Categories
Uncategorized

“Dead Certain”

An insightful review of President George W. Bush’s recently released memoir titled “Decision Points” (George Packer, The New Yorker) paints the ex-president in a harsh light.  Bush, it could be argued, was the quintessential charismatic leader whose word was (sometimes literally) law.  He didn’t hesitate to make decisions (often to the detriment of the country), and often caused a loss of agency for his subordinates. Packer writes, “Bush once told an elementary-school class in Crawford, Texas, ‘Is it hard to make decisions as president? Not really. If you know what you believe, decisions come pretty easy. If you’re one of these types of people that are always trying to figure out which way the wind is blowing, decision making can be difficult. But I find that I know who I am. I know what I believe in.’ For Bush, making decisions is an identity question: Who am I? The answer turns Presidential decisions into foregone conclusions.”  So when it came to decisions about invading Iraq, water-boarding as an interrogation technique, or unlawful surveillance of American citizens, his reasoning was quick and direct, American’s have been hurt by insurgents, therefore the end justifies the means.  He did not consider the moral or practical consequences of his decisions, only the emotional ones.  In striking similarity to Rob Hall’s team on mount everest, Bush’s leadership style was authoritative and over confident.  He planned for the best case scenario and continued on, despite turbulent events, well past the “trun-back point,” and, it could be argued, he got a lot of people killed.

Categories
Uncategorized

Keeping Pabst Blue Ribbon Cool

To this point the class has focused on techniques for generating new ideas and pushing those ideas through the innovation value chain, but we’ve talked little about the judgment required to decide which projects are worth pursuing.  Take Evan and Daren Metropoulos, the new owners of Pabst Brewing.  They appear to have many of the qualities necessary to influential managers and entrepreneurs.  They are enthusiastic evangelists for revitalizing the line of Pabst beer, but they are also poised to alienate the fedora-wearing-fixed-gear-bike-riding-ironic-engine of PBR’s 20% growth in 2009.  They’ve been handed a gold mine but they may destroy it through their innovative marketing schemes.  The question I have is how do you reconcile the need to innovate with a brand where loyalty is based on nostalgia?

http://www.businessweek.com/magazine/content/10_39/b4196062862199.htm