ESSENTIALS FOR LEADERS AND THOSE THEY LEAD
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Openness, curiosity, empathy, balance. Such “soft” character traits are often the trademarks of the best leaders; those they lead are the direct beneficiaries of the care and support that flows from caring bosses. It’s a simple formula, so this week, let’s keep it simple. We’ve collected some of our recent conversations—with poets, coaches, experts, and other leaders—to help you look inward, understand yourself more deeply, and, we hope, pick up some tips to improve yourself and lead better. |
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That’s roughly the share of people we consider ambitious who doubt that the effort they are making to be as successful as they can be is actually worth it, according to coach and author Nicolai Tillisch. He says that when he started to look at how to help people perform and achieve ambitious goals, “a whole picture opened up—that this is not just about performance. It really is holistic: you can achieve, but if you don’t have growth and well-being at the same time, it will be really difficult.” For young climbers, as well as those well into their careers, Tillisch calculates ROA (return on ambition), a formula that measures three vital factors: achievement plus growth plus well-being. Also, don’t forget to check yourself against the seven “frenemies” of ambitious people. |
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“Math has no opinion,” Mellody Hobson likes to say. When it comes to understanding and acting on diversity in the corporate world, the president and co-CEO of Ariel Investments and chairwoman of Starbucks pulls no punches. “Corporate America wants partial credit for showing their work but getting the wrong answer,” she says. “But in this area, we want credit for trying.” We think this interview, conducted in February 2020, is worth a second look on our pages because it serves as a clinic in self-reflection for the thoughtful leader. Hobson’s “happy warrior” personal story yields lessons any leader can benefit from—including those on diversity, the absolute importance of honest mentoring, the right way to think about feedback (“It doesn’t help you for someone to tell you that you’re terrific”), and the need from time to time to humbly “crouch to conquer.” |
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“The most shocking fact that I’ve come across in happiness research,” says Lord Richard Layard, is that “the time of day or the time in the week that people least enjoy is when they’re with their boss.” In this interview, the renowned economist posits a series of challenges to leaders to find answers to the problem: stop treating happiness as a “fluffy” concept and treat it seriously by measuring it; pay much greater attention to employees’ mental health; understand that a lot of work is either boring or extraordinarily exhausting, and improve it; consider group-performance pay as an alternative to pay systems that set one worker against another.
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— Edited by Bill Javetski, an executive editor in McKinsey’s New Jersey office, with special thanks to Eleni Kostopoulos |
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