What Defines Your Leadership?
In the April 9, 2012 issue of Fortune magazine, an article on The 12 Greatest Entrepreneurs of Our Time – and What You Can Learn From Them by John A. Byrne provides a brief but insightful look at what makes these successful men tick (three women received honorable mention but didn’t make it to the top 12).I’d like to provoke your thoughts by sharing the critical success factors about the top four.
Steve Jobs – Apple– Didn’t rely on consumer research, but instead “connected the dots” about relationships between technology and life experiences. He believed that it wasn’t consumers’ responsibility to know what they wanted, especially if they haven’t seen anything like it before. In essence consumers are often limited by their own experiences and imagination.
Bill Gates – Microsoft– Picked smart people and put them to work on important things. Both his business partner (Paul Allen) and his successor as CEO (Steve Ballmer) fall into that category. These are people who he bounced ideas off, and who in turn would come up with even better ideas. Gates believes that brilliant people should work on the best and most important projects.
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Fred Smith – Fedex– Learned about logistics from his experience serving in Vietnam where he saw the importance of integrating ground and air operations to move material and equipment, and to support the troops.He also learned the importance of investing in the right first line managers to make good decisions, and to praise them publicly for their work.
Jeff Bezos – Amazon– Takes a mini-retreat every quarter. This is time for him to reflect on the past, and plan for the future.His time alone with no phones is spent web-surfing for new trends and ideas that he then writes in a memo to himself and other members of his executive team for follow-up and action. These ideas typically take on a life of their own as others add to them until something develops. (more…)
