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Obama's Nobel Takes Leadership Back to the Stone Ages

October 13th, 2009 @ 9:46 am

Categories: Best Practices, Board Management, CEO, CEO Succession, Corporate Governance, Executive Focus, Hiring, Management, Metrics, Opinion, Political Economy, Strategy, Wisdom, Workplace

Tags: Results, Barack Obama, Obama, Obama's Nobel, Leadership, Management, Nobel Peace Prize, Jerry Yang, Carly Fiorina, Fidel Castro

On Friday, the Nobel Peace Prize was, for the first time, awarded for words, intentions, and actions that haven’t even begun to deliver results. On the one hand, nobody would question President Obama’s desire for peace and diplomatic intentions toward that end.

But in the real world - diplomatic and business alike - elegant speeches and grand gestures simply do not correlate to desired results. By rewarding intentions instead of waiting for results, the Nobel Committee set an appalling example that takes leadership back to the stone ages.

How many times have leaders and managers captured the imagination of nations and companies but failed to deliver results or, worse still, their good intentions backfired? Carly Fiorina at HP, Jonathan Schwartz at Sun, and Jerry Yang at Yahoo are just a few CEOs who were hired with great fanfare but failed spectacularly to deliver results.

I’m not a political historian, but I’m relatively certain that Fidel Castro’s overthrow of Batista in Cuba was initially applauded both domestically and in the U.S. Likewise, former UK prime minister Neville Chamberlain’s appeasement of nazi Germany wasn’t viewed in real-time the way it is through the prism of history.

Already, management guru’s are heralding the Nobel Committee’s move as representative of a new wave in management, per BNET’s Sean Silverthorne’s Managers Take Note: Obama’s Nobel Prize Rewards Attitude, not Results:

Says Michael Watkins, writing on Harvard Business Publishing:

“Managers should reward people who exhibit the right attitudes … whenever (1) it’s difficult to make a direct connection between actions and measurable accomplishments … and (2) it’s important to encourage people to continue thinking and acting in the right ways, to motivate them to pursue desired goals …”

And that’s a great takeaway. Too often we get hung up as managers rewarding great results rather than great effort. Doing more of the latter should ultimately result in more of the former.

Personally, I was appalled but not at all surprised to hear that Barack Obama had won the Nobel Peace Prize. Appalled because of the message it sends to leaders everywhere. I mean, they do award these things every year, don’t they? Would it have hurt to wait and see how things turn out?

Even Al Gore actually did something, making a movie and getting everyone all riled up over global warming. Of course, I thought he was a wacko at the time, but $140 million in personal wealth later, the man with one of the largest carbon footprints on earth doesn’t seem so nuts anymore.

But I wasn’t at all surprised because, as I wrote just a day before the award in Great Leaders Drive Accountability, not Entitlement, “… this behavior [entitlement and unwillingness to hold people accountable] has been an ongoing trend for decades and multiple generations.”

It’s common for progress of any kind to take an occasional step backward. But it’s our job as leaders and managers to ensure that this retro-trend doesn’t become permanent. But that’s just me. What do you think? Is Obama’s Nobel prize no big deal - even deserved - or a sign of big changes in leadership?

 
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  •  
    1

    CubeRules.com

    10/13/09 | Report as spam

    RE: Obama's Nobel Takes Leadership Back to the Stone Ages

    I don't know where to start on this one.

    Let's look at the merits of the awards first. If you think Al Gore deserved the award for making an movie, he certainly didn't stop global warming. But his leadership and point of view is right and he made great effort without accomplishing his end goal.

    Or Desmund Tutu of South Africa getting the award a decade before apartheid was banned in South Africa. At the time, not the accomplishment we can believe in. But the right effort.

    The Nobel Peace prize has a long record of getting the attitude right. And Barack has certainly changed the attitude America has with the rest of the world from one of a cowboy on the range willing to bring democracy to your country if we don't like you to one where the country is engaged.

    Strong diplomacy is back, not just bomb first and find the WMD's later. That's an accomplishment and an attitude.

    As for business, tell me that a new leader coming into an environment with a new attitude and trying to change a horrible culture isn't a good thing. Yes, in the end, you need the financial results, but it doesn't mean the attitude change doesn't help.

