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Maslow's Hierarchy of Needs
Describes human motivation progressing from basic survival to self-fulfillment: physiological → safety → belonging → esteem → self-actualization.
Physiological Needs
Basic survival needs such as food, water, and shelter.
Safety Needs
Security, protection, and stability in environment and job.
Belonging and Love Needs
Friendship, family, relationships, and social acceptance.
Esteem Needs
Recognition, respect, status, and feeling accomplished.
Self-Actualization Needs
Fulfillment of potential, creativity, growth, and purpose.
Principle-Centered Living
Leading a life based on meaning, purpose, contribution, and service rather than ego or status.
Circle of Concern
Things outside of your control (e.g., weather, economy, others' opinions).
Circle of Influence
Things within your control (e.g., habits, effort, skills, attitude).
Proactive Person
Focuses energy inside Circle of Influence, leading to growth and confidence.
Reactive Person
Focuses energy outside Circle of Influence, leading to stress and blame.
Levels of Leadership
Three stages: Dependent → Independent → Interdependent.
Dependent Leadership
Needing direction from others; cannot act alone.
Independent Leadership
Self-reliant, takes initiative, owns results.
Interdependent Leadership
Collaborates with others to achieve shared success.
Goal of Leadership Development
Move from dependence to independence to interdependence.
Emotional Bank Account
Metaphor for trust—each action adds (deposit) or subtracts (withdrawal) from relationships.
Deposits Examples
Kindness, keeping promises, listening, showing respect, apologizing when wrong.
Withdrawals Examples
Breaking promises, being rude, ignoring, blaming, showing disrespect.
Leadership Application of EBA
Trust builds strong teams; withdrawals damage credibility and relationships.
LIV Golf vs. PGA Tour
LIV Golf (new, Saudi-backed, innovative) challenged PGA (traditional monopoly).
LIV Golf Innovations
Guaranteed pay, team format, shorter tournaments, global appeal.
PGA Tour Weaknesses
Slow to innovate, overconfident monopoly, exclusionary tactics.
Leadership Lesson from LIV Case
Adapt early, communicate openly, and innovate to stay competitive.
PGA's Leadership Mistake
Too defensive and reactive; failed to engage or collaborate.
Should PGA Merge or Compete?
PGA should explore cooperation or merger to regain trust and innovation edge.
Key Leadership Concept from LIV Case
Balance innovation with credibility and transparency.
Chilean Mine Rescue Summary
33 miners trapped for 69 days; global rescue showcased leadership under uncertainty.
Leadership Lesson from Mine Rescue
Modern leaders must both execute and experiment simultaneously.
Ambidextrous Leadership
Ability to perform efficient execution and creative innovation at the same time.
Adaptive Leadership
Flexibly adjusting approach based on changing conditions or new information.
Systems Thinking
Coordinating across many teams and disciplines toward one shared goal.
Psychological Safety
Creating an environment of trust and open communication where people can speak up.
Rescue Key Challenges
Uncertainty, time pressure, simultaneous problem solving, emotional management.
Envision Task
Defining purpose and direction; providing hope and clarity (Sougarret and Piñera).
Enroll Task
Building the right coalition and coordinating experts (NASA, Navy, drillers).
Engage Task
Executing through disciplined routines and rapid learning (Plans A, B, and C).
Mine Rescue Leadership Takeaway
Balance command and collaboration, optimism and realism, structure and flexibility.
OpenAI Boardroom Battles
OpenAI board fired CEO Sam Altman; conflict over governance, autonomy, and transparency.
Governance Friction in OpenAI
Board sought more oversight and safety control while Altman pursued faster commercialization.
Root Issue in OpenAI Case
Power imbalance between innovation freedom and ethical accountability.
Aftermath of Altman's Firing
Employee revolt, investor backlash, Altman reinstated, and board restructured.
Leadership Concept: Governance vs. Management
Boards ensure oversight and values; executives execute strategy.
Board Independence and Legitimacy
Boards need technical, ethical, and strategic expertise for credibility.
Stakeholder Leadership in OpenAI
Balance needs of employees, investors, regulators, and the public.
Ethical Tension in AI
Advancing powerful technology vs. ensuring safe and responsible use.
Balancing AI Innovation and Safety
Use transparency, external audits, and staged rollouts to align ethics and progress.
OpenAI Leadership Takeaways
Emphasize trust, stakeholder engagement, and strong ethical governance.
Disney Case Overview
Bob Iger grew Disney into a global entertainment powerhouse; Chapek's brief tenure reversed course; Iger returned to stabilize.
Iger's Three Strategic Pillars
1) High-quality branded content 2) Embrace technology 3) Global expansion.
Iger's Acquisitions
Pixar, Marvel, Lucasfilm, and 21st Century Fox to strengthen IP ecosystem.
Disney+ and Streaming
Launched through BAMTech acquisition to expand into digital distribution.
Chapek's Leadership Changes
Centralized control via DMED; limited creative freedom; raised park prices.
Why Chapek Was Fired
Financial underperformance, poor communication, and creative frustration.
Iger's Return Strategy
Decentralized creative control, restructured around ESPN, Parks, and Entertainment, focused on streaming profitability.
Disney Leadership Concepts
Clarity, creativity, stakeholder balance, and resilience during crises.
Disney's Strategic Challenges
Streaming profitability, ESPN digital shift, creative fatigue, activist investors, park monetization balance.
Recommendations for Iger
Reinvest in creativity, bundle streaming tiers, enhance storytelling, strengthen stakeholder trust.
Habit 1: Be Proactive
You have the power to choose your response to any situation.
Response-Ability
The ability to choose your reaction instead of being controlled by emotions.
Habit 2: Begin with the End in Mind
Know your goals; visualize success before taking action.
Habit 3: Put First Things First
Prioritize important, long-term goals over urgent distractions.
Habit 4: Think Win-Win
Seek mutual benefit in all interactions; cooperation beats competition.
Paradigm Shift
A change in perspective or worldview; seeing old problems in new ways.
Viktor Frankl Lesson
Even in suffering, you can choose your attitude and response.
Management vs. Leadership
Matrix balancing urgency (management) and importance (leadership).
Emotional Intelligence
Understanding and managing emotions to build better relationships.
Adaptive Leadership (Review)
Adjusting style and decisions to fit context and uncertainty.
Ambidextrous Organization (Review)
Simultaneous focus on innovation (explore) and execution (exploit).
Stakeholder Leadership (Review)
Recognizing all parties affected by decisions, not just shareholders.
Crisis Leadership (Review)
Leading calmly and decisively during uncertainty or failure.