Goldman Sachs vice chair on the hidden trap of senior management: 'pretty soon the bosses are no longer watching you' | Fortune
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Goldman Sachs vice chair on the hidden trap of senior management: 'pretty soon the bosses are no longer watching you' | Fortune
"When you're junior, you've got senior people watching everything you do. As you get more senior and you get promoted, pretty soon the bosses are no longer watching you. The only people watching you are your subordinates. This lack of upward oversight creates a pileup of people who find themselves suddenly failing after a track record of astounding success."
"I spent the last 20 years getting an avalanche of people coming at me who are highly successful for a period and then hit a wall. Over his decades of experience, Kaplan has identified a toxic combination that brings down senior management: isolation, blind spots, an inability to learn, and a lack of relationships."
Senior executives face a critical transition point where supervisory oversight disappears, creating vulnerability despite their track record of success. As professionals advance, senior mentors stop monitoring their performance, leaving only subordinates observing their actions. This shift creates conditions for failure among previously high-performing leaders. Rob Kaplan, vice chairman of Goldman Sachs, identifies a toxic combination causing senior management failures: isolation, blind spots, inability to learn, and lack of meaningful relationships. Over twenty years, Kaplan has observed highly successful professionals suddenly hitting walls in their careers. His role at Goldman Sachs emphasizes mentoring and leadership development to address these challenges.
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