    The CEO's you mentioned were all brought in to change a culture. They did so, but the financial results weren't the best. Yet, Carly (who I don't like...) did the right thing with her purchase. But it took an operational CEO to deliver the business results.

    The other subtle piece here is that you can only get accomplishments from what you can control and your accomplishments are all financial results for the company. If you think you can control a 10% drop in overall consumer spending and still get a 20% increase in your sales, more power to you.

    Most companies are doing stuff to survive -- effort. Huge effort. Not a lot of financial results unless you count the accomplishment as "holding on."

    There is a lot to be said for effort. It takes effort to get to accomplishment. It's not rewarded enough.

  •  
    2

    CubeRules.com

    10/13/09 | Report as spam

    RE: Obama's Nobel Takes Leadership Back to the Stone Ages

    And then there's this:

    "But in the real world - diplomatic and business alike - elegant speeches and grand gestures simply do not correlate to desired results. By rewarding intentions instead of waiting for results, the Nobel Committee set an appalling example that takes leadership back to the stone ages."

    Actually, CEO's provide a perfect backdrop to being rewarded for intentions rather than accomplishments. CEO's get paid handsomely for their intentions, whether they turn into accomplishments or not.

    Take Carly, for example. Despite failing miserably in getting to accomplishment as described here, she was rewarded millions and millions of dollars as part of her severance, more than most of her former employees will make in their lifetimes.

    So there were no accomplishments, just effort and intentions -- unless you consider the accomplishment was to walk away with millions of dollars no matter if there were accomplishments or not.

    Pity Barack. All he gets is a trip to Norway, a nice plaque and $1.2 million to donate to charity. Not up to snuff with current CEO pay practices -- for effort.

  •  
    3

    CubeRules.com

    10/13/09 | Report as spam

    RE: Obama's Nobel Takes Leadership Back to the Stone Ages

    One final one about Al Gore:

    "Of course, I thought he was a wacko at the time, but $140 million in personal wealth later, the man with one of the largest carbon footprints on earth doesn?t seem so nuts anymore."

    The wealth, apparently is OK, but the carbon footprint is not.

    While the "largest carbon footprints on earth" comes from 2006 and his electric bill, there is also this:

    1) Gore?s family has taken numerous steps to reduce the carbon footprint of their private residence, including signing up for 100 percent green power through Green Power Switch, installing solar panels, and using compact fluorescent bulbs and other energy saving technology.

    2) Gore has had a consistent position of purchasing carbon offsets to offset the family?s carbon footprint. Gore?s office explains:

    What Mr. Gore has asked is that every family calculate their carbon footprint and try to reduce it as much as possible. Once they have done so, he then advocates that they purchase offsets, as the Gore?s do, to bring their footprint down to zero.

    So the effective carbon footprint is zero. Most likely better than most businesses and CEO residences out there...

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    4

    jstutsma@...

    10/14/09 | Report as spam

    RE: Obama's Nobel Takes Leadership Back to the Stone Ages

    The Nobel is not an American award and can't be viewed from a strictly American standpoint. When asked what the greatest obstacle to world peace was most people around the world would say the United States - based upon our stated beliefs that we had the right to invade other countries whether they posed a threat to us or not, we had the right to overthrow governments if we didn't like them - no matter what their own citizens thought, etc. Obama did change this - that is his accomplishment - diplomacy is our first choice rather than force when dealing with other nations.

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    5

    mbpatel

    10/14/09 | Report as spam

    RE: Obama's Nobel Takes Leadership Back to the Stone Ages

    Agree with all the previous comments. Also, another theory is that he got Nobel peace prize for keeping Sarah Palin far away from White House. Any proximity of Palin to white house would have given endless nightmares to people and leaders all around the world. Now they all are living peacefully -- at least till 2012.

