Monday, January 21, 2008
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Monday, January 14, 2008
Virtual CEO Conversation - Series 1
The Story from a Business Management Guru - Peter F. Drucker
My Life as a Knowledge Worker
The leading management thinker describes seven personal experiences that taught him how to grow, change, and age.
From: Inc. Magazine, February 1997 | By: Peter F. Drucker
Further
The leading management thinker describes seven personal experiences that taught him how to grow, to change, and to age--without becoming a prisoner of the past
I was not yet 18 when, having finished high school, I left my native
THE FIRST EXPERIENCE
Taught by Verdi
The work at the export firm was terribly boring, and I learned very little. Work began at 7:30 in the morning and was over at 4 in the afternoon on weekdays and at noon on Saturdays. So I had lots of free time. Once a week I went to the opera.
On one of those evenings I went to hear an opera by the great 19th-century Italian composer, Giuseppe Verdi--the last opera he wrote, Falstaff. It has now become one of Verdi's most popular operas, but it was rarely performed then. Both singers and audiences thought it too difficult. I was totally overwhelmed by it. Although I had heard a great many operas, I had never heard anything like that. I have never forgotten the impression that evening made on me.
When I made a study, I found that this opera, with its gaiety, its zest for life, and its incredible vitality, was written by a man of 80! To me 80 was an incredible age. Then I read what Verdi himself had written when he was asked why, at that age, when he was already a famous man and considered one of the foremost opera composers of his century, he had taken on the hard work of writing one more opera, and an exceedingly demanding one. "All my life as a musician," he wrote, "I have striven for perfection. It has always eluded me. I surely had an obligation to make one more try."
I have never forgotten those words--they made an indelible impression on me. When he was 18 Verdi was already a seasoned musician. I had no idea what I would become, except that I knew by that time that I was unlikely to be a success exporting cotton textiles. But I resolved that whatever my life's work would be, Verdi's words would be my lodestar. I resolved that if I ever reached an advanced age, I would not give up but would keep on. In the meantime I would strive for perfection, even though, as I well knew, it would surely always elude me.
THE SECOND EXPERIENCE
Taught by Phidias
It was at about this same time, and also in
"You are wrong," Phidias retorted. "The gods can see them." I read this, as I remember, shortly after I had listened to Falstaff, and it hit me hard. I have not always lived up to it. I have done many things that I hope the gods will not notice, but I have always known that one has to strive for perfection even if only the gods notice.
THE THIRD EXPERIENCE
Taught by Journalism
A few years later I moved to
The newspaper I worked for came out in the afternoon. We began work at 6 in the morning and finished by a quarter past 2 in the afternoon, when the last edition went to press. So I began to force myself to study afternoons and evenings: international relations and international law; the history of social and legal institutions; finance; and so on. Gradually, I developed a system. I still adhere to it. Every three or four years I pick a new subject. It may be Japanese art; it may be economics. Three years of study are by no means enough to master a subject, but they are enough to understand it. So for more than 60 years I have kept on studying one subject at a time. That not only has given me a substantial fund of knowledge. It has also forced me to be open to new disciplines and new approaches and new methods--for every one of the subjects I have studied makes different assumptions and employs a different methodology.
THE FOURTH EXPERIENCE
Taught by an Editor-in-Chief
The next experience to report in this story of keeping myself intellectually alive and growing is something that was taught by an editor-in-chief, one of
The editor-in-chief, then around 50, took infinite pains to train and discipline his young crew. He discussed with each of us every week the work we had done. Twice a year, right after New Year's and then again before summer vacations began in June, we would spend a Saturday afternoon and all of Sunday discussing our work over the preceding six months. The editor would always start out with the things we had done well. Then he would proceed to the things we had tried to do well. Next he reviewed the things where we had not tried hard enough. And finally, he would subject us to a scathing critique of the things we had done badly or had failed to do. The last two hours of that session would then serve as a projection of our work for the next six months: What were the things on which we should concentrate? What were the things we should improve? What were the things each of us needed to learn? And a week later each of us was expected to submit to the editor-in-chief our new program of work and learning for the next six months. I tremendously enjoyed the sessions, but I forgot them as soon as I left the paper.
Almost 10 years later, after I had come to the
THE FIFTH EXPERIENCE
Taught by a Senior Partner
My next learning experience came a few years after my experience on the newspaper. From Frankfurt I moved to
And then the old gentlemen said, "I understand you did very good securities analysis at the insurance company. But if we had wanted you to do securities-analysis work, we would have left you where you were. You are now the executive secretary to the partners, yet you continue to do securities analysis. What should you be doing now, to be effective in your new job?" I was furious, but still I realized that the old man was right. I totally changed my behavior and my work. Since then, when I have a new assignment, I ask myself the question, "What do I need to do, now that I have a new assignment, to be effective?" Every time, it is something different. Discovering what it is requires concentration on the things that are crucial to the new challenge, the new job, the new task.
