Monday, 10 November 2014

Series on Top CEO's Secrets of Success - Goldman Sachs

Lloyd Blankfein


Chairman and CEO—Goldman Sachs
My advice is to focus on becoming a complete person. Everyone should focus on the content of his or her job, of course. But work is not the end; it's a means to an end. You owe it to yourself to open up to broader interests. And in the end, it will be better for your career because you will be more interesting and attractive to others.

The importance of the handshake

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Nixon and Mao. Reagan and Gorbachev. De Klerk and Mandela. Rabin and Arafat. The importance of the handshake should not be overlooked. Throughout history the handshake has been used as a powerful symbol for peace. From originally showing that you come in peace and are unarmed (at least in that hand!) to today where it is the ultimate photoshot – used again and again to suggest a new era, a new political order or alliance and a way of reconciling from the past. It can show that two countries or two groups that have previously had no contact, through an action of physical contact, now have a new symbolic relationship.

In the increasingly digital world we live in, the handshake is still seen as a significant symbol in politics, diplomacy, and even business. In business deals and meetings shaking hands play a key role. A study by the National Centre for Biotechnology Information (NCBI) found that a firm handshake can portray a sense of emotional expressiveness, openness, and confidence.
A survey conducted by the American Psychological Association recorded that there was a positive link between a firm handshake and being hired at a job interview. The stronger and more confident the handshake, the better the impression.
The Massachusetts Institute of Technology (MIT) found that witnessing two other people shake hands triggers positive emotions. So even watching other people shake hands makes us feel rewarded.
Therefore a simple handshake can be a powerful symbol of peace, make us more employable and allows us to feel more rewarded and satisfied. Never underestimate the power of a handshake.
How to shake hands well
  1. Smile and look in the other person’s eyes. Eye contact and hand contact belong together. In fact eye contact comes first – otherwise you may find yourself offering your hand and it being spurned.
  2. Go in thumbs up and palm open (obviously – duh).
  3. Dont jerk your arm up and down (not back and forth) – slow and normal does it. Otherwise you will appear drunk, overexcited or juvenile. Or all three.
  4. Don’t have sweaty, moist palms – if your palms sweat buy a hankie or tissues. Otherwise you will be remembered for being the person to avoid – the one that made them wipe their hand dry on their shirt! This rule doesn’t apply after tennis or rugby.
  5. A firm handshake is good, a limp handshake is terrible. When I say firm I do not mean cutting off their blood supply to their fingers.
  6. Keep your hand straight – otherwise you may appear to be dominant or submissive.
  7. 2-4 seconds should do it. More than 5/6 seconds and you are being creepy and hitting on them! Adjust to them and be sensitive to them.
  8. Talk to the person you are meeting – if you already know them, use their name and greet them as if you mean it.
  9. Don’t whip your hand away as if you had just found our that they had an evil, mutating disease. Slow and natural.

Sunday, 9 November 2014

Series on Top CEO's Secrets of Success - PepsiCo

Indra Nooyi


Chairman and CEO—PepsiCo
Embrace tough assignments. Conventional wisdom suggests that it’s easier to take the path of least resistance by signing up for an easy job, doing it well, and moving on to something bigger. The problem with that theory is that nobody notices when you do an easy job well. It’s far better to challenge yourself by raising your hand for the toughest assignments and work to solve problems that no one else has been able to solve. That’s how you truly become a trusted leader inside an organization.
Never stop learning. Whether you’re an entry level employee fresh out of college or a CEO, you don't know it all. Admitting this is not a sign of weakness. The strongest leaders are those who are lifelong students.

The 10 Gifts of a Servant Leader

As many small trickles of water feed the mightiest of rivers, the growing number of individuals and organizations practicing servant-leadership has increased into a torrent, one that carries with it a deep current of meaning and passion.

