Jay A Conger on The Making of a CEO | Corporate Interviews

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Executive Interviews: Interview with Jay A Conger on The Making of a CEO
January 2009 - By Dr. Nagendra V Chowdary

Jay A Conger
Henry Kravis Chaired Professor of Leadership at Claremont McKenna College in California and Visiting Professor at the London Business School

Is the current financial crisis (a) a leadership crisis, or (b) a corporate governance crisis? Or is it both? Do you think that this crisis could have been averted had there been better leaders and better corporate governance structures?
The current crisis is both. The crisis could have been avoided if executives had a much deeper appreciation for the financial instruments their managers were deploying. In the financial sector, many CEOs did not fully understand how dangerous the transactions of their organizations were.They fell prey to �making money� without appreciating that the how of

making money would eventually creat a crisis. The risk management systems failed completely or else were ignored in the pursuit of profit. The current crisis is an illustration of a complete lack of leadership.

1. The CEO Compensation Controversy Case Study
2. ICMR Case Collection
3. Case Study Volumes

The interview was conducted by Dr. Nagendra V Chowdary, Consulting Editor, Effective Executive and Dean, IBSCDC, Hyderabad.

This interview was originally published in Effective Executive, IUP, January 2009.

Copyright © January 2009, IBSCDC No part of this publication may be copied, reproduced or distributed, stored in a retrieval system, used in a spreadsheet, or transmitted in any form or medium � electronic, mechanical, photocopying, recording, or otherwise � without the permission of IBSCDC.

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Interview with Jay A Conger on The Making of a CEO