What do you most need to learn to be an even more effective leader?

Managerial courage

Developing the capacity to: not hold back anything that needs to be said but to remain collegial; providing current, direct, complete, and “actionable” positive and corrective feedback to others; letting people know where they stand; facing up to people problems on any person or situation (not including direct reports) quickly and directly; willingness to take negative action when necessary.

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What societal challenges could be improved by the Wharton alumni network?

Financial Literacy

Is it too utopian to suggest there's merit in a business plan or a non-profit pursuing a good housekeeping seal of approval-like business for consumer-oriented finance vendors (banks, credit cards, mortgages, etc). The seal being an indication that finance products are clear and easy to understand.

 

Second idea - can we create a nation wide financial literacy volunteer program? Occupy Wall Street has highlighted some of the gaps in understanding of basic tenets of finance? i.e., How a loan works, What is a loan, Why a budget is important

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What societal challenges could be improved by the Wharton alumni network?

Endowments in Non-Profits and Higher Education

An alien observing human life from afar might be puzzled by these weird financial institutions called "universities" that have inexplicable educational operations attached to them. What does it mean that Penn and the other Ivies amass huge fortunes and spend only 4 percent of them each year. One explanation is that they need big reserves to buffer business cycles. That might explain a billion or so. But, why do they need 10s of Billions. Doesn't hoarding cash imply that the institutions can not productively invest that cash? Stakeholders would take a very hard view on a company that hoarded so much cash and did not invest it productively. It is time for some clear economic reasoning to be applied to philanthropic capital and the financing of higher education.

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What do you most need to learn to be an even more effective leader?

Spiritual intelligence

A lot has been written on IQ, EQ, etc. as they relate to leadership. One new area of intelligence is spiritual intelligence. Spiritual intelligence (distinct from both spirituality and religion) is defined by Cindy Wigglesworth as "the innate human need to be connected to something larger than ourselves, something we consider to be divine or of exceptional nobility." It would be interesting to see this concept influences leadership.

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What societal challenges could be improved by the Wharton alumni network?

Occupy Wall Street - Discussion of the 1 percent

Is the business community generally, and Wharton specifically, really going to let the debate on the economy be framed as class warfare? Many of us in the 1 percent are appalled at current economic policies. Virtually every elected official on both sides of the aisle in the U.S. is speaking gibberish about the economy. Issues of how we finance government and the role of tax policy in the economy are critical to our collective prosperity. We can take a leadership role in discussing these issues rationally without resorting to the hyperbole we're seeing in the media and among politicians.

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What do you most need to learn to be an even more effective leader?

Changing careers post-mba

Many of us after graduating with our MBA go out to find the job of our dreams. But after a few years we either don't find meaning in what we are doing, don't feel like we are learning anymore, or are just ready to try something new. People are now known to change careers multiple times throughout their lives and it would be very interesting to get some insights into this from our more experienced alumni or others with this experience.

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