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12.10.07

5 Leadership Lessons: Great Advice from Accidental CEO, David Novak

5 Leadership Lessons

While Yum Brands chairman and CEO David Novak calls himself an accidental CEO, his rise to the top, while perhaps not planned, was no accident. His advancement speaks to the power of right choices made throughout life based on the knowledge gained from cultivating lessons from life and seeking out advice. His memoir, The Education of an Accidental CEO, is written in the first person and full of advice that we can all gain from reading. Nothing here is earth-shaking or new, but it is helpful to see the successful working of these principles in the life of someone who took them to heart. Here are a few of the lessons we can take away:

1  I don’t think as a leader that you just go tell people to do something. I believe you plant the seeds and share with them what you know and let them draw their own conclusions—which may even be better than your own.

2  One thing I’ve learned over the years is that you never get promoted until most people in your company can already see you in the position. [Former chairman of PepsiCo, Wayne Calloway], took me aside and said to me, “David, I have no doubt that one day you are going to end up running something. So why don’t you just focus on what you need to do today in order to be ready when you get there.”

3  I can’t stress enough the essential nature of really hearing what someone has to say even if it is totally contradictory to your own beliefs….It’s something that I have to constantly remind myself of, and others, to do to this day. [Coach Wooden told him], “Most leaders have enough ego as it is, so you don’t need anyone around to inflate it any further.
Education of an Accidental CEO
Have strong, opinionated people working for you.”

4  One of the greatest failures to execute is the lack of follow-up. This seems obvious, yet very few companies place as much emphasis on accountability as they do on figuring out what they want to get done.

5  Self discovery is the key to learning, whether it’s learning how to do something new or better or learning something about yourself. You can tell the same thing to people a thousand times, but they don’t really own it until they discover it for themselves.

Posted by Michael McKinney at 10:55 AM
| Comments (0) | Books , Five Lessons



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