Just posted on the 7DS Blog — Leadership in a Time of Cholera:
If you are the CEO, broker/owner, team leader, managing partner, or otherwise in charge of a real estate company today, this is an absolute must-read. In fact, if you read nothing else this entire year, I recommend you read this fascinating article from A.G. Lafley, Chairman and CEO of Proctor & Gamble.
The article is entitled “What Only the CEO Can Do” but the insights and lessons Lafley lays out are really about leadership in time of trouble, when enormous changes coupled to internal lethargy are threatening to pull you down. I think his advice, based on his hard-won experience as the CEO of a Fortune 500 company, widely admired for their marketing and product management expertise, is timeless and applies across all industries. But right now, today, in the real estate industry, I think his advice is particularly timely and particularly relevant.
Read the whole thing; you won’t regret the time spent.
The following are our observations about the lessons that a real estate company executive — particularly the CEO/owner of a real estate brokerage company — can draw from Lafley’s article.
I thought it worth cross-posting, since I know quite a few of you are interested in management/strategy issues, and that quite a few of you are CEO/owners/leaders in real estate organizations.