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Page 1: 11 Leadership hacks from Top ceos - Amazon S3€¦ · 11 Leadership hacks from Top ceos david NeLms Former CEO of Discover ajay siNgh BaNga President and CEO of MasterCard • David

11 Leadership hacks from Top ceos

david NeLmsFormer CEO of Discover

ajay siNgh BaNgaPresident and CEO of MasterCard

• Davidspent20yearsatDiscover,14ofthemasCEO.Heoversawmorethan15,000employeesandmultiplesubsidiaries.Davidledthecompanythroughthefinancialcrisisandhelpedrebuildbyaddingnewbusinesses.DavidnowservesastheExecutiveChairoftheDiscoverboardofdirectorsandsitsonmultipleotherboards.

• “I’mbigondirectfeedbackloops.I’verequiredourofficerstolistendirectlytophonecallsnomatterwhatfunctionthey’rein,andthatcreatesanunderstandingofwhat’sgoingon,aswellasafeedbacklooptoimproveprocesses.Ialsoheldquarterlyemployeetownhalls.IgivethemliveQ&Asateveryoneofthosemeetingssoeveryemployeecanaskaquestionwithnoscreening.Thatletsmeknowwhat’soninthemindsofcustomersandemployees.”

• Ajay’scareerhastakenhimaroundtheworldwithpositionsatMasterCard,Citigroup,andNestleIndia.AtMasterCard,heoversees13,000employeeswhoservemorethan600millioncustomers.HeisavocaladvocateforbusinessrelationshipsbetweentheU.S.andIndia.HeisthechairmanoftheU.S.-IndiaBusinessCouncil.

• “Beurgentandbepatient,andembracebothcompletely.Alotofpeoplethinkthaturgencyandpatiencearecontradictory.Andtheycouldn’tbemorewrong.Youneedtobepatientenoughtolistentoeverybody,butyet,youmusthaveasenseofurgencytotakeadecisionandtoexecute.”

Page 2: 11 Leadership hacks from Top ceos - Amazon S3€¦ · 11 Leadership hacks from Top ceos david NeLms Former CEO of Discover ajay siNgh BaNga President and CEO of MasterCard • David

marissa mayerFormer CEO of Yahoo

BiLL ThomasGlobal Chairman and CEO of KPMG

arNoLd doNaLdCEO of Carnival Cruise Lines

• MarissawasanearlyemployeeatGooglebeforebecomingpresidentandCEOofYahoo.Duringhertenure,shemademajorchangestothecultureandexpandedthebusinesstonewareas.InjustfiveyearsasCEO,Yahoostockpricestripled.Marissaisregularlyonlistsofthemostinfluentialwomeninbusiness.

• “IliketohavemystaffmeetingonMondaytogetalltheupdatesandsetuptheweek.Ontheflipside,Iliketopunctuatetheendoftheweekwithanall-companymeeting,whereyoutalkaboutwhatwasgoodandbadthatweekwhileit’sstillfreshineveryone’sminds,ratherthanlettingthatqueueupforamonthoraquarter.Havinganicefrequencyofcommunicationisimportant,soIhadanend-of-weekmeetingatYahooeveryweekIwasthere.Itriedtonevermissthosemeetings.Iwouldn’texpectsomethingofsomeoneelsethatIwouldn’texpectmyself.ItrytoneverasksomeonetodosomethingIwouldn’tdo.”

• BillledKPMGgroupsforyearsbeforesteppinginasGlobalChairmanandCEO,whereheoverseesmorethan200,000globalemployees.Hismajorinitiativehasbeenimprovinginclusionanddiversitywithinthecompany.Billhasreceivednumerousawardsforleadership,includingbeingnamedaCatalystCanadaHonoursChampioninrecognitionforhisleadershipinbuildingadiverseandinclusivecultureinKPMGinCanada.

• “Itrytofindsomedifferentperspectivesandvoicesthatarepreparedtochallengemyviews,listentowhattheyaresaying,andbepreparedtochangetackifwhattheythinkismorecompellingandbetterthanmyownview.”

• ArnoldgrewupinanimpoverishedneighborhoodofNewOrleans,butovercamehiscircumstancestogetanMBAandholdexecutivebusinesspositionsatMonsantoandMerisant.CarnivalcalledArnoldoutofretirementtobeCEOasitfacedtwomajorpublicrelationscrises.SincebecomingCEOofCarnivalin2013,thecompanyhasposteditshighest-everprofits.

• “Youhavetogenuinelyconnectwithpeople.Theyhavetoknowandfeelyoureallycareaboutthem.Thosearen’ttacticsoranything,thosearejustbasictruisms.Peoplehavetoknowyou’recommitted,personally.It’snotalotofmagictoit,it’sjustrealstuff.Youcan’tfakeit.”

