Crisis Leadership

Nixon’s final act of leadership

April 12, 2010

Richard Nixon suffered the stigma of being the only U.S. president forced to resign, and his leadership suffered greatly under the weight of Watergate. But the disgraced president did fire off one flare of good leadership as his administration crashed. Ironically, it ensured the end of his presidency.

Toyota puts brakes on crisis leadership

March 12, 2010

Family-owned businesses don’t get much bigger than Toyota. Yet, both company President Akio Toyoda and his father, honorary Chairman Shoichiro Toyoda, were curiously silent in January and February during the recall of about 8 million cars. It remains to be seen how badly this recall will hurt Toyota’s standing. But the Toyodas’ apparent unwillingness to take the heat sets a poor example.

3 recessionary problems, 3 solutions

January 11, 2010

The waning days of this recession pose three particular problems: absentee leadership, changing cultures and underperforming employees. Here are three solutions, adapted from “Leading during a downturn”:

Liz Claiborne CEO rides out the storm

December 11, 2009

Managing in a protracted turnaround “has been brutal,” says William L. McComb, CEO of Liz Claiborne. Under his command, the women’s clothier has posted seven consecutive quarterly losses. Yet his board of directors stands by him. He suggests these strategies for working with a board in tough times: