Why are the top leaders struggling repeatedly with love stories – SonntagsZeitung



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It also. Retired Raiffeisen boss Patrik Gisel's love story with a member of the former board of directors of the group raises an unbelievable headache of the house. It is the last anecdote in the many difficulties that the former head of the third largest Swiss bank has done in recent months. Gisel first read his relationship with his dropped father Pierin Vincenz. Then too late he realized that he had become unsustainable because of the scandal surrounding Raiffeisen Bank. And now he does a love affair with a former board member. Although Laurence de la Serna resigned from the Raiffeisen government in mid-June. But how long it took for communication, it is unclear. It looks like Gisel also put the cards on the table too late in this case.

He is not the only one who risks the love of his head and neck. Only in June, Brian Krzanich, Intel's chip maker, Intel, freed the job because he had collaborated with the employee. The same fate received last year's Priceline boss Darren Huston. In the US, the no-dating rule is stricter than here. In Switzerland, business executives also participate in love stories in their own company.

Other companies are subject to other laws

Some are open secret in the company, others even institutional: for example Pierin Vincenz's wife led to Raiffeisen's legal service. Former Managing Director Dominique Biedermann also worked with his wife in the same company. Both criticized later – quite right. Although the workplace is one of the most common places that couples know each other. However, other Managing Directors are subject to other laws. They are well paid. They must also set limits, for example, without addressing the business, as they cause conflicts of interest.

Patrik Gisel's case is blatant: sitting on a board member is a mortal sin. "Relationship with dependency is a relationship," says Matthias Mölleney, Center for Human Resources Management and Management at the Zurich School of Economics. Mölleney has been following these sensitive cases several times during his career as a charter manager for large companies. He repeatedly follows the same pattern of behavior among the leaders as they face the relationship. In the third stage, those leaders are convinced that they are able to differentiate their professional role and private love story and manage everything. "There is, however, only one solution: one party to look for a job that has no intimacy – and quickly .

"Asia is sometimes seen as a part of strength"

Because bosses are afraid of such consequences, they tend to try to keep things under the cover instead of immediately revealing it because it is right. Seldom, they are familiar with the business venture they are supporting, which deals with subtle understanding. "A closed circle in which CEOs move, promotes such behaviors, sometimes seen as part of power," says Bernhard Bauhofer, a specialist in reputation management. In the age of transparency, it is no longer possible to keep the love story secretly.

In addition: Shareholders and public sector executives today are morally much stricter than before. For example, the proportion of executives who have been laid off for ethical reasons has increased significantly both globally and in Europe. This was a survey by a consultant-giant PWC. It is clear to Sonja A. Buholzer, an international business consultant and writer: "If there are no modest senior management members, their personal standards are set against them, so it is only right that companies are increasingly criticized for their leadership honestly."

(Sunday newspaper)

Created: 10.11.2018, 21:26

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