By Jay Hooley, State Street chairman, president and chief executiveNEW YORK ( TheStreet) -- On the precipice of the three-year anniversary of Dodd-Frank and amid Senate discussions around weakening some of its reforms, it's important to bear in mind that every financial shock is followed by a period of finger pointing, hand wringing, chest thumping and hindsight. But when you are a leader whose organization and industry have come under heightened scrutiny, hindsight is a luxury that time will not allow. You're expected to act quickly, and your actions will be held to the highest of standards. For CEOs, this means all eyes will be on you, and every one of your stakeholders -- from your investors to your employees -- will expect you to exhibit the power and endurance of an Olympian while demonstrating the integrity and leadership expected of all leaders. Your every action will determine if your team draws the right lessons from the turmoil you've experienced and if you can successfully steer your company through any fallout. Doing this isn't always easy, but the right strategies can help you improve the outcomes.
Today's "do more with less" value chain will not allow for endless research and development without measurable deliverables. You'll need more than one path to victory, and you'll need the technology to help find those paths.