A study suggests good managers are right 65% of the time. In risk management, this is catastrophic.
The ultimate quest for leadership leads corporations to failure and stagnation by default. Strong selling is the only way to mask this.
An average Hedge Fund manager has to be right 90% of the time. To beat the average, he or she has to be right 95% of the time.
Leadership has shifted from the Art of delegation and of getting the right things done the right way.
