Courage: The Key to Leadership
This presentation is all about the need for leaders to face reality and deal with it. That requires tremendous courage.
We begin with detailed discussions of Kodak, Nokia, and Fiat and how each of these companies have gotten to or are getting close to bankruptcy because the leadership did not have the courage to face reality and make some very tough decisions. We also discuss IBM, Apple, and Porsche, where each of these companies was saved by a strong leader that was inserted (or returned in the case of Apple) at the eleventh hour.
We go into details about several other companies such as Canon, BP, Bayer and Hyundai and review the power of properly communicating with the troops about reality and taking action, putting fresh talent in key jobs, and how to create a culture that consistently tackles the future rather than being run over by it.