What was the role of leadership in the current economic melt-down? Whatever it was, there are lessons to be learned in moving forward. Regardless of the domain in which you exercise your leadership, the “Harvard Business Review: Management Tips” today suggested a very pertinent point:

Leaders need to know what the point of their work is. To create stakeholder value? Keep customers? Make the world a better place? Post-recession, what should the ultimate goal of your organization’s work be?

“So what” is the point of the work you do as a leader? …as an organization? …as a business? Can you say it without hesitation?

Suggestion: Tell 5 people within and outside your organization the “so what” of what you do as a leader, and ask them if that’s what they think the point of your work is, or should be, based on what they actually know of you and your organization.

“The key to a leader’s impact is sincerity. Before he can inspire with emotion he must be swayed by it himself. Before he can move their tears his own must flow. To convince them he must himself believe.”~ Winston Churchill

I came across this Churchill quote today in a blog posting by Laurel Delaney, global small business consultant. Here’s how she starts: “During a time of such unprecedented economic turmoil and change, lately I find myself visiting my trusty (and dusty, I might add) in-home library of business books, looking for answers and timeless wisdom from influential authors who just might be capable of leading us fearlessly into the future. Out of hundreds of books to choose from, here are five that deserve a spot in any collection of business classics…. [I] find that most of the advice is more timely, practical and relevant than you could possibly imagine considering today’s economic climate.” Here’s the five books she lists:

1. The Human Side of Enterprise by Douglas McGregor (1960) 

2. In Search of Excellence by Thomas Peters and Robert Waterman, Jr. (1985)

3. Beyond Entrepreneurship: Turning Your Business Into An Enduring Great Company by James Collins and William Lazier (1992) – Yes, this is the same Jim Collins of “Built to Last” and “Good to Great” fame. This gem came out long before his better know books.

4. On Becoming a Leader by Warren Bennis (1989)

5. The Effective Executive: The Definitive Guide to Getting the Right Things Done by Peter Drucker (1966)

All these books speak into and out of the business context. But at their heart they are about Leadership, regardless of where it is expressed. In Written by business visionaries, these books are leadership principles tested by the fierce discipline of a competitive and unforgiving marketplace. Ms. Delaney goes on to summarize the insightful advice she has taken away from the authors. To read the summaries and her concluding advice, go to: http://blogs.openforum.com/2009/03/03/advice-classic-business-book/ . 

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My business major friends in college used to wonder if it’s possible to speak of “business ethics,” as if combining the two words created an oxymoron. Something like, “honest politician,” or “true lies.” They just don’t belong together. Recent Wall Street scandals still beg the question. I am not a cynic, and have a high view of the role of business as a contributor to the social good. A friend told me today about a community leader and businessman who has integrated his business know-how with his spiritual and social values. Some might call him a “social entrepreneur,”* and that’s not an oxymoron. Here’s the story:

Somewhere in a former communist country in Eastern Europe is a farm run by two professionals, a man and his wife. The husband is the Mayor of 5 little villages, as well as a businessman. The start of their “farm project” arose out of their faith in God and around the time that the communist political-economic system was collapsing. The whole point of the “farm” was to be a place to grow grain and make bread, raise animals for meat and milk – all to feed the sick, orphans, and widows, and provide a place for the healthy to work for their bread. This they have been doing for the last 19 years. The foundations have been laid more recently for it to become a place where orphans come to be trained in one of the trades – baking, butchering, animal care or agriculture.

“There is so much more to this place and the man who has spent the last 19 years of his life building it. He reinvests everything, saying the point is not money. It’s to take care of the sick, orphaned and widowed and provide help for those who want to work to have a way out of poverty,” says my friend.

The husband and wife did not have kids because they wanted to sacrifice their lives on behalf of other people. You might almost say that their “children” are the multiple businesses they have started – all to provide jobs. Earlier this year he had a heart attack and now has to have a triple bypass surgery. His wife is also ill and he said if he wants to live very much longer he has to start handing things off because he can not run all of this and make it grow any more.

Typically, a business owner would look for a buyer and cash-out. But he says, “I will sign it over to someone who shares our heart tomorrow, if they wanted it, but I will not sell it to a business person who just wants to make money.” He told my friend over and over that he has no sons, no one to leave his inheritance to, but that he knows that God is working all these things out.

This is not the typical story coming out of Eastern Europe. But, it is the kind of story that helps me resist the current economic cynicism, and believe that “big government” intervention is not the only or even the best answer for finding a way forward.
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* – For more on Social Entrepreneurship, check the Links under Business & Social Development

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“I’m impatient! Before the other person has finished talking I have already come up with three solutions to their problem.”  The leader who spoke these words had asked me to help him become an effective leadership mentor. He has broad, regional responsibilities including multiple teams and hundreds of staff representing diverse cultures and backgrounds. A lot of his energy is spent putting out fires,…helping other leaders solve problems. He has learned from experience and observation that if you spend your leadership on putting out fires, you’ll end up burning out yourself.

In his mid-40′s, he had plenty of wisdom to pass on and the humility to show the scars that gave him that wisdom. But his efforts at leadership development had been mostly expressed through formal training events, and “one-off, as-needed” counseling sessions. He knew something had to change, and asked me for help. [more tomorrow...make that, day after tomorrow]

“I hope I shall possess firmness and virtue enough to maintain what I consider the most enviable of all titles, the character of an honest man.” — George Washington, 1st U.S. president

Coaching is an authentic conversation that has the power to transform those who are willing to change and grow! If that’s true …. a static website isn’t much of a conversation. So, I am switching to a blog format. New versions of my former static content can be found in the Pages on the sidebar. They are still helpful, so go there to learn more about DiscoveryL3 Solutions and how coaching can help you or your organization/company turn pressing challenges into powerful change …. in your Leadership, your Life and the Legacy you leave behind.

Why another blog? …. I am learning stuff everyday from the leaders I coach and the conversations we have. Those conversations are CONFIDENTIAL!!! But concepts, principles and practices can be passed on …. and with permission, even the stories from which they have emerged.

There’s lots of good leaders out there who are trying to figure things out and in many cases are “making it up as they go.” …. Maybe you’re one of them. So rather than keep all I’m encountering to myself for some future high-priced book, I’m going to share the “stuff that works in the real world” right here …. with you …. straight from other “real world” leaders …. with their permission.

Please take what might fit and find out what works for your leadership challenges – as CEO of a Fortune500, or CEO of your Family of 5 …. or anything where others look to you to make the hard decisions and where you need to get it right …. at least most of the time.

So….consider this question, and then talk to me!

QUESTION: What are 2-3 of the biggest challenges you face right now in YOUR leadership role?