If Business is War, Jeff Bezos is a lot like Ulysses S. Grant

In 1861, Ulysses S. Grant was managing his brother’s leather goods store in Galena, IL, having retired from the military seven years prior. When the Civil War broke out later that year, he reenlisted and quickly rose through the ranks. The officers Grant replaced on his meteoric rise to Commanding General of the Union Army[…]

The 8 Best CEOs from the Past 50 Years

In the 2012 Berkshire Hathaway Letter to Shareholders, Warren Buffett recommended the book The Outsiders, by William Thorndike, calling it “an outstanding book about CEOs who excelled at capital allocation.” It tells the story of eight unconventional CEOs who managed to outperform the S&P 500 by over twenty times. How did they do it? It[…]

Management vs. Leadership

I’m often asked, “what is the difference between management and leadership?”  The best answer I’ve ever heard, and the one I usually give is: Management is about doing things right.  Leadership is about doing the right thing. Like any great aphorism, it is short and memorable.  It does a decent job communicating the big concept,[…]

The Ancient Wisdom of Teams

For a team to be successful, team members must put the interests of the team above their own. It’s necessary for team members, at times, to sacrifice their ego, play a supporting role, and in some deep sense, care more for the success of the team than for individual achievement and glory. These are timeless[…]

It’s Not Who’s On Your Team, It’s How You Work Together

If your boss came up to you today and asked you to form a team for a high-profile strategic project, what would be your first task? If you’re like most people, your thoughts would immediately turn toward whom to select to join your team. After all, we’ve been conditioned to believe that the most important[…]