Article Summary: Self-control can be learned and developed. Good leaders demonstrate self-control, mastering their impulses and emotions. +++ Self-control is our ability to manage our impulses, emotions, feelings, and desires to influence our behavior, especially in difficult situations. It’s a form of self-discipline that helps us address our weaknesses, avoid undesirable behavior, and pursue what’s … Read more
There I was, giving a guest lecture on leadership at a European business school, when I got an intriguing question from a student in the back of the room: “Excuse me, why are we talking about ethics? This is a course about leadership.“ I came to realize what a gift this question was. His question … Read more
(This presentation was given on April 27, 2022, by Bob Vanourek at the University of Denver’s Elevate Ethics 2022 Event, hosted by the Daniels College of Business and the Institute for Enterprise Ethics.) “Elevate Ethics.” What a wonderful title. I want to speak tonight about ethical leadership, my passion. How can we be more ethical … Read more
It’s one thing to achieve outstanding results. It’s another thing to do so ethically, especially when others are cutting corners. Operating ethically is the second imperative of what we call “triple crown leadership” (excellent, ethical, and enduring). To us, “ethical” means acting in accordance with accepted principles of right and wrong: acting with integrity. Leaders … Read more
Leadership involves so many difficult challenges and exceptional behaviors and mindsets. These days, we ask much of our leaders. When I ask workers to quickly name the qualities that arise in their minds when they hear the word “leader,” I am instantly assaulted by a barrage of words: vision, charisma, confidence, clarity, responsibility, results, judgment, emotional … Read more
There are many ways to think about leadership. For some, as we have seen, it is about control or power. For others, it is about achievement or recognition. For others, thankfully, it is about people and service, along with higher purpose and positive impact. Since leadership by definition involves a relationship between leaders and followers—and, more … Read more
Credibility: the quality of being worthy of belief and trust Credibility, which flows from character and competence, is one of the most essential aspects of leadership. High credibility is a tremendous asset for leaders seeking to achieve exceptional performance and positive impacts. Low credibility is devastating. Credible leaders are straight with people, even about hard … Read more
Scandals. Fraud. Abuse of power. Greed. Corruption. Tax evasion. Coverups. Once rare occurrences, coming back to haunt us every decade or so, these are now front and center in our daily lives and our daily news cycle. We see them in government, in business, and even in nonprofits and some religious organizations. It seems as … Read more
Building trust is an imperative to creating a better world. Through my work advocating ethical and values-based leadership, I sometimes see eyes glaze over. “Whose values?” “How do you define what’s ethical?” “Can we really act morally in this rough-and-tumble world?” Fair questions from people trying to survive in a tough, competitive environment. While many … Read more
“Divorced from ethics, leadership is reduced to management and politics to mere technique.” -James MacGregor Burns We all face ethical challenges and dilemmas, and all the more so if we lead. Think how you would act in the following scenarios: You give the cashier a $10 bill, and she gives you change for a $20. … 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
The sports world is abuzz with excitement. We may have our first Triple Crown winner since 1978, when Affirmed captured what has been called “the most elusive championship” in all of sports. California Chrome is poised to accomplish this incredible feat on June 7 if he can win at Belmont Park. This unlikely horse, bred … Read more
“The softest pillow is a clear conscience.” –Narayana Murthy, Co-founder and former CEO, Infosys Our ability to rationalize our behavior is astonishing. And dangerous. Basically, we all have a good sense of what’s right or wrong, but we have an inherent ability to talk ourselves into believing that something that’s wrong is really okay. We’re … 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
When it comes to ethical challenges, we are all tested at some point. Leaders are tested most when they are under duress. Many leaders are ill-equipped to navigate the ethical minefields awaiting them in the swirl of fast-changing competitive markets and new technologies. Simple Tests for Ethical Decision-Making Drawing insights from terrific books like … Read more
