Logo
FinalLayer badge

How does a leader balance personal judgment with team relationships when making ethical decisions?

According to Lloyd Blankfein, leaders must recognize they may not always be right, even when making ethical decisions. He explains the importance of weighing the relationship damage against the significance of the issue at hand. For minor concerns, maintaining team relationships might take precedence, while major ethical issues require taking a firm stance regardless of relationship consequences. Blankfein emphasizes that effective leadership involves both owning your decisions and acknowledging uncertainty. When a leader makes a decision, they must be prepared to manage the consequences and recognize that leadership isn't about imposing personal judgment but balancing conviction with humility.

LogoClipped by cat.person with FinalLayer

People also ask

Goldman Sachs CEO ethics financial markets
Wall Street executive moral responsibility banking
Financial industry leadership ethical decision making
Investment banking ethics corporate governance
Banking CEO discussions on market ethics

TRANSCRIPT

Load full transcript

Transcript available and will appear here
Not in clip
0
thumbnail
10:30

From

Lloyd Blankfein Discusses Ethics in Financial Decision Making

NYU Stern·6 months ago

Discover the right B-roll for your videos

Logo

Search for any video clip

Experience AI search that understands context and presents you with relevant video clips.

Try Finallayer for free