Leadership Week in Review: Feb. 26–March 4, 2023

by David E. Shellenberger on March 5, 2023

Each week I collect the resources related to leadership I shared on social media the prior week, with the accompanying quotations.
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Note the need for economic freedom instead of the protection of management.

Jessica Love, Kellogg Insight:
Take 5: How Fear Influences Our Decisions:
Our anxieties about the future can have surprising implications for our health, our family lives, and our careers.” (2-23-23).

“The researchers found that career concerns led executives to make safe, diversification-focused acquisitions that did not create value for shareholders. This included overpaying for large and unrelated ‘cash cows’ with healthy profits, rather than making more strategic purchases.

This was particularly true of managers who were protected by state laws from the threat of a hostile takeover, giving them more wiggle room to avoid taking risks.”
……..

Mark Murphy, Leadership IQ:
Two Signs Of A Courageous Leader” (2-26-23).

“Anyone can deliver a speech filled with lovely words about courage and doing the right thing, but only a select few leaders will actually have the tough conversations, listen to critical feedback, and take real risks.”
……..

John Spence:
Investing in Your Top Talent: The Key to Business Success” (2-27-23).

“Once you have someone on your team, there is no excuse for failing to invest time, energy, and money in helping that person continuously improve. In my opinion, this is the most important investment you can make in your company. Without highly talented individuals who consistently improve, your company has little chance of improving.”
……..

Michael Brainard:
Are You Doing Too Much? Why Operating Mechanisms Are Key To Smart Leadership” (5-27-23).

“[L]et’s avoid the mistake of doing too much as a leader. If you have great values in place, and if you have set up your operating mechanisms so that the organization can be highly engaging and highly productive, now you can think strategically, coach, plan, operate externally as well as internally, and be ready for the next level of leadership.”
……..

C.J. Prince:
Decision-Making In Uncertain Times” (2-27-23).

“‘I think we’re in an expectation recession,’ said Brad Jackson, CEO of Slalom. ….

The expectation recession, he said, has led to some companies relaxing their focus on customers. ….

All of that means that for those that do turn their attention to customers, ‘it’s going to be one of the greatest leapfrog opportunities in our lifetime.'”
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See the publisher’s website for more information and reviews of the new book.

Wharton Executive Education:
Magic Words: What to Say to Get Your Way” (March 2023).

“‘Magic Words: What to Say to Get Your Way’ (HarperBusiness) explains how using the right words at the right time can deepen your influence, improve how others comprehend what you have to say, and make it more likely that they will do what you want. ‘Everything we do involves language,’ says [Jonah] Berger. ‘But while we spend a lot of time thinking about the general idea of what we want to say, we think a lot less about the individual words that we use. That’s a mistake, because those words are really powerful.'”
…….

McKinsey Global Institute:
Performance through people: Transforming human capital into competitive advantage” (2-2-23).

“Human capital is not merely a labor input; people are any company’s core asset. The workplace should work for employees, with coaching to help them develop, structures for support, and workflows that remove frustrations. Employees know what works on the front lines, and their voices and viewpoints should inform any redesign. Beyond improving the day-to-day experience for workers at every level, these principles can enhance competitiveness and adaptability in a fast-moving world.”

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