Leading by Example
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About this ebook
The series launches with three volumes, each of which centers on a timely topic:
· Leading by Example: Discover the secrets to leading effectivelyfrom top executives at KPMG Worldwide, Quest Diagnostics, Virgin Galactic, and other giants.
· Managing Your Career: Find out how to identify and achieve the career you wantfrom exceptional leaders at McKinsey & Company, Lloyds TSB Group, Heidrick & Struggles, among others.
· Managing Change: Learn how to lead major transformation effortsfrom successful change champions at Philips Lighting, JPMorgan Chase, Coca Cola Company, and other top firms.
A crucial resource for today’s busy executive, Lessons Learned gives you instant access to the wisdom and expertise of the world’s most talented leaders.
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Leading by Example - Fifty Lessons
ACKNOWLEDGMENTS
LESSON ONE
The Importance of a Visible Leader
Will Whitehorn
President, Virgin Galactic
ONE OF THE IMPORTANT lessons I’ve gained from working for Virgin for eighteen years is that having a strong leader in a business is incredibly important and much underestimated in large, corporate organizations—somebody who’s prepared to take the heat for things and let the buck stop with him.
I remember Richard Branson being interviewed on Radio Five Live, which is a BBC radio station in the UK, several years ago. He was talking about some of the problems that Virgin Trains had had, not due to our own fault but down to something at Railtrack. We’d had a problem with a train that got stuck, but we hadn’t dealt with it very effectively. He went on the radio to talk about this, and he said, "We messed up; it was completely our fault; I take full responsibility for it. We’re obviously looking at not doing it again in the future, but there’s no point in hiding from the fact that we’ve got to do this better if we’re going to make this business