Arkansas Business Education Association Hot Springs, Arkansas 2009 Leadership Seminar Dr. Terry Roach College of Business Arkansas State University-Jonesboro tdroach@astate.edu SBEA President 1999 ABEA President 1991 and 1992 Leadership requires Leaders Successful leaders have self-awareness. They have the self-respect and respect for others that allows them to be tough yet compassionate, to remain composed under pressure, and to negotiate to solve problems. This quality earns them the trust and respect of others. John B. Fery, CEO Boise Cascade Corporation Management and Leadership MANAGEMENT Analyze Information Make inferences Make decisions Allocate resources Problem solving Assign tasks Make schedules LEADERSHIP Influence and Inspire others to achieve goals Motivate Touch the spirit Three Components of Leadership Vision Communication Trust Vision “A successful leader has the vision to see the future and the willingness to make the commitments needed to get there.” John J. Curley, CEO, Gannett Co., Inc. “Be passionate about what you you’re doing. Be committed to it. Don’t look over your shoulder and worry about the mistakes you’ve made, but determine how you can move forward.” William Welden, CEO, Johnson & Johnson Vision Statements are often confused with Mission Statements Vision (where you want to be) Write a statement for your state’s Business Education Association Mission Statement (purpose and to whom) {for this exercise} Write a statement for your state’s Business Education Association Communication “Leaders must have the ability to design and articulate an organizational vision. If you can’t express an idea, you don’t have one!” Richard J. Mahoney, CEO, Monsanto Corp. “Be open and honest. Be direct and candid in all communication. Be sure that you mean what you say and say what you mean”. Robert Benmosche, CEO, MetLife Frequent Communication Telephone Cell phone Letters Email Fax Fax Conferences Face to face School/work Public places Always try one more Post Cards time. Trust “First of all, a successful leader is someone who has integrity, someone you can trust. You know and share the values they stand for and you can count on them to act accordingly.” Donald W. Weber, CEO Contel “The most overlooked requirement for successful business leadership today is integrity. …. I mean integrity in the larger sense of an openness to ideas and colleagues, a willingness to trust the people who work for you and surrender yourself to their strengths, and an ability to put the interests of the team ahead of the narrow, selfish interests of the individual.” Wayne Calloway, CEO, PepsiCo