Don't Compromise!

Fancy another “Who am I?” game? At 13, he was filing his own tax returns and earning more than his teachers – and flirting with shop-lifting. He has no computer or calculator in his office, which is rented, small and unpretentious. He’s self-confessed as hopeless with technology, thinks Mr Market is often crazy or psychotic. He has a website, but it doesn’t run to images. He likes burgers, coke and t-bone steaks, and eats in the same restaurant most days. He learned the ukulele to woo his first wife, who later found his second wife for him – and persuaded her to move in with him when she moved out. Without divorcing him. He thinks ‘risk comes from not knowing what you’re doing’ and he’s against borrowing. He tasks his daughter with buying hail-damaged cars because they’re cheaper, and drives them till she tells him they’re embarrassing. Getting warm anyone?

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Why, when everybody knows that leadership and management development (LMD) is unlikely to produce measurable improvement in workplace performance, do CEOs spend more than $40bn pa on it?

Robert Terry argues that there are five conspirators in The Great Leadership and Management Development Conspiracy – participants, training providers, training buyers, line managers, and organisations – each providing mute endorsement for the others. And each serving to perpetuate an untenable squandering of scarce organisational resources.

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