List price: $75.45 (that's 30% off!)
Used price: $29.25
Collectible price: $32.00
Buy one from zShops for: $29.70
This is what makes reading this book so valuable. Reading the attributes and studies about Theory X and Theory Y management styles in McGregor's own words, instead of a one or two line sentence concerning his theories in another book, is well worth the price of this book.
The book was compelling because many of the attributes of today's managers, and organizations in general, can STILL be applied to either Theory X or Theory Y management types! In fact, much of the literature today suggests that companies with a Theory Y mindset are surviving better today than Theory X companies. The supporting information McGregor provides to each theory suggests, again even today, that these two themes will be prevalent in society for years to come.
Having this book in your professional library will provide you with some good insight and historical reference to modern day theories. I highly recommend it!
List price: $26.95 (that's 30% off!)
Used price: $18.40
Buy one from zShops for: $17.50
1. Setting the Stage for the Future.
2. The Organization of the Future
3. The Leader of the Future.
4. How Leaders Stay on Top of Their Game.
5. Insights from Young Leaders.
The result is an insightful examination on the state of leadership today and the challenges it can expect to experience in the future. For example, Bennis writes the first essay and presents a number of challenging issues, including the widening disparity of talent among income levels, growing demographic changes between young and old and balancing the demands of work and home. James O'Toole looks at the organization of the future and remarks that leaders should view their tasks "as creating the systems under which others would be encouraged to do all the things that typically end up on the desk of the do-it-all leader."
The Future of Leadership is a comprehensive examination of leadership today and tomorrow provided by a number of insightful modern day thinkers. It asks some judicious questions and dares to look into the future with assurance and confidence. Some essays are better written than others, but every reader will find some valuable material and learn a new perspective from its pages.
Answering these questions are top researchers, professors, commentators and consultants. The variety of authors provides a rich tapestry of information, experiences and opinions. What are the keys to great leadership? What makes one high-performing team do great things (The Manhattan Project) and another perpetrate evil (The Final Solution)? As the percent of one's life likely to be engaged in full-time employment declines (from 50 of 68 years in 1960 to 38 of 76 years today), how does this affect the way we lead and live? What happens when good leaders go bad? Is leadership aptitude widely distributed or possessed by a select few? Are business schools up to the task of developing the management and leadership talent for tomorrow?
Given the approximately hundreds of articles and dozens of books on leadership published each year, you might expect to have had these answers or at least these questions raised before. "The future of leadership" offers a fresh, readable perspective, for the business student and the manager. Sure, you might quibble with the eclectic responses and styles of this broad spectrum of authors, but the quality lies in their diversity.
Used price: $10.00
Buy one from zShops for: $12.95
The book correctly points out that many leaders don't want (or cannot tolerate) having a powerful second-in-command. A COO is often a position created by the board to assist in a transition to picking a new CEO. If the old CEO can sabotage the COO, the old CEO may get to keep the job longer than planned. So what could be co-leadership often doesn't get off the ground. In fact, the COO job is often a dead-end for the inhabitant.
The advantage of the teams, when they work, is that much more can be accomplished by dividing tasks and by challenging each other's thinking so that better ideas are created and more mistakes avoided. The authors feel that every organization should have co-leaders. Frankly, that's unlikely to happen.
The book nicely summarizes 10 lessons for how co-leaders should operate and another 10 lessons for creating a co-leader environment. Most of these will seem like common sense to you, but they are worth considering.
My own research on CEOs shows that the number of roles they are expected to excel in continues to grow. On the other hand, those who are most successful year in and year out as CEOs usually have no co-leaders. They tend to operate with a top management team that more broadly shares the responsibilities and challenges. It would be interesting to put some quantitative measures on the co-leader concept to see how it performs compared to the alternatives.
The main benefit I got from the book was learning more about people who have toiled out of the limelight before becoming CEOs (and who made important contributions as COOs) like Craig Barrett at Intel and Steve Ballmer at Microsoft.
If you are thinking about having a COO or taking a COO job, this book is a must read!
Used price: $63.45
Buy one from zShops for: $63.45
In another book, Bennis draws a comparison between managing people and herding cats. Some day, I hope he will write a book (perhaps dedicated to Noah) in which he suggests what can be learned from both the male and female lion as well as from the termite, the orca whale, alligators and crocodiles, the prairie dog, the hyena, etc. For Bennis, the "new trade is all about vision, meaning, purpose, and trust -- and what it takes to maintain these essential elements in modern organizations." I assume he agrees with me that only a few can occupy the highest executive levels in an organization (CEO, COO, CFO, etc.) but literally everyone in the same organization can be a leader in the sense of taking appropriate (repeat, "appropriate") initiatives. They will do so, however, only if their organization's leaders "have the capacity to enroll [them]" in a compelling vision. In Section 3, Bennis identifies and then explains several strategies which are needed to achieve that engagement:
1. Release the brainpower of people
2. Work for the long-term interests of all stakeholders
3. Adapt to a new style of leadership
4. Form new global alliances
NOTE: For small-to-midsize organizations, this probably involves forming strategic alliances with other, much larger organizations which are global in both their nature and scope.
5. Reinvent the organization
6. Solve problems before they have names
7. For everyone involved, be a leader of leaders
8. Share the power [i.e. share authority as well as responsibility]
9. Make the case for co-leaders
10. Create leaders at every level
NOTE: Noel Tichy has a great deal of value to say about #10 in The Leadership Engine. I also highly recommend Bennis and Goldsmith's Learning to Lead. If massive organizational transformation is required, I recommend O'Toole's Leading Change and Katzenbach's Real Change Leaders.
