So, Simon Sinek decides to publish yet another book about Leadership. No Wonder! His last book - Leaders Eat Last is an epic.
His stories reminded of moral science stories that were told over and over again in our childhood. To push us down the path of morality, ethics etc...
But there is a stark difference between his previous works and this one, though the content remains the same i.e. Leadership and Professional Ethics! His examples used to be extremely well picked, and apt for the concept being discussed, but this book they seem to be repetitive and almost the same examples were repeated over and over. In his previous books a concept previously discussed was never repeated in another chapter, if it was repeated it was done through an example in a diverse field i.e. he got examples from biology, neurology and other to complement professional behavior. But in this book such an attempt was not made. It is extremely clear that the book is a half-baked attempt to publish a book for the sake of publishing it. This is unlike Simon Sinek, for someone who preaches so much conviction and integrity to get one through the publisher and through the audience.
Also, the Finite and Infinite Mindset for corp orates is not his original concept. It is directly taken from Carol Dweck's Mindset book - In which she talks about individuals with fixed mindset vs individuals with growth mindset and also talks about organizations with fixed vs growth mindset. I don't understand how Simon Sinek claims it for his own, when she has done so much about it.
But, the books seems to miss the scientific rigor that Simon often brings to these discussions, there is now no science or logic behind this except berating a few leaders and their companies and their strategies.
Though the concept of Infinite Game and Playing for the sake or playing while protecting the environment hold true, but they are not really as original as his other ideas. This entire book seems to be a derived work.
One area of the book that stood out in stark contrast is when the author talks about his rivalry with another author, albeit a self-imposed competition. Nonetheless, the author goes on to reveal his kryptonite in Adam Grant, but what is interesting is that - This has also been discussed at length by another author by name, Joshua Wolf in his book - Powers of Two.
Thus, most of his concepts have already been discusses at length by many other author, when he talks about Navratilova and Lloyd, this example has also been discussed so many times that it has become trite! Thus, it is safe to assume that Simon Sinek is losing his charm!
But there is some value addition from the book - Yet, again it is useful for leaders - There is another book with a similar context about grooming leaders - "What got you here won't get you there".
The book also adds value, by correctly identifing the parasitic nature of Wall Street, this would the second book that I have read in a week, that identifies the toxic nature of Wall Street and its impact on the immediate and NOW greed vs the long and sustaining greed as preached by the Prudent Capitalists. Wall Street is just a growth lusty and growth greedy, demon preying on all the companies at its sight. Any public company that falls prey to Wall Street will likely live under a constant threat of share price blackmailing!
Here is a list of books that the author has mentioned in this work:
Books:
Finite and infinite games - a vision of life as play and possibility.
James p carse
Built to last
Good to great
Wealth of nations
The shareholder value myth
Dare to lead
Winning - jack Welsh
Originals
Give and take
Leaders eat Last
Keywords from the Book:
North Vietnam infinite war
Apples infinite business, Kodak and swiss army knife resilience.
Zune vs iPod, urgent vs important
Self preservation and self promotion, loss of trust
Glasteegle act
Vavilov seedbank - Leningrad Nazi sieze - starvation
Just Cause - future State
1. Affirmative - for something
2. Inclusive - open to all
3. Service Oriented - contributor should not be the primary beneficiary
4. Resilience - culture, political
5. Idealistic - unachievable
Just cause on paper not on instinct.
Just cause vs false cause
Just cause vs moonshot Bhag (Big hairy audacious goal) not infinite game
Just cause is context for finite, infinite objectives and impossible moonshots
Being the best is not a just cause
Garment dash mountain
Just cause should direct the business model not vice versa.
Best product is not a just cause.
Growth is not a just cause
Money is the fuel for a just cause, not a cause in itself
Hyper growth becomes a bane.
Growth for the sake of growth, will result in eating for obesity.
CSR is not a just cause. Charity, walkathon s or give aways are not just causes.
Finite leaders vs infinite leaders
Mike Duke vs Sam walton
John Scully vs Steve jobs
Steve balmer vs bill gates
Kevin Rollands vs Micheal Dell
Robert nordelli at home Depot
CVO - Chief Vision Officer
CEO - CFO/COO complementary skill sets, not replacements but partnerships
Different career paths
Milton Friedman shareholder capitalism vs Adam Smith's consumption capitalism
Propensity for self interest - the invisible hand.
Shareholder primacy theory
Finite minded capitalism vs infinite capitalism
Capitalism abuse
Laws and ethical customs - are exploited by companies. Friedman's standards.
Investors and shareholders behave like renters.
Larry fink - open letter - black Rock
Stakeholder model and triple bottom line
Will and resources
Leadership priorities: bias for resources
Cost of will:
Finite view: employers as costs
Infinite view: humans with infinite potential
Costco and apple 90 percent retention in retail.
Container Store - pay cuts and 401k no match
Mercenaries vs zealots
Shell Ursa oil rig:
Rick fox vs claire noya
Transactional relationship vs trusting relationships
Safe being vulnerable and asking for help.
