The unkempt hair wasn't the tell. The XXXL T-shirt wasn't the tell. No, the giveaway about disgraced cryptocurrency exchange founder Sam Bankman-Fried was on his sheepish face: that self-deprecating grin.
"I'm sorry... I fucked up," Bankman-Fried tweeted in November, owning up with a virtual shrug to a crypto calamity that erased $8 billion of other people's money. "Had I been a bit more concentrated on what I was doing, I would have been able to be more thorough," BankmanFried told the New York Times as his crypto exchange, FTX, unraveled.
Bankman-Fried's ostentatious display of incompetence is likely self-serving, given that he faces criminal fraud charges, but the implication is unmistakable: Other, lesser minds should have been sweating the small stuff.
When I read about Bankman-Fried's professed ineptitude, my first thought was "What a clown!" But increasingly I've begun to feel a wary connection: "There, but for the grace of God..."
I wrote the book on workplace behavior. Okay, maybe not the book. But a book. It's called Works Well With Others. Published in 2015, it tells the story of how I, as a young in-flight magazine editor from Texas, navigated New York City's famously status-conscious media world. My book's thesis is that being well-liked by your colleagues and bosses is a path to professional success, in whatever field you're in. There are chapters on shaking hands, making small talk, and giving a toast, and a chapter called "How to Have a Meaningful Lunch in a Fancy Restaurant Full of Important People."
I didn't write the book just for men. But in retrospect I see that some of its advice works best for the demographic I happen to belong to: straight, white, male.
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Denne historien er fra February - March 2023-utgaven av Fortune US.
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KKR'S $1 TRILLION GAMBLE
The co-CEOs of KKR have a radical strategy to supercharge growth - and chart a path far different from that of their mentors, Henry Kravis and George Roberts.
THE SHIPWRECKED LEGACY OF MIKE LYNCH
THE BRITISH TECH MOGUL SOLD HIS COMPANY FOR $11 BILLION, THEN SPENT YEARS FIGHTING FRAUD CHARGES. HIS SHOCKING DEATH HAS LEFT MANY UNANSWERED QUESTIONS ABOUT HIS LIFE.
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Kamalanomics: Harris's Road Map for Business
Vice President Kamala Harris hasn't done much to woo Big Business. Many executives would still rather take their chances with her than the alternative.
Mary Barra
The CEO of General Motors accelerates into our top spot.
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WHEN FORTUNE launched its Most Powerful Women list in 1998, women were just starting to trickle into the C-suite in significant numbers.
WHO HAS TIME FOR A POWER LUNCH? THE REAL BUSINESS HAPPENS AT 4 P.M. 'POWER HOUR.'
THE SUN is pouring in through the floor-to-ceiling windows when the bar begins to fill with bespoke suits on a Tuesday in August at Four Twenty Five. The new restaurant from Jean-Georges Vongerichten is on the first floor of a Midtown Manhattan skyscraper, beneath the offices of financial giant Citadel Securities. And the traders are thirsty.
HOW TO TAKE ADVANTAGE OF THE FED'S BIG RATE CUT
THE WAIT IS OVER. After more than a year of will-they-or-won't-they, the Federal Reserve on Sept. 18 announced the first cut to its benchmark Federal funds rate since the early days of the COVID-19 pandemic, a 50-basis-point drop that Chairman Jerome Powell signaled is likely the first of many.
FOR GEN Z AT WORK, THE GENERATION GAP IS A WELLNESS GAP. HERE'S HOW TO BRIDGE IT
FOR ONE nonprofit executive director, it was a 2022 New York City subway shooting that highlighted the stark differences between how he, a 55-year-old, and his Gen Z staffers show up to work.