Markus Diethelm: On Success

Markus_Diethelm_2021
Markus Diethelm 2021
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Markus U. Diethelm has been Group General Counsel of UBS Group AG since 2014, having held the same position at UBS AG since 2008, when he became a member of the GEB. Mr. Diethelm is Co-Chairman of the American Swiss Foundation and Chairman of the Swiss Advisory Council.

How can we help everyone - and I mean everyone - live to their potential? Let us begin by putting an end to averagarian thinking - meaning that any organization composed of individuals of average ability, working in accordance with policies, plans and procedures discovered by analysis of fundamental facts of their situations, will in the long run prove more successful and stable than an organization of geniuses each led by inspiration. We have lost dignity for individuality by measuring a person’s uniqueness and value from his / her deviation from the average. Have universities and schools educated students to the same level, or only sorted them according to their innate level of talent? We all have been used to compare our compensation to the average compensation to assess how successful we are or we have judged our children‘s GPA to the average GPA to determine their academic success. Talent is always jagged, and we have probably developed blind spots in relying too much on hiring packets, developed by recruiters helping managers to make hiring decisions. Imagine we skip all resumés and ask three or four simple questions - allowing only for black or white answers (no nuance) - to determine certain basic skills and then tell a job applicant: we don‘t care what you have done or how you have learned your skill- we just want you to be good and excited to put your skills to work!

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