The Higher-Ambition Leader
How a new breed of CEO delivers extraordinary economic and social value.
In 2009, as Citibank’s share price plunged to less than a dollar and HSBC’s profits dropped to less than a third of what they’d been in 2007, Standard Chartered Bank posted its seventh successive year of income and profit growth – without any help from emergency government funding. While the financial industry as a whole was facing a crisis of legitimacy, Standard Chartered was raising its standing with key customers and regulators alike, increasing its overall lending by 13%, its mortgage lending by 21%, and its loans to small... Read more
By Nathaniel Foote, Russell Eisenstat, and Tobias Fredberg, Harvard Business Review.
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