Thursday 16 April 2009
Barnet should learn to Welch
Last week, the Council debated the Scrutiny Committee’s report into the way £27.4 million of our money was recklessly invested in the failed Icelandic banks.
Needless to say, the report was watered down to detract any criticism of the Cabinet Member for Resources (Mike Freer) whose committee was required under the Constitution to set and monitor the council’s treasury investment policy.
Politicians are a pretty discredited bunch at the moment. To regain the public’s trust, perhaps Cllr Freer should consider the wise words of Jack Welch, the retired chairman of General Electric Corporation:
“As Leader, you must take the blame and accept responsibility for any failings or mistakes that your people make. Never never never publicly blame another person for a failing. Their failing is your responsibility - true leadership offers no hiding place for a true leader.”