THE SIXTH EXPERIENCE
Taught by the Jesuits and the Calvinists
Quite a few years later, around 1945, after I had moved from
Whenever a Jesuit priest or a Calvinist pastor does anything of significance--making a key decision, for instance--he is expected to write down what results he anticipates. Nine months later he traces back from the actual results to those anticipations. That very soon shows him what he did well and what his strengths are. It also shows him what he has to learn and what habits he has to change. Finally, it shows him what he has no gift for and cannot do well. I have followed that method for myself now for 50 years. It brings out what one's strengths are--and that is the most important thing an individual can know about himself or herself. It brings out areas where improvement is needed and suggests what kind of improvement is needed. Finally, it brings out things an individual cannot do and therefore should not even try to do. To know one's strengths, to know how to improve them, and to know what one cannot do--they are the keys to continuous learning.
THE SEVENTH EXPERIENCE
Taught by Schumpeter
One more experience, and then I am through with the story of my personal development. At Christmas 1949, when I had just begun to teach management at
In 1902 my father was a very young civil servant in the Austrian Ministry of Finance, but he also did some teaching in economics at the university. Thus he had come to know Schumpeter, who was then, at age 19, the most brilliant of the young students. Two more-different people are hard to imagine: Schumpeter was flamboyant, arrogant, abrasive, and vain; my father was quiet, the soul of courtesy, and modest to the point of being self-effacing. Still, the two became fast friends and remained fast friends.
By 1949 Schumpeter had become a very different person. In his last year of teaching at Harvard, he was at the peak of his fame. The two old men had a wonderful time together, reminiscing about the old days. Suddenly, my father asked with a chuckle, "Joseph, do you still talk about what you want to be remembered for?" Schumpeter broke out in loud laughter. For Schumpeter was notorious for having said, when he was 30 or so and had published the first two of his great economics books, that what he really wanted to be remembered for was having been "Europe's greatest lover of beautiful women and
He must have seen an amazed look on my father's face, because he continued, "You know, Adolph, I have now reached the age where I know that being remembered for books and theories is not enough. One does not make a difference unless it is a difference in the lives of people." One reason my father had gone to see Schumpeter was that it was known that the economist was very sick and would not live long. Schumpeter died five days after we visited him.
I have never forgotten that conversation. I learned from it three things: First, one has to ask oneself what one wants to be remembered for. Second, that should change. It should change both with one's own maturity and with changes in the world. Finally, one thing worth being remembered for is the difference one makes in the lives of people.
I am telling this long story for a simple reason. All the people I know who have managed to remain effective during a long life have learned pretty much the same things I learned. That applies to effective business executives and to scholars, to top-ranking military people and to first-rate physicians, to teachers and to artists. Whenever I work with a person, I try to find out to what the individual attributes his or her success. I am invariably told stories that are remarkably like mine.
Adapted from Drucker on
Definition: Leadership from Tun Dr. Mahathir
Offering a few pointers
PUTRAJAYA: Aspiring leaders who resort to unethical ways and even violence should be rejected outright, says Tun Dr Mahathir Mohamad.
The former Prime Minister said anyone wanting to be a leader could try to acquire the right qualities but may not succeed.
| |
»A leader must know how to make his ideas become reality« TUN DR MAHATHIR MOHAMAD |
“How he handles his failure will demonstrate whether he really has the qualities,” Dr Mahathir told an undergraduate conference here yesterday.
“There are perhaps a 1,000 people in Malaysia with good leadership qualities but they are never going to make it simply because the circumstances are not propitious,” he said.
On the other hand, he said, there may be people with poor leadership qualities who may become leaders because leadership is thrust upon them.
The seven attributes of a good leader, Dr Mahathir said, were:
> A good leader may not be humble but at least he should not be boastful.
> He must be prepared to accept responsibilities but should not be too pushy and insistent on taking the lead.
> He should not seek to blame others for failures but to admit his own culpability. He should not point fingers or seek scapegoats.
> He should be modest and not seek praise and glory.
> He should know how to handle his followers as much as his superiors. He must be sensitive to the sensitivities of others.
> He should be willing to do what he expects others to do. He should uphold the slogan of leadership by example.
> He should be learned and more intelligent at least by comparison to the people he leads.
Dr Mahathir said a leader must know how to make his ideas become reality.
He said a leader must be aware of the needs and desires of his people, to evaluate them, to direct them in the proper direction, and to plan and execute together with his followers the objectives successfully.
He said the rise of great nations was invariably due to good leadership.
“When the leaders are incompetent, the countries would fall. The people may be the same, the background and the wealth and resources may be the same, but when leaders are incompetent or just plain bad, then great nations, even great empires can fall,” said Dr Mahathir, who was prime minister for 22 years. – Bernama
Source: http://www.thestar.com.my/news/story.asp?file=/2008/1/14/nation/19999516&sec=nation
