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

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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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