Original + Unique = Risk = Some failure

conference-tableBy now, you know that the Sunday NY Times Corner Office series is oft-quoted here to highlight varying aspects of leadership that flow from Adam Bryant’s conversations with notable CEOs and business leaders.

This week he interviewed Jeffrey Katzenberg, CEO of Dreamworks Animation SKG.

Perhaps Katzenberg inhabits an industry that is prone to more risk than others …  but I doubt it. I agree with his equation, too, because if you’re not original and unique … and if you don’t make failure  acceptable, no one will take the risks that ensure that your value proposition is fresh and creative. He believes that showing your employees that they’re expected to take risks is the single most important quality of an organization.

Katzenberg also stresses that the most important aspect of leadership is earning respect … not getting respect. (more…)

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Read more about the article Not that I told you so … redux!

Not that I told you so … redux!

recession-chartRemember this line? “There is strong and mounting evidence that the recovery act is putting people back to work,” a statement Vice President Joseph R. Biden Jr. made at a recent news conference in Washington.

In a recent post, Not that I told you so, I lamented the woeful results of the stimulus, and the lack of job creation results. Of course, today produced another painful reminder of this truth … that unemployment reached 10.2%, exceeding 10% for the first time since 1983!

In Where’s the Stimulus, I reported that while corporate profits were boosting the market, revenues for those same companies have fallen far more than the amount of the stimulus. While profits help fuel job growth and give companies some headroom to make those decisions, the lack of revenue growth eviscerates any need to rebuild your talent pool.

There is more evidence that the pols in Washington have no clue about how to stimulate job creation, (more…)

Continue ReadingNot that I told you so … redux!