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 Lessons Learned From Spitzer's Fall
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Posted on 03-17-08 3:09 PM     Reply [Subscribe]
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Thought this might be of interest to some of you - seven sins and lessons learned.

http://finance.yahoo.com/career-work/article/104633/Eliot-Spitzer's-Seven-Deadly-Sins

Eliot Spitzer's Seven Deadly Sins

by Patricia O'Connell
Friday, March 14, 2008

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Eliot Spitzer. © Getty Images

Stunning, shocking, schadenfreude-inducing. All those adjectives have been used to describe the fall of Eliot Spitzer, "The Sheriff of Wall Street" and the man Time Magazine named "The Crusader." On the surface it seems his involvement with a prostitution ring and other possible illegal behavior are what doomed him as governor. But really they're only the tip of the iceberg. As a leader and manager, Spitzer made plenty of other mistakes that made it untenable for him to stay in office.


Here are Eliot Spitzer's seven deadly sins (with apologies to St. John Cassian, Pope St. Gregory the Great, and Dante), and the lessons they contain for any leader or manager.


1. Failure To Deliver
Spitzer, who was elected governor of New York with some 70% of the vote and was regarded as a highly effective state attorney general, was a disappointment as governor. His proposal to give driver's licenses to illegal immigrants was derided; in fact, one is hard-pressed to come up with one significant, positive accomplishment from his approximately 14-month stint in the job. He vowed to bring passion and reform to Albany. It seems he took his passion elsewhere, and forgot about the reform.

Lesson: You've got to deliver consistently. You're only as good as your most recent accomplishment.

2. Wrong Tactics for New Job
The zealous, aggressive nature that made Spitzer such an effective (and in some circles, hugely unpopular) attorney general wasn't what was needed in Albany. It's just not appropriate for a governor—the leader of the state government, and the most preeminent member of his political party in the state—to be a bully and a steamroller. The qualities that make for a very effective advocate are the very ones that made him ill-suited to be an executive (ie, a combative nature, an unwillingness to compromise, etc.).

Lesson: No matter how attractive a new assignment or promotion seems, make sure it's one for which you're really suited.

3. Alienated Too Many
No one expected Spitzer to have lots of friends on Wall Street or in the business community. And since politics in this country are partisan, relations between Republicans and Democrats in Albany are traditionally frosty. But it seems there was no one who could or would rise to Spitzer's defense on any level or say anything beyond that they felt sympathy for his family. Spitzer's lack of support made it impossible for him to contemplate staying in office. As Republican Congressman Peter King said, "Nobody will stand with him."

Lesson: You can't expect to get things done if you only have adversaries, not allies.

4. Hypocrisy
One of the recurring themes in all the hoopla about the Spitzer sex scandal has been his apparent hypocrisy and the anger that it has engendered in people. Here was a man who ran on his record of having cleaned up Wall Street and brought people to justice. He famously said in one of his campaign ads that he never cared if a case was popular or winnable, what mattered was right and wrong. The contrast between the almost-priggish Spitzer and the man who was negotiating payment for call-girl services is stark and disappointing to those who put their trust in him.

Lesson: You can't tell people one thing and do the complete opposite. When it comes to light that you're not being straight with people, they feel foolish for having trusted you and it's nearly impossible to regain their trust.

5. Hubris
It's doubtful anyone ever accused Spitzer of being modest. And modesty may have been unbecoming and inauthentic for the brilliant and brash Spitzer. But an excess of pride (which, as we all know, goes before a fall) is just as unbecoming. And in Spitzer's case it very well may have been what made him think he wouldn't get caught. He wasn't snared as part of an investigation of a prostitution operation; it was his suspicious banking activities that set off alarm bells. Of course Spitzer knew the risks, what's baffling is how he thought he could avoid detection—and consequences.

Lesson: No one is above the law; no one is untouchable, and no matter how smart you are, it doesn't matter.

6. Underestimating the Crisis
This wasn't the private matter Spitzer insisted it was when he first spoke of it publicly on Mar. 10, and again when he resigned on Mar. 12. He is a public figure. Prior to his resignation he was an elected official being implicated in criminal activity. He also failed to anticipate the fallout from this scandal. Albany came to a standstill for two days, with the exception of the Republicans galvanizing to threaten him with impeachment if he didn't resign within 48 hours of the scandal having broken.

Lesson: Be realistic about what's going on, and if you can't see it yourself, seek out a person who can.

7. Some sins just aren't forgivable.
Religious doctrine to the contrary, there are some transgressions that are just too great. It seems that holding yourself up as an examplar of moral rectitude while cheating, on a seemingly perfect wife, with call girls is one of them. I would argue that if none of Spitzer's other "sins" falls into the category of unforgivable, the combination surely does.

Lesson: Know when a situation is beyond repair—or at least beyond your ability to repair it—and either bring in the right people to help you fix it, or move on, if appropriate.

Patricia O'Connell is Management Editor for BusinessWeek.com.


 
Posted on 03-17-08 4:15 PM     Reply [Subscribe]
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This Patricia O'Connell is one of those many trying to capitalize on the Spitzer fall. For example, on lesson number 7 heading she mentions " Some sins just aren't forgivable".
For God's Sake, prostitution is the oldest thriving occupation in the whole-wide world in which women are of course, knee-deep involved in the transaction. It takes a man to conduct an accurate male psycho-analysis.

Most men do this kind of sh!t if opportunities come along and have resources to make most of them. It just proved to be that Spitzer was handling himself too recklessly so as not to be caught.

The lesson I would learn from it is that, always have enough emergency cash stashed away little at a time for times when the testosterone level spikes up to beyond logical self-reasoning so that the FBI/Homeland Security don't have to be suspicious of that large cash withdrawal from your bank.
 
Posted on 03-17-08 4:33 PM     Reply [Subscribe]
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LOL, the eleventh commandment, thou shall not get caught, huh?

Seriously, I can see where lessons  1, 2 and perhaps 4 might apply to many of us, myself included, in our daily lives.

:)

 
Posted on 03-17-08 5:32 PM     Reply [Subscribe]
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HAHAHA...hyde
or the lesson could be: when the testosterone goes berserk, come to sajha and open some thread 'for eyes only' rather than submitting yourself to committing the sin? HAHAHAHAHA...it might delay you from committing, if not stop you completely? HAHAHAHA

i think in eliot's case, 3 and 4 together (which means basically to have more foes than friends) proved to be the most costly lesson in my humble opinion. can't help thinking what could have happened to mr. clinton if he didn't have 3 and 4 under control (1 and 2 were fairly under his control though, but i still think he would have ended up paying the price like eliot did if 3 and 4 were not)

whatever it is, i have learned my lesson:

since men have two heads, they often confuse between them and try to think from the wrong one. just focus and use the one above your shoulder and not the one above your balls HAHAHAHAHAHA!


 
Posted on 03-17-08 5:39 PM     Reply [Subscribe]
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Political figures are always under surveillance, most of them got caught, just a matter of time. That's why they say" थुतुनो र मूतुनो  " बचाउ।


 
Posted on 03-17-08 6:29 PM     Reply [Subscribe]
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.
ह्त्तारको बेला
अरु कुनै कुराको याद आउंदैन
मान्छे अन्धो नै हुन्छ 
बोरिस बेकर त्यसै छोरीको बाउ भयो होला ?
घर फर्केको लाहुरे
गोरखपुरमा नै  अल्मलिन्छ 
 

 


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