One of the country's most trusted leaders offers time-tested andreal world advice for leading in economic hard times
From business giant Bill George, the acclaimed author of WallStreet Journal's bestseller True North, comes thejust-in-time guide for anyone in a leadership position facingtoday's unprecedented economic challenges. The former CEO ofMedtronic draws from his own in-the-trenches experience and lessonsfrom leaders (representing an array of companies) who haveweathered tough economic storms. With straight talk and cleardirections, George shows leaders specifically what they must do tobecome strong leaders and survive any crisis. His seven lessonsinclude: Face Reality, Starting with Yourself; Never Waste a GoodCrisis; and Be Aggressive: This is Your Best Chance to Win in theMarket. Seven Lesson for Leading in Crisis is a survival kitfor anyone in a leadership position.
- A concise handbook for applying proven leadership lessons intough times
- Written by Bill George one of America's most trusted businessleaders and author of True North and AuthenticLeadership
- Offers realistic actions leaders can take to put theircompanies on the right long-term path
Seven Lesson for Leading in Crisis gives leaders a solidstrategy 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
Foreword (Warren Bennis).
Introduction The Ultimate Test of Your Leadership.
Lesson #1 Face Reality, Starting with Yourself.
Lesson #2 Don't be Atlas, Get the World Off Your Shoulders.
Lesson #3 Dig Deep for the Root Cause.
Lesson #4 Get Ready for the Long Haul.
Lesson #5 Never Waste a Good Crisis.
Lesson #6 You're in the Spotlight: Don't Lose Track of TrueNorth.
Lesson #7 Go on Offense, Focus on Winning.
Conclusion Crisis May Be Your Defining Moment.
Appendix Leaders Featured in 7 Lessons.
Most Helpful Customer Reviews
Business legend Bill George learned about corporate crisis firsthand as a novice manager in his 20s. His timing was impeccable: The day before he began a new job as Litton Industries' assistant general manager for microwave ovens, the U.S. surgeon general announced that microwave ovens posed a potential health risk. When George arrived at Litton's Minneapolis office for his first day on the job, the place was in bedlam. If the Food and Drug Administration (FDA) had ordered Litton to take its only product off the market, the company would have gone under - and George would have been out of a job. For nine months, he worked around the clock with Litton's engineers to make sure its microwave ovens could meet tough new FDA standards. What a welcome to the business big leagues! In his book on corporate crises, George says calamities either make or break executives. Litton's microwave crisis did not break George. He went on to a storied career as a respected CEO and a professor at Harvard's School of Business. getAbstract recommends his wise, savvy book to CEOs and other senior executives who will derive valuable lessons from its strategies and its many fascinating case studies. To learn more about this title, check out the following Web page: http://www.getabstract.com/summary/12780/seven-lessons-for-leading-in-crisis-.html
In short, this book uses the experiences of CEOs past to illustrate examples of successes and failures to substantiate the 7 lessons enumerated in the book. Well organized, each so-called lesson is derived from the experience of an executive. If you've been keeping up with the business news of the past 20 years, you will be familiar with each and every experience the author draws from. As an executive, I didn't learn much but it was a nice walk down memory lane and a good reference to consolidate the past 2 decades of who's who and who-did-what.