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	<title>LeaderLab &#187; Leadership</title>
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	<itunes:summary></itunes:summary>
	<itunes:author>LeaderLab</itunes:author>
	<itunes:explicit>no</itunes:explicit>
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	<itunes:owner>
		<itunes:name>LeaderLab</itunes:name>
		<itunes:email>david@davidburkus.com</itunes:email>
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	<managingEditor>david@davidburkus.com (LeaderLab)</managingEditor>
	<itunes:subtitle></itunes:subtitle>
	<itunes:keywords>leadership, management, organizational, behavior, leaders, theory, interview, business</itunes:keywords>
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		<title>LeaderLab &#187; Leadership</title>
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		<item>
		<title>Strategy for Nonstrategic Leaders</title>
		<link>http://theleaderlab.org/2012/02/strategy-for-nonstrategic-leaders/</link>
		<comments>http://theleaderlab.org/2012/02/strategy-for-nonstrategic-leaders/#comments</comments>
		<pubDate>Fri, 03 Feb 2012 12:00:44 +0000</pubDate>
		<dc:creator>john</dc:creator>
				<category><![CDATA[LeaderLab]]></category>
		<category><![CDATA[bell]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[strategy]]></category>

		<guid isPermaLink="false">http://theleaderlab.org/?p=1896</guid>
		<description><![CDATA[I didn’t realize it at the outset, but blogging has provided a wonderful opportunity for me to ponder and reflect on the most valued (but often neglected) principles of business. When I was on the ‘hot seat’ and in the line of fire as a CEO, I constantly dealt with pressing day-to-day issues such as [...]]]></description>
			<content:encoded><![CDATA[<p>I didn’t realize it at the outset, but blogging has provided a wonderful opportunity for me to ponder and reflect on the most valued (but often neglected) principles of business. When I was on the ‘hot seat’ and in the line of fire as a CEO, I constantly dealt with pressing day-to-day issues such as bringing in the quarter, forecasting erratic commodity markets, reacting to predatory pricing, and stressing over sales shortfalls and excess inventory. Suffice to say, most of the issues were short-term and operational rather than strategic. No matter what a company’s product or service, this is not a business anomaly. Squeaky wheels get the grease.</p>
<p>Fortunately for me, I grew up in strategic environments and I learned to balance operational challenges with strategic opportunity. Many senior managers haven’t the foggiest idea how to do this. These are the folks who don’t know the difference between strategy and tactics – those who view strategy as a needless constraint. They want to leave their options open, unknowingly falling into a spiral of inconsistent decision-making and endless debate over solutions to short-term problems. No matter how often you preach the value of narrowing market scope or reducing the product line or the number of stock-keeping units, they remain unconvinced.</p>
<p><strong>Ironically, sticking to a well-conceived strategy makes decisions easy</strong>. Many have never lived through strategy’s positive effects. Some don’t understand strategy, or lack the confidence to be bound by one. Confidence (or lack thereof) is easy to spot. I was once asked to help craft the corporate strategy for a company engaged in so many businesses that the enterprise was incapable of excelling in any of them. When I proposed divesting a couple of them, the CEO was horrified. “You have to understand,” he said. “The reason for all those fingers in the pie is because we don’t want to miss an opportunity.” As you might imagine, I didn’t have much luck convincing him that his “all things to all people” approach restricts opportunity. Ten years later, the company was in receivership.</p>
<p>I recognize that there are many people in leadership positions who desperately want to be more strategic. I also know that sticking to strategy isn’t always easy to do, especially when the heat is on. If this describes you, the trick is to discipline yourself to think strategically, and find the courage of your convictions. Ultimately, the less pressure you feel from day-to-day issues, the better the opportunity to think and act strategically. Here’s some of the ways I was able to deflect pressure:</p>
<p><strong>1.   Manage the Future</strong>. This is at the heart of good strategic planning. Instead of reacting to the future, develop a strategy that defines the future based on your actions.</p>
