Leadership and the Law of Timing – The Bailout Bill goes down

September 29th, 2008 by Gallagher John No Comments

So, the bailout vote failed today and the finger pointing has started…

As I watch the news right now, I am taken back to the second Leadership book I read over 12 years ago. It was a gift from a mentor and friend of mine, Tom Carmazzi. The title was The 21 Irrefutable Laws of Leadership. In it one of the laws is the Law of Timing which states that “when to lead is important as what to do”. And, it further says that the right decision at the wrong time is met with resistance…, the wrong decision at the wrong time is disaster…and the right decision at the right time is met with support.

Now, I have never been a fan of Nancy Pelosi, and that would be an understatement on my part. However, her ‘speech’ today just before the vote bashing the Republican right is a clear sign of her lack of leadership and her total ignorance of the Law of Timing. Whether what she said was right or wrong, it was the WRONG TIME to be on her stump and go partisan politics. Would the Bill have been approved without the speech? I don’t know, but I assure you that her timing was simply atrocious.

Investors lost a trillion dollars today as the Stock market fell nearly 10%. Nearly 2/3 of Americans are in the stock market, whether they own stock, mutual funds, or participate in a 401(k), or EMPLOYED by a company on the stock market! There has been a lot of talk comparing Wall Street and Main Street. Wall Street = Main Street…

This country is crying out for strong leadership. If some of our congressional leaders understood the Law of Timing, it would go a long way to influencing my vote in a few months…