Values Based Leadership
Dr. Robert Mauro, National Employment Week
+
Why Values-Based Leadership?
Need for rules
but
Rigid values = Inability to adapt
+
Understanding Values
in Machiavelli
+
What is “Machiavellian”?
Duplicitous
Cunning
Bad faith
“fortuna” Right action at
right time
+
Take away for leaders?
Values exist in the establishment of
a sustainable state that persists
through its institutional structures
Right value at right time
+
Establishing Values at
Zappos
+
Zappos
No formal values initially - CEO Tony Hsich knew
everyone
$184 M in profit – moves HQ to Las Vegas, Nevada
Hsich sees need to establish values – core of all great
companies
5 yrs.
+
Establishing Values
Values must:
 Come from employees
 Allow for change
 Be meaningful and real for employees
 Be integrated into HR hiring process
+
Instilling Values
 Worked with employees to develop Zappos’s values
 Established process to define team/employee expectations &
roles
 7-weeks of training for call center operators
 Rewards structure based on success of values
“Everyone is expected to show leadership…to self-direct their
work rather than managers telling them what to do.”
+
Take away for leaders?
Embrace drive and change
Be open-minded
+
Values in action at
Biogen Idec
+
Biogen History
Biotechnology company headquartered in Cambridge
 Founded in 1982
 1985: first venture funds; first drug INTRON (to fight leukemia)
 1998: first profits for the company
 Today: $9.7 Billion in revenue
 Work primarily in MS, blood disorder, and stroke
+
Keys to Biogen Success
 Start-up culture
 Value in innovation
 Entrepreneurial/creative environment
 Employee empowerment
Superstar Lab Vertical Integration
• Research
• Development
• Manufacturing
• Distribution
+
CEO led focus
 CEO George Scangos turned from VC funding
 Focused on output instead of process
 Worked on finding and knowing right employees
 Culture of project management and detailed planning at all
levels of company
 Created and empowered sub-teams to own projects
 Allowed senior management to set priorities, make decisions,
facilitate action
+
Values in Action
+
Takeaways for leaders
Biogen created a culture rooted in
values that supported exploration and
discovery, and shared information in
open ways.
+
Contrasting Values at
Boston College
Boston College
+
Mission
• Private liberal arts university
• “A university in the Jesuit, Catholic tradition”
• Educate “young men and women for others”
+
GLI role within BC
 Innovate
 Develop new business paths for BC
 Deliver executive program
 Focus on excellence in leadership and strategy
+
Conflicting roles within BC
Global Leadership Institute
 Entrepreneurial
 Experiential
 Opportunity driven
Boston College
 Tradition-grounded
 Classical education
 Risk-adverse
Focus on delivering quality and excellence
Reflection key part of learning experience
Applied learning
Rio’s Bars: It’s the
profession, not the
organization
No leader; just leaders
+
Final Takeaways
1. Establish rules, responsibilities and
definitions to empower leadership
1. Make rules flexible and permeable to
facilitate innovation in leadership
1. Recognize this difficult tension
+
Contact
Dr. Robert Mauro: robert.mauro@bc.edu
Website: www.bc.edu/gli
@Robert_Mauro

Keys to Value-Based Leadership

  • 1.
    Values Based Leadership Dr.Robert Mauro, National Employment Week
  • 2.
    + Why Values-Based Leadership? Needfor rules but Rigid values = Inability to adapt
  • 3.
  • 4.
    + What is “Machiavellian”? Duplicitous Cunning Badfaith “fortuna” Right action at right time
  • 5.
    + Take away forleaders? Values exist in the establishment of a sustainable state that persists through its institutional structures Right value at right time
  • 6.
  • 7.
    + Zappos No formal valuesinitially - CEO Tony Hsich knew everyone $184 M in profit – moves HQ to Las Vegas, Nevada Hsich sees need to establish values – core of all great companies 5 yrs.
  • 8.
    + Establishing Values Values must: Come from employees  Allow for change  Be meaningful and real for employees  Be integrated into HR hiring process
  • 9.
    + Instilling Values  Workedwith employees to develop Zappos’s values  Established process to define team/employee expectations & roles  7-weeks of training for call center operators  Rewards structure based on success of values “Everyone is expected to show leadership…to self-direct their work rather than managers telling them what to do.”
  • 10.
    + Take away forleaders? Embrace drive and change Be open-minded
  • 11.
    + Values in actionat Biogen Idec
  • 12.
    + Biogen History Biotechnology companyheadquartered in Cambridge  Founded in 1982  1985: first venture funds; first drug INTRON (to fight leukemia)  1998: first profits for the company  Today: $9.7 Billion in revenue  Work primarily in MS, blood disorder, and stroke
  • 13.
    + Keys to BiogenSuccess  Start-up culture  Value in innovation  Entrepreneurial/creative environment  Employee empowerment Superstar Lab Vertical Integration • Research • Development • Manufacturing • Distribution
  • 14.
    + CEO led focus CEO George Scangos turned from VC funding  Focused on output instead of process  Worked on finding and knowing right employees  Culture of project management and detailed planning at all levels of company  Created and empowered sub-teams to own projects  Allowed senior management to set priorities, make decisions, facilitate action
  • 15.
  • 16.
    + Takeaways for leaders Biogencreated a culture rooted in values that supported exploration and discovery, and shared information in open ways.
  • 17.
  • 18.
  • 19.
    + Mission • Private liberalarts university • “A university in the Jesuit, Catholic tradition” • Educate “young men and women for others”
  • 20.
    + GLI role withinBC  Innovate  Develop new business paths for BC  Deliver executive program  Focus on excellence in leadership and strategy
  • 21.
    + Conflicting roles withinBC Global Leadership Institute  Entrepreneurial  Experiential  Opportunity driven Boston College  Tradition-grounded  Classical education  Risk-adverse Focus on delivering quality and excellence Reflection key part of learning experience Applied learning
  • 22.
    Rio’s Bars: It’sthe profession, not the organization
  • 23.
  • 24.
    + Final Takeaways 1. Establishrules, responsibilities and definitions to empower leadership 1. Make rules flexible and permeable to facilitate innovation in leadership 1. Recognize this difficult tension
  • 25.
    + Contact Dr. Robert Mauro:robert.mauro@bc.edu Website: www.bc.edu/gli @Robert_Mauro

Editor's Notes

  • #3 Management must find way to negotiate need for rules and procedures without establishing impermeable values that create sealed cultures.
  • #5 Considered employment of duplicity and bad faith, but not actually what meant. Tried to convey that manual as a guide for political behavior is untenable. Politics subject to fortuna, and so actions must match fortuna to maintain state. Advocated for right action at right time.
  • #6 Tell story here – must add about Sicily
  • #7 Shoe and clothing retailer founded in 1999
  • #8 Process from no formal values to need to express them after lots of growth Collaborative process in forming company values
  • #9 How Zappos went about establishing formal values
  • #10 To achieve this, Hsich sought to empower employees to act and to deliver. He established a holocracy that moved authority from managers to each employee Stories of success after
  • #11 “embrace drive and change” = values come from employees “be open minded” = risking where making mistakes is encouraged
  • #14 Row of images along the bottom