What’s the best legacy a leader can leave? A Track Record of Results? Is the best legacy a leader can leave a track record of significant results achieved? Laudable results for a business leader might include record sales, higher profits, significant brand appreciation, or markets developed. For nonprofit leaders, it might be deeper and … Read more
One of the most powerful ideas we discovered in our research for our book, Triple Crown Leadership—including interviewing leaders in 61 organizations in 11 countries—is one we call “stewards” (and building a culture of stewardship). It’s one of the most unusual and counterintuitive leadership practices we’ve ever discovered. A “steward” is a person who is … Read more
In his classic essay, “The Servant as Leader,” Robert Greenleaf (creator of the servant leadership framework), wrote the following: “Anyone can lead…. There is a problem of getting used to the idea of no single chief, but the passage of time will allay that.” -Robert Greenleaf This short statement has profound implications. Empowerment Historically, … 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
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
Most leaders understand that organizational culture is important. But many struggle with how to change and improve their culture. For too many leaders, culture is too ethereal, too hard to measure, too intangible. So, they muddle along with speeches, slogans, or projects, but their organizational culture refuses to budge. That’s unfortunate because your ideal culture … Read more
In 1981 I joined Monarch Marking Systems as their president. This subsidiary of Pitney Bowes was the leader in price-marking equipment used by retailers. But scannable bar codes had just come out, so price-marking equipment might become obsolete. I was stoked by this strategic challenge! Monarch had wisely reinvented itself as a bar code printer … Read more
“I came to see, in my time at IBM, that culture isn’t just one aspect of the game – it is the game.” -Lou Gerstner, former CEO of IBM in Who Says Elephants Can’t Dance Most leaders know the importance of culture but have little first-hand experience with how to develop a healthy, trusting, high-performance culture. … Read more
Does your organization have some toxic micro-cultures? If so, you ignore them at your peril. Much is written these days about the importance of culture in boosting an organization’s success. Strategy is important, as are talent, business models, innovation, and more. But culture, “how we do things here,” as we like to define it, can … Read more
Boards have special leadership responsibilities to ensure their organizations are trustworthy. If their firms are not trustworthy, they will suffer at the hands of regulators, customers, employees, and shareholders. But surely boards are consumed with the important duties of corporate governance, strategy, risk management, compliance, executive compensation, and succession. Can we realistically expect boards to take … Read more
“Culture isn’t just one aspect of the game—it is the game.” –Lou Gerstner, former IBM CEO Most boards think “culture” is the soft, fuzzy stuff that some CEO’s or HR leaders may pay attention to. These boards are sadly wrong. A high-performing, ethical culture can be a great source of competitive advantage. An organization’s culture … Read more
Guest Blog by Charles H. Green Leadership’s not what it used to be. There used to be leaders, and followers. Leaders were the few, the chosen. They were charismatic, insightful, inspiring. They seemed to be born (and then maybe tuned up), rather than made. High performers were the audience for leadership development programs, which targeted … Read more
Our colleague in leadership, Harvey Kaufman, edited down one of his longer pieces on alignment so that we might share some of his wisdom and insight here. A few years ago, I attended a Corporate Social Responsibility conference. As you might expect (although I didn’t) a major focus of the conference was how to market … Read more
Great leadership has many responsibilities: Safeguarding your colleagues Serving your stakeholders Making tough decisions Planning for succession And much more However, certain responsibilities are critically important and do not get the time and attention they deserve. Here are three. 1) Commit to the triple crown quest of building an excellent, ethical, and enduring organization. The … Read more
“Culture isn’t just one aspect of the game—it is the game.” –Lou Gerstner, former CEO of IBM How can your organization gain a sustainable competitive advantage? Technological breakthrough? Killer patents? Brilliant strategy? Protected regulatory position? We suggest another, perhaps even more powerful, way: Create a high-performance culture of character. Create a culture intent on building … Read more