No matter where you work or live, when it comes to ethics one thing is clear: you will be tested. Ethical pitfalls are all around us. Often you stumble upon them suddenly. Your ethics are tested most when you are under duress (with stress, pressure, or fear). Here is a partial list of what you’re … Read more
So your boss is a jerk. What to do? Of course, how to approach it depends on the severity of the situation, but here are some tips: 1. Go Lean. You may have to make a change, so you need money in the bank. That’s not tapping into your 401k or IRA. You need … Read more
Interview with Harvey Wagner, Former CEO, Quovadx Harvey A. Wagner was the turnaround CEO of Quovadx from 2004 through 2007. Quovadx was a $100 million, NASDAQ-traded software and services company with offices in the U.S. and Europe as well as some outsourced R&D in China. Customers were in the hospital and telecommunications markets as well as … 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
Why are ethical breakdowns in organizations so common? Why do so many good people make bad decisions? Look at the “wall of shame” of organizations abusing trust recently: AIG, Barclays, Bear Stearns, BP, Countrywide Financial, Galleon Group, Goldman Sachs, HSBC, ING, Johnson & Johnson, Lehman Brothers, MF Global, Standard Chartered, Walmart, and many more. It’s … Read more
Interview with Steven Rothstein President, Perkins School for the Blind Leaders Speak Series Founded in 1829, Perkins School for the Blind operates in more than sixty countries with revenue of over $50 million. It offers free audio, Braille and large print books, and hundreds of newspapers by phone. The operations are complex, including a school, … Read more
How can leaders make so many bone-headed decisions? Leaders need an easy-to-use, bulletproof test for their decision-making. We offer one here. Bob recently attended sessions at the Markkula Center for Applied Ethics, where Stanford Professor Joseph Grundfest led some fascinating dialogue. We extrapolated the model that follows from that interaction. It is simple, memorable, and … 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
Interview with Four-Star General Jack Chain Former Commander-in-Chief, Strategic Air Command Leaders Speak Series The Strategic Air Command (SAC) was responsible for America’s land-based strategic bombers and nuclear, intercontinental ballistic missiles from 1946 to 1992. General Jack Chain was Commander-in-Chief of SAC from 1986 to 1991. Here are excerpts of our interview with him for … Read more
Interview with Bill George Harvard Business School Professor and Former CEO, Medtronic Leaders Speak Series Bill George was the COO, then CEO and Chairman, of Medtronic from 1989 through 2002, the years when annual revenue increased an average 18% and earnings increased 22%. A host of innovative products were introduced during this time, and the … Read more
“You know what a jerk is when you see it.” -Bob Diamond, Former CEO of Barclays Bank (Source: The Guardian) As CEO, Bob Diamond terminated 30 Barclays Bank staff in 2011 for breaking his “no jerks” rule. Diamond said six staff, who ran up a £44,000 lunch tab in London, epitomized “jerk” bankers. He … 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
“Sprinkle joy.” -Ralph Waldo Emerson Jack, Bob’s seven year-old grandson and Gregg’s nephew, came home from school recently talking about buckets. In this metaphor, we all carry invisible buckets holding our feelings and sense of worth. When our buckets are full, we feel good. When empty, we feel sad. A bucket filler fills the buckets … 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
Have you ever: Told one of your line managers to “do whatever it takes to make your numbers this quarter”? Pulled sales from next quarter to make this quarter’s numbers? Cut into critical R&D funds to hit Wall Street forecasts? Asked the CFO to lower the reserves for future expenses to help earnings this quarter? … Read more
Barbara Kellerman and Jim O’Toole, two leadership experts we respect, are ticked off about the failures in leadership we witness virtually every day. (See “Mad About Leadership” in Strategy+Business, June 2012). Think of all the leadership-related scandals recently: Recent Leadership Hall of Shame Barclays Bear Stearns BP Countrywide Financial Galleon Group GlaxoSmithKline Goldman Sachs … Read more
Rajat Gupta’s storybook life has taken a dark turn. An orphan from Kolkata, India, Gupta moved to the U.S. to attend Harvard Business School on a scholarship. He ascended to the top (Managing Director) of McKinsey, one of the world’s most prestigious consulting companies, and advised the world’s elite. After retiring, he joined the boards … Read more
Is it just us, or are we bombarded by negative news? Scandals. Failures of leadership. Fed up with bad leadership? We are. Concerned about the state of the world? Us too. But we remain optimistic nature nonetheless. We have an abundance mentality, not a scarcity worldview. (Check out Abundance: The Future is Better than You … Read more
