A Quote by Anand Mahindra
I think a CEO lives or dies in whether he's been able to hold on to elements of culture that are needed in the company.
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As a former CEO and senior executive, there was a time when I did not quite understand the profound impact a CEO has on the culture of a company, even though I always knew culture was important.
I used to believe that you could change the culture or behavior of a company. I still believe it's possible, but it is at least a five to ten year process, if you are successful at all. More recently, I have been attracted to the ideas of the behavioralist, Edgar Schein. Schein has argued that you cannot change the culture of a company, but you can use the culture of a company to create change. It's an interesting approach to overcoming resistance. And if you can change how a company does its work, you might eventually be able to change how its people think.
A congressman actually apologized to BP's CEO for the way the company has been treated. How stupid are you when the CEO of BP is in the room and people think you're the moron?
I described the CEO job as knowing what to do and getting the company to do what you want. Designing a proper company culture will help you get your company to do what you want in certain important areas for a very long time.
A critical question to ask when bringing in a new CEO to take the reins of a company you started is: Do you want someone who will maintain company culture or reinvent it?
Somebody asked me 'what's the job of a CEO', and there's a number of things a CEO does. What you mostly do is articulate the vision, develop the strategy, and you gotta hire people to fit the culture. If you do those three things, you basically have a company. And that company will hopefully be successful, if you have the right vision, the right strategy, and good people.
The CEO is, by far, the most important decision for a company... The company is going to rise and fall with the CEO.
It doesn't matter what's written on a coffee mug or on a 'culture' slide; what you do as a CEO, day in and day out, and how you behave will define your company's culture.
I was at that point where my children needed more than going around the planet in the back of a bus. They needed stability, they needed to build their own lives and relationships, and I needed to put my life on hold. I made my choice - I chose my children.
I don't think I've necessarily been able to pick and choose in my career; I don't know how many people do. But I'll tell you what I've been able to do: I've been able to say no. It is the only thing you can hold on to sometimes, is that ability to say 'no.' And I think that in that way, you can create some kind of career.
The CEO announces that the purpose of the firm is to improve the lives of the customers and the lives of the firm's stakeholders and the quality of the planet. The company will give fair compensation to all the stakeholders and the CEO will not earn more than 20 times the median income of his employees. He will want his employees to rate him, just as he also has to rate them.
Any enterprise CEO really ought to be able to ask a question that involves connecting data across the organization, be able to run a company effectively, and especially to be able to respond to unexpected events. Most organizations are missing this ability to connect all the data together.
I think having a visionary CEO is awesome, and visionary leadership is one thing, but you also need checks and balances on whether this company can withstand a very honest and critical look at itself.
When I came into the CEO office, I basically changed the entire management team. We knew that we had to change the company, so we needed a new set of leaders.
If you think about black art, all black art, whether it's Invisible Man or whether it's James Baldwin, Langston Hughes, Zora Hurston, or Richard Wright, they all deal with elements of identity and trying to humanize our experience and our struggle in the world where people have been indifferent to who we are and what we are. It's basically just saying that our lives have meaning.
It so happens that certain songs becomes part of culture, and culture is a form of preserving patterns. Yes, we're Mexican, and we're proud to be, but we're also human. But like all cultures, there are retrograde elements and evolutionary elements. I think we'll chose to head towards the evolutionary ones and leave the others behind.
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