If corporate leaders and their acolytes are not slaves to some meritorious social purpose, they run the risk of being enslaved by their own ignoble appetites.
Interpretation
Corporate leaders must prioritize social good to avoid being driven by selfish desires.
This quote by Gary Hamel emphasizes the idea that leaders in the corporate world should not only focus on profit and personal gain but also consider their responsibility towards society. If they fail to uphold a noble social purpose, they risk becoming trapped in their own greed and materialistic desires, ultimately losing sight of the greater good that their leadership could serve.
In practice
This quote can be used in a corporate training seminar to highlight the importance of ethical leadership.
The real damper on employee engagement is the soggy, cold blanket of centralized authority. In most companies, power cascades downwards from the CEO. Not only are employees disenfranchised from most policy decisions, they lack even the power to rebel against egocentric and tyrannical supervisors.
The biggest barriers to strategic renewal are almost always top management's unexamined beliefs.
To create an organization that's adaptable and innovative, people need the freedom to challenge precedent, to 'waste' time, to go outside of channels, to experiment, to take risks and to follow their passions.
If customer ignorance is a profit centre for you, you're in trouble.
It doesn't matter much where your company sits in its industry ecosystem, nor how vertically or horizontally integrated it is - what matters is its relative 'share of customer value' in the final product or solution, and its cost of producing that value.
The single biggest reason companies fail is they overinvest in what is, as opposed to what might be.
The ideal is to build a culture of healthy discussion, where everyone's ideas are valued. At KIND, we want everyone to be comfortable challenging my or anyone else's ideas without ever feeling or making someone else feel that the questioning is a personal attack.
A politician needs the ability to foretell what is going to happen tomorrow, next week, next month, and next year. And to have the ability afterwards to explain why it didn't happen.
Authenticity is your most precious commodity as a leader.
The secret to success is good leadership, and good leadership is all about making the lives of your team members or workers better.
We treat employees as a member of the family. If management take the risk of hiring them, we have to take the responsibility for them.
It take 15,000 casualties to train a major general.
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