Has CEO Tony Hayward Been a Wingman to BP?
The BP gulf oil spill is one of the greatest environmental disasters our country has ever experienced. Not only will the long term environmental consequences be felt for years to come, but the price tag for cleaning up the spill will be over $20 billion. Finally, BP, a once reputable giant in the oil industry, is dealing with a $100 billion loss in market valuation and its brand and reputation has taken a huge blow.
While there are dozens of lessons that can be learned with the way BP has handled this disaster, one cannot shy away from the lackluster leadership attributed to its CEO Tony Hayward. In essence, Hayward committed the greatest sin any leader can make – he lost the trust of his customers and his employees. He lost his trust as a wingman.
A few weeks ago, I was interviewed on Fox News discussing Hayward’s leadership challenges and why he lost trust as a leader. Click the photo below watch the 4 minute clip and share your feedback.
Once again, you’ve given us a great analogy for business and for life. As a wingman, I’ve got to have trust in my leader, and as a leader, I have to earn that trust. Too many leaders think they deserve trust, rather than earning it.
Keep pushing it up!
Thanks Hugh. Yes – we have to earn our trust wings everyday as a leader. Hope life is going well for you.
Waldo
That was awesome. You looked great on TV.
Keep pushing for great leadership.
Thanks wingman!
Excellent job Waldo. You put the situation in a perspective that a layperson could understand. Push it up!
Thanks for the feedback Mike. Hope all is well with you and team Honda.
Hi Rob,
Saw you on TV; hope things are going well. You may not remember me, but you and I had coffee at a Starbucks a few years ago in (Vinings) Atlanta; thanks for being a friend; I took the plunge and fulfilled a life long dream to start a business; it is going very well. Just wanted to say hey, keep up the good work that you do and thank you for the brave service you have given this country. God bless.
The Bp disaster really makes me sad. All of those poor fish that were not responsible for this at all. They are the ones that have to deal with it.
I ponder if they will come to their senses and finish with the oil. Alternative know-how has already been there to replace it all!
wow.. i’m very
enjoy reading your post. great.
Wish I could help you on that bro. Im not married nor am I a marriage counselor and Im afraid I would give you wrong advice. Key is communication
Waldo