When one starts studying insurance, real estate, or other financial fields, one concept that is stressed is do not co-mingle funds. Company money, client money, and personal money stays separate.
Looking at bad judgement by leaders is often a way to consider what Leadership Principles should lead to alternate decisions. Recently on the Nightly Business Report, Professor Sydney Finkelstein of Dartmouth reviewed the worst four CEO's of 2012.
One CEO who stands out is Aubrey McClendon of Chesapeake Energy (NYSE:CHK). He had a large personal loan from the company as well as he was running a hedge fund in addition to being the head of Chesapeake.
Tracking the Nation’s Top Four Worst CEOs | Dec 26, 2012 - NBR | Nightly Business Report
One of John Maxwell's Laws of Leadership deals with Sacrifice. A leader should give up as they rise in the organization. A top level leaders should not be about perks. It should be about how to serve.
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