Wal-Mart, with its legendary focus on customer value in terms of price, is innovating in sustainability. Now, we're beginning to see the mirror image, a convergence, as the not-for-profit sector is beginning to serve more effectively by applying private sector accountability and efficiencies to social needs. This reflects a rising recognition that to serve others best requires more than good intentions; it mandates a focus on real-world results. Bill Gates and Warren Buffett are among the most conspicuous advocates and representatives of this transformation.
James M StrockWilliam Ewart Gladstone is credited with the credo that a prime minister must be a "good butcher." The metaphor is apt insofar as the root of the word "decision" is "to cut."
James M StrockAny gathering of people requires leadership to cohere, to achieve its potential contribution. What is not needed is a "boss" of yore, directing everyone else's efforts toward "the one best way."
James M StrockIf leadership is, fundamentally, about serving others, then any one person should be able to move between being a "leader" and a "follower."
James M StrockPresident-elect John F.Kennedy said to Robert McNamara that there's no school for presidents, or, for that matter, for secretaries of defense.
James M StrockSome critics have suggested that Ronald Reagan succeeded in a series of careers, ultimately as a two-term president of the United States, by a series of fortunate accidents. Such a criticism is not backed by the evidence. It is true, though, that Reagan's approach to work and life was not conventional.
James M Strock