<p><strong>2.   Be Proactive</strong>. Lead the market with a strategic initiative. If the move impacts the market positively, your competitors will be the ones reacting. Ultimate success comes from establishing new rules to the competitive game.</p>
<p><strong>3.   Plan for Rainy Days</strong>. The rainy day fund or an optional source of new revenue can offset tough times that compromise the strategy. The trick is to define a rainy day plan that strengthens the balance sheet.</p>
<p><strong>4.   Manage Expectations</strong>. This isn’t budget sandbagging; it is prudent management. Set a growth agenda, but make sure it is achievable.</p>
<p><strong>5.   Accept the fact that Strategy takes Courage</strong>. Without courage you will always “fold” when the going gets tough.</p>
<p><i>John Bell is a strategy consultant and former CEO of Jacobs Suchard (Kraft, Nabob). He is a contributor to Fortune magazine and a regular blogger at </em><a href="http://ceoafterlife.com/" target="_blank"><em>CEO Afterlife</em></a><em>.</i></p>
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		<item>
		<title>The Least Important Question in Leadership</title>
		<link>http://theleaderlab.org/2012/01/the-least-important-question-in-leadership/</link>
		<comments>http://theleaderlab.org/2012/01/the-least-important-question-in-leadership/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 12:00:43 +0000</pubDate>
		<dc:creator>david</dc:creator>
				<category><![CDATA[LeaderLab]]></category>
		<category><![CDATA[Burkus]]></category>
		<category><![CDATA[development]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[talent]]></category>

		<guid isPermaLink="false">http://theleaderlab.org/?p=1885</guid>
		<description><![CDATA[Are leaders born or made? This is by far the least important question in leadership. It’s not even the real question. The real question – the question underneath – is: can leadership be developed and cultivated in someone, or should we just try and find the natural leaders and push them to the front of [...]]]></description>
			<content:encoded><![CDATA[<p>Are leaders born or made?</p>
<p>This is by far the least important question in leadership.</p>
<p>It’s not even the real question.</p>
<p>The real question – the question underneath – is: can leadership be developed and cultivated in someone, or should we just try and find the natural leaders and push them to the front of the line?</p>
<p>So why do we ask the other question – the born or made question?</p>
<p>We ask it because it is so unimportant. Because any time we ask the question we begin a great debate about qualities and behaviors of leaders. We dance around and around question underneath. We are trying to avoid settling on a firm answer because a firm answer has consequences – a firm answer means we have to get working.</p>
<p>If we believe leaders are born than we have to invest in a process to find them. If we believe leaders are made we have to begin to take accountability for developing leaders. Either way, we’re obligated to begin to take action to improve leadership in our world.</p>
<p>So let’s take action.</p>
<p>The answer to the least important question in the world is both – born and made. So let’s stop debating it and start finding those with natural abilities and developing them into great leaders. Let’s also develop those without abilities into better leaders.</p>
<p>It’s an unimportant question with a very important answer.</p>
<p><em>David Burkus is the editor of LeaderLab. He speaks, consults and serves on the faculty of management at Oral Roberts University’s College of Business.</em></p>
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		<item>
		<title>This Time It&#8217;s Personal</title>
		<link>http://theleaderlab.org/2012/01/this-time-its-personal/</link>
		<comments>http://theleaderlab.org/2012/01/this-time-its-personal/#comments</comments>
		<pubDate>Wed, 25 Jan 2012 12:00:55 +0000</pubDate>
		<dc:creator>guest</dc:creator>
				<category><![CDATA[LeaderLab]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[personal]]></category>
		<category><![CDATA[transformational]]></category>

		<guid isPermaLink="false">http://theleaderlab.org/?p=1880</guid>
		<description><![CDATA[In a time of unprecedented challenge, leaders don’t just need to lead their companies. They also need to lead themselves. They need strategies for improving their effectiveness while sustaining a sense of professional well-being. Every leader has an internal source of strength and stability. Without care and consideration these renewable resources are seriously at risk. [...]]]></description>