In his Postscript, Bennis discusses the importance of authenticity. Without it, there can be no mutual trust and respect, nor cooperation (much less what Bennis calls "creative collaboration"), nor any possibility of completing the transition to the New Trade. "Tomorrow's organizations will be federations, networks, clusters, cross-functional teams, temporary systems, ad hoc task forces, lattices, modules, matrices -- almost anything but pyramids. An organizations can become and then remain "authentic" only to the extent that its people (especially its leaders) are "authentic." The structures of the future may be temporary but certain basic values must remain constant. The components of a new paradigm suggest what these non-negotiable values are: focus on quality, service, and the customer; collaboration and unification; nurturing interdependence; respecting, honoring, and leveraging diversity; continuous learning and constant innovation; [at least for larger organizations] being globally competitive; and finally, having a much broader focus: "My community, my society, my world." If your own organization lacks these values now, and does nothing to invest itself with them, it has no authenticiuty...and frankly, no future.
Used price: $13.57
His unique, but successful, techniques at time agree with, and at times flies in the face of, McGregor, classical management theorists, and others who have studied management, communications and human resources.
In chapters entitled, "A Higher Cause", "Trust Your Instincts", "Destroy the Hierarchy", "A Simple Stake in the Business", "The Virtues of Smallness", "Ethic Over Politics", and others Mr. Iverson relates how you too, if you are willing to work hard enough at it, can "turn a confused, tired old company on the brink of bankruptcy into a star player...", while learning that "many of the so-called 'necessary evils' of life in corporate America are, in fact, not necessary".
The higher up the manager (there are four layers including CEO), the higher the proportion of of paycut during down times.
Has simple effective metrics to monitor the health of each decentralized unit (half a dozen including sales, productivity, expenses).
A good mechanism to set goal and measure performance for a business generating tangible goods. Not sure how this could be applied to more intangible value added activities such as IT and software engineering
List price: $16.00 (that's 30% off!)
Used price: $5.56
Buy one from zShops for: $7.45
In Leveraging People and Profit the authors introduce a new term, altrupreneur. Altrupreneur is defined as one who conducts the affairs of an enterprise with conspicuous regard for the welfare of others. The altrupeneur is not one who acts only for the welfare of others, but one who acts with awareness of others' welfare as one of his or her top priorities.
The authors go on to outline a leadership model which includes the following.
1. The very essence of leadership is you have to have a vision. It's got to be a vision you articulate clearly and forcefully on every occasion. You cannot blow an uncertain trumpet. 2. Employees want and expect leaders to set direction and determine the business focus. Leaders are relying more on the power of influence than of command and control. 3. To be credible as a leader, you must first clarify your own values, translate them into a set of guiding principles, a credo, that you can communicate to the people you hope to lead. These overaching values help employees make decisions consistent with the aspirations of the company. 4. A leader must earn the trust of those he/she expects to lead. 5. Establish a mutual service compact which helps people understand where they fit in the value chain, aligns recognition programs to reward organizational successes, establishes training and personal development programs to reinforce continuous improvement, develops a communicaiton plan to ensure every employee understands values and vision and allocates resources to support improvment initiatives.
When an organization is energized by a vision that draws out the best efforts of all stakeholders in a positive and mutually beneficial context, there is virtually no limit to what is possible. Human creativity is not maximized until it is challenged by the impossible.
List price: $17.50 (that's 30% off!)
Used price: $1.88
Buy one from zShops for: $4.50
Particularly interesting is the author's take on Daniel Ellsberg of Pentagon Papers fame and former Secretary of Defense Robert McNamara. Politics aside, Ellsberg exhibited true leadership, Bennis contends, when he morphed from "loyal insider to defiant outsider, from organization man to prison-risking dissident." McNamara, on the other hand, may have become equally disillusioned with the war effort in Vietnam, yet he succumbed to organizational pressures and continued to manage as best he could. Bennis, you might have guessed by now, loathes government bureaucracies and other large organizations - this story tips the iceberg on this and several other Bennis themes, like risk taking.
Bennis bounces around from politics (both left and right), business, and sports to effectively communicate some very powerful messages. The core competencies of leadership apply not only to individuals but also to groups - "few great accomplishments are ever the work of a single individual." And who can argue - witness the Manhattan Project, Lockheed's Skunk Works, and even the Los Angeles Lakers. The ten principles of great groups is a must read for any working professional. The book is especially useful, however, for leaders and managers aspiring to be more effective leaders; I highly recommend it.
As a companion to this must-have book, I recommend a couple that I recently read and use extensively (even though they advance leadership from a different angle): the original "Seven Habits" and the newer "The Leader's Guide: 15 Essential Skills."
The touchstone of the work is the formula: effective leadership equals attributes x results. This is a thoughtful work that primarily probes the "results" side of this equation.
The emphasis on results is a refreshing change of pace from the garden-variety leadership publication. For anyone searching for a work of substance on a subject of supreme import-leadership-this is a book worthy of your attention. Reviewed by Yvette Borcia, Managing Partner, Stern & Associates, co-author of Stern's Sourcefinder: The Master Directory to HR and Business Management Information & Resources, Stern's CyberSpace SourceFinder, and Stern's Compensation and Benefits SourceFinder.
Dr. Michael Beitler
Author of "Strategic Organizational Change"