One of the country's most trusted leaders offers time-tested and real world advice for leading in economic hard times
From business giant Bill George, the acclaimed author of Wall Street Journal's bestseller True North, comes the just-in-time guide for anyone in a leadership position facing today's unprecedented economic challenges. The former CEO of Medtronic draws from his own in-the-trenches experience and lessons from leaders (representing an array of companies) who have weathered tough economic storms. With straight talk and clear directions, George shows leaders specifically what they must do to become strong leaders and survive any crisis. His seven lessons include: Face Reality, Starting with Yourself; Never Waste a Good Crisis; and Be Aggressive: This is Your Best Chance to Win in the Market. Seven Lesson for Leading in Crisis is a survival kit for anyone in a leadership position.
- A concise handbook for applying proven leadership lessons in tough times
- Written by Bill George one of America's most trusted business leaders and author of True North and Authentic Leadership
- Offers realistic actions leaders can take to put their companies on the right long-term path
Seven Lesson for Leading in Crisis gives leaders a solid strategy for staying the course.
About the Author
Bill George is professor of management practice at Harvard Business School and the author of the best-sellers True North and Authentic Leadership. He is former chairman and CEO of Medtronic; under his leadership, Medtronic's market capitalization grew from $1.1 billion to $60 billion, averaging 35% per year. Earlier in his career, he was an executive with Honeywell and Litton Industries and served in the U.S. Department of Defense. He currently serves as a director of ExxonMobil and Goldman Sachs, and also recently served on the board of Novartis and Target. He is a trustee of Carnegie Endowment for International Peace, World Economic Forum USA and the Guthrie Theater. He has served as board chair of Allina Health System, Abbott-Northwestern Hospital, United Way of the Greater Twin Cities, and Advamed. George has been named one of "Top 25 Business Leaders of the Past 25 Years" by PBS; "Executive of the Year 2001" by the Academy of Management; and "Director of the Year 2001-2" by the National Association of Corporate Directors. He has made frequent appearances on TV and radio including Charlie Rose, The Today Show, News Hour with Jim Lehrer, NOW, CNBC, Bloomberg News, and NPR. His articles have appeared in Wall Street Journal, Business Week, Fortune, Harvard Business Review, and many others.George received his BSIE from Georgia Tech, his MBA from Harvard, where he was a Baker Scholar, and honorary PhDs from Georgia Tech and Bryant University. He has been a professor at IMD International and Ecole Polytechnique (Switzerland), and executive-in-residence at Yale School of Management. He lives in Minnesota, Massachusetts and Colorado.
Table of Contents
The Author xiii
Foreword by Warren Bennis xv
Introduction The Ultimate Test of Leadership 1
Lesson #1 Face Reality, Starting with Yourself 15
Lesson #2 Don’t Be Atlas; Get the World Off Your Shoulders 31
Lesson #3 Dig Deep for the Root Cause 47
Lesson #4 Get Ready for the Long Haul 61
Lesson #5 Never Waste a Good Crisis 75
Lesson #6 You’re in the Spotlight: Follow True North 89
Lesson #7 Go on Offense, Focus on Winning Now 105
Conclusion Crisis May Be Your Defining Moment 121
Appendix Leaders Featured in 7 Lessons for Leading in Crisis 129
References 133 Further study of 7 lessons for leading in crisis 139