Work In Progress

Theranos & The Curse of High Expectations


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Without a doubt, Elizabeth Holmes and the Theranos executive team are criminals. After defrauding investors of hundreds of millions of dollars, Holmes's fate was sealed this week as the date for her prison sentence to begin was set. Still, it is important for us to recognize that we are also prone to the biases and situational factors that accelerated the misbehavior of these individuals. Incentives inherent to our jobs and whether leaders highlight inputs or outputs of teams can have undesirable influence on the way that team approaches its work. These problems can be accentuated when we value people for the work they deliver rather than for who they are. Here, we will explore these influences and how we can minimize their damaging potential.

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Work In ProgressBy Patrick McKendry