Navigating Leadership's Invisible Bank Account

Leadership might be like managing a bank account you didn't even know you had—and every tough decision comes with a withdrawal. ASMSA Executive Director Corey Alderdice explores the concept of leadership as a declining balance, explaining how trust and goodwill gradually erode with difficult decisions, even amid meaningful successes. He discusses practical ways leaders can strategically manage their "goodwill account," emphasizing intentional decision-making, clear communication, coalition-building, pacing change wisely, and recognizing when it's time to pass the baton. Ultimately, leadership isn't just about how long your goodwill lasts—it's about investing it thoughtfully to leave behind a legacy of lasting impact.For additional thoughts from Corey, visit coreyalderdice.com.You can also follow him on Twitter/X, LinkedIn, BlueSky, YouTube, Instagram, and Threads.