This is a great interview with the former CEO of Campbell, Nabisco, General Mills and Kraft talks about how corporate transformation happens when you have engaged leadership who believe and live the transformation giving the rest of the company something to emulate.
He points to big changes like transitioning “executive compensation [to] longer-term goals. A major share of a leader’s salary was linked to long-term compensation, based on Campbell’s total shareholder returns versus a peer group of companies, over a rolling three-year period. That kept people sufficiently focused on the future. I think that kind of balance needs to find its way more fully into the corporate sector. Yes, people need to be rewarded in the short term; they have bills to pay. But they also need to be sufficiently dispassionate about everyday issues, so that they can build a greater company tomorrow as well.”
Finally, he talks about the necessity for a strong social responsibility platform. It builds a strong reputation which in turn has positive impacts on employee engagement and marketplace performance.
Is it really that surprising that this is the most watched video on TED?
Even if you have seen this video it’s worth watching again. If you haven’t it’s DEFINITELY worth watching for the first time!
Love this story. Especially this part:
“She approached one of the forklift operators, who was also on his coffee break and they struck up a conversation. She asked the fellow what it was that he did there in the factory. The forklift operator replied, “I come to work each day and save the planet.” When she asked him what he meant, he told her about his role in the company to reduce waste and save raw materials, and how this ultimately made the planet better for his children.”
After watching Ray Anderson give his TED talk it’s no surprise his employees believe they are making the world a better place. Might want to have a box of tissues near by.
Open source at its most open!
“…Beck’s latest project is a uniquely ambitious and imaginative endeavor. …Beck will issue a new collection of songs not in recorded form, but as 20 booklets containing sheet music for others to play.”
“If we have goals and dreams and we want to do our best, and if we love people and we don’t want to hurt them or lose them, we should feel pain when things go wrong. The point isn’t to live without any regrets, the point is to not hate ourselves for having them… We need to learn to love the flawed, imperfect things that we create, and to forgive ourselves for creating them. Regret doesn’t remind us that we did badly — it reminds us that we know we can do better.”
– Kathryn Schulz