Episode #759 - A New Vision For Leadership In Business with Bill George
January 31, 2024
This week on the Million Dollar Mastermind podcast, host Larry Weidel is joined by Bill George, an Executive Fellow at Harvard Business School and Author of the True North book. He was a Professor of Management Practice and Senior Fellow at Harvard, teaching leadership from 2004-2022.
Bill is the former Chairman and Chief Executive Officer of Medtronic, which he joined in 1989 as President and Chief Operating Officer. Earlier in his career, he was a senior executive with Honeywell and Litton Industries and served in the U.S. Department of Defense.
In 2014, the Franklin Institute awarded Bill the Bower Award for Business Leadership. He was named one of the Top 25 Business Leaders of the Past 25 Years by PBS, Executive of the Year 2001 by the Academy of Management, and Director of the Year 2001-02 by the National Association of Corporate Directors.
This week on the Million Dollar Mastermind podcast, host Larry Weidel is joined by Bill George, an Executive Fellow at Harvard Business School and Author of the True North book. He was a Professor of Management Practice and Senior Fellow at Harvard, teaching leadership from 2004-2022.
In this episode, Larry and Bill discuss the major difference between managers and leaders in the military and corporate sectors. They criticize the overabundance of management, which leads to bureaucracy and stagnation. An issue that can be seen in large organizations like GE and Boeing. Bill stresses the importance of authentic leadership and the pitfalls of focusing on short-term gains, especially with regard to cutting R&D investments. They also explore Bill's concept of "True North," highlighting the need to stay true to one's values and principles in leadership roles.
In this episode, Larry and Bill discuss the major difference between managers and leaders in the military and corporate sectors. They criticize the overabundance of management, which leads to bureaucracy and stagnation. An issue that can be seen in large organizations like GE and Boeing. Bill stresses the importance of authentic leadership and the pitfalls of focusing on short-term gains, especially with regard to cutting R&D investments. They also explore Bill's concept of "True North," highlighting the need to stay true to one's values and principles in leadership roles.
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