Recently, we heard about a law firm whose partners, after operating for a while, decided to draft a list of the firm’s values. As part of that process, the partners discussed their own personal values: their core beliefs and principles, and what they valued most. During that exercise, it soon became clear that “family” was … Read more
“I came to see, in my time at IBM, that culture isn’t just one aspect of the game, it is the game.” –Lou Gerstner, former Chairman and CEO, IBM, and author, Who Says Elephants Can’t Dance? (2002) How can leaders build a high-performance culture? Culture is powerful. Culture has a huge influence on what people do … Read more
Sometimes you have to walk out. Some of you are stuck in a toxic firm or with a terrible boss. But before you say, “Take this job and shove it” (to quote the old song), let’s run through a pre-flight checklist before flying the coop. #1 Live Lean. If you don’t have your dream job … 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
Especially at the start of a new school year, classrooms can be chaotic with students testing the limits of a teacher’s authority and not wanting to be constrained again after summer’s freedom. Some highly effective teachers have borrowed a page from the playbook of high-performance teams in other kinds of organizations by eliciting the shared … Read more
Interview with Nancy Tuor Former Group President CH2M Hill Leaders Speak Series CH2M HILL, founded in 1946, is a global provider of consulting, design, construction, and operations services for corporations and governments. Headquartered near Denver, the employee-owned company has revenue of over $6 billion and employs over 30,000 people worldwide. CH2M Hill manages large, complex … Read more
Interview with Chip Baird Founder and Managing Director, North Castle Partners Leaders Speak Series North Castle Partners is a leading private equity firm headquartered in Greenwich, Connecticut, committed to creating extraordinary value for its companies, employees, investors, and communities. Charles (Chip) Baird, Jr., North Castle’s Managing Director, founded the firm in 1997. From 1989 to 1997, … Read more
Interview with the late Tony Hsieh, former CEO of Zappos, Leaders Speak Series Tony Hsieh was CEO of online retailer Zappos and author of Delivering Happiness: A Path to Profits, Passion, and Purpose. Here are excerpts of our interview with him for Triple Crown Leadership. How would you describe the organization’s leadership approach? Hsieh: … Read more
Interview with Mike Critelli Former CEO and Chairman, Pitney Bowes Leaders Speak Series Mike Critelli was the CEO of Pitney Bowes (PB) from 1994 until 2007, continuing afterwards as Executive Chairman until 2008. PB, a leading provider of customer communication technologies, was one of the eleven companies identified by Jim Collins as “great” in Good … 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
“Building a Values-Based Company” Interview with Bob Hatcher President and CEO, MidCountry Financial Corporation Leaders Speak Series MidCountry Financial Corporation is a financial services holding company. Over the past ten years, it has acquired several financial companies, some of them troubled, blending them into a new, values-based organization. We interviewed Bob Hatcher, its founder, president, and … Read more
“Sustainable Leadership” Interview with Kit Crawford Co-Owner and Co-CEO, Clif Bar & Company Leaders Speak Series Clif Bar & Company is a privately held, family- and employee- owned company, creating nutritious and organic food for people-on-the-go. It has achieved double-digit annual revenue growth and won a long list of employment, diversity, and sustainability awards, including … Read more
“Breakdowns and Trans-Generational Culture” Interview with Dr. Dan Sweeney, Director, Institute for Enterprise Ethics, University of Denver Leaders Speak Series Why do so many organizations break down? In recent years, some major corporations have had breakdowns and made significant missteps (e.g., BP, Johnson & Johnson, and Toyota). We interviewed Dr. Dan Sweeney, Director of the … Read more
“The grass always looks greener beyond your cow pies.” -(We made that up.) Tempted to switch organizations? Bigger responsibilities, title, pay? Before you make the move, find out what the culture really is. Unless, of course, you’re a serial job switcher only interested in how fast you can become a VP. This blog is not for you. … Read more
Whistleblowers play an important role in divulging ethical breaches, but we must reframe their role in order to preserve the ethical imperative in organizations. Unethical behavior is rampant nowadays. We see it across the board. We see it in business (e.g., Walmart bribery scandal, LIBOR scandal, Peregrine scandal, and many more); in universities (Harvard, Penn … Read more
Startups are thrilling. It’s hard to beat the excitement of launching an innovative new venture. The excitement is palpable, and it leads to a kind of euphoria in the venture’s culture. But too often that initial euphoria descends into culture deflation, like the air leaking out of a tire. First it slows you down. Eventually … Read more
