The Edge for October 2019
It’s not easy to lead. So we asked business executives to tell us the key qualities commonly found in good business leaders. The secret sauce, so to say. Their answers boil down to three things: Inspire, empower and deliver. Read what the business execs said:
Inspire and Empower
When leaders effectively communicate their vision, it inspires; when they pair that vision with accessibility, it empowers. Successful organizations are driven by leaders with strong communication skills, an open door policy and a compelling vision for the future. These qualities set a tone that motivates existing employees and attracts dynamic new talent; promotes collegiality; and nurtures a ‘one-firm’ mentality where all personnel march in lockstep toward a common goal.
– Daniel A. Schwartz, Managing Member, Chiesa Shahinian & Giantomasi PC
Don’t Micromanage
Successful management boils down to just a few concepts: Show leadership; be open to new ideas; and no matter how great the temptation, do not micromanage. Let those with ideas freely pursue them.
– Gary S. Horan, President & CEO, Trinitas Regional Medical Center
Be Authentic
Operate with integrity and transparency. No one wants to work for someone they don’t trust, or they believe is motivated solely by their own interests. If you want to lead people, truly care about them. Invest in building relationships, coaching, teaching and empowerment. Be authentic. Don’t be afraid to be vulnerable. You’re most relatable when you are yourself versus someone intimidating and unwelcoming. Focus less on proving why you’re in the leadership role, and more on motivating others to succeed.
– Brydget Falk-Drigan, Executive Vice President, Chief Human Resources Officer, Peapack-Gladstone Bank
Deliver on Promises and Build Trust
Every leader casts a huge shadow and the best ones have high standards of integrity. Leaders need to deliver on promises and build trust. In any business, if a customer buys your product, they trust that they are going to get what they paid for. Integrity and genuine interest in the company’s success are significant factors in successful leadership.
– Paul Marden, CEO, UnitedHealthcare of New Jersey
Bristol Myers Squibb announced appointment of Cari Gallman to serve as executive vice president, general counsel and chief policy officer. She succeeds Sandra "Sandy" Leung, who is retiring after a 33-year career at the company. Gallman has held leadership positions at Bristol Myers Squibb for 10 years, most recently serving as executive vice president, corporate affairs.
Kevin R. Gibala, senior vice president and regional vice president at TD Bank, will become chair of the Inspira Health Foundation Board of Trustees after serving as vice chair in 2024, Inspira Health announced.