A great article from the McKinsey Quarterly showed up in my mailbox while I was away on vacation. As much as I wanted to delete it along with piles of emails awaiting me upon my return, the title was too interesting to pass up.
And it's defintely worth reading.
In short, after interviewing 14 CEOs about the recent economic challenges, researchers came up with a list of "Six Leadership Musts," which correspond with what we've been advocating about Innovation Leadership:
- Confront Reality (be Courageous)
- At Board meetings, Put Strategy Center Stage (be Humble and Curious when working with your board)
- Be Transparent with Employees... (demonstrate great Integrity in your communication)
- ...And investors (Integrity with ALL stakeholders)
- Build and Protect the Culture (focus on Core Values)
- Keep Faith with the Future (Tenacity in the face of tough obstacles)
The leaders interviewed for this article acknowledged that doing the right thing is even harder when times are tough, but there's no doubt that it is the time when the value of strong leadership shines.
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