It takes more than MBA degree nor decades of experience to develop a business leader

Every generation needs a revolution - an entrepreneurial revolution

We should really do much of what do you recommend, what is your solution to the problem.   MBA is not enough,  Even business coaching.    Maybe the protege should experience more of experience:   having failures as teacher, and training them, leaving them alone to make decision.

A good technician:   project engineer, or marketing expert does not make a good CEO or business leader.  Even decades of being on the job.  A good CEO needs to:

    1.  See both the forest and the trees

    2.  Make courageous decision even if it hurts others;

    3   Expend extra ordinary effort and passion on the venture

    4.  Be forceful at times.

Sometimes you see them to be soft, and not very observant.  They fail to see redflags early nor do they recognize opportunities early.  And get distracted easily by current events, FB posts or criticism of others

The bail out of SVB could have been avoided - Sen John Kennedy

Every generation needs a revolution - an entrepreneurial revolution

Sen Kennedy takes down Pres Biden for SVB bail out

In a speech before his colleagues, Sen John Kennedy Sen John Kennedy said that the bail outs of the three banks in US could have been avoided if any of the three things were done:

1   The investment strategy of SVB to invest in high yielding but interest rate sensitive bonds was non

banking 101;

2.  The regulators had regular reports from the bank but failed to note the red flag and take proactive steps to prevent a bank run

3.  SVB was an illiquid bank but a solvent one, but merely was unable to provide liquidity to those withdrawing because  of parked funds at the bonds;   the regulators could have by phone arranged for a buyer on Friday or Saturday so that a bail out was unnecessary (as what CSB did)   But they did not.

Sen Kennedy decried the presence of underserving in the nation:

The large corporations get bail out

The masses get hand outs;

The middle class, the taxpayers get billed out