Moving from individual contributor to leader requires more than a title change. It demands a mindset shift. Delegation becomes essential, but doing it well means more than handing off tasks. In this article, we explore the delicate balance of empowering others, developing team-wide capability, and staying close enough to catch issues before they become consequences. True leadership, especially in finance, means learning how to let go without losing connection.
When the boardroom becomes a toy box, oversight turns into ornament — and the cost can be staggering.
In the wake of the Detroit Riverfront Conservancy’s $40 million embezzlement scandal, the real failure wasn’t just one individual — it was a breakdown in governance, accountability, and internal controls.
This post explores the warning signs every organization should watch for, the role of the board in safeguarding resources, and the structural changes that could prevent the next crisis before it starts.
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