Management lessons from the financial crisis: A conversation with Lowell Bryan and Richard Rumelt

In this conversation, leading strategy thinkers Richard Rumelt, a professor at UCLA’s Anderson School of Management, and Lowell Bryan, a director at McKinsey, discuss the lessons of the financial crisis. Rumelt and Bryan explore the factors that led executives to take huge, unsecured risks, including the separation of risk and rewards, as well as too much focus on managing by the numbers. A podcast of their discussion is also available on our audio page and on iTunes.