Leadership: Accountabilty vs Visionary

Leadership: Accountabilty vs Visionary

• 1.
  Leadership Visionary &Accountability Author: Nelson Conde Presented to Brooklyn College – Organizational Sociology course Sep. 2014
• 2.
  • Google focusedon ways to measure leadership skills, cognitive ability, humility, and ownership. • Google determined that GPAs and test scores were not good attributes for hiring. Source: Korn Ferry Briefings issue 19
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  Visionary Leadership: StatusQuo & Failure are Linked Success Status Quo Failure
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  Accountable Leadership: StatusQuo & Success are Linked Success Status Quo Failure
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  Banking vs Technology– Leadership Views JAMIE DIMON • DISCIPLINE • DRIVE CHANGE • HIGH STANDARDS • OPENNESS • ABILITY TO FACE FACTS • SET UP FOR SUCCESS • MORALE BUILDING • FAIR TREATMENT • HUMILITY STEVE JOBS • THINK DIFFERENT • RESHAPE INDUSTRY • DEEP KNOWLEDGE • SIMPLICITY • FAILURE IS OK • LOVE WHAT YOU DO • CURIOSITY • ONE PERSON CAN’T DO IT
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  Jamie Dimon - • Leaders are hard to find and are far from perfect, • but the best possess most of the key 10 qualities of leadership. • Those include setting high standards of performance and integrity, transparency and fairness, and humility. • Leaders need to acknowledge those who came before them and helped shape the enterprise -- it's not all their own doing… Family was in brokerage business; graduated from Tufts and Harvard; intern at Goldman Sachs; mentor was Sandy Weill.
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  Steve Jobs - • We have no committees at Apple. We are organized as a start up. We are the biggest start up on the planet. • You have to be run by ideas not hierarchy. • You need a lot of passion for what you're doing because its so hard. If you don’t, any rational person would give up; and you have to do it over a sustained period of time. Steve Jobs enrolled in Reed College, but dropped out after one semester. He liked to go to classes that weren't on his schedule and learn about random things like scripture and calligraphy. He traveled to India to search for enlightenment.
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  I did nothave the breadth of experience at that time to really appreciate just how different leadership is when you are shaping an industry, versus when you’re a competitor in an industry, in a public company, where you don’t make mistakes because if you lose, you’re out.” – John Sculley, former Apple CEO Clash of Leaders Accountability Visionary Steve Jobs vs John Sculley
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  What does aBank do?
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  Buys Money SellsMoney Keeps the Difference Time Risk Price Service Insure
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  V U CA • Volatility • Uncertainty • Complexity • Ambiguity
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  Can we transforma banking model into a smaller, agile, profitable organization, with highly dedicated customers?
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  •Loan •Profit ShareholdersInvest Bank Public / Private Investors Money In …… Money Out
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  • Loan •Profit Bank • Loan • Low Cost Credit Union - np Shareholders Invest Members Deposit Public / Private Investors Members
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  • Loan •Profit Bank • Loan • Low Cost Credit Union - np Shareholders Invest Members Deposit Public / Private Investors Members Social Cause • Give • Social Justice Astraea LGBT Found. - np Sponsors Give
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  • Loan •Profit Bank • Loan • Low Cost Credit Union - np Shareholders Invest Members Deposit Public / Private Investors Members Social Cause Creative Producers / Venture Cap • Give • Social Justice Astraea LGBT Found. - np • Give • Profit Kickstarter Sponsors Give Backers Give
• 17.
  • Give •Social Justice Astraea LGBT Found. - np • Give • Profit Kickstarter • Loan • Profit Bank • Loan • Low Cost Credit Union - np Shareholders Invest Members Deposit Sponsors Give Backers Give Public / Private Investors Members Social Cause Creative Producers / Venture Cap
• 18.
  BANK • Dep,Lns, Der., Offshore, Trading, Leverage • Brick & Mortar, ATMs, Online, Mobile CREDIT UNION • Loan, Deposits, Insurance, Investments • Brick & Mortar, fewer ATMs, basic Online, Mobile? ASTRAEA LGBT FOUNDATION • Inform, Supporters, Grants • Brick & Mortar, basic Online Kickstarter • 89 People yield 3 million backers • Clean Online. Only wants one page resume.
• 19.
  Visionary Funding: Give/ Profit / Taxed / Invent / Cause “We believe that creative projects make for a better world, and we’re thrilled to help support new ones. Building a community of backers around an idea is an amazing way to make something new.” - Kickstarter Only 89 People in Brooklyn; ½ on Product Design; ½ on Community In 2013: 3 million backers delivered $480MM 214 countries, and over 19,000 projects
• 20.
  Conclusions Questions