What makes great leadership? More importantly, what makes great leadership sustainable?
A panel of experts kicked that topic around for a while this afternoon during the lunch break Tuesday at the 2010 World Business Forum. Compelling topics, to be sure, and the team at MWW Group assembled an equally compelling panel that did it justice.
David Gergen. Advisor to four presidents. Editor at U.S. News & World Report.
Arkadi Kuhlmann. President of ING DIRECT USA. Author of a soon-to-be-published book on values-driven leadership.
Jim Quigley. CEO of Deloitte Touche Tohmatsu. Leader of a world-renowned consulting firm that today was named the leader in its field.
And Michael W. Kempner. President and founder of MWW Group. A classic entrepreneur who has built one of the nation’s leading PR firms.
In short, these guys know the topic and it was great to hear them strut it over the course of an hour. I’ve transcribed some snippets below, but to get the full experience, stop by www.mww.com and dial up the video of the session, which is archived on the Web site.
Kempner started things off with introductions, and then set the stage with some salient comments. “What do we need from our leaders to maintain the quality of life for citizens and employees, and to sustain greatness among our companies,” he asked. “What we have to do as organizations to keep up and compete in these extraordinary times? No one expected these challenges. No one would have anticipated this recessionary economy or the true impact of globalization, the shift to knowledge-based economy and speed of change. The only thing we know for certain is that change will continue.”
Kempner then asked the panelists to define leadership, and Kuhlman set the bar. “Leadership takes doubt out of the situation,” he said. “Leadership can eliminate doubt by being authentic, galvanizing emotions and having a vision that people can aspire to. People have a huge hunger for this – they’re looking forward it across the board.
“The questions become, how well can you articulate your values? Who you stand for and what you stand for? That’s what’s critically important, as it constantly resonates with people you work with. “
Added Quigley: “Sustainable leadership is leadership that works through the entire business cycle. It’s effective when you are rebooting your company and sustainable going forward. Leadership that’s all about this month’s numbers is not sustainable. “
Quigley talked at some length about values-based leadership, which is based on “sound principles that become timeless.” In it, leaders actually walk the talk and make people want to become part of the enterprise. That’s what people are looking for – belief in their leader.”
Kempner’s next question: What are the greatest challenges facing this generation of leadership?
Quigley: “It’s all about the people side of the equation. Leaders have to collaborate and communicate. And play ball. They have to have the ability to create teams and interact.”
Gergen: “Reputation for excellence matters. It’s about trust and continual refreshing of what you’re doing. Without that, it’s easy to be seen as yesterday.”
Kuhlmann: “The gap between what you say and what you do is much shorter than it was, in large part due to social media. The alignment of what you say and what you do is absolutely critical. It’s the only way to get through the noise and support a brand. And the most effective way to do this is to get on the side of the consumer through social media.”
Kempner wrapped things up with one final question. What are the skills necessary for a 21st Century leader.?
Gergen: “Trust and capacity to inspire others. Leaders have to lead beyond their own boundaries.”
Kuhlmann: “Be authentic. Have a willingness to commit and become vulnerable. Accept notion that you are vulnerable and risk failure.”
Quigley: “Trust, authenticity and nimbleness. Leadership and corporate reputation is linked together. The CEO must be the keeper of the flame.”
bsilver MWW Group Deloitte Touche Tohmatsu, ING Direct, Leadership, World Business Forum