Superbosses

de Sydney Finkelstein

"A GOOD BOSS HITS HIS GOALS AND LEADS HIS TEAM. A SUPERBOSS BLOWS AWAY HER GOALS BY BUILDING AN ARMY OF NEW LEADERS. WHICH WOULD YOU RATHER BE? What do football coach Bill Walsh, restaurateur Alice Waters, television executive Lorne Michaels, technology CEO Larry Ellison, and fashion pioneer Ralph Lauren have in common? On the surface, not much, other than consistent success in their fields. But below the surface, they share a common approach to finding, nurturing, leading, and even letting go of great people. The way they deal with talent makes them not merely success stories, not merely organization builders, but what Sydney Finkelstein calls superbosses. They've all transformed entire industries. After ten years of research and more than two hundred interviews, Finkelstein has concluded that superbosses exist in nearly every industry, from the glamorous to the mundane. If you study the top fifty leaders in any field, as many as one-third will have once worked for a superboss. While superbosses differ in their personal styles, they all focus on identifying promising newcomers, inspiring their best work, and launching them into highly successful careers--while also expanding their own networks and building stronger companies. Among the practices that distinguish superbosses: They Create Master-Apprentice Relationships. Superbosses customize their coaching to what each protege really needs, and also are constant founts of practical wisdom. Advertising legend Jay Chiat not only worked closely with each of his employees but would sometimes extend their discussions into the night. They Rely on the Cohort Effect. Superbosses strongly encourage collegiality even as they simultaneously drive internal competition. Lorne Michaels set up Saturday Night Live so that writers and performers are judged by how much of their material actually gets on the air, but they can't get anything on the air without the support of their coworkers. They Say Good-Bye on Good Terms. Nobody likes it when great employees quit, but superƯbosses don't respond with anger or resentment. They know that former direct reports can become highly valuable members of their network, especially as they rise to major new roles elsewhere. Julian Robertson, the billionaire hedge fund manager, continued to work with his former employees who started competƯing hedge funds, and he often profited by investing in them. By sharing the fascinating stories of superbosses and their proteges, Finkelstein explores a phenomenon that never had a name before. And he shows how each of us can emulate the best tactics of superbosses to create our own powerful networks of extraordinary talent"-- "Based on years of research, Sydney Finkelstein, professor at Tuck School of Business at Dartmouth and author of WHY SMART EXECUTIVES FAIL, looks at how a few visionaries consistently develop the most successful talent in their industries After dining at the Chez Panisse, the restaurant run by legendary chef Alice Waters, Sydney Finkelstein got to thinking. Dozens of chefs from Chez Panisse had gone on to open their own restaurants and win fame after working with Waters. Indeed, she was behind many of the most successful players in the industry. Could this pattern exist elsewhere? Did other industries have their own superstars who developed the majority of leaders in their particular field? After years of research, Finkelstein found that similarly powerful mentors--whom he calls Superbosses--do indeed exist in every industry, from finance to entertainment to fashion and the arts. These Superbosses create a network of superstars, using techniques for hiring, developing, challenging, promoting, and even letting go of great people in ways that are often counterintuitive. Finkelstein profiles luminary Superbosses such as Waters, Lorne Michaels, Miles Davis, Ralph Lauren, Larry Ellison, and Bonnie Fuller and looks at how they manage and lead their best people, from their surprising hiring practices to their impossibly high expectations to their support of people even after they leave. The practices of Superbosses, Finkelstein found, are in fact teachable."--