Personal Values Book Cover

 

 

Executive Values Book Cover
NOW IN ITS FOURTH PRINTING!!

Purchase Exective Values Executive Values Excerpt Executive Values Reviews Executive Values Reader's Respond

 

 

 

PREFACE

We make a living by what we get, but we make a life by what we give. —Winston Churchill

Two events that took place during the writing of this book have had a profound impact on our organizational and personal lives. The first, of course, was the series of terrorist attacks on September 11, 2001. Like most people who witnessed the tragic events of that day from afar, I was initially overwhelmed with the need to be with the people who are truly the most important to us—in my case my wife and daughter. I was also overwhelmed with a feeling of helplessness and insignificance. I felt called upon to make a difference and help the victims and their families, and I had no idea how to do so. The good that I was accomplishing in my professional career seemed suddenly inadequate in the context of September 11.

Although not nearly as catastrophic, the second event that captured our collective attention during the writing of this book was the Enron fiasco. We witnessed with disbelief the destruction of some $70 billion in wealth that decimated the retirement savings of thousands of Enron employees and punished even more small investors. We were enraged and dismayed as congressional hearings demonstrated proof of an intentional strategy by senior management to misrepresent financial transactions for the purpose of enriching themselves at the expense of those they were entrusted to serve. We felt abandoned by two supposedly premier organizations, Enron and Arthur Andersen, and wondered just whom we could ever trust again. We later discovered that other supposedly premier organizations—Adelphia, Dynergy, Global Crossing, Merrill Lynch, Qwest, Tyco, and WorldCom, to name just a few—had also engaged in greed-driven and unethical activity that enriched those at the top at the expense of employees, customers, and shareholders. Our willingness to trust in such organizations, and the markets in which they operate, was further challenged.

So much destruction and deceit are bound to cause society and individuals to engage in intensive self- and collective examination and reflection. In the months that followed these two events, two important elements of personal and organizational life that had been buried during the economic boom of the 1990s began to slowly resurface. First, many of us came to the realization that we have for too long compartmentalized our lives into work, home, and church, and have applied different standards to each. We have come to see that values, ethics, spirituality—however one chooses to describe them—cannot be checked at the office door. The standards we live by at home, in church, and among family and friends should be incorporated in the workplace. People at all levels of an organization, from the boardroom to the factory floor, are searching to connect their faith and values to their professional lives in a way that brings both personal fulfillment and organizational success.

Second, for-profit and nonprofit organizations alike are reawakening to the age-old idea that values and organizational success are in fact inseparable. In what Alan Greenspan describes as "capitalized reputation," our society is in the midst of creating a new trust-based economy where an organization's value and success is inextricably linked to its reputation.

Numerous post-September 11 and post-Enron conversations with those in the suites, as well as those in the cubicles, revealed that people intuitively understand that values and long-term success are inseparable. What is lacking, however, is a framework or blueprint that provides guidance for taking our "whole selves" to work. Christians, too, often lack the framework and language that will help them put their faith-based principles into practice in the workplace. Despite their good intentions, a myriad of workplace pressures and daily obstacles prevent them from achieving this goal.

Executive Values is a first step in educating Christian organizational leaders on how to incorporate systematically their values into their professional lives. If the golden rule, "Do unto others as you would have them do unto you," had been followed at the highest levels of Enron, Arthur Andersen, and the myriad of other corporations that recently have come under fire for questionable practices, we as a society may have avoided the damaging aftereffects of scandals and congressional inquiries. By following the golden rule at work as well as at home, we can add value to our organization and those around us. We can bring our "whole selves" to work and make a life instead of merely making a living.


Kurt Senske
Austin, Texas
Spring 2003

INTRODUCTION: Doing Well by Doing Good

There is no reason you can't be one of the most successful organizations in the world and one of the most altruistic. There is no inconsistency between those goals. —Jim Collins

This book combines two aspects of organizational leadership not often mentioned in the same breath: getting results, and integrating Christian values within an organization. Leaders of organizations recognize that results matter. Results, in fact, are the sole reason any organization exists, whether in the public or private sector, whether with nonprofit or for-profit status. Yet it seems that modern business practice dictates that organization leaders, in order to achieve profitable results, must keep their professional lives and their lives as faithful Christians separate. Executive Values serves as a road map for incorporating faith and values into everyday organizational life. It demonstrates how doing well and doing good are inextricably linked, and provides a comprehensive strategy for utilizing Christian values to achieve organizational goals.

