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Leadership in Startups with Andy Fleming
“I would have to say that there is this old image of the leader being visionary, a storyteller kind of person. I would say now that the leader is a truth seeker.”
— Andy Fleming, Founding Partner at Core Growth Partners, LLC
11 national championships (’62, ’64, ’65, ’67, ’68, ’69, ’70, ’71, ’72, ’73, ’74, ’75), a winning percentage of .804 (664-162), and four perfect seasons (30-0). The man behind the numbers in this coach is legendary UCLA basketball coach and leader, John Wooden. Basketball and startups are team sports. Both require leaders to operate efficiently and both need leaders to perform even when they have flu-like symtoms. Leadership in startups takes a lot of hard-work, constant learning, and a unique ability to adapt to change. Earlier this month Scott Henderson sat down with three seasoned startup leaders to discuss the topic of leadership in startups.
Powerful Questions and Listening – the tools of succession planning by Family Wealth Coach
You know the old saying, “Children should be seen and not heard?” If ever there was a time to discredit that saying, it is when you’re in the midst of succession planning.
We’ve all had that feeling when you sense that your input is not as legitimate as other’s in the room. It can be incredibly intimidating for heirs when there are multiple generations at the table. It’s critical that you foster an environment with your heirs where that feeling isn’t allowed to take hold, and where their input is just as valued as others in the room.
It can be a serious problem if people feel like they “aren’t being heard.” How can you create a succession strategy if people aren’t communicating? If there isn’t powerful communication then it may be difficult to know what matters to your heirs, and what makes them tick. You may not know what tools or resources they might need, and it could be incredibly difficult to get a grasp on the pressures they feel. And the reverse is equally true. These are all things you want your heirs to understand and know about you, as well.
The most compelling tools of succession planning are powerful questions combined with powerful listening. Powerful listening doesn’t mean just sitting quietly and “listening” so that you can then jump in with a response. Powerful listening is about trying to hear more than the words—it’s about trying to hear where those words are coming from. What are the motivations behind those words? Ask open-ended questions, and wait for a response—and then listen.
It’s also important to keep in mind that sometimes too much respect can really impede communication. If 1st generation wealth holders are held in reverence by the 3rdgeneration, then that 3rd generation may not communicate openly. We understand that it can be difficult for the 3rd generation’s views to be taken as seriously as the 1stgeneration’s. After all, the 1st generation has had far more experience. But keep in mind that one day it will be the 3rd generation making all the decisions, so it’s critical that they feel like they are “being heard” in order for the succession plan to work smoothly.
Leadership with Two Hands: Amornrat Kantaphon
We often have an idea that people who have leadership qualities and abilities must be people who do something of great magnitude or wield a lot of power. In fact, anyone can be a leader. By starting with their own hands, a person can create thousands of incredible things in the world. In Thailand, there is a man who used his own two hands to do a very simple thing-something that he believed in and loved doing.
Why European Telecoms Are Attracting Billionaires
May 8, 2013 (Bloomberg) — Bloomberg Billionaires European Editor Robert LaFranco looks at the move by billionaires into the European telecom sector and why they find it attractive. He speaks on Bloomberg Television’s “The Pulse.”
“Conscious Capitalism” – Kip Tindell, Chairman & CEO, The Container Store
Kip Tindell, Chairman and CEO of The Container Store, shares his perspectives on conscious capitalism and the relationship between business and society as he speaks to the Darden Leadership Speaker Series theme for this year, “What Does it Take?”. His visit is co-sponsored by, and served as the keynote kick-off for, the 2nd annual Business in Society Conference at Darden. Recorded 7 February 2013. For more information on the visions and values of The Container Store, visit http://standfor.containerstore.com/.
With Tindell at its helm for 34 years, Dallas-based The Container Store, the original storage and organization store, has 58 stores across the country. Stores average 25,000 square feet and are merchandised with more than 10,000 products designed to save space and time. Privately held, the retailer has posted a compounded annual growth rate of 24% since its inception. With 2012 fiscal year sales projected to reach $750 million, the originators of the storage and organization category of retailing remain the leaders in an industry that thrives.
With his focus on employees first, Tindell has nurtured a fierce loyalty to the company, which has an incredible number of employees who might never have dreamed of a career in retail. In fact, that employee-first culture has landed The Container Store on FORTUNE magazine’s list of “100 Best Companies to Work For” 13 years in a row.
Peter Docker – Leadership and Workplace Culture Expert
Peter Docker inspires people to generate new possibilities–both for themselves and their organizations. Building on Simon Sinek‘s “Golden Circle,” Peter illustrates his insights by drawing on examples from his previous careers in the military and industry sectors to explain principles that can be applied in any business to create extraordinary and sustainable organizations.
Davos 2013 – TIME: Leading Through Adversity
Leading through Adversity
Are leaders too risk-averse in efforts to bring the economy back on track?
This session was developed in partnership with Time magazine and broadcasted on CNN Money.
• John T. Chambers, Chairman and Chief Executive Officer, Cisco, USA
• Clayton Christensen, Professor of Business Administration, Harvard Graduate School of Business Administration, USA
• Mike Duke, President and Chief Executive Officer, Wal-Mart Stores, USA; Co-Chair of the Governors for the Consumer Industries 2013
• Orit Gadiesh, Chairman, Bain & Company, USA; World Economic Forum Foundation Board Member
• Anand G. Mahindra, Chairman and Managing Director, Mahindra & Mahindra, India
• Martin Senn, Group Chief Executive Officer, Zurich Insurance Group, Switzerland; Co-Chair of the Governors for Financial Services for 2013
• Jim Frederick, Editor, Time International, USA
When Change is not a Choice: Armen Berjikly
After a close friend’s diagnosis with a serious medical condition, Berjikly began creating online communities designed to sponsor hope through research and community. Witnessing the power of connecting people with a shared experience, and therefore common understanding, led to the creation of Experience Project which has rapidly grown to the largest community of people sharing life experiences, with over 10 million people a month sharing over 20 million experiences. Previously Berjikly worked at the Echelon Corporation, where he helped manage their “intelligent utility grid” solution from paper concept to millions of units shipped. Berjikly’s passion continues to be building products that unite people who can improve each other’s lives, and pioneering new ways to bring emotional awareness to technology.
Berjikly obtained his Master’s Degree from Stanford University in Management Science and Engineering, with an emphasis on Entrepreneurship. Prior to that he graduated with honors in Computer Science from Stanford, where his primary research focus was Human-Computer Interaction.
Private Equity Revealed – How to sell a business?
Miriam Varadi, author of the book Merchants of Enterprise, with her guest Larry Klar, Partner at The Succession Fund, discuss the steps a business owner should take when trying to sell their business including the process, timing, an independent business valuation and a SWOT analysis.
Collaboration -Affect/Possibility – Ken Blanchard
Stating that “no one of us is as smart as all of us,” Ken Blanchard teaches us three aspects of successful collaboration: 1. if you meet someone who wants to accomplish something, and you want to accomplish something, the experience is meant to be dynamic; 2. rely on the different skills and experience people bring to the table; 3. “essence” and “form” are the two characteristics of a solid collaboration.