  •  
    6

    jefjr

    10/14/09 | Report as spam

    RE: Obama's Nobel Takes Leadership Back to the Stone Ages

    The Nobel Committee's award to Barack Obama shocked me for a moment, but as I absorbed the news in comparison with other developments I've witnessed in my lifetime, the shock began to diminish.
    I have experienced as an employee at a Fortune 500 company the grand rhetoric spoken by a new CEO who was 'all about change' as he was anointed by the board of directors. The same 'game changer' exited a few years later with a huge severance package after decimating both the employee population and the stock price, and had the gall to tell those who remained that 'the company's best days were ahead.'
    I wish I didn't have such a negative view, but I don't see any progress on the horizon for future leaders, either. My local school district is currently debating whether to allow high school students with a cumulative 'D' average to be awarded diplomas. Another local high school announced that a recent graduating class would have forty-four students as 'valedictorians', which used to be awarded to the ACTUAL valedictorian.
    With the leader of the free world being stunned with the award of the Nobel Prize, I have decided to order a t-shirt I saw advertised recently which summarizes my state of disillusionment:
    'The decline of Western Civilization leaves me strangely unmoved'

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    7

    rawhite1969

    10/14/09 | Report as spam

    RE: Obama's Nobel Takes Leadership Back to the Stone Ages

    The retro-trend won't continue - great speaches only make money for the speaker and not for the investors. Business is about making money at all costs (not that I agree with that, but it is today's reality). So great speaches have their place, but don't produce dividends for investors.

    Man-made Global warming is a myth. We haven't been on this earth long enough to generate any valid tracking of data that encompasses the length of the cycles.

    The Nobel Peace prize is akin to running for Class President in High School. Its a popularity contest.

  •  
    8

    rmarisbnet

    10/14/09 | Report as spam

    RE: Obama's Nobel Takes Leadership Back to the Stone Ages

    Or perhaps back to the days shortly preceding Rome's demise, when posturing and political correctness within the Senate covered up the massive corruption ensuing in that empire's leadership. This award is nothing more than world power brokers seeking to influence a naive, misguided, or deceived president.

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    9

    Youknowme2

    10/14/09 | Report as spam

    RE: Obama's Nobel Takes Leadership Back to the Stone Ages

    I have lost all respect for the Nobel Peace Prize. Jimmy Carter, failed statesmen winner, Yasser Arrafat - terrorist winner, Al Gore - fraudulent winner and now BO, naive winner. Ronald Reagan won the cold war and brought down the Berlin Wall. George Bush Sr., liberated Kuwait in 100 hours. Don't see them winning jack squat.

    This is all political chicanery with little evidence that the past winners will ever amount to a hill of beans in the long run.

  •  
    10

    stroessler

    10/14/09 | Report as spam

    RE: Obama's Nobel Takes Leadership Back to the Stone Ages

    No matter your view point, something that gets lost is that voting ends February 1st... 11 days after he was in office.

  •  
    11

    Steve Tobak

    10/14/09 | Report as spam

    RE: Obama's Nobel Takes Leadership Back to the Stone Ages

    Interesting comments and opinions.

    CEOs who make a bundle without delivering results are likewise an appalling example of leadership by boards made up primarily of current and past executives.

    ST

  •  
    12

    Oofyprosser

    10/15/09 | Report as spam

    RE: Obama's Nobel Takes Leadership Back to the Stone Ages

    WHAT A CRAZY ARTICLE AND SOME GREAT WELL BALANCED COUNTERPOINTS. AFTER RONALD REAGAN WHO STARTED THE DECLINE OF THE USA AS A SUPERPOWER WITH HUGELY FLAWED ECONOMIC AND FOREIGN POLICY INITIATIVES CAME W WHO SOLIDIFIED THE PHRASE`UGLY AMERICAN'. IF NOTHING ELSE AMERICANS NEED TO THANK BARACK FOR REMOVING THE STIGMA OF BEING CONSIDERED BY THE REST OF THE WORLD AS BEING WORSE THAN NAZIS! THE AMERICAN CONSERVATIVES SEEM TO BE BLIND DEAF AND DUHH TO THE REALITY OF THE MODERN WORLD!

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    13

    mbpatel

    10/15/09 | Report as spam

    RE: Obama's Nobel Takes Leadership Back to the Stone Ages

    @Oofyprosser .... conservatives, reality, rest of the world, modern world ... all in the same sentence? Com'on ... you should know better than that!
    Every time there is snow in Chicago some conservative goes ape proclaiming there is no global warming (though, thankfully they don't claim that after turning on AirCon in their home)! Do you really expect them to care about rest of the world if they can't / don't care to differentiate between "global warming" and "Chicago warming"?

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