• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

3

Current price of oil as of June 11, 2026

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

3

Current price of oil as of June 11, 2026
Commentary

Oscars 2017: What Leaders Can Learn from the Best-Picture Mixup

By
Lauren Stiller Rikleen
Lauren Stiller Rikleen
Down Arrow Button Icon
By
Lauren Stiller Rikleen
Lauren Stiller Rikleen
Down Arrow Button Icon
February 27, 2017, 5:32 PM ET
89th Academy Awards - Oscars Awards Show
Writer and Director Barry Jenkins of "Moonlight" holds up the Best Picture Oscar in front of host Jimmy Kimmel (rear) as he stands with Producer Adele Romanski (R) at the 89th Academy Awards on February 26, 2017 in Hollywood. © Lucy Nicholson / Reuters

By now, most know about the big Oscars snafu on Sunday night when the Academy accidently announced the wrong winner for this year’s Best Picture category. Oddly enough, the scene that followed on stage provided drama suitable for a motion picture, but it also offered leadership lessons for a nation starved for positive examples of grace under fire.

In hindsight, it seemed clear from the moment Warren Beatty opened the envelope that was supposed to contain the winner for Best Picture that something was amiss. Beatty, who has previously received more than a dozen Oscar nominations, is no stranger to the tension and gravity of the moment when a winner is announced on stage. He looked hesitant when he opened the envelope and seemed to be looking for help from his co-announcer, Faye Dunaway. Misreading Beatty’s hesitation as a playful effort to prolong the suspense, Dunaway, herself a three-time nominee and Best Actress winner, looked at the envelope’s contents and blurted out La La Land.

Moonlight had actually won. And as the nearly 35 million viewers soon saw, Beatty had been given the wrong envelope.

La La Land producer Jordan Horowitz handled a moment of crushing disappointment with grace and dignity. He was midway through his speech when he realized the mixup and tried to tell the audience and producers of Moonlight that they were not part of a strange prank.

There were no on-stage outbursts, nor subsequent efforts to cry foul. As he noted in an interview, Horowitz felt a responsibility to bring clarity to the moment and give those associated with Moonlight their chance to shine.

The incident likely left host Jimmy Kimmel feeling like a pitcher who threw a perfect game – until the ninth inning. His gentle humor throughout the evening had offered a perfect escape from the coarseness of recent political discourse. He was minutes away from celebrating his own successful night when the biggest error possibly in Oscar history ensued. Kimmel gamely joined the officials on stage and made a few efforts at humor.

It was in his closing sentence, however, that Kimmel acted like the perfect host of a party where a guest behaved badly. He reminded people that “it’s just an awards show,” and publicly blamed himself. His words in that moment had the effect of deflecting blame from others, as he shifted the burden onto himself, notwithstanding that he likely had no role in the debacle.

Following the telecast, Pricewaterhouse Coopers LLP, the accounting firm that has long been responsible for counting Oscar ballots, issued a straight-forward apology. PwC refrained from the typical public apologies that grudgingly extend to “anyone who may have been hurt,” and instead apologized to the films, the presenters, and others who were impacted by the error. The company also vowed an investigation into how the mistake occurred.

The Moonlight winners, understandably stunned as they gave their remarks, did not express bitterness. Yet their lost time to shine on the international stage is particularly poignant as it deprived the world an opportunity to learn about the film’s underlying story of a young black male navigating his life of poverty and sexual identity as a gay man. These were Oscar firsts that deserved that chance to bask in a more public joy.

So the lesson leaders of any organization can take away from this is: own your mistakes; fix them; apologize for them; investigate them; and do the best you can to move on and learn from them.

Lauren Stiller Rikleen is president of the Rikleen Institute for Strategic Leadership and author of the book, Ladder Down: Success Strategies For Lawyers From Women Who Will Be Hiring, Reviewing, And Promoting You.

About the Author
By Lauren Stiller Rikleen
See full bioRight Arrow Button Icon

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Commentary

fort
CommentaryFlorida
Ken Griffin has Miami. Stephen Ross has West Palm Beach. Fort Lauderdale had Wayne Huizenga — and it’s been winning ever since
By Jenni MorejonJune 12, 2026
1 hour ago
Three ways that Asia’s enterprises are adopting AI—and where they are falling behind
CommentaryOracle
Three ways that Asia’s enterprises are adopting AI—and where they are falling behind
By Garrett IlgJune 11, 2026
15 hours ago
gordon
CommentaryVenture Capital
Gordon Ritter: I predicted AI’s learning loop a decade ago. The doomers are still measuring the wrong thing
By Gordon RitterJune 11, 2026
24 hours ago
bessent
CommentarySocial Security
Social Security and Medicare are heading toward insolvency. Congress has 6 years to act
By Steve H. Hanke and David M. WalkerJune 11, 2026
1 day ago
Digital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful
Commentarydata sovereignty
Digital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful
By Leonard LimJune 10, 2026
2 days ago
tim
CommentaryAirline industry
Merlin CTO: autonomy can rebuild the foundation of aviation — and national security
By Tim BurnsJune 9, 2026
3 days ago

Most Popular

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
By Sasha RogelbergJune 10, 2026
2 days ago
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
Environment
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
By Catherina GioinoJune 9, 2026
3 days ago
Current price of oil as of June 11, 2026
Personal Finance
Current price of oil as of June 11, 2026
By Joseph HostetlerJune 11, 2026
23 hours ago
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
Innovation
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
By Amanda GerutJune 9, 2026
3 days ago
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
Success
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
By Preston ForeJune 8, 2026
4 days ago
SpaceX's record IPO has Wall Street torn between a Musk 'holy grail' and a $135-per-share leap of faith
Startups & Venture
SpaceX's record IPO has Wall Street torn between a Musk 'holy grail' and a $135-per-share leap of faith
By Marco Quiroz-GutierrezJune 11, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.