Leaders at the top risk wrath for making big promises
First Women Exclusives · March 24, 2016
As Yahoo! CEO Marissa Mayer recently found out, making big outlandish promises – without really knowing if you can stand by them – can leave you feeeling pretty exposed when things don’t go to plan.
In 2013, when internet business Yahoo! bought blogging platform Tumblr for $1.1bn, Mayer famously said that she and her team would “not to screw it up”. Well, lo and behold, that is just what has happened and Yahoo! now faces further damage to reputation.
Senior leaders will always want to firmly plant their stake in the ground and explain what great things they’re going to do with some fresh investment capital, a new product line or additional members of the management team – but think twice before you say something that may come back to haunt you.
To find out more about the Meyer and her bold claims, read the full article on Real Business.
