guest lectures

Question 1

LAZARD & CO. GMBH

Key leadership topics faced in investment banking

Answer 1

1. Pyramid vs. hourglass hierarchy structure
2. Execution vs. Marketing: important to calibrate time/resources for execution and marketing
3. Age gap: huge portion of staff which is young and only stays for a few years, important as a
   leader to develop and train the young employees
4. Intrinsic motivation: get out of your comfort zone asap, creating a „team atmosphere“ to
   keep the employees motivated

5. Work-life balance: especially important for the younger generation, work-life balance vs. high
class and fast service

6. Remote work management: new leadership skill,

Question 2

Actual investment banking hierarchy levels - the „hourglass“

Answer 2

• Lack of executive staff, since Associates get a lot of attractive job offers
• Leaders need to keep that in mind and try to develop new leaders
• keep the young employees in the company

Question 3

How do you create a sustainable team spirit?

Answer 3

• Build an environment where people of the junior team see each other as colleagues and not as
competitors
• Team events
• Develop the people - give them the ability to make process

Question 4

Leading Through a Crisis

Answer 4

• Communication & Future Orientation - Weekly Newsletter, Virtual Friday Drinks
• Focus on the Probable not the Possible - Scenario Planning but Reality Execution

• Rapid Experimentation & Learning Forward - Process Optimization Technology Upgrades &
Releases