			<content:encoded><![CDATA[<p>In a time of unprecedented challenge, leaders don’t just need to lead their companies. They also need to lead themselves. They need strategies for improving their effectiveness while sustaining a sense of professional well-being. Every leader has an internal source of strength and stability. Without care and consideration these renewable resources are seriously at risk.</p>
<p>They need to practice personal leadership.</p>
<p><strong> </strong></p>
<p><strong>Defining Personal Leadership</strong></p>
<p>Personal leadership is the leadership of the self.  In addition to the visible and interactive work of organizational leadership, personal leadership is the private, introspective part of leadership that takes place within. Personal leadership is an introspective process that requires focus and attention. Given priority, it can be transformational. In fact, Peter Drucker once called it “the only leadership that’s going to matter in the 21<sup>st</sup> century.”</p>
<p><strong>Putting Personal Leadership into Practice</strong></p>
<p>So how does a leader actually practice personal leadership? It looks like this:</p>
<ol>
<li><strong>Take time to think</strong>. Leaders need      to step out of the daily rush and think about what they’re doing and why.      Doing so, they will find the clarity and focus they need to get back into      the action in the most effective way.</li>
</ol>
<ol>
<li><strong>Look inside</strong>. Instead of being      driven by the demanding urgencies, leaders can discover their inner      resources – their strengths, their values, and their aspirations.</li>
</ol>
<ol>
<li><strong>Look for ways to align and integrate your      life</strong>. We are who we are wherever we are. The closer leaders can tie      their true selves to their leadership roles, the happier and healthier      they will be – on all fronts.</li>
</ol>
<p>The economic and business environment may be out of our control. Leaders’ ability to thrive within this environment, on the other hand, is very much in their own hands. Personal leadership gives leaders a way to fill themselves up with the motivation that will help them thrive again.</p>
<p><em>Joelle K. Jay, Ph. D., MCC, is an executive coach, speaker and author specializing in leadership development and executive education in Fortune 500 companies. She is the author of </em>The Inner Edge: The 10 Practices of Personal Leadership. <em>For a Free Executive Summary of</em> The Inner Edge<em>, go to</em> <a href="http://www.joellekjay.com/">www.JoelleKJay.com</a>. <em> </em></p>
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		<title>A Team of Rival Perspectives</title>
		<link>http://theleaderlab.org/2012/01/a-team-of-rival-perspectives/</link>
		<comments>http://theleaderlab.org/2012/01/a-team-of-rival-perspectives/#comments</comments>
		<pubDate>Wed, 18 Jan 2012 12:00:45 +0000</pubDate>
		<dc:creator>david</dc:creator>
				<category><![CDATA[LeaderLab]]></category>
		<category><![CDATA[Burkus]]></category>
		<category><![CDATA[Creativity]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Lincoln]]></category>

		<guid isPermaLink="false">http://theleaderlab.org/?p=1829</guid>
		<description><![CDATA[One element that fosters creativity is the ability to see an issue from multiple angles. When leaders build mechanisms that give them these various perspectives, they are more likely to see creative solutions. One fascinating example is that of Abraham Lincoln. Lincoln was the surprise winner of a hotly contested primary that included personal attacks [...]]]></description>
			<content:encoded><![CDATA[<p>One element that fosters creativity is the ability to see an issue from multiple angles. When leaders build mechanisms that give them these various perspectives, they are more likely to see creative solutions.</p>
<p>One fascinating example is that of Abraham Lincoln. Lincoln was the surprise winner of a hotly contested primary that included personal attacks and attempted coup d’etats. Once he had secured the nomination, and later the presidency of the United States, Lincoln assembled his cabinet primarily of the very men he quarreled with for the nomination. This “team of rivals” was able to provide a variety of perspectives and create a tension over the solutions that avoided the traditional, yes-man saturated groupthink sessions that marked so many other president’s cabinets.</p>
