The Leadership Capital Index: Realizing the Market Value of Leadership
- 5h 22m
- Dave Ulrich
- Berrett-Koehler Publishers
- 2015
When it comes to evaluating a firm, leadership matters.
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.
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 individual domain includes personal qualities, strategic prowess, execution proficiency, interpersonal skills, and fit between the leader's style and the organization's market promises. The organizational 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.
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.
About the Author
Ranked as the number one management guru by BusinessWeek, profiled by Fast Company as one of the world's top ten creative people in business, and recognized on Thinkers50 as one of the world's leading business thinkers, Dave Ulrich has a passion for ideas with impact. In his writing, teaching, and consulting, he continually seeks new ideas that tackle some of the world's thorniest and longest-standing challenges.
In this Book
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When Leadership Matters to Investors, it Matters More
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Creating a Leadership Capital Index
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Personal Proficiency: Investors Want Leaders with Good Character and Health
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Strategic Proficiency: Investors Want Leaders Who Know Where They are Going
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Execution Proficiency: Investors Want Leaders Who Get Things Done
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People Proficiency: Investors Want Leaders Who Take Care of Their People
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Leadership Brand Proficiency: Investors Want Leaders Who Fit the Requirements of the Situation
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Cultural Capability: Investors Want Organizations with Effective Cultures
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Talent Management Processes: Investors Want Organizations That Manage the Flow of People
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Performance Accountability Processes: Investors Want Organizations That Reinforce Desirable Performance and Behavior
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Information Processes: Investors Want Organizations That Use Information for Impact
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Work Processes: Investors Want Organizations That Govern Work to Cope with Increasing Change
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The Relevance and Use of a Leadership Capital Index
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Putting the Leadership Capital Index into Practice