Robert K. Greenleaf 's idea of servant-leadership, now in its fourth decade as a concept bearing that name, continues to create a quiet revolution in workplaces around the world. Since the time of the Industrial Revolution, managers have tended to view people as tools, while organizations have considered workers as cogs in a machine. In the past few decades we have witnessed a shift in that long-held view. In countless for-profit and nonprofit organizations today we are seeing traditional, autocratic, and hierarchical modes of leadership yielding to a different way of working--one based on teamwork and community, one that seeks to involve others in decision making, one strongly based in ethical and caring behavior, and one that is attempting to enhance the personal growth of people while improving the caring and quality of our many institutions. This emerging approach to leadership and service began with Greenleaf.
The term servant-leadership was first coined by Greenleaf (1904–1990) in a 1970 essay titled "The Servant as Leader." Since that time, more than half a million copies of his books and essays have been sold worldwide. Greenleaf spent most of his organizational life in the field of management research, development, and education at AT&T. Following a 40-year career at AT&T, Greenleaf enjoyed a second career that lasted 25 years, during which time he served as an influential consultant to a number of major institutions, including Ohio University, MIT, the Ford Foundation, the R. K. Mellon Foundation, the Mead Corporation, the American Foundation for Management Research, and the Lilly Endowment. In 1964 Greenleaf also founded the Center for Applied Ethics, which was renamed the Robert K. Greenleaf Center in 1985 and is now headquartered in Indianapolis.
Slowly but surely, Greenleaf 's servant-leadership writings have made a deep, lasting impression on leaders, educators, and many others who are concerned with issues of leadership, management, service, and personal growth. Standard practices are rapidly shifting toward the ideas put forward by Greenleaf, as witnessed by the work of Stephen Covey, Peter Senge, Max DePree, Margaret Wheatley, Ken Blanchard, and many others who suggest that there is a better way to lead and manage our organizations. Greenleaf's writings on the subject of servant-leadership helped to get this movement started, and his views have had a profound and growing effect on many people.
What Is Servant-Leadership?
The idea of the servant as leader came partly out of Greenleaf's half-century of experience in working to shape large institutions. However, the event that crystallized Greenleaf 's thinking came in the 1960s, when he read Hermann Hesse's short novel Journey to the East--an account of a mythical journey by a group of people on a spiritual quest.
After reading this story, Greenleaf concluded that its central meaning was that the great leader is first experienced as a servant to others, and that this simple fact is central to the leader's greatness. True leadership emerges from those whose primary motivation is a deep desire to help others. 
In his works, Greenleaf discusses the need for a better approach to leadership, one that puts serving others--including employees, customers, and community--as the number one priority. Servant-leadership emphasizes increased service to others, a holistic approach to work, promoting a sense of community, and the sharing of power in decision making. The words servant and leader are usually thought of as being opposites. When two opposites are brought together in a creative and meaningful way, a paradox emerges. So the words servant and leader have been brought together to create the paradoxical idea of servant-leadership.
Who is a servant-leader? Greenleaf said that the servant-leader is one who is a servant first. In "The Servant as Leader" he wrote, "It begins with the natural feeling that one wants to serve, to serve first. Then conscious choice brings one to aspire to lead. The difference manifests itself in the care taken by the servant--first to make sure that other people's highest-priority needs are being served. The best test is: Do those served grow as persons; do they, while being served, become healthier, wiser, freer, more autonomous, more likely themselves to become servants? And what is the effect on the least privileged in society? Will they benefit or at least not be further deprived?"
At its core, servant-leadership is a long-term, transformational approach to life and work--in essence, a way of being--that has the potential for creating positive change throughout our society. 
Characteristics of the Servant-Leader
After some years of carefully considering Greenleaf 's original writings, I have extracted the following set of characteristics central to the development of servant-leaders:
** 1. Listening. Leaders have traditionally been valued for their communication and decision-making skills. While these are also important skills for the servant-leader, they need to be reinforced by a deep commitment to listening intently to others. The servant-leader seeks to identify the will of a group and helps clarify that will. He or she seeks to listen receptively to what is being said. Listening, coupled with regular periods of reflection, is essential to the growth of the servant-leader.
** 2. Empathy. The servant-leader strives to understand and empathize with others. People need to be accepted and recognized for their special and unique spirits. One assumes the good intentions of coworkers and does not reject them as people, even if one finds it necessary to refuse to accept their behavior or performance.
** 3. Healing. One of the great strengths of servant-leadership is the potential for healing one's self and others. Many people have broken spirits and have suffered from a variety of emotional hurts. Although this is part of being human, servant-leaders recognize that they also have an opportunity to "help make whole" those with whom they come in contact. In "The Servant as Leader" Greenleaf writes: "There is something subtle communicated to one who is being served and led if implicit in the compact between servant-leader and led is the understanding that the search for wholeness is something they share." 
** 4. Awareness. General awareness, and especially self-awareness, strengthens the servant-leader. Awareness also aids one in understanding issues involving ethics and values. It lends itself to being able to view most situations from a more integrated, holistic position. As Greenleaf observed: "Awareness is not a giver of solace--it is just the opposite. It is a disturber and an awakener. Able leaders are usually sharply awake and reasonably disturbed. They are not seekers after solace. They have their own inner serenity."
** 5. Persuasion. Another characteristic of servant-leaders is a primary reliance on persuasion rather than positional authority in making decisions within an organization. The servant-leader seeks to convince others rather than coerce compliance. This particular element offers one of the clearest distinctions between the traditional authoritarian model and that of servant-leadership. The servant-leader is effective at building consensus within groups. 
** 6. Conceptualization. Servant-leaders seek to nurture their abilities to "dream great dreams." The ability to look at a problem (or an organization) from a conceptualizing perspective means that one must think beyond day-to-day realities. For many managers this is a characteristic that requires discipline and practice. Servant-leaders are called to seek a delicate balance between conceptual thinking and a day-to-day focused approach.
** 7. Foresight. Foresight is a characteristic that enables the servant-leader to understand the lessons from the past, the realities of the present, and the likely consequence of a decision for the future. It is also deeply rooted within the intuitive mind. Foresight remains a largely unexplored area in leadership studies, but one most deserving of careful attention.
** 8. Stewardship. Peter Block has defined stewardship as "holding something in trust for another." Robert Greenleaf 's view of all institutions was one in which CEOs, staffs, and trustees all played significant roles in holding their institutions in trust for the greater good of society. Servant-leadership, like stewardship, assumes first and foremost a commitment to serving the needs of others. It also emphasizes the use of openness and persuasion rather than control.
** 9. Commitment to the growth of people. Servant-leaders believe that people have an intrinsic value beyond their tangible contributions as workers.As a result, the servant-leader is deeply committed to the growth of each and every individual within the institution. The servant-leader recognizes the tremendous responsibility to do everything possible to nurture the growth of employees. 
** 10. Building community. The servant-leader senses that much has been lost in recent human history as a result of the shift from local communities to large institutions as the primary shaper of human lives. This awareness causes the servant-leader to seek to identify some means for building community among those who work within a given institution. Servant-leadership suggests that true community can be created among those who work in businesses and other institutions. Greenleaf said: "All that is needed to rebuild community as a viable life form for large numbers of people is for enough servant-leaders to show the way, not by mass movements, but by each servant-leader demonstrating his own unlimited liability for a quite specific community-related group."
These ten characteristics of servant-leadership are by no means exhaustive, but they serve to communicate the power and promise that this concept offers to those who are open to its invitation and challenge.