<p>What is important is for the leader of such diverse rivalries to sustain the right amount of creative friction, taking care to produce the tension needed to refine new ideas and challenge old assumptions while ensuring that the tension doesn’t get overbearing and melt the team. While there was a team of rivals in Lincoln’s cabinet, I suspect it was always certain who that needed leader was.</p>
<p>We tend to think of creatives as artists, musicians and writers. However, Lincoln’s deliberate attempt to leverage tension provided him with a style of creativity he found quite useful in navigating us through an equally tumultuous feud.</p>
<p><em>David Burkus is the editor of LeaderLab. He speaks, consults and serves on the faculty of management at Oral Roberts University’s College of Business.</em></p>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Freedom to Fail</title>
		<link>http://theleaderlab.org/2012/01/freedom-to-fail/</link>
		<comments>http://theleaderlab.org/2012/01/freedom-to-fail/#comments</comments>
		<pubDate>Fri, 13 Jan 2012 12:00:16 +0000</pubDate>
		<dc:creator>david</dc:creator>
				<category><![CDATA[LeaderLab]]></category>
		<category><![CDATA[Creativity]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[organizational culture]]></category>
		<category><![CDATA[sims]]></category>

		<guid isPermaLink="false">http://theleaderlab.org/?p=1822</guid>
		<description><![CDATA[“The best way to get a good ideas is to get a lot of ideas.” – Linus Pauling Linus Pauling is the only person to have one two unshared Nobel Prizes, so I’d imagine he knows a bit about good ideas. His idea is simple to generate lots of ideas and let most of them [...]]]></description>
			<content:encoded><![CDATA[<p>“The best way to get a good ideas is to get a lot of ideas.” – Linus Pauling</p>
<p>Linus Pauling is the only person to have one two unshared Nobel Prizes, so I’d imagine he knows a bit about good ideas. His idea is simple to generate lots of ideas and let most of them fail. The few that don’t might just be great ideas.</p>
<p>Modern popular press literature is starting to support this idea. In his <a href="http://www.amazon.com/dp/1439170428/?tag=leaderlab-20" target="_blank">new book</a>, Peter Sims discusses how companies and leaders that produce breakthrough ideas often do so by placing many “little bets” and building off of small discoveries. Indeed, if the apocryphal story of Edison remarking, “I discovered 10,000 ways not to make a light bulb” is accurate, one suspects that creative leaders already knew this. It appears one of the most potent ways leaders can develop creativity in followers is by giving them freedom to fail. Within organizations, not often known for their tolerance of failure, leaders can act as human shields, protecting them from the potential negative impacts of their failure.</p>
<p>But most leaders are afraid to open the door up to failure. An objection I often hear is “how much failure is enough?” I’m not sure that question is all that important. A more important question is, “what types of failure it allowable?” Surely failure that stems from poor performance or a poor person-task fit cannot be tolerated and must be addressed. But failure that resulted from experimentation is different. The “little bets” are designed to push the creativity and innovation further (Sims, 2011). I’m not sure that setting a failure quota establishes that. Instead, leaders can build a culture where failure is welcomed, so long as it stems from the right kind of activity (experimentation) and, obviously, isn’t some moral or ethical failure.</p>
<p>I see this idea over and over again in my study of creativity in organizations. It’s such an elegant solution to the creativity problem, even if it relies on a messy process to creativity.</p>
<p>Sims, P. (2011). <em><a href="http://www.amazon.com/dp/1439170428/?tag=leaderlab-20" target="_blank">Little bets: How breakthrough ideas emerge from small discoveries</a></em>. New York: Free Press.</p>
<p><em>David Burkus is the editor of LeaderLab. He speaks, consults and serves on the faculty of management at Oral Roberts University’s College of Business.</em></p>
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		<title>0301 &#124; Robert Hurley</title>
		<link>http://theleaderlab.org/2012/01/0301-robert-hurley/</link>
		<comments>http://theleaderlab.org/2012/01/0301-robert-hurley/#comments</comments>
		<pubDate>Wed, 04 Jan 2012 12:00:11 +0000</pubDate>
		<dc:creator>david</dc:creator>
				<category><![CDATA[LeaderLab Podcast]]></category>
