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LEADING THROUGH CULTURE

HOW REAL LEADERS CREATE CULTURES THAT MOTIVATE PEOPLE TO ACHIEVE GREAT THINGS

An illuminating bird’s-eye view of leadership.

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A former bank CEO offers forthright advice in this debut business book.

As CEO of Silicon Valley Bank for a decade, Wilcox faced a series of daunting challenges. He writes in this candid work that “tech was in the doldrums and interest rates were among the lowest in the history of the Fed.” The author had no choice but to lead through tough times, and his experience led him to craft a practical “field manual” to guide other executives. In three succinct but informative parts, Wilcox expounds on leadership principles and qualities, building teams and managing during change, all anchored by a strong emphasis on corporate culture. The book begins with an exploration of leadership motivation; the author asks penetrating questions about readers’ visions, delegation skills, and management styles. Wilcox wisely points out that leaders must not only be authentic and confident, but also vulnerable: “They’re willing to admit to their shortcomings and mistakes. Without this quality, no one can be a true leader.” The author references Gandhi and Lincoln as examples. In the first part of the manual, Wilcox stresses honesty, humility, and collaboration. Part 2 concentrates on leadership fundamentals, including building and steering a team, developing a corporate culture, sharing a vision, executing decisions, and communicating effectively. The author draws liberally on his own experiences, citing numerous examples of what to do and, perhaps more importantly, what not to do. Much of his advice is specific and actionable; for instance, he provides six recommendations for what kind of people to hire, engages in a captivating discussion about “the spectrum of human behavior,” enumerates “The Magic 12” (a list of 12 ways to cultivate trust), and shares “The Four Ds,” a useful process for making decisions.

Part 3 of the book, “Accomplishing Great Things: Revolutionary Leadership,” is a journey into more ambitious, cutting-edge goals. A chapter on managing change demonstrates the author’s deep understanding of organizational behavior. Wilcox writes that employees generally break into three groups when it comes to a company’s direction: those who like it, those who are neutral, and those who object. He wisely suggests that the time many leaders expend trying to convince the unhappy workers to follow the course would be better spent devoted to the happy employees because they’ll help steer the others. A discussion of innovation is insightful; Wilcox supplies eight salient ideas to foster invention, such as “Build a Culture in Which People Will Have the Courage to Speak Out” and “Praise Creativity, Avoid Criticizing Failure.” The appendix focuses on the experience the author had organizing a banking operation in China, delivering a personal, firsthand look at the unique challenges associated with doing business in the country. Wilcox’s perceptive observations about building a “shared culture” should prove invaluable to any leader who has global responsibilities. Throughout the book, he looks back over his senior executive experience with a critical eye, unafraid to reveal his own shortcomings. That, writes the author, is exactly what a great leader should do.

An illuminating bird’s-eye view of leadership.

Pub Date: Feb. 26, 2020

ISBN: 978-1-949003-35-2

Page Count: 228

Publisher: Waterside Productions

Review Posted Online: April 7, 2021

Kirkus Reviews Issue: May 1, 2021

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  • New York Times Bestseller

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POVERTY, BY AMERICA

A clearly delineated guide to finally eradicate poverty in America.

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A thoughtful program for eradicating poverty from the Pulitzer Prize–winning author of Evicted.

“America’s poverty is not for lack of resources,” writes Desmond. “We lack something else.” That something else is compassion, in part, but it’s also the lack of a social system that insists that everyone pull their weight—and that includes the corporations and wealthy individuals who, the IRS estimates, get away without paying upward of $1 trillion per year. Desmond, who grew up in modest circumstances and suffered poverty in young adulthood, points to the deleterious effects of being poor—among countless others, the precarity of health care and housing (with no meaningful controls on rent), lack of transportation, the constant threat of losing one’s job due to illness, and the need to care for dependent children. It does not help, Desmond adds, that so few working people are represented by unions or that Black Americans, even those who have followed the “three rules” (graduate from high school, get a full-time job, wait until marriage to have children), are far likelier to be poor than their White compatriots. Furthermore, so many full-time jobs are being recast as contracted, fire-at-will gigs, “not a break from the norm as much as an extension of it, a continuation of corporations finding new ways to limit their obligations to workers.” By Desmond’s reckoning, besides amending these conditions, it would not take a miracle to eliminate poverty: about $177 billion, which would help end hunger and homelessness and “make immense headway in driving down the many agonizing correlates of poverty, like violence, sickness, and despair.” These are matters requiring systemic reform, which will in turn require Americans to elect officials who will enact that reform. And all of us, the author urges, must become “poverty abolitionists…refusing to live as unwitting enemies of the poor.” Fortune 500 CEOs won’t like Desmond’s message for rewriting the social contract—which is precisely the point.

A clearly delineated guide to finally eradicate poverty in America.

Pub Date: March 21, 2023

ISBN: 9780593239919

Page Count: 288

Publisher: Crown

Review Posted Online: Nov. 30, 2022

Kirkus Reviews Issue: Jan. 1, 2023

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GOOD ECONOMICS FOR HARD TIMES

Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.

“Quality of life means more than just consumption”: Two MIT economists urge that a smarter, more politically aware economics be brought to bear on social issues.

It’s no secret, write Banerjee and Duflo (co-authors: Poor Economics: A Radical Rethinking of the Way To Fight Global Poverty, 2011), that “we seem to have fallen on hard times.” Immigration, trade, inequality, and taxation problems present themselves daily, and they seem to be intractable. Economics can be put to use in figuring out these big-issue questions. Data can be adduced, for example, to answer the question of whether immigration tends to suppress wages. The answer: “There is no evidence low-skilled migration to rich countries drives wage and employment down for the natives.” In fact, it opens up opportunities for those natives by freeing them to look for better work. The problem becomes thornier when it comes to the matter of free trade; as the authors observe, “left-behind people live in left-behind places,” which explains why regional poverty descended on Appalachia when so many manufacturing jobs left for China in the age of globalism, leaving behind not just left-behind people but also people ripe for exploitation by nationalist politicians. The authors add, interestingly, that the same thing occurred in parts of Germany, Spain, and Norway that fell victim to the “China shock.” In what they call a “slightly technical aside,” they build a case for addressing trade issues not with trade wars but with consumption taxes: “It makes no sense to ask agricultural workers to lose their jobs just so steelworkers can keep theirs, which is what tariffs accomplish.” Policymakers might want to consider such counsel, especially when it is coupled with the observation that free trade benefits workers in poor countries but punishes workers in rich ones.

Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.

Pub Date: Nov. 12, 2019

ISBN: 978-1-61039-950-0

Page Count: 432

Publisher: PublicAffairs

Review Posted Online: Aug. 28, 2019

Kirkus Reviews Issue: Sept. 15, 2019

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