The Leader's Checklist,10th Anniversary Edition

17 Mission-Critical Principles

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Pub Date 26 Oct 2021 | Archive Date 26 Oct 2021

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Description

Envision this scenario: An industrial manufacturer is breaking itself in three, and its board chair asks you, the chief financial officer, to step up to the helm of one of the spin-offs. You will take charge of everything, from plant operations and product marketing to human resources and governance practices. Are you ready to lead?

In The Leader's Checklist, 10th Anniversary Edition: 17 Mission-Critical Principles, world-renowned leadership expert and Wharton professor Michael Useem shows you how to lead through any challenge—and shares how ITT's Denise Ramos did just that when she encountered this situation.

In this illuminating guide, Useem offers a Leader's Checklist that will help you develop your ability to make good and timely decisions in unpredictable and stressful environments—for those moments when leadership really matters.

To illustrate the principles, Useem examines where leaders go right—and wrong. He looks at:

- How Ramos, the former CEO of ITT, turned around the once-struggling enterprise;
- How AIG's tone-deaf response to the tumultuous events of the global financial crisis left the company vulnerable to one of the greatest corporate collapses in business history; and
- How Virginia Rometty, the former executive chair of IBM, acquired and integrated a cloud-computing company to help turn around IBM's fortunes.

Based on Useem's own research experience and an array of leadership investigators, thinkers, and practitioners, The Leader's Checklist offers actionable insights you can put into practice as a leader today.

Michael Useem is the William and Jacalyn Egan Professor of Management and Faculty Director of the Center for Leadership and Change Management and McNulty Leadership Program at The Wharton School of the University of Pennsylvania. His university teaching includes MBA and executive-MBA courses on management and leadership, and he offers programs on leadership and governance for managers in the United States, Asia, Europe, and Latin America. He works on leadership development with many companies and organizations in the private, public and nonprofit sectors.

He is co-anchor for a weekly program "Leadership in Action" on SiriusXM Radio Channel 132 and co-director of the annual CEO Academy. He is the author of The Leader's Checklist, The Strategic Leader's Roadmap (with Harbir Singh), The Edge: How Ten CEOs Learned to Lead—And the Lessons for Us All, Go Long: Why Long-Term Thinking Is Your Best Short-Term Strategy (with Dennis Carey, Brian Dumaine, and Rodney Zemmel). Mastering Catastrophic Risk (with Howard Kunreuther), Fortune Makers: The Leaders Creating China's Great Global Companies (with Harbir Singh, Neng Liang, and Peter Cappelli), The India Way (with Peter Cappelli, Harbir Singh, and Jitendra Singh), and Boards That Lead (with Ram Charan and Dennis Carey).

Envision this scenario: An industrial manufacturer is breaking itself in three, and its board chair asks you, the chief financial officer, to step up to the helm of one of the spin-offs. You will...


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Featured Reviews

Michael Useem is the William and Jacalyn Egan Professor of Management and Faculty Director of the Center for Leadership and Change Management and McNulty Leadership Program at The Wharton School of the University of Pennsylvania. His university teaching includes MBA and executive-MBA courses on management and leadership, and he offers programs on leadership and governance for managers in the United States, Asia, Europe, and Latin America. He works on leadership development with many companies and organizations in the private, public and nonprofit sectors

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I am familiar with the author's work and purchased the first edition of "The Leader's Checklist" -- the advice and checklist formats with adjustments for India and China as well as for Team Leaders and Boards is really spot on with great concepts and examples. This is an easy read and can be referred to as an accessible framework for self development or if you want to coach others. I like how he talks about the importance of closing the "knowing -doing" gap -- the need to reflect, be self-aware and take action. Some of the examples he uses are fantastic and span different contexts (corporations, military, sports, etc.). Unfortunately some of the examples don't hold up well 10 years later -- J&J and its credo (talcum powder lawsuit), the Civil war "reconciliation of a nation" - now that I have learned more about what happened during reconstruction, and AIG - more than just poor decisions, also some ethical questions about business practices. Maybe adding a note that the checklist can hold up over time but there are factors beyond the checklist that influence good and bad management practices.

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Very interesting book on leadership that will provide you an opportunity to look at leadership as a framework for better organization performance. All the sixteen principles are extremely valid and well examples via real stories about leaders. My personal appreciation is for giving an idea of applications for those principles not only for corporate world but also for other business scenarios.

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I read business books like this as motivation and to get new ideas - or a reminder of ideas - and this book definitely provides this. It's a useful resource - plenty of strategies to implement and jam-packed with examples. Thanks to NetGalley for a copy of this book in exchange for an honest review.

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