Saturday, 8 November 2014

Series on Top CEO's Secrets of Success - IBM

Ginni Rometty


Chairman, President and CEO—IBM
Never protect the past. If you never protect the past, I think ... you will be willing to never love [it] so much [that] you wont let it go, either.
Never define yourself as a product and, in fact, I would augment it; never define yourself by your competition, either. If you live and define yourself by your product or competition, you will loose sight of who your customer is.

Here's How America's Top Business Leaders Spend Every Minute Of The Day

How do top business leaders spend their time?
Being fascinated by this topic, I collaborated with Chris Stowell, vice president of the International Center for Management and Organization Effectiveness in Sandy, Utah, to survey 267 C-level executives (all at the vice president level or higher) at Fortune 500 companies.
The respondents to the email survey, completed over the past two months, came from 163 companies including Adobe, American Express, AT&T, Bank of America, Boeing, BP, Delta, DHL, Federal Express, GE, Google, HP, John Deere, Johnson & Johnson, Kelloggs, Motorola, Rio Tinto, and Twitter. 
The survey research showed that the typical corporate leader wakes up at about 6:15 a.m., exercises for 45 minutes, and commutes 25 minutes each way. Every workday, he or she spends two hours and 25 minutes on email and texting, 25 minutes on strategy and planning, and 30 minutes on personal development. 
The infographic below, created by Stowell, my friend and a leadership-training consultant, summarizes the findings. 
How does your day compare? Please share your comments below.
Fortune500 Daily Lives


Read more:  http://www.entrepreneur.com/article/236853#ixzz3I1e8cBNq

Friday, 7 November 2014

Series on Top CEO's Secrets of Success - Sir Martin Sorrell

Martin Sorrell


Photo: Tom Campbell—Courtesy of WPP
CEO—WPP Group
What's the best advice you've ever received?
My father told me to find something you enjoy doing, work hard at it and develop a reputation in the field, and then, if you want to start something on your own, go ahead. If you enjoy your work, then it is not work. This goes against current conventional wisdom, which encourages flitting from job to job.
What is the best advice that you like to give?
"Get on with it!" Or my motto, "persistence and speed."