Jamie Dimon has a feeling inflation will be the ‘skunk at the party’—and the Iran conflict may already be enough to scare off the Fed for good

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Another major stumbling block for newly minted senior leaders is an overreliance on past success. “The mistake many leaders make is, ‘I was very successful at this… and so whatever got me here is what I’m going to keep doing,'” Kaplan warned. Instead, leaders must assess their new situation and adapt their style accordingly.

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If you address them upfront, chances are you’ll hit a wall. It will be painful. You will be late. Clients and management will be upset. Trust will erode and without trust, there are few chances you can get management support for necessary refactorings.

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