Article Summary: What leaders need to know about risk and cognitive biases. Assessing and managing risk is hard enough on its own for leaders, but it’s made even more difficult by cognitive biases. Examples of several cognitive biases and how they can challenge leaders and organizations, plus two techniques for addressing them. +++ When it … Read more
When it comes to leadership and risk, there’s a Hollywood version that tells a stylized story of maximum risk-taking leading to mind-boggling gains. Think of the way Amazon scaled, transforming from an online book-seller to an online everything-seller—now with about 40% of all U.S. retail ecommerce. Recall how Jeff Bezos talks about their “day one” … Read more
There we were, putting our heart and soul into a bold new startup venture with buckets full of promise. We were all in. The air was electric. And everything was about to come crashing down. Our planned new offering was ambitious and pathbreaking. We knew we had our work cut out for us. The scope … Read more
I’ve been reflecting lately on lessons I’ve learned from playing sports over the years. Last week, I wrote about what sports taught me about life, so here I’m addressing leadership lessons from sports. We all know how sports can help build our character as well as our fitness, how we can learn about teamwork, and … Read more
Article Summary: Factions and office politics are common in organizations. Good leaders learn to bridge such factions and address the politics to help create unified and aligned organizations that excel. +++ Factions are small, dissenting groups within larger groups. Many factions take a contentious approach, fueled by their self-serving agenda and narrow and stubborn view … Read more
Article Summary: Deciding when to take credit versus give credit for accomplishments is a more complicated issue than many people realize. Generally, it’s best to give credit to others, but there are some scenarios where it’s more nuanced. +++ The issue of giving versus taking credit for accomplishments is a tricky one for many leaders … Read more
Article Summary: Good leaders tell their people, “I’ve got your back”—and mean it. They make good on that promise. They protect their team, in the process building loyalty and trust. Do you have your people’s backs? +++ In the film “A Few Good Men,” Lieutenant Daniel Kaffee, played by Tom Cruise, defends two dedicated young … Read more
Article Summary: Dialogue is a rarely used but potentially transformative gathering and communication process that can help groups tap into their collective wisdom, realize new insights, and bridge divides. +++ Good leaders are effective communicators. One powerful but rarely used form of communication is dialogue. Dialogue is a special form of respectful conversation between people … Read more
You’re in a meeting with your boss and colleagues discussing an important issue. You have a new insight to share on how to solve the issue, so you speak up. How would you feel if everybody ignores what you said and just moves on in the conversation? Or if the next person to speak says, … Read more
I was co-captain of the soccer team and we were flailing. Things weren’t all bad. We had good players—some great—and were doing well in league matches. But for some reason this season, several players were rebelling against the coach. Perhaps some of it was resentment about the intense focus on fitness, with brutal sprinting drills … Read more
In our last post, we wrote about Tiger Teams–temporary special action teams created and empowered to attack problems and exploit opportunities. Bob first witnessed the power of alignment and flow with the Pathfinder team at Monarch Marking Systems. In the early 1980s, retailers were rapidly adopting bar codes to scan at checkout. Rather than fight … Read more
“There are two things people want more than sex and money—recognition and praise.” -Mary Kay Ash, founder, Mary Kay Inc. It’s not enough to recruit and develop exceptional people. Triple crown leaders—ones who build excellent, ethical, and enduring organizations—must also recognize, celebrate, and reward them effectively through their culture. How Leaders Can Reward People … Read more
“Acquiring and keeping good people is a leader’s most important task.” –John Maxwell, leadership author How much scrutiny do you use in assessing people for your team? What do you look for? And how? Triple crown leaders—ones who build organizations that are excellent, ethical, and enduring—systematically recruit people with specific characteristics. They invest their precious … Read more
In “triple crown leadership,” our framework for how to build organizations that are excellent, ethical, and enduring, both head and heart are required for exceptional leadership. In most workplaces, it’s almost all head power. We need much more heart power in leadership. The way most leaders go about identifying and developing talent is utterly insufficient … Read more
A great leader and our dear family friend, Four-Star Air Force General John T. (Jack) Chain died peacefully in his sleep this month at the age of 86. All who knew Jack mourn his loss and are grateful for the time he had with us. Jack and his dear wife Judie were neighbors of Bob … Read more
Most people avoid conflict. But that’s a mistake. Conflict is essential in high-performing teams but must be managed well. Here’s how.
