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Viewsroom

Viewsroom: How long should a leader lead?

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 16 March 2018

⏱️ 15 minutes

🧾️ Download transcript

Summary

China’s President Xi Jinping can now stay in power for life. Goldman Sachs CEO Lloyd Blankfein seems ready to retire after 12 years at the top. Yet five years may be the ideal length of service. Breakingviews columnists discuss the limitations to limitless rule. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:07.0

But it knows nothing about your work. Slackbot is different. It doesn't just know the facts.

0:14.0

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0:20.0

Because Slackbot isn't just another AI.

0:23.3

It's AI that knows your work as well as you do.

0:26.4

Visit Slack.com forward slash meet Slackbot to learn more.

0:30.4

The views expressed on this podcast are those of the participants, not of Roalders News.

0:40.0

How long should a leader remain a leader?

0:42.9

That's the question we'll be tackling on this week's Views Room,

0:45.5

a weekly conversation among breaking views columnists about the ups and downs of the world of finance.

0:51.3

I'm Anthony Curry, and my co-host is Jennifer Saber. Hi, Jen. Hello. And we also have

0:56.2

on the line from Washington, Chris Beddow, hi Chris. Hi, Chris. And speaking of leaders, we also have

1:02.7

our new Lord and Master, John Foley, US editor in the studio with us. Hi, John. This leader will

1:08.2

remain a leader for a very long time. I sir, I suppose I should be saying, yes. So actually, John, you're the one who prompted the idea of

1:16.3

doing this as a big discussion on leadership. So because, you know, we're looking at China last week,

1:22.7

abolishing its two-term limit for the presidency. So Xi Jinping can now stay in power indefinitely if he chooses to.

1:30.5

Meanwhile, we also had last week and this week news about out of Goldman Sachs that Lloyd Blankfein is almost certainly going to step down pretty soon, admittedly after 12 or so years on the job.

1:40.1

So what is it about these two very different institutions, a basically communist-style government

1:47.7

and one of all streets, best nine investment banks and their leadership? They've got you thinking

1:52.1

there is something here that we should jump on to. Well, you've got these two, obviously,

1:57.0

as you say, very different institutions. One is Goldman Sachs, the other is the Communist Party of China.

2:01.4

I would argue they are different.

...

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