A few weeks ago, Wells Fargo managed to stumble, fumble and bungle themselves into a $185 million fine involving literally millions of bogus customer transactions. Amazingly, the current Wells Fargo settlement, however, keeps the same perpetrating executives, who created and facilitated this fiasco, particularly CEO John Stump, in charge of cleaning it up and preventing more problems from happening. This is a very bad joke on all Wells Fargo customers.
If you’re a Wells Fargo customer, employee or shareholder, this headline has to be THE question on your mind. . . Given Mr. Stumpf’s recent testimony before the Senate, it may be the only question for him. What we know for sure is that the massive Wells Fargo fraud/cover-up will continue.
Most of my career has been in or around the C Suite, which has given me the chance to observe dozens of different types of consultants and advisors and hundreds, literally hundreds, of public relations practitioners and attorneys, all giving advice.
I first discovered Dan Ciampa when his book, “Taking Advice, How Leaders Get Good Counsel and Use It Wisely,” came out in 2006. This is an amazing book about helping leaders find good sources of outside advice. Dan has spent his career in, around, on, and being a hands-on corporate leader. He is a perfect example of a fascinating practitioner.
A remarkable practitioner you should know, David Grossman, Founder and Chief Executive of The Grossman Group based in Chicago. He first came to my attention when I heard him speak about his work in internal communications and leadership development at McDonald’s. In the following conversation, he talks about a variety of interesting topics and ideas, particularly his intellectual and professional commitment to developing authentic leaders in our profession.
Once a crisis occurs, the bloviating begins, mostly by PR people. Most of these uninformed comments leave the erroneous impression that if you do maybe three things right, quickly, the problem is over before it begins. It’s sort of like when you were a kid, seeing a show where people were shot for the first time, and saying, “Why didn’t they just quickly jump out of the way the moment they heard gun fire?” The moment you know it’s a crisis, you have, in fact, been shot.
On March 24, 2016, Minneapolis Police Chief Janee Harteau released a YouTube announcement about police treatment of citizens as County Attorney Mike Freeman releases his decision on how to proceed with the potential indictment of two police officers. If the city, including its police force, wants peace in the community, it has to wage peace in the community at every opportunity. Here is one way.
Attorneys, often by the score, will be involved in this crisis situation. What I’ll describe and suggest in this note is sensible, constructive, actually quite helpful, and will lead to far more prompt and appropriate resolution of the controversies, confrontations, contention and the victimization crisis situations will likely generate.