		<category><![CDATA[hurley]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[trust]]></category>

		<guid isPermaLink="false">http://theleaderlab.org/?p=1809</guid>
		<description><![CDATA[Dr. Hurley is a Professor at Fordham University and President of Hurley Associates. Dr. Hurley consults with organizations on leadership development, top team development, coaching, managing transformational change and developing and implementing strategies to maximize customer value. He has published over 30 articles or book chapters. His work has appeared in the Wall Street Journal, California Management [...]]]></description>
			<content:encoded><![CDATA[<p>Dr. Hurley is a Professor at Fordham University and President of Hurley Associates. Dr. Hurley consults with organizations on leadership development, top team development, coaching, managing transformational change and developing and implementing strategies to maximize customer value. He has published over 30 articles or book chapters. His work has appeared in the Wall Street Journal, California Management Review, and Harvard Business Review. He is the author of the new book <a href="http://www.amazon.com/dp/1118072642/?tag=leaderlab-20" target="_blank"><em>The Decision to Trust</em></a>.</p>
<p>In this episode, we talk to Dr. Hurley about the importance of trust, how the decision to trust is made and how leaders can become more trustworthy.</p>
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			<itunes:keywords>hurley,LeaderLab Podcast,Leadership,trust</itunes:keywords>
		<itunes:subtitle>Dr. Hurley is a Professor at Fordham University and President of Hurley Associates. Dr. Hurley consults with organizations on leadership development, top team development, coaching, managing transformational change and developing and implementing strat...</itunes:subtitle>
		<itunes:summary>Dr. Hurley is a Professor at Fordham University and President of Hurley Associates. Dr. Hurley consults with organizations on leadership development, top team development, coaching, managing transformational change and developing and implementing strategies to maximize customer value. He has published over 30 articles or book chapters. His work has appeared in the Wall Street Journal, California Management Review, and Harvard Business Review. He is the author of the new book The Decision to Trust.

In this episode, we talk to Dr. Hurley about the importance of trust, how the decision to trust is made and how leaders can become more trustworthy.</itunes:summary>
		<itunes:author>LeaderLab</itunes:author>
		<itunes:explicit>no</itunes:explicit>
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		<item>
		<title>Book Review: The Decision to Trust</title>
		<link>http://theleaderlab.org/2011/12/book-review-the-decision-to-trust/</link>
		<comments>http://theleaderlab.org/2011/12/book-review-the-decision-to-trust/#comments</comments>
		<pubDate>Wed, 21 Dec 2011 12:00:52 +0000</pubDate>
		<dc:creator>david</dc:creator>
				<category><![CDATA[LeaderLab]]></category>
		<category><![CDATA[book review]]></category>
		<category><![CDATA[Burkus]]></category>
		<category><![CDATA[hurley]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[trust]]></category>

		<guid isPermaLink="false">http://theleaderlab.org/?p=1728</guid>
		<description><![CDATA[Leaders lead through trust. More specifically, they lead when the decision to trust has been made by the follower. This is a basic premise of Dr. Robert Hurley’s new book The Decision to Trust. Hurley addresses this book to the seemingly permanent lack of trust currently felt for our businesses and government. Dr. Hurley’s purpose [...]]]></description>
			<content:encoded><![CDATA[<p>Leaders lead through trust. More specifically, they lead when the decision to trust has been made by the follower. This is a basic premise of Dr. Robert Hurley’s new book <em><a href="http://www.amazon.com/dp/1118072642/?tag=leaderlab-co" target="_blank">The Decision to Trust</a></em>. Hurley addresses this book to the seemingly permanent lack of trust currently felt for our businesses and government. Dr. Hurley’s purpose in writing the book is to reveal “why some people, groups, organizations, and institutions have been able to defy the overall trend of declining trust &#8211; how they have created trust even in environments where change, uncertainty, and risk exist.” In order to do so, he first suggests six reasons for the current lack of trust (increased negative content in the media ranks among my favorites). He then outlines his Decision to Trust model, which provides leaders and followers with a template to help guide whether or not their trust (or mistrust) is well-founded.</p>
