My father is by all accounts a successful leader. There are 3 “superpowers” that he has that I think have helped him have such a positive effect in each of these environments.
My father has had a long and successful career in business leading to a decade as the Chairman of the Board of Accenture, and then as a board member for several public companies, and now as a leader and advisor for arts, culture and universities.
2 years ago, I shared a list that my father made back in the 1980’s on “Leaders and Non-Leaders” which listed 40 contrasts helped him guide his journey as a business leader.
3 of my Dad’s “Superpowers”
Remember people’s names
Decide fast & Don’t think of it as “your decision”, (this allows flexibility to change without emotion/sunk cost)
Never lose sight of the overall purpose & long term
I was in the medieval town of Pedraza again this week, where I made this video.
Acting solely in the interests of shareholders, not in the interests of the company as a whole
Lack of independent judgement – falling into Groupthink – Not having strength in your own convictions, not willing to be a minority of one.
Not seeing the risks facing the business
Failing to stand up to dominant or highly influential board members. As a board members you have “joint and several liability” you are both jointly and individually responsible for all board decision making. If you see risks, bring up those risks.
Making promises you can’t keep – not maintaining integrity in all you do and say
Not empowering employees – forgetting the power of a few encouraging words from you to any individual employee
Are you currently a board member? What lessons have you learnt? What tips and guidance would you share with someone who has interest in becoming an effective board member?
More Corporate Governance tips from George
George Bartlett shares some corporate governance tips.
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