Triple Crown Leadership

Triple Crown Leadership

Monthly Archives: December 2012

Walmart Corruption Rampant

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The New York Times broke another story on December 17 on the corruption at Walmart de Mexico and the unwillingness of senior leaders at their Bentonville HQ to pursue the allegations. Reporters David Barstow and Alejandra Xanic von Bertrab reviewed thousands of documents and interviewed dozens of witnesses to corroborate their allegations. Their findings allege that in one cited case (among 19 across Mexico) Walmart executives were not just paying off officials to expedite approvals that would have come anyway but were engaged in falsifying documents, circumventing laws, bribing officials throughout the country, and even excavating land with protected artifacts and treasures, all to get a store open before the holiday rush in 2004. When senior executives at Walmart’s HQ were alerted to the facts, they shut down the investigation   …Continue Reading


Creating a Great Place to Work

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Interview with Mary Ann Tocio President and COO, Bright Horizons Family Solutions Leaders Speak Series Founded in 1986, Bright Horizons Family Solutions is a leading provider of employer-sponsored child care, early education, and work/life solutions. Conducting business in North America, Europe, and India, the privately held company has created employer-sponsored child care and early education programs for more than 850 clients, including more than 130 of the Fortune 500. Bright Horizons has consistently been the only child care organization named to the “100 Best Companies to Work for in America” list by FORTUNE magazine. Here are excerpts of our interview with Mary Ann Tocio, President and COO of Bright Horizons, for Triple Crown Leadership: Tell us about the company’s background and founding. Tocio: Bright Horizons was founded by Roger Brown and   …Continue Reading


Are Leaders Born or Made?

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Many people believe that leaders are born, not made. We disagree. Some people may have more natural intelligence, be more outgoing, have innate speaking skills, and so on, and these may be helpful in leadership. But we believe leadership skills can be learned, not necessarily in the old lecture-take-notes model, but through experience, dialogue, role modeling, feedback, coaching, mentoring, and more. If leadership can be learned, then it can be taught. Leadership is learned, not an innate trait of the gifted few. What do you think? Have you developed your leadership capacities over the years? How? Have you helped to develop the leadership capacities of others? How?  


Leading a World-Class Institution

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Interview with Dr. Shirley M. Tilghman President, Princeton University  Leaders Speak Series  Founded in 1746, Princeton University is consistently ranked as one of the finest institutions of higher education in the world. An honor-system school, the university’s informal motto is “Princeton in the Nation’s Service and in the Service of All Nations.” Distinguished alumni, students, and university leaders range from James Madison to Woodrow Wilson, F. Scott Fitzgerald, Eugene O’Neill, Jimmy Stewart, Jeff Bezos, Eric Schmidt, Meg Whitman, Ben Bernanke, Michelle Obama, and many others. Princeton is associated with 36 Nobel Laureates, 19 National Medal of Science winners, seven National Humanities Medal winners, and three current Supreme Court Associate Justices (Alito, Kagan, and Sotomayor). Dr. Shirley M. Tilghman, a Canadian-born molecular biologist, is the 19th president of Princeton, the first   …Continue Reading


It Takes Teamwork, Trust, & Values to Win

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Leadership insights from John Krol Former chairman and CEO, DuPont Leaders Speak Series E. I. du Pont de Nemours and Company, commonly referred to as DuPont, is one of the world’s largest chemical companies. It was founded in 1802, and its stock is a component of the Dow Jones Industrial Average. John Krol joined DuPont in 1963 as a chemist and rose through the ranks to be its chairman and CEO. He has been active on many corporate and nonprofit boards, including Tyco International (for which we interviewed him for Triple Crown Leadership). In that interview, Krol also shared insights on his leadership challenges at DuPont. Here are excerpts: Krol: Back in the 1980s, the world changed for DuPont because of globalization. We were very slow to move. DuPont was based   …Continue Reading


Turnaround Priority: Establishing Psychological Stability

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For turnarounds to work, leaders must establish psychological stability in the organization. Too many turnaround leaders focus only on financial stability and neglect this critical element.  In the turmoil of a turnaround, many people are demoralized, afraid, or angry. Some feel misled or on the verge of panic. Logo-inscribed ball caps stay in the closet. Some people bail quickly while others are out looking for new jobs.  The turnaround leader must establish not only financial stability but also psychological stability. People need to be unfrozen, empowered to work on critical projects with confidence.  At a successful turnaround Bob led, where the extreme negative cash flow flipped to healthy positive in a few years, he began to establish psychological stability through an all-day senior staff meeting early in the turnaround. Here   …Continue Reading


A Vision of Great Leadership

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Interview with Ursula Burns Chairman and CEO, Xerox Leaders Speak Series  Ursula M. Burns is chairman and CEO of Xerox. With sales approaching $23 billion, Xerox (NYSE: XRX) is the world’s leading enterprise for business process and document management.  Burns joined Xerox in 1980 as a mechanical engineering summer intern and then worked her way up to the top. Alongside then-CEO Anne Mulcahy, Burns worked to restructure Xerox through its turnaround.  Burns became CEO in 2009. Today, she leads the 140,000 people of Xerox who serve clients in more than 160 countries. Burns is also a board director of the American Express Corporation and provides leadership counsel to the National Academy Foundation, MIT, and the U.S. Olympic Committee. In 2010, U.S. President Barack Obama appointed Burns vice chair of the President’s Export   …Continue Reading