Ghosn’s co-chairman at Nissan said of the charges of using company money for personal expenses and under-reporting his earnings, “Looking back, the concentration of power was something we needed to deeply reflect on.”
Actually, you just needed to audit the expenses of the CEO. That is the Barometer number one tip for curbing what is called in the field of business heretics, “The Bathsheba Syndrome,” as in David &, in the Old Testament. Charismatic leaders (and both King David and Ghosn had that in spades), when they are unchecked, by little things such as their expenses, and without “yes” people around them do tend to get a little loosey goosey with the rules. As in the rules do not apply to them.
David saw this problem in King Saul. Upon Saul’s death, David wrote, “How are the mighty fallen.” 2 Samuel 1:19. Indeed, for David and Bathsheba and for Carlos Ghosn and personal expenses. They are fallen for the failure to stay within the basic norms. A good auditor and a staff willing to speak up can help.