Authentic Leadership Rediscovering the Secrets to Creating Lasting Value

by
Edition: 1st
Format: Paperback
Pub. Date: 2004-08-11
Publisher(s): Jossey-Bass
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Summary

In the wake of continuing corporate scandals there have been few, if any, CEOs that have stepped forward as models of "doing things right"-except the former chairman and CEO of Medtronic, Bill George. George has become the unofficial spokesperson for responsible leadership-in business, the media, and academia.In Authentic Leadership Bill George makes the case that we do need new leaders, not just new laws, to bring us out of the current corporate crisis. He persuasively demonstrates that authentic leaders of mission-driven companies will create far greater shareholder value than financially oriented companies. During George's twelve-year leadership at Medtronic, the company's market capitalization soared from $1.1 billion to $460 billion, averaging 35% per year.George candidly recounts many of the toughest challenges he encountered -- from ethical dilemmas and battles with the FDA to his own development as a leader. He shows how to develop the five essential dimensions of authentic leaders-purpose, values, heart, relationships, and self-discipline. Authentic Leadership offers inspiring lessons to all who want to lead with heart and with compassion for those they serve.Bill George helps readers answer vital questions such as: What should I do when my personal values conflict with company business values? How do I make trade-offs between the needs of my customers, my employees, and my company's shareholders? Do I really want to devote my talents to business? Authentic Leadership provides a tested guide for character-based leaders and all those who have a stake in the integrity and success of our corporations.

Author Biography

Bill George is former chairman and CEO of Medtronic, He is a board member of Goldman Sachs, Target, and Novartis and executive-in-residence at Yale

Table of Contents

Foreword xv
Warren Bennis
Preface: A New Generation of Leaders xvii
Introduction: Where Have All the Leaders Gone? 1(10)
Part One: Becoming an Authentic Leader
1. Leadership Is Authenticity, Not Style
11(16)
2. The Transformation of Leaders
27(18)
3. Leading a Balanced Life
45(16)
Part Two: Building an Authentic Company
4. Missions Motivate, Dollars Don't
61(10)
5. Values Don't Lie
71(10)
6. It's the Customer, Stupid!
81(10)
7. It's Not Just the CEO
91(10)
8. Whose Bottom Line: Customers or Shareholders?
101(8)
Part Three: In the Crucible of the Market
9. Seven Deadly Sins: Pitfalls to Growth
109(8)
10. Overcoming Obstacles: Nothing Can Stand in Your Way
117(10)
11. Ethical Dilemmas: When in Rome, Don't Follow the Romans
127(6)
12. Innovations from the Heart
133(10)
13. Acquisitions Aren't Just About Money
143(10)
14. Shareholders Come Third
153 (12)
Part Four: Beyond the Bottom Line
15. Governance Is Governance
165(12)
16. Sticking Your Neck Out
177(10)
17. Preparing for Succession...and Moving On
187(10)
Epilogue: If Not Me, Then Who? If Not Now, When? 197(4)
Medtronic Financial Results 201(2)
Suggested Reading 203(4)
Acknowledgments 207(2)
The Author 209(2)
Index 211

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