Former Home Depot CEO, Bob Nardelli, created a nine car personal parking area underneath the Home Depot corporate office in Atlanta—space for just a few from his collection of classic cars. A private elevator rose from his parking area straight to his personal office on the top floor of the building without stopping on any other floors. This elevator became a gleaming symbol of Nardelli’s arrogance and dismissiveness of others, which ultimately led to his downfall. Sadly, Nardelli’s story is not unique. We see them every day. Headline after headline of extremely talented, highly competent leaders experiencing catastrophic failures in leadership.
We might understandably ask, “What does this have to do with me? I have one old car and take the stairs to my office.” In reality, the main difference between Nardelli and us is that when we fail, our story is unlikely to be a streaming banner on Fox News. We are also likely to get less than his two hundred million dollar severance package if we get fired! Read More