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Published: 10/25/2013
I am an introvert; INTJ for those who admire Myers-Briggs indicators. I remember being particularly pleased a few years ago when I read a Harvard Business Review article that extolled the virtues of introverts as effective leaders. The article stated conventional wisdom and a decade of academic research concluded that extroverts make the best leaders. However, the article continued with an experiment with college students folding T-shirts. Groups with proactive followers and an introverted leader folded on average 28-percent more T-shirts. That made me feel good.
Recently, a blog posting in the Business Management Daily talked about Donald Keough, the former president of Coca-Cola. He, like many senior executives, made clear-cut decisions, even if he sometimes was too snappy in his judgments. In 1989, soon after the Berlin Wall came down, he was approached by the head of German operations with a proposal to build a $500 million bottling facility in the former East Germany. Keough decided on the spot that the investment was too high and cut the proposal short. Soon after, Keough was informed that the head of German operations wanted to resign; he felt slighted by Keough because his proposal did not receive a fair evaluation.
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Duly chastised, Keough agreed to visit East Germany and reconsider the proposal. Subsequently, he decided to invest $1 billion in East Germany and Eastern Europe facilities. This investment ended up with huge profits for Coca-Cola.
Keough had learned a key component of the Baldrige Criteria for Performance Excellence requirements for effective senior leadership: frank, two-way communication.
Closely related to this communication is participation in the development of future organizational leaders, which requires open communication. The Baldrige Criteria strategic planning category asks about your process for identifying potential blind spots and strategic opportunities. Keough was fortunate that his being chastised led to the implementation of a significant strategic opportunity. But was this the best process for getting there?
To see what else role-model senior leaders should consider, see item 1.1 on senior leadership in the Baldrige Criteria. How do your senior leaders or you as a senior leader measure up?
First published Oct. 24, 2013, on Blogrige.
Links:
[1] http://www.myersbriggs.org/my-mbti-personality-type/mbti-basics/
[2] http://hbr.org/2010/12/the-hidden-advantages-of-quiet-bosses/ar/1
[4] http://www.businessmanagementdaily.com/33537/think-you-know-it-all-think-again#_
[5] http://www.nist.gov/baldrige/publications/business_nonprofit_criteria.cfm
[6] http://www.nist.gov/baldrige/publications/purchase_criteria.cfm
[7] http://nistbaldrige.blogs.govdelivery.com/2013/10/24/i-admit-it-i-am-an-introvert/