How "humble leadership" can boost engagement
London Business School professor Daniel M Cable argued in the FT recently that authoritarian leadership models are out, and humility is the way forward. He argues: "for true power, leaders need to listen and give others a chance to explore, experiment and improve things without fear of reprisal ... Get this right, and you will have a workforce where people think like owners, and are willing to work hard and work smart to make the organisation’s vision become reality."
This is a challenge to some of the more traditional curricula offered by business schools where the focus is on disseminating research informed knowledge and teaching sophisticated methods of analysis. Professor McCabe advocates that business schools "should arm their graduates with the confidence to fail and the self-assuredness to encourage those they lead to do so too. Either learn how to fail or fail to learn." We wonder if this applies to exams.
Long-serving female CEO departs PepsiCo
Indra Nooyi announced on Monday that she will be stepping down from her role as CEO of PepsiCo. Nooyi is a formidable figure who said in her announcement: "Growing up in India, I never imagined I’d have the opportunity to lead such an extraordinary company."
And yet her 12 years at the helm were characterised by excellent performance, with the firm's presiding director Ian Cook adding to the announcement: "As CEO, she grew revenue more than 80%, outperforming our peers and adding a new billion-dollar brand almost every other year. And shareholders have benefited: $1,000 invested in PepsiCo in 2006 is worth more than two-and-a-half times that amount today.”
Her departure is not only a loss for PepsiCo but actually impacts the % of female CEOs of the Fortune 500, reducing it from 4.8% to 4.6%, with only 23 female CEOs, it makes a very small percentage even smaller.
NFL Recruits Male Cheerleaders
Two NFL teams have recruited the league's first-ever male cheerleaders - three chaps who are set to make their debuts in pre-season games this week. This represents a welcome and highly visible challenge to the gender stereotypic image of the traditional NFL cheerleader and makes us wonder what other roles will soon be similarly challenged.