article thumbnail

Leadership Lessons in Southwest Airline’s Fall From Grace

Modern Servant Leader

The company has been a servant-leadership darling since it’s inception and co-founder Herb Kelleher applied the principles for decades before stepping down as CEO in 2001. Underinvestment in Technology. Because Southwest Airlines seems to have the worst, most outdated operating technology in the industry.

Airlines 188
article thumbnail

Leadership Lessons in Southwest Airline’s Fall From Grace

Modern Servant Leader

The company has been a servant-leadership darling since it’s inception and co-founder Herb Kelleher applied the principles for decades before stepping down as CEO in 2001. Underinvestment in Technology This was the main root of their problem. Failing technology. The reason for this vast difference in recovery?

Airlines 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Prompts Investments In Energy Innovation

The Horizons Tracker

billion in 2001 to $20.1 In China, for instance, spending on fossil fuel innovation grew from just $90 million in 2001 to $1.673 billion in 2018. Technological competition with China also matters, as it creates an incentive to invest in future growth sectors where China has taken a lead—including various clean energy technologies.”.

Energy 65
article thumbnail

Fujifilm Succeeded Where Kodak Failed

Coaching Tip

Kodak's technology was also far ahead of Fujifilm's. After I left Kodak, as a marketing specialist, to take a new leadership position in another industry in 1973, Fujifilm's technology was catching up with Kodak's and by the 1980s Fujifilm had technically surpassed Kodak in nearly all varieties of film.

Film 70
article thumbnail

The Rise Of The On-Demand Workforce

The Horizons Tracker

The notion of the on-demand workforce was first brought to popular attention by Dan Pink in 2001 when he published Free Agent Nation, in which he predicted a future dominated by independent workers. This has been especially so in digital domains, where the Covid-19 pandemic has accelerated digital transformation efforts across the economy.

Agility 95
article thumbnail

Revealing Leadership Insights From Thinkers50

Tanveer Naseer

Technology has clearly paid a huge part in this, but the biggest driver of change in how organizations are run is the ceaseless quest for improvement; to manage more efficiently and effectively to better achieve business results. Think of Peter Drucker who topped the first Thinkers50 ranking in 2001.

article thumbnail

Are You Using These 4 Steps For Organizational Success?

Tanveer Naseer

Their ability to “deliver happiness” and release unexpected ‘must-have’ technologies respectively, are clearly not mere responses to the challenges they incur from their competition. Consider, for example, the release of the first iPod by Apple back in October 2001.