Bill Gates writes about leadership lessons he has learned. (Stefan Postles/Getty Images)
Leadership. What is it, exactly? What are the
hallmarks of leadership? And why does it seem so hard to find good leaders?
The
topic was at top of mind for a number of LinkedIn Influencers this
week. Among them: JP Morgan Chase & Co chief executive Jamie Dimon —
who recently succeeded in
keeping his CEO and chairman title
at the bank, Microsoft Corp founder Bill Gates, Yahoo! Inc product
leader, Anand Chandrasekaran and Johns Hopkins Medicine International
CEO Steven Thomson.
JPMorgan Chase & Co's Jamie Dimon. (Chip Somodevilla/Getty Images)
Each
brought a different perspective to leadership, including highlighting
characteristics of good leaders, passing on lessons learned from
volunteer work and sharing insights from one of the world’s most famous
investors.
A look at leadership, from people who’ve been there and done it.
Jamie Dimon, CEO of JP Morgan Chase & Co
“Leadership
is an honor, a privilege and a deep obligation. When leaders make
mistakes, a lot of people can get hurt. Being true to oneself and
avoiding self-deception are as important to a leader as having people to
turn to for thoughtful, unbiased advice,” Dimon writes in his
Influencer post on the hallmarks of a good leader.
“I believe social intelligence and ‘emotional quotient,’ or EQ, matter
in management. EQ can include empathy, clarity of thought, compassion
and strength of character.”
Other traits upon which Dimon
expounds: discipline; high standards; the ability to face facts (even
when they aren’t pretty); openness; building a setup for success;
morale-building; loyalty; meritocracy and teamwork; fair treatment; and
humility.
Then there’s what Dimon calls the “grey area of leadership” that are open to interpretation.
“This
grey area contributes to the complexity of the challenges that leaders —
and those who govern them — face.” Among them: motivators, compensation
and performance.
Bill Gates, founder of Microsoft and co-chair of the Bill and Melinda Gates Foundation
Gates, in his inaugural Influencer post, writes about what he has
learned from famous investor and Berkshire Hathaway CEO Warren Buffett. Gates writes that Buffett’s “brilliant way of looking at the world” doesn’t just apply to building a business.
“
It’s not just about investing.
[Buffett] has a whole framework for business thinking that is very
powerful. He says a shareholder has to act as if he owns the entire
business, looking at the future profit stream and deciding what it’s
worth.”
“
Use your platform. He’s been willing to speak
frankly and criticize things like stock options and financial
derivatives [in his company newsletter]. He’s not afraid to take
positions, like his stand on raising taxes on the rich, that run counter
to his self-interest.”
“
Know how valuable your time is.
There are only 24 hours in everyone’s day. Warren has a keen sense of
this. He doesn’t let his calendar get filled up with useless meetings.
On the other hand, he’s very generous with his time for the people he
trusts. He gives his close advisers at Berkshire his phone number, and
they can just call him up and he’ll answer the phone.”
Anand Chandrasekaran, product leader at Yahoo
Chandrasekaran, who leads Yahoo’s global search business,
writes on the leadership lessons he has learned from volunteering
around the world, concluding that “our best work comes when purpose,
passion and profit are aligned. However, experiencing moments when you
can feel them coming together are few and far between.”
Lessons include:
“
Playing for the long term.
One of the first things I learned was that any problem you're tackling
… has been around for decades, if not centuries. When one is tackling
such a long-term challenge by definition one develops a long term
mindset.”
“
Assuming positive intent. We've all been there
— speculating what someone's intent is. Partnerships between volunteer
groups are uniquely driven by deep trust and shared purpose. It's
incredible how things get simplified when one starts by
assuming positive intent by all the other parties in any interaction.”
“
Problems without passports.
Very few things (especially challenges) that come along can be solved
by one person. Collaboration is not a luxury, but a necessity.”
Other influencers who weighed in on leadership this week:
Steven Thomson: CEO of Baltimore, Maryland-based Johns Hopkins Medicine International. Thomson offered solutions to the
traps which trip up many promising leaders.
Michael Moritz: Chairman of California-based venture capital firm Sequoia Capital wrote on the
delicacy of conveying the truth.
Influencers
is an occasional column that takes a peek at what LinkedIn Influencers,
thought leaders in their fields, have to say about topics or events in
the news.
Pavel Durov (left) offered Edward Snowden a job at Vkontakte.
