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What We Can Learn from Elizabeth Holmes (Theranos), Sam Bankman-Fried (FTX) and Elon Musk (Twitter)
Manage episode 347656038 series 129763
This week, Ricardo discusses three prominent businesspeople whose incoherent actions hurt those who had put their faith in their ideas: Elizabeth Homes of Theranos, Sam Bankman-Fried of FTX, and Elon Musk of Twitter.
These persons share many characteristics, including a remarkable charm that has garnered them widespread adulation and the impression that they possess superhuman abilities. Yet, the revolutionary language and charisma were eventually called into question, revealing a lack of governance, control systems, and compliance.
Ricardo likens these people to the charismatic and self-assured project manager who decides to charge ahead without first doing an in-depth study of the situation, planning, establishing effective governance, or implementing stringent controls.
Behind the development of a project, there are people who invest and bet on the results of that project. Charisma and lack of governance will not deliver what is expected; it takes a lot of work, governance, planning, and control.
Listen to this week's #5minpodcast to learn more.
681 つのエピソード
Manage episode 347656038 series 129763
This week, Ricardo discusses three prominent businesspeople whose incoherent actions hurt those who had put their faith in their ideas: Elizabeth Homes of Theranos, Sam Bankman-Fried of FTX, and Elon Musk of Twitter.
These persons share many characteristics, including a remarkable charm that has garnered them widespread adulation and the impression that they possess superhuman abilities. Yet, the revolutionary language and charisma were eventually called into question, revealing a lack of governance, control systems, and compliance.
Ricardo likens these people to the charismatic and self-assured project manager who decides to charge ahead without first doing an in-depth study of the situation, planning, establishing effective governance, or implementing stringent controls.
Behind the development of a project, there are people who invest and bet on the results of that project. Charisma and lack of governance will not deliver what is expected; it takes a lot of work, governance, planning, and control.
Listen to this week's #5minpodcast to learn more.
681 つのエピソード
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