Monday , January 17 2022

Why top managers turn turns over love stories – SonntagsZeitung


That is also. The love story of the retired head of Raiffeisen Patrik Gisel with a former member of the administrative council of the group stimulates the stimulus of the head in the economy. This is the last anecdote in an unexpected series that has been made by the former head of the third largest Swiss bank in recent months. Gisel first read about her relationship with a strict foster father, Pierin Vincenz. Then, too late, I realized that it had become unsustainable because of the scandal that was about Raiffeisen Bank. And now he is making a relationship with a former member of the supervisory board. Although Laurence de la Serna resigned from the Raiffeisen Board of Directors in mid-June. But how long the connection lasts is unclear. Gisel also appears to put the cards on the board too late in this case.

He is not the only one who puts his head in danger and his neck for love. In June, Brian Krzanich, the head of the United States chip maker, left the job because he had a relationship with a colleague. The one fate is finding last year's head of Priceline, Darren Huston. In the United States, the dating rule is more stringent than here. In Switzerland, too, business leaders are involved in love stories in their own company.

For company heads, other laws apply

Some are an open secret in the company, others are even institutional: the wife of Pierin Vincenz, for example, has led Raiffeisen's legal service. Dominique Biedermann, former president of the Ethos investment base, also worked with a wife in the same company. Both were judged later – so correct. Although the workplace is one of the most common place couples getting to know each other. For Chief Executives, however, other laws apply. They are paid well. And they have to pay attention to restrictions: for example, not taking part in issues in the company because they lead to conflicts of interest.

Because Patrik Gisel is the most obvious: sitting in a member of the supervisory board is a deadly sin. "Relatives in relation to dependency are powerless," said Matthias Mölleney, head of the Human Resources Management Center and Zurich School of Economics Leadership. Mölleney has taken so sensitive cases several times over his career period as the principal corporation of employing. Repeatly has the same pattern of behavior among managers repeatedly when they face the relationship. "First, the relationship is being rejected, then it is downloaded. And in a third stage, the officers involved are convinced that they can separate their professional role and their story a private girlfriend and have everything under control. "In practice, however, there is only one answer available: one of both parties involved seeking a job where there is no relative relationship – and fast.

«Sometimes a matter is considered to be a part of the power»

Because the managers are afraid of such consequences, they usually try to keep the relationship under the lid rather than immediately disclosed as it would be. They rarely feel that they are supported by the business organization, which deals with confidential issues to understand. "The closed circle where Chief Executives moves is promoting such behavior. For that, sometimes issues are considered as part of a power," said Bernhard Bauhofer, a reputation management expert. In transparency, it is not possible now to keep the secret of a love story.

In addition: shareholders and CEOs today's public rate is morally much harder than before. For example, the proportion of CEOs who have been dismissed for ethical reasons has increased dramatically across the world and in Europe. This was demonstrated by a study by the PWC giant consultation. For the international management consultant and the author, Sonja A. Buholzer, it is clear: "If there are no smallest senior managers, their personal standards are set in relation to themselves. companies are only measuring that their operators are fully operational. "

(Sunday newspaper)

Created: 10.11.2018, 21:26

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