The former Chairman and CEO of Lehman Brothers, he was nicknamed the Gorilla of Wall Street – since he was belligerent, and loved to grunt.
Dick’s advice in the Wharton School of Business online journal, is to pick a strategy and stick with it, “unless of course”, you’re wrong.
What I’ve seen is that pretty much every startup business pivots at least five times.
So that seems like idiotic advice to me.
I got some of this information from Entrepreneur magazine, who points out that Dick took the top spot on Conde Nast Portfolio’s “Worst American CEOs of all time” list in 2009, among other dubious awards – and concludes its article, “don’t be a Dick.”
#1, the Larch! 