The Power of We: Succeeding Through Partnerships

by Jonathan M. Tisch, Karl Weber

Overview

Praise for The Power of We

"In The Power of We, Jonathan Tisch reminds us again that working together still yields the best results. Jon has spent a lifetime mobilizing people and organizations to get a job done in business and in civic service. His experience, optimism, intelligence, and common sense are reflected in this fresh look at the rewards of partnerships."
-President Bill Clinton

"The Power of We offers a clear and compelling lesson in how today's business leaders can create new synergies and gain competitive advantage by learning how to partner successfully."
-Kenneth I. Chenault, Chairman and CEO, American Express Company

"Jon Tisch has lived the strategy he describes in The Power of We, and now this extraordinary man and successful leader shares his strategy with us. Building partnerships at all levels-social, intellectual, and political, as well as entrepreneurial-will be one of the keys to progress in the coming decades. Jon Tisch provides a road map for those who grasp that reality."
-John Sexton, President, New York University

"Being a leader requires vision, focus, and influence. Jonathan Tisch has exhibited all three in this great body of work about what it takes to be a partner and something bigger than yourself. The Power of We is a must read."
-Pat Riley, President, the Miami HEAT

Product Details

ISBN-13:	9780471652823
Publisher:	Wiley
Publication date:	08/27/2004
Pages:	272
Product dimensions:	6.28(w) x 9.47(h) x 0.96(d)

About the Author

JONATHAN M. TISCH is Chairman and CEO of Loews Hotels, and has been at the helm of the company since 1989. He has been instrumental in furthering the development of the hotel chain and its emergence as one of the country’s leading luxury hotel companies. At the same time, Tisch is recognized as a preeminent leader of the $555 billion travel and tourism industry. He is Chairman of the Travel Business Roundtable and NYC & Company, the city’s official tourism marketing organization, and was formerly vice chair of the Welfare to Work Partnership and chairman of the American Hotel and Lodging Association. Loews Corporation, parent company of Loews Hotels, is one of the largest diversified financial holding companies in the United States, with nearly $80 billion in assets. Tisch believes that a new model of "business philosophy" based on partnerships is the key to corporate and economic success in the future.
KARL WEBER is a freelance writer specializing in business and current affairs. He is coauthor with Adrian Slywotzky of How to Grow When Markets Don’t and How Digital Is Your Business?

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Table of Contents

Acknowledgments vii

1 The Power of Partnerships: Getting from Me to We 1

Portrait in Partnership: Rodney Carroll 21

2 Now Who’s Boss? Lessons in Partnership from the CEO’s Desk to the Housekeeper’s Cart 25

Portrait in Partnership: Jeff Zucker 35

3 A Family Business: It All Started with Sayde and Al 39

Portrait in Partnership: Marc Morial 59

4 The Employee Comes First: From the Front Line to the Bottom Line 63

Portrait in Partnership: Emeril Lagasse 87

5 Turning Customers into Partners: Creating Value Together 91

Portrait in Partnership: David Neeleman 116

6 Being a Good Neighbor: Hanging Up Your Tux and Rolling Up Your Sleeves 121

Portrait in Partnership: President Jimmy Carter 136

7 E Pluribus Plenty: When Competition Gives Way to Cooperation 141

Portrait in Partnership: Paul Tagliabue 159

8 Beyond the Ballot Box: Good Corporate Citizenship Takes More Than Your Vote 163

Portrait in Partnership: Kate Carr 184

9 What’s in It for the Owners? Bringing Dollars and Sense to the Bottom Line 189

Portrait in Partnership: Sir Howard Stringer 203

10 New York Rising: The Power of Partnerships in Time of Crisis 207

Portrait in Partnership: Jane Rosenthal 223

Epilogue Twelve More Tips: A Recipe for Personal Success 227

Sources 241

Index 251

Editorial Reviews

expounds on how to succeed through building partnerships…” (Vanity Fair, September 2004)

From the Publisher

The CEO of Loews Hotels, Tisch preaches a management philosophy of cooperation: forging partnerships with employees, customers, shareholders and communities. A skeptical reader will ask what kind of partnership leaves the author heir to a $21-billion fortune while most of his employee-partners make less than $21,000 per year; the author addresses this question head-on, leaving the executive suite and performing the entry-level jobs in Loews hotels: cleaning, cooking, serving, repairing and checking guests in. The difficulty of these jobs reinforces "how crucial it is for top management to give the front-line people the tools, resources, and freedom they need to carry out their demanding jobs." He also confronts a union-busting reputation with a set of arguments for and against organized labor. The result is inspiring as an account of the way businesses should be run, but not entirely convincing as an account of the way Loews is actually run: Tisch describes at length how uncomfortable and humiliating the front-line employee uniforms are but he doesn't consider changing them because they are cheap to launder. Accounts from other executives who practice partnership management argue strongly for the ideas; this book as a whole gives explicit examples and recipes for applying them with an entertaining mix of analysis and stories. (Sept.) Copyright 2004 Reed Business Information.

Publishers Weekly