<p>I appreciated the depth of research in Dr. Hurley’s tome on trust. The appendix to the book provides citations for numerous well-structured studies on trust and antecedents to trust. Furthermore, I appreciate how Dr. Hurley’s Decision to Trust Model isn’t a simple “Ten Steps to Better Trust” snake oil. Instead of trying to sell the reader on a step-by-step process to win trust, Dr. Hurley provides context around the issue of trust and suggests subtle ways to begin the long-process of earning trust from followers and from leaders.</p>
<p>If you’re looking for a primer on the role of trust in organizations and life, I highly recommend Dr. Robert Hurley’s <a href="http://www.amazon.com/dp/1118072642/?tag=leaderlab-co" target="_blank">The Decision to Trust</a>.</p>
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		<item>
		<title>The Second Least Important Question in Leadership</title>
		<link>http://theleaderlab.org/2011/12/the-second-least-important-question-in-leadership/</link>
		<comments>http://theleaderlab.org/2011/12/the-second-least-important-question-in-leadership/#comments</comments>
		<pubDate>Thu, 15 Dec 2011 12:00:27 +0000</pubDate>
		<dc:creator>david</dc:creator>
				<category><![CDATA[LeaderLab]]></category>
		<category><![CDATA[Burkus]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[management]]></category>

		<guid isPermaLink="false">http://theleaderlab.org/?p=1735</guid>
		<description><![CDATA[What is the difference between leadership and management? I’m guilty of propagating this. The first issue of LeaderLab Papers featured a curated discussion on this difference. The end result of that piece, however, was that the distinction was irrelevant. And it is irrelevant, completely irrelevant. Some years ago, management was considered a more inclusive term [...]]]></description>
			<content:encoded><![CDATA[<p>What is the difference between leadership and management?</p>
<p>I’m guilty of propagating this. The first issue of <em>LeaderLab Papers</em> featured a curated discussion on this difference. The end result of that piece, however, was that the distinction was irrelevant.</p>
<p>And it is irrelevant, completely irrelevant.</p>
<p>Some years ago, management was considered a more inclusive term and included how to lead. Indeed, most literature on management included a discussion of leadership. However, somewhere along the line it was decided that leadership meant change, innovation and improvement. Leaders were idealized, managers scorned.</p>
<p>Most attempts at distinction cite that leaders are responsible for change; managers are responsible for proper use of resources. But what change initiatives are successful without proper use of resources? Further, what attempts at managing better don’t require creating change (called improvements) in how organizations utilize resources? There are few, it any of these examples. The truth is that all leaders find themselves required to develop management and all managers find themselves tasked with leading their team.</p>
<p>If you’re still thinking that you are one and not the other, considering learning a bit about the other. It’ll will make you a much better whatever-you-are.</p>
<p>[I realize this post raises the question, what is <em>the</em> least important question in leadership. Stay tuned for that one.]</p>
<blockquote><p>David Burkus is the editor of LeaderLab. He speaks, consults and serves on the faculty of management at Oral Roberts University’s College of Business.</p></blockquote>
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		<title>The Dark Side of Leadership</title>
		<link>http://theleaderlab.org/2011/11/the-dark-side-of-leadership/</link>
		<comments>http://theleaderlab.org/2011/11/the-dark-side-of-leadership/#comments</comments>
		<pubDate>Tue, 22 Nov 2011 15:13:57 +0000</pubDate>
		<dc:creator>david</dc:creator>
				<category><![CDATA[LeaderLab]]></category>
		<category><![CDATA[failure]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[petty]]></category>

		<guid isPermaLink="false">http://theleaderlab.org/?p=1686</guid>
		<description><![CDATA[As long-time LeaderLab readers know, in September we became a part of a project to launch Strategic Leadership Review, a practitioner focused scholarly journal.Today, we&#8217;re featuring an article from the first issue to SLR &#8211; &#8220;The Dark Side of Leadership: Catastrophic Failure&#8221; by Michael Petty. The article covers what leaders can do when their organization [...]]]></description>
