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This piece explores essential questions for effective leadership, focusing on the consequences of actions, respect for others’ rights, and commitment fulfillment. It emphasizes that true leadership is rooted in responsibility, not just titles or ranks. Key tests for leaders include the Newspaper Test, Golden Rule Test, and Obituary Test, which examine the visibility, generality, and legacy of leadership actions. By considering these aspects, leaders can align their actions with their duties towards stakeholders, including investors, employees, customers, and the public.
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Thinking about Leadership Styles & Leadership Character: The 3 Key Questions • Am I comfortable with the likely consequences of this action? • Am I meeting my duties and respecting others’ rights? • Am I meeting my commitments and my organization’s commitments? rdeshpande@hbs.edu LP 2011
Leadership: Character & Situation • “Leadership is not rank or privileges, titles or money. Leadership is responsibility” • (Peter Drucker) • But responsibilities to Whom? • Stakeholders (Investors, Employees, Customers, Partners, Government, Public) rdeshpande@hbs.edu LP 2011
3 Quick Tests for Responsibilities of Leaders • Visibility (the “Newspaper Test”) • “Would I be comfortable if this action were described on the front page of a respected newspaper?” • Generality (the “Golden Rule Test”) • “Would I be comfortable if everyone in a similar situation did this? If someone did this to me? • Legacy (the “Obituary Test”) • “Is this how I’d like my leadership (or my company) to be remembered? For this to appear in my obituary?” rdeshpande@hbs.edu LP 2011
