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                                            GREAT COMMUNICATION SECRETS OF GREAT LEADERS
                  FIGURE 3-3 Restoring Credibility
                                          3 As
                                          Acknowledge
                                           Apologize
                                             Amend
                       Bill Clinton lied to the American people in the Lewinsky affair and
                       turned an indiscretion into a political quagmire that harmed his presi-
                       dency. When he finally did acknowledge his misdeeds, it was too late.
                       His credibility was destroyed, and while he had nearly two more years
                       in office, his presidency will always remain one of potential rather than
                       achievement. By contrast, Jack Welch acknowledged that news of his
                       lucrative postretirement perquisites was hurting G.E., so he stepped to
                       the fore and voluntarily surrendered those perquisites rather than risk
                       besmirching his former employer.
                       Apologize. Admit that what you did was wrong and say you are sorry.
                       It may be painful for the moment, but it can shorten the agony and
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                       enable the leader to put the incident behind her or him. During the
                       war in Afghanistan, our military was involved in several incidents
                       that harmed civilians and friendly forces. Our military commanders
                       acknowledged the mistakes and apologized immediately. Credibility
                       between the wronged parties and the U.S. government was maintained.
                       Make amends. Find ways to make it up to the people you have

                                                                  8
                       wronged. Make restitution to those you have harmed. For example, if
                       a company is found to have cooked the books, the perpetrators need to
                       be punished. If those actions resulted in a loss of pension funds for
                       employees, the company should find ways to make restitution. This
                       is not simply courtesy, it is a way of repaying loyalty and ensuring its
                       continuance.
                      The point must be made that the leader may not be the person who was
                  directly responsible for misdeeds. As the leader of an organization, however,
                  he or she owes it to the stakeholders to take responsibility and be accountable
                  when things go wrong. Leaders who step forward and accept blame will often
                  rise in stature, not decline. Why? Because they are seen as people who are
                  trustworthy.  Credibility,  remember,  is  like  currency;  followers  decide  how
                  much of it they want to buy, sell, or hold. The greater the holdings, the greater
                  the levels of trust.
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