Nothing kills a CEO's credibility faster than legal, regulatory, and/or ethical questions.
— Judy Smith
Rightfully given near-deity status in the early days of industrial America, the J.P. Morgans, Rockefellers, Carnegies, and Vanderbilts of the world not only ran our country, they were also revered - and often despised - as larger-than-life personalities who could perform feats mere mortals could only dream of.
The ambition and focus that propel you to success can also be your downfall.
While it may be tempting to bask fully in the glory of success, remember: When a CEO takes too much credit for the good, they will receive far too much criticism for the bad.
I definitely never had an affair with the president.
When times are good, a CEO should remain poised and composed. When times are difficult, a CEO should remain poised and composed.
Allegations become facts, and facts become truth in the eyes of the public, whether they are true or not.
