Sir Alex Ferguson’s 26 years managing English football club Manchester United won him worldwide fame for success and leadership. He even became a Harvard Business School case study; when Ferguson visited the classroom, it was standing-room only. Unfortunately, when he quit in 2013, he remained as a director — a distracting influence, hampering his successors in the eyes of critics. A decade later, the club hasn’t got close to matching his trophy haul.

There’s a lesson here for long-term leaders: When the time comes, let go. James Gorman at Morgan Stanley has definitely learned it; Jamie Dimon and the board of JPMorgan Chase & Co. should reflect on it over the next couple of years.

QOSHE - What JPMorgan Can Learn From Morgan Stanley and Manchester United - Paul J. Davies
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What JPMorgan Can Learn From Morgan Stanley and Manchester United

11 7
28.05.2024

Sir Alex Ferguson’s 26 years managing English football club Manchester United won him worldwide fame for success and leadership. He even became a Harvard Business School case........

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