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Thursday, December 14, 2023
  Summers One of 2006's Worst
Business Week just published a best and worst list for 2006, and Larry Summers is on it! He's one of the worst.

Under the section, "The Worst Leaders of 2006," there appears this (thanks to the blog SmartLemming):

The Crimson reported this out a little, getting an HBS prof to question the finding.

Weatherhead Professor of Business Administration D. Quinn Mills, who lectures on leadership at the Business School, wrote in an e-mail that BusinessWeek did not have the “right to characterize President Summers as the worst cross-over.”

“I don’t think his style was different in the two situations,” Mills wrote yesterday of Summers’ political and academic roles.

“There are many people who think President Summers was trying to provide good leadership, but that Harvard’s faculty would not accept it,” Mills added.

Mills has clearly written a lot on leadership, but his comment seems odd to me. The idea that Harvard's faculty "would not accept" good leadership is casually made, but loaded with dramatically negative implication. What does it suggest about the Harvard faculty that they won't "accept" good leadership? That they are anarchists?

Moreover, Summers' leadership style may not have been different in the two situations...but isn't that the point? The Treasury Department has one organizational culture; Harvard has another. The same leadership style that works at one might very well not work at the other.

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P.S. Dear Crimson—"Conflictive"—as in "[Summers] often conflictive relationship with the Faculty of Arts and Sciences—is not, in fact, a word.
 
Comments:
check your sources on "conflictive," richard:

http://encarta.msn.com/dictionary_/conflictive.html

a simple Google News search shows its wide (and accurate) use.
 
Well, that's what I get for being smarmy. Conflictive is, in fact, a word. Mea culpa, Crimson.

Also, in case I didn't mention it before: Walter Cronkite is still alive.
 
"Anarchists"? Try prima-donnas.
 
Did the style ever really work? or did it only work because of the many people who cleaned up Larry's messes in other places before Harvard --and at Harvard too?

Perhaps the only issue here is that Harvard faculty are actually more perceptive of so-called leaders whose egoes and reputations far exceed their actual skills and talent. And perhaps, because tenure does what it is supposed to, they have no reason to put up with incompetent leaders.
 
Richard, did you miss the earlier post that gave you some great material about economists?

Now that we have seen the hilarious recruiting video produced by the department, we should all want to be economists.
Don't miss these--they are already classics in the profession.

Original video:
http://www.youtube.com/watch?v=mDJ_VHmaHgY

Student parody:
http://www.youtube.com/watch?v=fcN9ypgjApQ

Student edited version for next year's video:
http://www.youtube.com/watch?v=271ooLBXJb8

11:06 AM
 
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Name:richard
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