Leaders and Strategies in Real Life: 1/22/19

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Instead of studying leadership, why not spend some time studying leaders and strategies in the wild? You can learn a lot from leadership experts, but you always see the leader and what he or she does through the expert’s personal lens. Supplement that learning with studying real leaders in real life situations and draw your own conclusions. The posts in this series will help you.

Every week I’ll point you to articles by and about real leaders in real situations and to articles about how real companies are faring in the marketplace. Read them. Think about them. Draw your own lessons and conclusions from them. Then try to apply those lessons in your own real life.

This week I’m pointing you to articles about Jay Stein, the razor business, Elon Musk, Verizon, and John Bogle.

From Patrick Gorman: Dream Hotel Group CEO Jay Stein On Managing Rapid Growth

“Jay Stein, CEO of Dream Hotel Group has managed Dream Hotel Group through a lot of growth over his 25-plus-year career with the company. This year Dream Hotel Group is projected to triple in size (predominantly through management deals), is expected to see 229% growth from 2016 through 2020.”

From Kaitlyn Tiffany: The absurd quest to make the “best” razor

“The $3.5 billion shaving industry is secretive and litigious — and disrupting itself silly.”

From Charles Duhigg: Dr. Elon & Mr. Musk: Life Inside Tesla’s Production Hell

“The young Tesla engineer was excited. Ecstatic, in fact. It was a Saturday in October 2017, and he was working at the Gigafactory, Tesla’s enormous battery manufacturing plant in Nevada. Over the previous year, he had been living out of a suitcase, putting in 13-hour days, seven days a week. This was his first real job. And now a colleague had tracked him down to say that Elon Musk—Elon Musk!—needed his personal help.”

From Simon Owens: Verizon Made a $9 Billion Bet on Digital Media. Here’s Why It Failed.

“Many within the media industry weren’t exactly surprised when Verizon announced this week that it was seeking a massive write-down on AOL and Yahoo.”

From Amie Tsang: 5 Pieces of Advice From John Bogle

“The founder of Vanguard, who died on Wednesday, changed how ordinary people invested. Here are some of his tips.”

Wally’s Comment: This is a good time to read John Bogle’s classic book, Enough: True Measures of Money, Business, and Life. I dip into it regularly.

For some ideas about how to get more from this series of posts, check out “Studying Leaders in the Wild.

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