You may not have heard of Ozzie and Daniel Silna, brothers who made their fortune in the textile industry in New York in the 1960s and 70s, but this story of negotiation is a great one, and there are plenty of lessons to take from it.
By 2014 the Silna brothers had earned over $300,000,000 from the NBA despite never having played a game or indeed never having owned an NBA franchise. How they did it is a tale of planning, foresight and resilience to rival the very best commercial negotiations ever.
good or bad, the example you set will be followed…
even the most sophisticated studies and investigations have yet to make leadership, and its development, more science than art. The four ‘Cs’ – competence, character, creativity, and charisma remain difficult qualities to quantify, let alone cultivate. Growing effective leaders is challenging work.
As a wise friend of mine once said…
“you have two ears and one mouth for a reason!”
Leadership frequently conjures images of someone speaking in front of the podium, or at the very least, in front of their team. It is easy to see why this image abounds however, leadership does not to be about talking others to death.
Resilience: a class of phenomena characterised by patterns of positive adaptation in the context of significant adversity or risk
Snyder & Lopez, 2002
Essentially, resilience is the ability of an individual to bounce back (or roll with the punches) from anything that life throws their way.
“All leaders are inspired by those they admire. Reading about them and studying their traits inevitably allows an inspiring leader to develop their own traits.”
Leaders, like the rest of us are all different. That’s a strength, for leaders, followers and of course, their organisations. Although leaders’ personalities will differ, there are certainly traits that they should all hold dear and spend time developing:
what am I going to do with you lot?
or…nurturing your team
“Management is about arranging and telling. Leadership is about nurturing and enhancing”
You may recall that Gerald Grosvenor, the Duke of Westminster died in August 2016. Like most people I heard of his death via the British media. He was famous for his great wealth generated through his business’s property holdings and investments. Those people who were aware of him would normally refer to him in sentences that included “he’s the richest man in England” or “he makes the Queen look poor”. For most, It was his vast wealth that defined him.
CHANGE; It’s one of the those subjects, everyone has an opinion on it, you are unlikely to meet someone who hasn’t experienced it and, of course, no one has a good word to say about it. Wether we are 18 or 80, stuck in our ways or a self titled ‘free thinker’ we just don’t do change; its irritating and unnecessary.
“whenever feasible pick your team on character, not skills. You can teach skills; you can’t teach character”
Sir Ranulph Fiennes
The more confusing the better (or ambiguity…I love it).
Clarity…it’s not terribly clear.
Whilst being in charge (ideally) requires clarity, lateral thought, creativity and a high degree of intellectual bravery, it is more often epitomised by fogginess, confusion and ambiguity. Most people will have aspired to clarity but hit the brick wall of obscuration on more than one occasion; indeed my experience suggests that the moments of clarity are only achieved by spending some time in the quagmire of confusion!
The James Bond Effect
An interesting phenomenon.
According to urbandictionary.com:
The James Bond Effect (also called 007 Effect) is a theory in propaganda and political circles, whereby the first detailed opinion/summary that someone hears or reads on a particular topic, is the one they are most likely to adopt.