Results are measured in various ways, depending on the type of organization involved. In a school environment, educational outcomes may be primary; while in a publicly traded company, maximizing shareholder return is foremost. Complicating this is the fact that many organizations have goals that seem contradictory. For example, a hospital exists to provide excellent care for the customer, but its leadership is also responsible for maximizing shareholder return. The pressure created by having multiple goals can lead to confused priorities and seem to force a decision between altruism and financial reality. This in turn makes it difficult for business leaders to consistently apply Christ-centered values as they navigate the minefields of daily organizational life. The "mines" are familiar: budgetary pressures, shortsighted investors, unrealistic sales goals, difficult employee issues, new competitors, and disloyal customers. This book is for the organization leader who is a Christian and who seeks to achieve an organization's stated goals while struggling daily to live out the ideals formed through faith. It is my belief that God does not ask us to have a successful career at the expense of our faith. At work, at home, and at play, I believe that God desires that we strive to pattern our lives after the life and teachings of Christ. Further, I believe that incorporating Christian faith-based values into our daily professional life gives us a competitive advantage. Consistently doing so can have a significant positive impact on your organization and on your personal life.

Executive Values is a "how-to" book designed to help you succeed in your chosen profession without compromising your faith and losing your soul in the process. Jesus warns against seeking worldly recognition and power at the expense of faith: "What good will it be for a man if he gains the whole world, yet forfeits his soul?" (Matt. 16:26).

Executive Values goes beyond theory to practical, everyday advice and insight for implementing faith in effective leadership. It demonstrates, among other things, how Christian values provide a basis for attracting and retaining good employees; creating a Christ-based, effective organizational culture; implementing a successful vision and strategic plan; and successfully balancing career and family life. It also proposes a framework for making decisions in specific situations—like whether to lay off five, fifty, or even five hundred employees in order to increase shareholder value, or how to deal with an ineffective employee whose spouse is ailing with cancer. Do I accept the job offer from another company, and the $50,000 pay increase that comes with it; or do I stay in my present position, where I have been for less than a year? Where do I find the courage to make tough decisions now, when the company is doing well, even though I know that the picture will not be so rosy in the years ahead? How do I choose between going on vacation with my family and handling the emergency that came up at work? In the case of multibillion-dollar companies, decisions made—and their repercussions—can be extremely far-reaching. Leaders face such situations every day. Nike's decision to offer region-specific market wages in developing countries had ethical implications and marketplace consequences. Exxon, in its offshore drilling operations, had to decide what level of pollution was "acceptable" when balanced against global environmental concerns. Firestone and Ford were forced to grapple with the safety level of their products, and with notifying the public about such concerns in a timely manner. All of the leadership decisions related to these issues had global implications.

The framework I propose in the following pages has been developed over the past eighteen years and is drawn from my experience as president and CEO of a $70 million-dollar organization with over 1,200 employees; as an attorney with various Chicago law firms; as a political consultant at the local, state, and national levels; as a college administrator; and as a member of the boards of a Fortune 300 company, a national, religious nonprofit organization, and a national foundation. More importantly, I have relied heavily on what other Christians have taught me about leadership. These are individuals who, for decades, have put their values into action. They are from all walks of life, including small-business leaders, organizational consultants, colleagues, CEOs of Fortune 500 companies, heads of nonprofit organizations, the football coach at a major university, and a U.S. congressional leader. In addition, I have interviewed leaders in both the public and private sectors, taking the "best from the best."

The fundamental purpose of Executive Values is to provide a blueprint for decision making that reflects Christian values in the carrying out of day-to-day responsibilities both at work and at home. The following chapters are divided along the lines of function. I propose a theoretical framework for Christian leadership and examine the experiences of successful leaders. I also present real-life examples of the challenges faced by leaders, along with potential solutions. The book also provides practical guidelines for applying Christian values in typical leadership situations such as implementing a strategic planning process, creating a healthy organizational culture, developing future leaders, holding people accountable, and balancing work and family life.

The topic of this book is vital and relevant. It is through our professional lives that we have the greatest opportunity to make a difference in the world. During our lifetime, each of us will spend from 80,000 to 100,000 of our most productive hours at work, influencing the lives of thousands. And while most of us are diligent about living out our Christian principles at church, at home, and through our volunteer efforts, we are not always as successful doing so at work. This is a book that will help leaders apply the Christian values—nurtured by family, colleagues, and church—to achieve their professional dreams and to attain goals laid out for oneself and the organization. In essence, it will demonstrate that you can, in fact, do well by doing good. My hope is that Executive Values will be of value to you, and an asset to the business community at large.

