article thumbnail

Their Commitment Might Mean More Than Our Insight

Marshall Goldsmith

Dave once taught me that effective performance can be seen as a function of the quality of an idea times the employee’s commitment to make it happen (EP = QI x C). When I asked one new Fortune 100 CEO what he had learned about leadership in the past year, he sighed and sadly noted, “My suggestions become orders.

article thumbnail

Managing in an Age of Winner-Take-All

Harvard Business Review

Consider management actions such as cutting jobs and investment as a response to currency fluctuations and the resulting accounting impact of those cuts on earnings per share (EPS). As Drucker put it: “Managers are society’s major leadership group … They command the resources of society.”