CHAPTER 40

THE MANAGEMENT JOURNEY

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Most career people start by learning a craft: teaching, accounting, analysis, trading or an arcane craft like settlements in the tripartite asset collaterised repo market. If you master these skills well, you will be promoted and face your first great career crisis.

How can a promotion be a crisis? The problems start if you fail to recognise that the rules of the game have changed: you cannot do more of the same if you want to succeed. You face the problem of the leader in the locker room. Imagine you are a very good football player. You get asked to manage the team. As a role model for the team you train and ...

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