Tim Sanders, Leadership Coach at Yahoo!, was the opening keynote speaker at my company's DigitalNow conference last month. Some bits & pieces I scribbled down...
People, Culture & Process
Studied where companies spent their money and what return they got for it across a number of areas. Found that companies spend over 92% on Technology and Information while only getting back 25%. Whereas over 1/3 of the return companies received came from investments in People, Culture & Process.
End Suffering = Happiness
If you work to end the suffering of your customers (solve problems) you will make them happy. You do this through Knowledge, Network, and Compassion. In each area you must be selfless in the act, for example, "true" networking involves putting people together and then disappearing. Do not expect to get something out of it (no free lunch) — you must delight in simply putting people together. Success will come from that.
Read Books
Reading on screen taps into the creative side of your brain while reading print taps into the logical side. We learn and retain more from reading print. Sanders surveyed executives and found they do not read enough books. The successful execs read extensively.
Leadership
Focus on abundance ("I Have") versus scarcity ("I Lack"). Sanders loves Google because they raise the market; they have abundance. The goal of leadership is to have followers. A Chinese proverb states "If you do not have followers. you're just taking a walk."
Young vs. Old
Cisco created the concept of "Digital Immigrant" and "Digital Native". Kids tend to be natives — they are comfortable with technology, juggling multiple IM windows. Adults tend to be immigrants however, they are better because they have a higher emotional intelligence and focus on looking and finding. There is also a paradigm shift with the younger generation from ownership goals (home, debt-free) to experience goals (work for someone I like, travel). Some companies get this, for example SAS Institute has a 35-hour work week.
Video clips from the keynote are online.