Thursday, March 6, 2008

4 Attributes of Successful Leaders

I attended an interesting talk last night by Egon Zehnder executive Claudio Fernandez Araoz, author of "Great People Decisions." He suggests there are 4 attributes of a successful leader:

1) Genetics - health and IQ, to name but a few
2) Place/Era - if you are in China, things are good right now (if in sub-prime mortgage industry, not so much)
3) Career Choice - the quality of the companies that you keep
4) Ability to hire good people

His talk make good points that companies spend lots of time on certain activities (e.g. accounting, budgetting) but not nearly enough on the process of hiring people.

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