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8min chapter
#195: Charlie Scharf, CEO and President of Wells Fargo – Set the right example
How Leaders Lead with David Novak
Navigating Leadership Challenges in Banking Institutions
The speaker shares insights on transitioning to Bank of New York Mellon, emphasizing motivation and emotional connection with employees to drive change. They discuss the pressure and expectations of big leadership roles and reflect on rebuilding Wells Fargo's reputation amidst challenges. The chapter also delves into differences in leading successful versus struggling companies, highlighting the importance of strategic planning and leaving a positive impact for stakeholders.
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