			<content:encoded><![CDATA[<p>As long-time <em>LeaderLab</em> readers know, in September we became a part of a project to launch <em>Strategic Leadership Review</em>, a practitioner focused scholarly journal.Today, we&#8217;re featuring an article from the first issue to SLR &#8211; &#8220;The Dark Side of Leadership: Catastrophic Failure&#8221; by Michael Petty. The article covers what leaders can do when their organization is faced with Black Swans, unexpected surprises or catastrophic failures. The video abstract is below.</p>
<p><a href="http://strategicleadershipreview.org/2011/09/26/the-dark-side-of-leadership-catastrophic-failure/" target="_blank">Read the Article Here</a></p>
<p><iframe width="500" height="284" src="http://www.youtube.com/embed/NofAGiG1Rgo?rel=0" frameborder="0" allowfullscreen></iframe></p>
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		<title>Corporate Leaders: What Will Be Your Epitaph?</title>
		<link>http://theleaderlab.org/2011/10/corporate-leaders-what-will-be-your-epitaph/</link>
		<comments>http://theleaderlab.org/2011/10/corporate-leaders-what-will-be-your-epitaph/#comments</comments>
		<pubDate>Wed, 12 Oct 2011 12:00:19 +0000</pubDate>
		<dc:creator>john</dc:creator>
				<category><![CDATA[LeaderLab]]></category>
		<category><![CDATA[bell]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[legacy]]></category>

		<guid isPermaLink="false">http://theleaderlab.org/?p=1598</guid>
		<description><![CDATA[Memo To: CEOs and Aspiring CEOs From: John Bell Re: Your Epitaph as a CEO If you’re already in the C-Suite, I suggest you take a few moments to contemplate your epitaph. When your days on the throne are over, do you want to be remembered as Jack Bighead or Andy Goodfellow? The Epitaph of [...]]]></description>
			<content:encoded><![CDATA[<p>Memo To:   CEOs and Aspiring CEOs</p>
<p>From:           John Bell</p>
<p>Re:                Your Epitaph as a CEO</p>
<p>If you’re already in the C-Suite, I suggest you take a few moments to contemplate your epitaph. When your days on the throne are over, do you want to be remembered as Jack Bighead or Andy Goodfellow?</p>
<p>The Epitaph of Jack Bighead:</p>
<p>A master dealmaker, the tenacious Jack Bighead believed a good deal was one in which the other side got screwed. Over his highly successful career, Mr. Bighead created hundreds of millions in shareholder value by acquiring, downsizing and selling companies. This hard-driving CEO never let anything stand in the way of his insatiable quest for profit, nor has he any regrets sacrificing family time for the good of the business and the shareholders. On missing the graduations of all four children, Mr. Bighead said, “Comes with the territory. At least each of ‘em got a spanking new sports car.” From his glorious manor on the Boca Raton coast, he contemplates an empty life after the C-Suite with his new wife, Mercedes, the former Miss Las Vegas.</p>
<p>The Epitaph of Andy Goodfellow:</p>
<p>If you met him in the street, you’d never know that the soft-spoken Andy Goodfellow was a successful, results-oriented CEO. He was the type of leader who never talked about himself; he was interested in you. People-first was his modus operandi. Perhaps that’s why Mr. Goodfellow’s employees always gave that “extra mile” for the customer. With great pride, he watched the men and women who worked under him go on to become outstanding CEOs, senior executives and masters in their craft. As for the future, Mr. Goodfellow is excited. He plans to spend more time with his wife of 41 years, his 3 children and 8 grandchildren. “I’ll also be busy heading the Goodfellow Foundation, the charity that helps people help themselves,” he said.</p>
<p>Remember, it is never too late to change. There may be many styles of leadership, and some will hinge on the state of the business. But if you don’t want your CEO epitaph to resemble that of Jack Bighead, be aware of those you touch along the way. Notwithstanding the incessant trials and tribulations, there is every opportunity to lead with honor and do some good with the power of C-Suite while you are there.</p>
<blockquote><p>John Bell is a strategy consultant and former CEO of Jacobs Suchard (Kraft, Nabob). He is a contributor to Fortune magazine and a regular blogger at </em><a href="http://ceoafterlife.com/" target="_blank"><em>CEO Afterlife</em></a><em>.</p></blockquote>
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