Monday, March 7, 2016

Great Leadership - Allow yourself to be Persuaded

In his book "Persuadable",  Al Pittampalli talks about how great Leaders are those who are open to listening to others' opinion and allow themselves to be Persuaded.

Alan Mulally, the vaunted CEO who saved Ford Motor Company, is, for example, exceptionally skeptical of his own opinions. Ray Dalio, one of the world’s most successful hedge fund managers, insists that his team ruthlessly second-guess his thinking. Christine Lagarde, managing director of the IMF, seeks out information that might disprove her beliefs about the world and herself. One Nobel Prize-winning scientist discovered the cause of ulcers by bravely doubting his own entrenched beliefs.

In 1971, Phil Knight the founder of Nike favored "Dimension Six," as the name of his company but his 45 employees thankfully laughed that one down. Then Jeff Johnson, '63, a fellow running geek, proposed a name that came to him in a dream: Nike, for the Greek winged goddess of victory. The company paid $35 to commission a new logo--a fat checkmark dubbed a "swoosh"--and the new shoe debuted at the 1972 Olympic trials in Eugene, Ore. src Stanford - The Force Behind the Nike Empire

In our increasingly complex world, these leaders have realized that it is impossible to have all the answers and the ability to consider emerging evidence and change their minds accordingly provides extraordinary advantages.

In his book he also quotes Bezos "People who are right change their minds a lot. You need to have ideas tomorrow that contradicts ideas you have today".

Read the book

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