Return on character fred kiel pdf
Return on Character: The Real Reason Leaders and Their Companies Win by Fred KielDoes the character of our leaders matter?
You may think this question was answered long ago. Countless business authors and analysts have assured us that great leadership demands great character. Time and again, we’ve seen that truth play out, as once-thriving organizations falter and fail under the guidance of leaders behaving badly. Why, then, do so many executives remain skeptical about the true value of leadership character? A winning strategy and a sound business model are what really matter, they argue; character is just the icing on the cake.
What’s been missing from this debate is hard evidence: data that shows not only that leadership character matters for organizational success, but how it matters; and concrete evidence that it leads to better business results. Now, in this groundbreaking book, respected leadership researcher, adviser, and author Fred Kiel offers that evidence—solid data that demonstrates the connection between character, leadership excellence, and organizational results.
After seven years of rigorous research based on a landmark study of more than 100 CEOs and over 8,000 of their employees’ observations, Kiel’s findings show that leaders of strong character achieved up to five times the ROA for their organizations as did leaders of weak character.
Return on Character goes on to reveal:
• How leadership character is formed, how it creates value, and how that value spreads throughout the organization
• How low-character leaders undermine the success of even the best business plans
• How leaders at any level can develop the habits of strong character and “unlearn” the habits of poor character
The book also provides a character-building methodology—step-by-step advice and techniques for assessing your own character habits and improving your performance and that of your organization.
Return on Character provides the blueprint for building your own leadership character and creating a character-driven organization that achieves superior business results.
Everyone Profits from the Return on Character
Kiel cofounded a consulting firm called KRW International, which set out nine years ago to interview 84 CEOs and their executive teams in depth while also polling some 8, employees. Throughout, Kiel comes off as a generous sage, not as a profit-seeking consultant. The survey included Fortune , private, and nonprofit companies. So Kiel discusses how the researchers came to define the word as being innately tied to integrity, responsibility, forgiveness, and compassion. And it was those behaviors that the researchers sought to measure.
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But is the opposite also true? Do highly principled leaders and their organizations perform especially well? The researchers found that CEOs whose employees gave them high marks for character had an average return on assets of 9. Character is a subjective trait that might seem to defy quantification. Drawing on that list, they identified four moral principles—integrity, responsibility, forgiveness, and compassion—as universal. Then they sent anonymous surveys to employees at 84 U.
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Why, then, achieve this many executives stay skeptical concerning the real price of management personality? A successful approach and a valid company version are what actually matter, they argue; personality is simply the icing at the cake. Now, during this groundbreaking ebook, revered management researcher, adviser, and writer Fred Kiel bargains that evidence--solid information that demonstrates the relationship among personality, management excellence, and organizational effects. After seven years of rigorous learn in keeping with a landmark research of greater than a hundred CEOs and over 8, in their staff' observations, Kiel's findings express that leaders of sturdy personality accomplished as much as 5 instances the ROA for his or her companies as did leaders of susceptible personality. The e-book additionally presents a character-building methodology--step-by-step suggestion and methods for assessing your personal personality conduct and bettering your functionality and that of your company.