Posts Tagged ‘leadership’

The Company of Character

From the rude genius with the brilliant but spiritless start up, to the passionate engineer with a soulful development company – businesses are defined by the characters of their leaders. The most successful businessmen I know have built their business because of their character. Being themselves, taking ownership of who they are, has enabled them to shine and often, but not always, profit.

Conversely, a business’s weakness is that of its leader. If you run an organization, ask yourself what you’re bad at. Are you a bad marketer? Perhaps you don’t know finance very well? Chances are your company lacks brand awareness and is in dire need of a good CFO. This is why when you are trying to improve your organization, begin by improving yourself.

I always say that you can’t be a good woman, a good father, a good boss, or a good son without being first good with yourself. Your ability to give to others is hinged on whether you have something to give. That is why you must cultivate and develop your strengths, passions and interests in order to be able to truly give to others.

For a company, the answer is easy. Surround yourself with partners who have the qualities and experience that you lack. A great wealth advisor or a trusted strategist, can help your business best capitalize on its strengths. Worst case scenario you’re a better company for the experience. Best case scenario you grow your business in a way you never knew possible.

What Daley Teaches Us About Leadership

Last night, at the Economic Club of Chicago’s 333rd Dinner Meeting, I was lucky enough to hear our dearest Mayor, Richard M. Daley, give one of his final speeches as Mayor. In his hallmark frankness and simple tone, he spoke about the progress Chicago has made over the last 20 years and what the future has in store. This was punctuated by a candid, and at times, tongue-in-cheek Q&A session where among other things, the Mayor warned that he’ll be driving a car now for the 1st time in 20 years.

The Mayor has done a lot for Chicago, but one thing in particular resonated strongly. He dedicated himself to create an environment where people and business can flourish. What that means is that it is not any one person’s responsibility, much less the government’s, to create prosperity, new jobs, and a great society. It means that when the fundamental ingredients are in place, in a city’s case – good education, business-friendly policies, safety and beauty, the city, its people, businesses, and communities will flourish on their own.

Now I love this philosophy for two reasons. Reason number #1 – it’s a fundamental principle of life. Case in point, human beings have evolved and prospered on this planet because over the course of billions of years, the chemical and physical environment on Earth has been one that has facilitated and allowed our existence and subsequent evolution. On a smaller scale, the same is the case with mold. When it appears on your bread, it’s because there exists a perfect confluence of factors for it to grow. Reason number #2 – it doesn’t rob the individual of self-responsibility. When you consider that the role of organizations is only to create an environment for good things to happen, it doesn’t mean that a person in that environment still doesn’t have to actually do things! On the contrary it provides the perfect stage for said individual to shine [and an inexcusable one for them to fail, or worse, complain].

So now, let me bring it down to business and strategy – my passion and our business. As an executive or leader this makes your job much clearer. It should not be your work to direct your employees to save the company money. Your hours should not be consumed with drawn out phone calls and conversations convincing prospects and contacts on why you can work with them. You should not stay up all night thinking about how you’ll achieve next quarter’s goals.

What you need to do is simple – create the foundation for your organization to thrive. Create a culture that empowers and rewards your employees to be conscious contributors to the organization’s financial and strategic goals. Create a brand and message that attracts the customers and partners you want to work with. Implement and follow a strategic plan that maps out your efforts for the year leaving you to focus on new relationships and powerful new ideas.

Leaders are people and people are flawed. The greatest leader Chicago has ever had is a great example. He however overcame himself to enable Chicago to become a global city; one with a reputation for good business, strong communities and getting things done. As a leader you have the power to do the same. By putting the right practices and tools in place you will create a fertile environment and your organization, like Chicago, will become much greater than the sum of the people, philosophy and services that comprise it.

Leadership by the Sexes

While in Barcelona last month, my husband Sasha and I got into a deep conversation on leadership. (While enjoying some jamon of course.) I don’t know how it came about, but after mentioning some of the greatest leaders of all times – from the Spartan leader Leonidas to the famed spiritual leader Mahatma Gandhi to people we knew personally – we explored what was it that made a great leader.

We came to the conclusion that a great leader, is many things, but one very important one is a disseminator. A great leader is someone who spreads their ideas and vision to other people. Either through publications, speaking, coaching, mentoring, a leader is apt at “planting seeds” in as many places as possible not only to give greater life to his ideals, but also to help others grow with them.

Wait a minute, I thought! That sounds strangely like men’s biological function. As participants of life, men are programmed to spread their seeds as much as possible. From the sheer amount of sperm they’re able to produce, to the oft quoted idea that men are meant to be with many women, men are trained by nature to spread and create as many of themselves as they can. It’s part of the formula that allowed the human race to succeed.

It hit me that that is exactly why men have traditionally been “the leaders” in our society. It’s never been about men being better than women, its simply that their biological preparation has trained them to do what leadership has traditionally demanded. Replicate as much as possible!

Today however, we are in a world where the greatest imperial powers have crumbled. The largest companies that we have built have collapsed and to top it off, the economy has forced the greatest builder of the biggest stuff on earth, Dubai, to stop building. What does that tell us? Spreading your seed is not enough. It is good to expand, but what’s the point of doing so if everything you plant goes bust? What’s the point of having thousands of employees if you can’t properly nurture them? What’s the point of invading other countries, if you can’t handle them? What’s the point of having tons of children if you can’t love them all?

Women however are the nurturers. They are predisposed to take nascent beings, ideas and concepts and patiently nurture them to bring life. They are also more emotional thinkers, a value that has long been missing from strategic decision making. Women are also less impulsive. They are adept at thinking through a decision without diving in head first. Case in point, women investors perform much better than men. They lose a lot less money in tough times and earn more in the long haul.

The point is this. Today is the day for female leadership. Not because I’m a feminist (because anyone who knows me knows that that is the furthest thing from the truth), but because our economy and our society are in need of nurture and cultivation. This also doesn’t mean women leaders. What it means is thinking critically, investing in projects and seeing them all the way through, not just growing for growing sake. Employees are more dissatisfied than ever in big companies, people are tired of the demands and consequences of the bigger, faster lifestyle, our children need our attention. It’s time we invest in that that we’ve built and begun before going on to the next big thing. This will not only give us purpose, but further create sustainable ideas and businesses that are fundamental to growing and giving new life.