LEADERSHIP
PRIORITIES
By
Lee M. Ozley
January, 2011
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Over forty years of experience
with more than 150 organizations in North America and Europe have
provided me with clarity on what the priorities of organizational
leaders (union and management alike) should be.
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Priority
One: providing a
satisfactory return on the
investment that the owners of the business have made.
After all, it’s their money! What’s to keep the
investors from taking the money and investing it somewhere else? Then where would
we be.
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Priority Two: produce
and deliver products and/or services that people are willing
to buy.
Without the customer, we have no business!
We must provide products and/or services that are perceived
to be worth their cost. If not, the customers will go somewhere
else!
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Priority Three: take care of the needs of the people
who do the work of the business. Organizational leaders seldom,
if ever, produce and deliver the product/service of the business.
Without the dedicated, consistent, and committed efforts of employees
there is no way we can accomplish Priority One and Two! It’s
that simple! However, it takes dedicated effort on the part of
organizational leaders to create and maintain such a work environment.
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Priority Four (LASTLY): take care of the
needs of the leadership (themselves) only
after the first three priorities have been
and are consistently being met.
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Too
many of today’s leaders have reversed this priority
list and made their own self- aggrandizement – perks,
money, power,
status, etc. - their top priority. Fortunately,
more and more often these leaders are
receiving their appropriate reward – being asked to ‘seek employment
elsewhere’. My hope is that this reward for misaligned priorities will
occur more frequently, quickly, and irrevocably.
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| Examples include the exorbitant
bonuses paid to Wall Street employees in the face of mortgage foreclosures,
declining employment, severely reduced business volumes and profits
for other businesses. Many pundits suggest that Wall Street practices
were a major contributor to our most recent recession.
The most poignant example occurred some
twenty years ago with one of my
clients. I was meeting with the CEO of a large, domestic steel
company in
my role as his coach. We were meeting aboard his brand new Gulfstream
executive jet. He was about to embark on only his third trip
in the new
aircraft.
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We were meeting on his aircraft for two reasons.
First, his very busy and
tight schedule. Secondly, the topic under discussion was extremely
confidential and we wanted to ensure that the word did not leak out.
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| In the course of our conversation
sitting on his airplane at the business jet
area of a major US city airport, the on-board telephone rang and
he
answered the call. The caller was representative from Gulfstream
who had
sold him his new airplane. |
The Gulfstream rep was reporting that he had just gotten
off the telephone with the CEO of another major domestic steel
producer,
headquartered in the same city, who called him to order a new
Gulfstream for himself. The Gulfstream rep related that buyer
#2 wanted to
know exactly what type aircraft my client had bought so that
he could order
a ‘better’ aircraft. Buyer#2 had said “I’ve
got to make sure that I have a bigger and better airplane than
Joe (my client) has because it wouldn’t look good
for him to have a nicer airplane than I have.”
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In addition to the obvious monetary value of high
salaries and perks, it
seems that it is very important to “one up” other
executives regardless of
the economic performance of the organization. What an expensive
and, in
my view, inappropriate cost for ‘ego gratification’.
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It
is my hope that those who occupy leadership positions in both
business and union organizations will align their
personal priorities as discussed above. Until leaders demonstrate in all their
actions and behaviors these
priorities, I’m convinced we ‘can’t get there from here’.
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