'The Price of Shame' – what Monica Lewinsky can teach brokers

'The Price of Shame' – what Monica Lewinsky can teach brokers



Stop sweeping things under the rug

Just months before former Monster.com CEO Sal Iannuzzi was forced out, he publicly dismissed poor earnings and abysmal ratings, claiming instead; “The company is stronger today than it had been at any point in the last seven or eight years.”

Refusing to acknowledge the real situation at hand only harms a leader’s integrity – the only way to manage a crisis is to meet it head on and face the reality.

“Overnight I went from being a completely private figure to a publicly humiliated one worldwide,” Lewinsky admits. “I was branded as a tramp, tart, slut, whore, bimbo; and of course that woman.”

Widen the perspective 

Despite the candid discourse, Lewinsky uses her own personal crisis to give context to a wider issue – cyber bullying.

Like this, leaders who have made a big mistake mustn’t make it about themselves – instead, strong leaders will actively pursue channels to prevent such a mistake ever happening again.

“I hope my past experience can lead to a change that results in less suffering for others,” she says.

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