High performance vs high trust
Jack Welch
Performance vs potential
Hire and promote - high trust persons over high performers with low trust
Chief coli - CRPD - circle of trust - listening sessions for truth
Officer jake coil
Toxic culture vs good performers
Fear - in face of fear, we hide the truth
Malali in Ford - Bpr s - business plan reviews - green - yellow - red
Honesty and accountability die before the feeling of fear
Culture = values + behavior
Incentive trust
Responsible freedom
Dirt jumps and donuts
CRPD infinite war strategy against drugs.
In weak culture - people find safety in rules
In strong culture - they find in relationship
Training new leaders.
LRC - Leadership Reactionary course
Marines in quantico
Job of leader = build new leaders
Leaders are not responsible for results,
They are responsible for people
Creating safe environments to be vulnerable around each other.
Ethical Fading:
Wells Fargo - millions of fake accounts
Cutting corners is incentivized
And integrity penalized
Impossible to meet quotas
Incentive to cheat to save job
Nobody in Wells Fargo went to jail
When good people do bad things:
EpiPen - extreme allergy for bees,
Mylan bought EpiPen - Monopoly - 22 percent per year
After 15 price hikes it went from 100 $ to 600$
Settled with govt for 465 mil for overcharging
Zero guilt - defensive and unapologetic
Self-deception: rationalization of ethical Fading
Words, euphemism, language
Torture vs enhanced interrogation
Gamification vs addiction
Data mining vs tracking
Convenience fee vs surcharge
Remove ourselves from the chain of causation and blame the system.
Blame consumers for consumer problems
Don't like it - then don't buy it.
Blaming consumer choices
Will to do the right thing vs pressure
The good Samaritan experiment for priests
Legal vs ethical responsibility
Slippery slope of ethical Fading
Structure replacing leadership
Timesheets
Leonard Wong - Lazy leadership
Trust on process vs people
Process to replace judgement
Sodiers checking boxes
People problem can only be fixed by people, not training, certification or other processes
Patagonia - don't buy this jacket
Constant improvement and ethical action
Patagonia does not exploit loopholes it closes them.
Competitors vs rivals
Simon sunek vs Adam grant
Winning vs improvement
Lloyd vs Navratilova
Scarcity vs abundance
Turnaround Ford - malali
Change the way you play the game
GM and Chrysler bailouts endorsed by malali
Rivals are part of the ecosystems
To keep suppliers in business
Pc revolution
Navy vs pirates
IBM vs apple
Welcome to the PC world ad - one page ad
Competitors look for customers vs rivals look for followers
Apple vs blackberry
Disruption is a symptom of a finite mindset
Lost sight of their own vision trying to beat apple
99 percent drop in 4 years
Cause blindness:
Fail to recognize other points of view
John Douglas - criminal profiling
Serial killers vs FBI
Don't confuse losing a rival with winning the war
No winning in infinite game,
USA did not win the cold war, USSR drained of will and resources, and dropped out.
USA became unrivaled and imposed it's will over the world.
Strong players believe they can control the game and other players.
Groupon Uber - examples of leaders neglected people and culture.
Coldwar 2.0
Single rival improves focus.
Internal squabbles arises, as they see each other as existential threats.
Republicans vs Democrats
FBI vs NSA etc...
Blockbuster vs netflix
Taxi companies vs uber
Sears vs Walmart and e-commerce
Infinite player without a worthy rival slides into finite game
Existential Flexibility:
Walt Disney - existential flex
Animated film that could elicit emotions - snow white and seven dwarfs - full feature length
Idyllic childhood - Elias Disney - failed farm - move to city from marsilline
Roy wanted to take company public.
Walt Disney left Disney and formed WED, to built Disney Land
Better way to advance your just cause.
Strategic shifts might be Reactionary while existential flex is offensive.
Shiny object syndrome vs existential flex
Protecting the business model (finite) vs the cause (infinite)
Look outside the industry and beyond the horizon.
Apple - invest in GUI, change course and build product from scratch.
If you don't blow it up someone will
Kodak Eastman
1975 - first digital camera - challenged their business model
Steven Sassoon - failed to convince the leaders to adopt digital.
Reconfigure the company to advance the cause.
Short term hell to long term just cause.
Nikon and Fuji introduce me fully digital camera 10 years later - 1988
Kodak made billions from patents
Strong balance sheet does not make a strong company.
2007 patents expired and Kodak declared bankruptcy in 2012
Existential inflexibility.
The Courage to Lead:
CVS - stopped selling cigarettes losing 2billion in revenue
Cigarette sales decreased by 1 percent while Nicotine patch sales rose by 4 percent
Other brands are now willing to associate with CVS
Pressure to succumb to finite game is overwhelming.
Courage to change mindset
The power of purpose:
America west:
Doug parker meets Mary - flight attendant
Mid contract raises amid protests from wall Street analysts
Wall greens vs CVS
Cigarette sales
Leadership courage - integrity not damage control.
Companies and leadership straying off course
Employees mirror leaders