A Quote by Juan Somavia
What we need is political leadership which can give guidance to the development of global governance. We need business leadership which goes beyond shareholder value to understand the needs and fears of other stakeholders and their communities.
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There are times when leadership needs to take a bold move forward. And there are times when the leadership needs to act on the basis of what the grass roots say. You need to have your political thermometer constantly in the political waters to know when to give leadership in what way.
We need leadership in this country, which will improve the lives of working families, the children, the elderly, the sick and the poor. We need leadership which brings our people together and makes us stronger.
As I've progressed in my career, I've come to appreciate - and really value - the other attributes that define a company's success beyond the P&L: great leadership, long-term financial strength, ethical business practices, evolving business strategies, sound governance, powerful brands, values-based decision-making.
As Ive progressed in my career, Ive come to appreciate -- and really value -- the other attributes that define a companys success beyond the P&L: great leadership, long-term financial strength, ethical business practices, evolving business strategies, sound governance, powerful brands, values-based decision-making.
Transforming leadership, [is defined as] leadership that builds on man's need for meaning, leadership that creates institutional purpose ... he is the value-shaper, the exemplar, the maker of meanings ... he is the true artist, the true pathfinder.
America somehow thinks that leadership relates to governance, and it certainly does. But society is much bigger than governance, and some of the truly great leadership of our society is outside the governance arena.
After World War II, American leaders were, in Dean Acheson's words, 'present at the creation' of a global order. Now at the end of the cold war, we desperately need that same vision, that leadership, that creativity to be applied to the governance of the global marketplace.
Not all civil servants admire strong political leadership. But if you want to change things for the better you need strong political leadership.
Germany must be a country which generates political ideas and leadership, which is capable of compromise, which is sovereign and yet knows that it needs its partners on both sides of the Atlantic.
Shareholder value is the result of you doing a great job, watching your share price go up, your shareholders win, and dividends increasing. What happens when you have increasing shareholder value? You're delivering better employees to their communities and they can give back. Communities are winning because employees are involved in mentoring and all these other things. Customers are winning because you're providing them new products.
Leadership has become a heavy industry. Concern and interest about leadership development is no longer an American phenomenon. It is truly global. Though I will probably be in less demand, I wanted to move on.
If you work for and eventually lead a company, understand that companies have multiple stakeholders including employees, customers, business partners and the communities within which they operate.
My research and practice indicates that people need to be doing work they love and to love the work they do. They need to feel that their efforts matter for the people and causes about which they really care. Further, they need to be doing work with people they respect and enjoy. Finally, they need to feel free to choose where, when and how it all gets done. It's not easy to put these conditions in place, but it is certainly possible to do so, as I have seen and shown in my work in organizations and communities using the Total Leadership approach.
The tradition that I come from has a great influence on Karnataka. Not just politically - it's also my social and moral responsibility to draw citizens facing bad governance and lawlessness to a leadership that is capable of delivering good governance and development.
Unlike national markets, which tend to be supported by domestic regulatory and political institutions, global markets are only 'weakly embedded'. There is no global lender of last resort, no global safety net, and of course, no global democracy. In other words, global markets suffer from weak governance, and are therefore prone to instability, inefficiency, and weak popular legitimacy.
If we want to identify the great success of American research universities, and that success goes far beyond Harvard, we have to come back to the question of governance. Excellence requires a firewall between trusteeship, or government ministries, and the academic decision-making process. This American concept of shared governance wherein the faculty are engaged in running the university as part of a collaboration with the other stakeholders.
