Triple Crown Leadership

Triple Crown Leadership

Monthly Archives: August 2012

Wave of Cheating Scandals–And What To Do About Them

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Sad and shocking news from Harvard yesterday: about 125 undergraduate students are under investigation for possibly sharing answers or plagiarizing on a take-home final exam in a single course. (See here for background.) Harvard President Drew Faust said the following about the disturbing events on the Crimson campus: “These allegations, if proven, represent totally unacceptable behavior that betrays the trust upon which intellectual inquiry at Harvard depends.” The students in question have been called to appear before a review board. Unfortunately, Harvard is not alone in this struggle. In K-12 education, as we wrote this week in a guest editorial, a fuller picture recently emerged about what has been called “one of the most brazen cheating scandals in the nation.” According to two investigations, the founder and CEO of a   …Continue Reading


Suicide by Quarter–Leading for the Short-Term

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Have you ever: • Told one of your line managers to “do whatever it takes to make your numbers this quarter”? • Pulled sales from next quarter to make this quarter’s numbers? • Cut into critical R&D funds to hit Wall Street forecasts? • Asked the CFO to lower the reserves for future expenses to help earnings this quarter? • Taken an excessive restructuring charge, knowing that you could siphon some of the excess charges from balance sheet accounts into future earnings when you really need them? If so, you are committing suicide by quarter. These all-too-frequent actions are unsustainable. They put you on an accelerating treadmill, sacrificing what’s right for customers, employees, and even investors. These actions are common because people are good at rationalizing them: “Everybody’s doing it.”   …Continue Reading


Faces Behind the Gold

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Hats off to the Olympic champions. Competitors like Usain Bolt, Gabby Douglas, and Michael Phelps inspire us. They reawaken our dreams. We admire their talent, dedication, and sheer grit. We revel with them in their gold. But let’s look deeper to the faces behind the gold—all the people who made it possible for these champions to stand atop the podium. We tend to focus only on the athlete. It’s hero fixation. In thoroughbred racing, we focus only on the horse (as opposed to the jockey, trainer, owner, and whole racing team). In business, only the CEO. But across all these domains, excellence is a group performance. Excellence is a group performance. The Lightning Bolt. Usain Bolt, the electric and transcendent Jamaican sprinter, is a textbook example of succeeding on talent   …Continue Reading


Ethics and the Olympic Badminton Brouhaha

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What injustice! How unfair! World-class athletes disqualified from the Olympics even though they were within the rules. Think again. The Badminton World Federation got it right when it disqualified eight women’s doubles players for purposefully throwing matches in order to face easier opponents in the round-robin tournament. (For background on this Olympic badminton controversy, click here.) The Olympic Games are not just about winning gold. They’re not just about fierce competition. They’re not just about personal and national glory. They’re also about excellence. And ethics. And endurance. (We call it the Triple Crown.) Consider the Olympian Pledge from days of old: “Ask not alone for victory. Ask for courage. For if you can endure, you bring honor to yourself. Even more, you bring honor to us all.” Consider the Olympic   …Continue Reading