The problems in far too many organizations today are legion: Unproductive, boring meetings Astonishing amounts of wasted time Avoidance of sensitive issues Lack of full engagement Reluctance to provide candid, constructive feedback Political games and hidden agendas Sound familiar? The effects are far-reaching, from low quality work to employee turnover. According to a Corporate Executive Board … Read more
Today’s Human Resources (HR) leader has a wonderful opportunity to make an important strategic contribution: Become your organization’s Chief Culture Officer. If your CEO already acts as the Chief Culture Officer, great. Then you can be his or her Chief Culture Execution Officer. But most CHROs aren’t that fortunate, and you may need some ammunition … Read more
Leaders Venture into the Unknown “It’s a dangerous business, Frodo, going out your door. You step onto the road, and if you don’t keep your feet, there’s no knowing where you might be swept off to.” Bilbo Baggins Leaders Step Up “I will take the Ring,” Frodo said, “though I do not know the way.” … Read more
People won’t follow your leadership if you’re not fully present with them. If you are not present with people, you are not connecting with them. Without connections, the leader/follower relationship breaks down and trust is undermined. People feel devalued. You’re sending a signal that they’re not important. As a result, they won’t commit to follow … Read more
“We have a wrong-headed notion of what constitutes a leader, driven by an obsession with leaders at the top.” –Bill George, Harvard professor, former CEO, Medtronic We have a crisis in leadership today with seemingly continuous scandals rocking business, government, religious organizations, nonprofits, sports, and more. The latest results from the much respected Edelman Trust Barometer … Read more
Disengaged employees are a growing problem for many organizations today. People lack commitment, can be cynical mutterers, and even saboteurs of company initiatives. How can you as a team or organizational leader motivate better performance, even breakthroughs? The answer has many components, from creating a high-performance culture of character with clear goals and empowered followers … Read more
Leaders today need to, not only develop loyal and committed followers, but also unleash other leaders who can lead various critical tasks. Leadership in this scenario is not about the great skills and talents of “the leader,” but the collective strengths and blended talents of the leaders and the followers, who variously lead at times … Read more
(This is a guest blog by Charles Walsh.) One of the most important aspects of leadership today is intentional alignment of purpose and direction. A four-quadrant approach will assist you in achieving high-performance leadership while ensuring balance of effectiveness and impact of results. In the 21st century, the battle cry of top leaders is achieving … Read more
Guest Blog by Chief Karl Bauer We study, teach and write about how to become better leaders. We espouse collaborative visioning, champion the empowerment of subordinates and challenge each other to harness collective wisdom when setting organizational goals. We call upon leaders to provide clear direction, cultivate a climate of support and work tirelessly to … Read more
Words matter in leadership. Bob was once talking to a group of employees about his ideas for setting up dedicated teams to focus on problems. One employee responded, “We are all dedicated here.” Oops. Bob meant teams focused on single problems. The employee thought he was questioning their commitment. Semantics. Words matter in leadership. Think … Read more
“Simplicity is the ultimate sophistication.” -Leonardo Da Vinci Leaders today are swamped with information 24/7. The complexity can be overwhelming. Yet leaders are supposed to rally colleagues with insightful analyses of problems and plans for how to succeed. Justice Oliver Wendell Holmes, Jr. spoke about the importance of getting to the “simplicity on the other side … Read more
Interview with Steve Mushero Founder, CEO, & CTO, ChinaNetCloud Leaders Speak Series Steve Mushero is Founder, CEO, and CTO of ChinaNetCloud, a leading global provider of Internet Managed Services. Headquartered in Shanghai, China, ChinaNetCloud is a private company founded by Silicon Valley technology entrepreneurs, with a team of system experts and support staff in … Read more
Interview with Stephen Von Rump Co-Founder and CEO, Giraff Technologies Leaders Speak Series Stephen Von Rump is Co-Founder and CEO of Giraff Technologies AB. Giraff brings people together in the care of those living at home (e.g., the elderly). Giraff allows you to virtually enter a home from your computer via the Internet and conduct … Read more
Interview with Raj Vinnakota and Eric Adler Co-Founders and Managing Directors, The SEED Foundation Leaders Speak Series The SEED Foundation partners with urban communities to provide educational opportunities that prepare underserved students for success in college and beyond. SEED’s innovative model integrates a rigorous academic program with a nurturing boarding program, which teaches life skills and … Read more
Interview with Tom McCoy Former Executive Vice President, AMD Leaders Speak Series Tom McCoy Founded in 1969, Advanced Micro Devices, Inc. (NYSE: AMD), or AMD, is a Fortune 500, multinational, semiconductor company and the second largest global supplier of microprocessors behind Intel. Thomas M. McCoy joined AMD in 1995 as general counsel and secretary, later … Read more
Leadership a group performance? Ridiculous, right? It’s true. In this age of intense competition, information overload, and downsizing, no leader can do it alone. The amount of work coming into your inbox seems infinite. The faster you turn it out, the faster new stuff roars in. So how do you cope? You recognize that the … Read more
Legendary football coach Lou Holtz, now retired and in the College Football Hall of Fame, had an uncanny ability to turn losing teams into winners. During his college coaching career, he compiled a record of 249 wins, 132 losses, and 7 ties. Holtz’s 1988 Notre Dame team was undefeated and determined to be the consensus … Read more
Many leaders operate from half-truths or outright misconceptions about leadership, often leading to major mistakes. Here are examples. LEADERSHIP MYTHS Myth 1: Leaders Are Born, Not Made 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, or whatever, … Read more
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 … Read more
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 … Read more
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. … Read more
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 … Read more
Interview with John Krol and Ed Breen Tyco International Leaders Speak Series John Krol was elected to Tyco’s board in 2002 and served as lead director until 2008. He is the former chairman and CEO of DuPont. Edward Breen was chairman and CEO of Tyco from 2002 until September 2012, when the company separated into … Read more
Interview with Bill Shore Co-Founder and CEO, Share Our Strength Leaders Speak Series Share Our Strength began in the basement of a row house on Capitol Hill in Washington, D.C. in 1984, in response to the famine then raging in Ethiopia. Brother and sister Bill Shore and Debbie Shore started the nonprofit organization with the … Read more
Culture is simply “how we do things here,” a set of beliefs and habits that influence how people behave. Culture forms over time and determines what happens when authorities are not present, setting the tone for the organization and the norms for acceptable behavior. Lou Gerstner, after his spectacular turnaround of IBM, wrote, “…culture isn’t … Read more
Why do you want to lead? All too often, the answer has breadcrumbs back to ego. The drivers may be disguised in other terms such as recognition, status, power, money, or competitiveness. But it ultimately comes back to ego. Bob recalls an executive who worked with Washington politicians. The executive described the mentality he observed … Read more
