hamanaka - Leeson - Madoff - predominance IB space - reasons;
- Whether feels reward mentality in Banks will change over time, a return to the staid, stable institutions they once were;
- Whether feels banks should change they are approaching business and obtaining clients;
- Recognising value of 50+ workers - using them more effectively - Malaysia experience;
- Foreign conglomerates - integration challenges - cultural, racial and geographic differences - integration strategies.

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