Executives are afraid of losing control if subordinates try to roam too far. Conversely, hierarchy squelches talent by forcing rote standardization through the punishment of failure, a necessary accompaniment to experimentation.

In my teaching and consulting practice, I encourage people to learn to experiment with confidence and to see themselves as scientists in the laboratory of their lives, continually trying new ways to pursue what matters most to them and to the people who depend on them. Smart, small wins are crucial to this approach, as is devoting time and attention to reflecting on what works and what doesn't.

If you're searching for "work/life balance" you'll always be disappointed because "balance" connotes a zero-sum equation.

You really can choose to be the leader you want to be, in all parts of your life, if you take seriously the idea that there's a purpose to your life worth pursuing because it matters not just to you but to others. Consciously and deliberating devoting effort to realizing this idea is ennobling, though never without some struggle.

People of all ages, but especially young people, require work that as meaning, or social value. Since they're not getting the kind of long-term guarantees of yore, they're willing to job hop to find the right fit.

The really good news is that when you give people the tools and the support to pursue what I call "four-way wins" - that is, improved performance in all parts of life - they are actually much likely to achieve these wins and, through the process, develop further their leadership skills.

Firms that fully embrace the needs and interests of the whole person will win today's competition for the best talent.