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I just read a quite interesting interview with a leader from a major exchange CEO. This person shared deep thoughts on management during a crisis, especially when facing mass employee resignations.
What impressed me most was his perspective on the role of a leader. According to this CEO, there was a time when the company nearly lost control, with about 50% of the team potentially leaving. Instead of panicking, he expressed readiness to rebuild from scratch if necessary.
Interestingly, he drew inspiration from Lee Kuan Yew, the founding father of Singapore. The idea he wanted to emphasize is that leaders must be steadfast, unwavering. Not always trying to please everyone, but setting a clear direction and allowing those who disagree to leave.
From a market perspective, this CEO’s approach is quite straightforward. True leadership, in this view, is not about seeking everyone’s approval, but about maintaining a vision and being prepared to face the consequences. If a restart is needed, just start over. That’s resilience not everyone possesses.