The Leadership Capital Index - by Dave Ulrich (Hardcover)
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<p/><br></br><p><b> Book Synopsis </b></p></br></br>When it comes to evaluating a firm, leadership matters. <p/> We know that financial outcomes can predict about 50 percent of a firm's market value. Intangibles like strategy, brand, talent, R&D, innovation, risk, and so on account for the rest. But leadership underlies them all. And despite how important we know it is, we've been forced to rely on subjective and unreliable ways to measure its impact--until now. <p/> In this landmark book, leadership scholar, author, and consultant Dave Ulrich proposes a "leadership capital index"--a Moody's or Standard and Poor's rating for leadership. Drawing on research from investors and business leaders, and synthesizing the work of dozens of consulting firms and leadership experts, Ulrich analyzes two broad domains, each comprising five factors. The <i>individual</i> domain includes personal qualities, strategic prowess, execution proficiency, interpersonal skills, and fit between the leader's style and the organization's market promises. The <i>organizational</i> domain encompasses a leader's ability to create customer-focused cultures, manage talent, demand accountability, use information to gain competitive advantage, and set up work processes to deal with change. <p/>Ulrich details rigorous metrics and methods for evaluating leaders on each of these factors. The result is a groundbreaking book that will be of vital interest not only to equity and debt investors but also to boards of directors, executive teams, human resource and leadership development professionals, government and ratings agencies--and of course to leaders themselves.<p/><br></br><p><b> Review Quotes </b></p></br></br><br>"Ulrich isn't just reeling off ideas. He backs them with the sharpest thinking from the Big Four and beyond. And he suggests how entire organisations, including HR, can support leaders in creating and propagating cultures that encourage the right behaviours."<br> <b><i>- Robert Jeffrey in People Management<br> </i></b><br> "No one is born a CEO. There's a full skillset that must be learned over time. Drawing on extensive research, Dave's approach to measuring this special brand of leadership enables investors and executives alike to evaluate and understand the qualities of those who determine a company's culture and ultimate success." <br> <b><i>-- Stephen A. Schwarzman, Chairman, CEO & Cofounder, Blackstone<br> </i></b><br> "It is a delight to read Ulrich's take on leadership. His deep thinking, insights, and analytical ideas have brought much-needed rigor to the practice and processes of leadership. With this book he has begun the crucial journey of more deeply understanding leadership as a vital organizational asset."<br> <b><i>--Lynda Gratton, Professor of Management Practice, London Business School, and author of The Key<br> </i></b><i><br> </i>"In today's digital world with sophisticated metrics, going with your gut on key talent acquisitions can be very hazardous. Ulrich has now introduced some needed rigor into evaluating organizational leadership."<br> <b><i>--William Conaty, Advisory Partner, Clayton, Dubilier & Rice, and coauthor of The Talent Masters<br> </i></b><br> "This is a valuable and practical guide for investors to evaluate the leadership of companies before they invest. For those interested in the discipline of leadership, it is a comprehensive framework to look at leaders--their style and values--and evaluate how they perform. And this is also like version 1 of a useful manual for corporate leaders on how to run their businesses successfully."<br> <b><i>--Dr. Tan Chin Nam, Chairman, Temasek Management Services, and senior corporate adviser<br> </i></b><br> "Leadership was once something you had to have faith in. Dave Ulrich has introduced some science into the mix. It takes some of the guesswork out of figuring out what great leadership really is."<br> <b><i>--Keith R. Read, Senior Managing Director, Cerberus Capital Management, LP, and Cerberus Business Finance, LLC<br> </i></b><br> "Investors who study Ulrich's approach--and employ it--will give themselves an advantage in the ever-tougher challenge of performing in today's markets. The book provides a genuine edge in answering the question, How do we find the better companies? Answer: by finding the better leadership teams."<br> <b><i>--Jim Ware, CFA, founder of the Focus Consulting Group and coauthor of High Performing Investment Teams <p/> <p/> </i></b><i><br> </i><br>
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