Page 3: 11 Leadership hacks from Top ceos - Amazon S3€¦ · 11 Leadership hacks from Top ceos david NeLms Former CEO of Discover ajay siNgh BaNga President and CEO of MasterCard • David

BerNard TysoNCEO of Kaiser Permanente

BarBara humpToNCEO of Siemens USA

huBerT joLyCEO of Best Buy (he’s stepping down in June)

• BernardhasworkedforKaiserPermanentefor34inanumberofrolesandhasbeenCEOsince2013.Kaiserisoneofthecountry’sleadingintegratedhealthplanswithanetworkofmorethan22,000physiciansand217,000employeesandisknownforitsinnovationandculture.Bernardisconsistentlyrankedasoneofthemostinfluentialpeopleinhealthcareandisinvolvedinmanyotherwellness-relatedcauses.

• “Showupasanauthenticindividualandinvitepeopletobewhotheyare.ReallyfacilitatingtheconversationstogetdifferentpointsofviewcontinuestobesomethingthatIbenefitfromalot.EspeciallywhenIfeelsostronglyaboutsomethinginaparticularway.I’velearnedalotfromgettingotherperspectivesthatthenevolvemythinking.”

• Barbarawasoneofjustafewwomeninthefieldwhensheenteredtheengineeringworldinthe1980s.HerbackgroundinoperationsandconsultinghelpsherleadSiemens’largestmarketintheworld,withmorethan50,000employeesand$23billioninannualrevenue.Hermainresponsibilitiesincludesettingandleadingthebusinessstrategyandengagement.

• “Beingunconventionalturnedouttobemybiggesthack,becauseIwasalwaysunexpected.Peoplewouldsay,‘Barb,youseemsonice.Butunderneaththatvelvetglove,there’sthisbrick.’Myhackhasbeenbeingunassuminganddisarming.There’snothingwrongwithnotpresentingyourselfasthesmartestpersonintheroom.”

• HubertleftacareerinhospitalitytorescueBestBuywhenhebecameCEOin2012.Heevolvedthetraditionalretailertothriveinthee-commerceworldandfocusedondeliveringgreatserviceandprices.BestBuy’sstocktripledinHubert’sfirstfullyearasCEOandcontinuedtogrowduringhistenure.HewasbeennamedtolistsofthebestCEOsmultipletimes.

• “Tellthetruththedowhat’sright.It’ssimple,butsoimportant.Ialsolikethequote‘Thebestleadersdon’tclimbtothetop.Theyarecarriedtothetop.’Sofocusondoinggoodworkanddoingwhat’sright.”

Page 4: 11 Leadership hacks from Top ceos - Amazon S3€¦ · 11 Leadership hacks from Top ceos david NeLms Former CEO of Discover ajay siNgh BaNga President and CEO of MasterCard • David

richard aLLisoNCEO of Domino’s

syLvia meTayerWorldwide Corporate Services of Sodexo

david NovakFormer CEO of Yum Brands

• RitchoversawDomino’sinternationalrestaurantsaspresidentofDomino’sInternationalbeforebeingpromotedtoCEOlastyear.Domino’shasmorethan400,000franchisedandcorporateemployeesandoperatesmorethan16,000storesaroundtheworld.RitchspenttheearlydecadesofhiscareeratBain.

• “Themostimportantthingislistening.Ifyou’rethefirstpersontospeak,youcanoftenshutdownalotofreallyinterestinginputandconversation.ItrytolistenandhearwhatmyteamthinksandhastosaybeforeIchimeinwithmyownopinion.”

• Sylviahasabackgroundininternationalbusiness,includingoverseeingSodexo’sInternationalLargeAccounts.Hercurrentroleincludesmanaging120,000employeesin60countriesontheirmissiontoservetheir20milliondailycustomers.SheisinvolvedingroupstosupportwomenandLGBTemployeeswithinSodexo.

• “Ithinkanythingyoucandotodelegateandempowerasmuchaspossiblewillgetyouwhereyouwanttobe.Thehackisreallytosay,‘DoIneedtodoitmyself?DoIneedtodecideitmyselforcanIdelegateitdownandgivesomebodyelsethepowertomakethatdecision?’”

• Davidistheco-founderandretiredCEOofYum!Brands,whichincludesKFC,TacoBell,andPizzaHut.Underhisleadership,thecompanydoubledthenumberofrestaurantsandquadrupleditsmarketcapitalization.Heistheauthorofmultipleleadershipbooks.

• “Ihadapillowonmybedembroideredwiththeword‘Plan’.EverynightbeforeIwenttobedIwouldthinkaboutthenextday.Justlikeanathletevisualizeshowthey’regoingtoperformandwin,Iwouldvisualizeeachmeetingandinteraction.IwaspreparedforthemeetingsandhadanoutcomethatIreallywantedtosee.Iwouldthinkthroughmywholedaythatway.SowhenIgottoworkthenextday,Iknewwhatmymeetingswere,whatIwantedastheoutcomeofeachofthosemeetings,andwhoIwashadtodealwith.Iwasreadytogo.”

Page 5: 11 Leadership hacks from Top ceos - Amazon S3€¦ · 11 Leadership hacks from Top ceos david NeLms Former CEO of Discover ajay siNgh BaNga President and CEO of MasterCard • David

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