In Good Company with Nicolai Tangen
Rerun: Morgan Stanley Chair and CEO: Succession, culture, stress, and leadership
Jul 17, 2024
James Gorman, former Chairman and CEO of Morgan Stanley, shares his journey from lawyer to banking leader, emphasizing the impact of upbringing on leadership styles. He discusses the art of integrating company cultures during mergers and the necessity of ethical standards in finance. Gorman also delves into the stress of leadership roles, advocating for mindfulness and exercise to maintain well-being. Plus, he reflects on the importance of selecting leaders who align with company values in a rapidly changing geopolitical and technological landscape.
46:50
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Quick takeaways
- James Gorman's humble upbringing shaped his diplomatic leadership style, emphasizing teamwork and humility.
- Gorman's strategic decision-making and focus on values-driven leadership transformed Morgan Stanley's culture and financial performance.
Deep dives
Leadership Insights and Family Background
Growing up in a large family taught James Gorman valuable lessons in humility and teamwork. His diverse upbringing helped develop his diplomatic skills, positioning him as a strategic leader. Prior experiences at institutions like McKinsey informed his leadership style, emphasizing the importance of intellect and interpersonal skills.
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