CHAPTER THREE: Do the Right Thing

You can build a throne with bayonets, but you can't sit on it for long. —Boris Yeltsin

Following the Golden Rule of Leadership means simply to put into practice the axiom that became the title and theme of a Spike Lee movie, Do the Right Thing. This is not only biblically mandated, it is also in the best interest of an organization. This mandate, however, runs counter to the ever-growing economic pressure to emphasize short-term success at the expense of ethical behavior and long-term value. Organizations and their leaders often feel they have no choice but to cut corners, sell a product to someone who does not really need it, use cheaper materials, get by with an insufficient number of employees, or use various accounting tricks as part of a convoluted smoke-and-mirrors strategy.

Still, history has shown that doing the right thing is the only strategy that will create true long-term value. Doing the right thing requires, simply, acting with integrity. To act with integrity, says Stephen Carter, we must first discern what is right and what is wrong in a given situation. Next, we must act on what we have discerned, even if there is a personal cost involved. Finally, we must acknowledge openly that we are acting on the basis of our understanding of what is right and what is wrong.

Christ-based vision acts, on the other hand, can have a positive impact on an organization, as the next two examples demonstrate.

John Mackovic, head football coach for the University of Arizona, earlier in his career had the top coaching position at the University of Illinois. There he inherited a program whose team had a reputation for occasionally playing "outside the rules." Mackovic refused to accept or condone this organizational culture. During his initial spring practice with the team, he talked again and again about the importance of the integrity of the game—how players and staff should conduct themselves both on and off the field—and made it clear that he would not tolerate disregard for the rules. Early in its first season, the team had yet to be tested. During the second quarter in a game against the University of Wisconsin, the Badgers were driving the ball deep into Illinois territory. Twice, on consecutive plays, an Illinois player committed a personal foul in an effort to hurt an opposing player. Mackovic quickly called time out, brought the entire team together, and told them in no uncertain terms, "We, as a team and as individuals, are better than this, and this is not who we are. We are a team of integrity, and we need to respect ourselves before others will respect us." The defensive unit went back out on the field and cleanly stopped the Wisconsin offensive drive in its tracks, and Illinois eventually won the game. Those associated with Illinois football credit Mackovic's rallying speech as the vision act that led to the creation of a culture that lifted up integrity as the cornerstone of its athletic program.

At a recent President's Course offered by the American Management Association, I met an individual who had been hired a couple of years earlier as president of a plant that manufactured large machinery. When he was hired, the plant was financially on the ropes. Two months later he was asked to come down to the assembly line to make a decision. The foreman told him that the welding on a twenty-four-foot, $50,000 trailer was not properly lined up. The foreman said they had two options: The first was to re-weld and paint over the mistake so that the customer would not notice; the second was to leave it, since it did not make a real difference in the final outcome, and, again, hope it would go unnoticed. The new president said there was a third option, and asked for a blowtorch. He fired it up in front of all of the employees and proceeded to cut the trailer in two. The astonished foreman exclaimed, "Now what do we do?" The president replied, "Throw this one on the trash heap and start over!"

The president told me he went back to his office feeling very uneasy because he knew his company could not afford the cost of the wasted materials and labor. Nonetheless, he performed this vision act because he knew that, in the long run, the company would succeed only if it made quality the number-one priority. In the process of driving home his point, the president completely destroyed $50,000 worth of merchandise. But this "cultural story" has been passed down ever since to every new employee. The president finished the story by saying that he has never had another problem with quality at the plant. The lesson we can draw from this is that it pays—professionally and personally—to create our own vision acts and cultural stories. Not every situation is quite that dramatic. The opportunity to create a vision act might be as mundane as correcting a supplier's invoice that mistakenly undercharges us. It is the consistency of our actions, however, that is important. As stated in chapter 2, when it comes to servant leadership, we cannot fake it. In creating a cultural story, we must back the story up with our actions, and this requires a consistent pattern of living and of interaction with fellow employees. It requires sharing the credit whenever possible, remembering that no task is beneath us, letting grudges and personality differences go, not gloating when we are right, not gossiping, and not being afraid to admit when we do not know the answer. In other words, it means acting with integrity and following the golden rule.

 

 

Dr. Kurt Senske
LSSS
P.O. Box 140767
Austin TX, 78714
512-706-7514
senske@senskevalues.com

Copyright 2002 Executive Values. All rights reserved.

Purchase Personal Values Personal Values Excerpt Personal Values Reviews Personal Values Reader's Responses Purchase Exective Values Executive Values Excerpt Executive Values Reviews Executive Values Reader's Respond Purchase Personal Values Purchase Executive Values