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Discovering Your Authentic Leadership

When the 75 members of     a rising stock price. Often their drive enables     problem.” Pottruck then made a determined
Stanford Graduate          them to be professionally successful for a while,   effort to change. As he described it, “I was like
School of Business’s       but they are unable to sustain that success. As     a guy who has had three heart attacks and fi-
Advisory Council were      they age, they may find something is missing         nally realizes he has to quit smoking and lose
asked to recommend the     in their lives and realize they are holding back    some weight.”
most important             from being the person they want to be. Know-
capability for leaders to  ing their authentic selves requires the courage        These days Pottruck is happily remarried
develop, their answer      and honesty to open up and examine their ex-        and listens carefully when his wife offers con-
was nearly unanimous:      periences. As they do so, leaders become more       structive feedback. He acknowledges that he
self-awareness.            humane and willing to be vulnerable.                falls back on his old habits at times, particu-
                                                                               larly in high stress situations, but now he has
                              Of all the leaders we interviewed, David         developed ways of coping with stress. “I have
                           Pottruck, former CEO of Charles Schwab, had         had enough success in life to have that founda-
                           one of the most persistent journeys to self-        tion of self-respect, so I can take the criticism
                           awareness. An all-league football player in         and not deny it. I have finally learned to toler-
                           high school, Pottruck became MVP of his col-        ate my failures and disappointments and not
                           lege team at the University of Pennsylvania.        beat myself up.”
                           After completing his MBA at Wharton and a
                           stint with Citigroup, he joined Charles Schwab      Practicing Your Values and
                           as head of marketing, moving from New York          Principles
                           to San Francisco. An extremely hard worker,
                           Pottruck could not understand why his new           The values that form the basis for authentic
                           colleagues resented the long hours he put in        leadership are derived from your beliefs and
                           and his aggressiveness in pushing for results. “I   convictions, but you will not know what your
                           thought my accomplishments would speak for          true values are until they are tested under
                           themselves,” he said. “It never occurred to me      pressure. It is relatively easy to list your values
                           that my level of energy would intimidate and        and to live by them when things are going
                           offend other people, because in my mind I was       well. When your success, your career, or even
                           trying to help the company.”                        your life hangs in the balance, you learn what
                                                                               is most important, what you are prepared to
                              Pottruck was shocked when his boss told          sacrifice, and what trade-offs you are willing
                           him, “Dave, your colleagues do not trust you.”      to make.
                           As he recalled, “That feedback was like a dag-
                           ger to my heart. I was in denial, as I didn’t          Leadership principles are values translated
                           see myself as others saw me. I became a light-      into action. Having a solid base of values and
                           ning rod for friction, but I had no idea how self-  testing them under fire enables you to develop
                           serving I looked to other people. Still, some-      the principles you will use in leading. For ex-
                           where in my inner core the feedback resonated       ample, a value such as “concern for others”
                           as true.” Pottruck realized that he could not       might be translated into a leadership principle
                           succeed unless he identified and overcame his        such as “create a work environment where
                           blind spots.                                        people are respected for their contributions,
                                                                               provided job security, and allowed to fulfill
                              Denial can be the greatest hurdle that lead-     their potential.”
                           ers face in becoming self-aware. They all have
                           egos that need to be stroked, insecurities that        Consider Jon Huntsman, the founder and
                           need to be smoothed, fears that need to be al-      chairman of Huntsman Corporation. His moral
                           layed. Authentic leaders realize that they have     values were deeply challenged when he worked
                           to be willing to listen to feedback—especially      for the Nixon administration in 1972, shortly
                           the kind they don’t want to hear. It was only       before Watergate. After a brief stint in the U.S.
                           after his second divorce that Pottruck finally       Department of Health, Education, and Welfare
                           was able to acknowledge that he still had large     (HEW), he took a job under H.R. Haldeman,
                           blind spots: “After my second marriage fell         President Nixon’s powerful chief of staff. Hunts-
                           apart, I thought I had a wife-selection prob-       man said he found the experience of taking
                           lem.” Then he worked with a counselor who           orders from Haldeman “very mixed. I wasn’t
                           delivered some hard truths: “The good news is       geared to take orders, irrespective of whether
                           you do not have a wife-selection problem;           they were ethically or morally right.” He ex-
                           the bad news is you have a husband-behavior         plained, “We had a few clashes, as plenty of
                                                                               things that Haldeman wanted to do were ques-

harvard business review • hbr.org • february 2007                                                                     page 4
                                                  Purchased by Ken Hampian (kchampian@charter.net) on March 15, 2013
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