Musings from the CU Suite

Written by Anthony Demangone

As I was scanning my daily reading pile on Friday, an interesting article caught my eye.

The Essential Hallmarks of a Good Leader.  By Jamie Dimon.  Yes, the London-Whale Jamie Dimon. 

Mr. Dimon is often criticised.  He's seen as arrogant. As an example of Wall Street excess.

 

Jamie Dimon. (Photo courtesy of Steve Jurvetson, Wikipedia)

What are some items from his list?

Fortitude

This attribute often is missing in leaders: they need to have a fierce resolve to act. It means driving change, fighting bureaucracy and politics, and taking ownership and responsibility.

Ability to face facts

In a cold-blooded, honest way, leaders emphasize the negatives at management meetings and focus on what can be improved (of course, it’s okay to celebrate the successes, too). All reporting must be accurate, and all relevant facts must be reported, with full disclosure and on one set of books.

Morale-building

High morale is developed through fixing problems, dealing directly and honestly with issues, earning respect and winning. It does not come from overpaying people or delivering sweet talk, which permits the avoidance of hard decision making and fosters passive-aggressive behaviors.

I'll leave you to read the rest.  Again, I thought it was spot on.

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Ladies and gents, mark your calendars! Visit this link to see a complete line-up of NAFCU's 2014 in-person conferences. You'll be able to sign up for them soon. For now, I just wanted to get these to you to place on your calendar.