Tom Talks about the Biology of Leadership–part 1 (first in a series on this topic)

Remember all the buzz about ten or so years ago about “emotional intelligence,” which was a concept pioneered by thinker/author Daniel Goleman and focused on the vital role that empathy and self-knowledge play in effective leadership?

Goleman co-chairs the Consortium for Research on Emotional Intelligence in Organizations, which is based at Rutgers University’s Graduate School of Applied and Professional Psychology. He published a book on emotional intelligence in the late 1990s and got a lot of people thinking about this important subject. Now he and a fellow social scientist, Richard Boyatzis, are looking into a fascinating new area called “social neuroscience,” or the study of what happens in the brain when people interact. According to Goleman and Boyatzis (G/B for easy reference) in a recent article in Harvard Business Review OnPoint (a compendium of selected HBR articles), social neuroscience is “beginning to reveal subtle new truths about what makes a good leader:

“The salient discovery is that certain things leaders do—specifically, exhibit empathy and become attuned to others’ moods—literally affect both their own brain chemistry and that of their followers,” G/B write. “Indeed, researchers have found that the leader-follower dynamic is not a case of two (or more) independent brains reacting consciously or unconsciously to each other. Rather, the individual minds become, in a sense, fused into a single system. We believe that great leaders are those whose behavior powerfully leverages the system of brain interconnectedness.”

Brain interconnectedness?

At first glance this might sound like a campy science fiction novel or maybe a weird cult where everyone drinks acid Kool-Aid before heading off to nirvana in his or her brand new Nikes. But if you read further, G/B make a lot of sense. In fact, many of their assertions reinforce my own ideas about what makes a great leader, which I discuss in my new book “Building a Winning Business.”

I’m going to explore some of the ideas advanced by G/B in this post and a few more that will follow in the coming weeks. If you would like to read more about “Social Intelligence and the Biology of Leadership” be sure to check out the article by the same title in the spring 2011 edition of Harvard Business Review OnPoint (www.hbr.org).

Tom Talks about Philanthropy

Read an interesting story recently about billionaire businessman Theodore J. Forstmann and it got me thinking. Forstman is 71 and he has brain cancer. He has made it his mission to transform a business (the IMG talent agency) he purchased in 2004 into a profitable company with a bright future.

Why would a guy worth billions want to spend his possibly last days on earth worrying about making more money? Does he think he’ll take it with him?

Before you answer, keep in mind that this is someone who helped create the leveraged buyout industry in the 1970s and is credited with coining the phrase “Barbarians at the Gate” to describe his industry.

Not exactly the warm, fuzzy type!

Or maybe he is. Forstman has been quietly supporting children’s groups throughout Africa for years. He also adopted two boys from South Africa more than a decade ago after being invited there to speak by Nelson Mandela.

He has decided to turbo charge his (potentially) last business venture into a money-making machine that can fuel investment in African children for years to come. When a reporter asked him why he was committed to helping kids in Africa, his response was unsentimental and precise: “They’re helpless,” he is quoted as replying.

Most of us never will be worth billions but that doesn’t mean we can’t lend some support to those in need. And as successful business leaders, I think we have a special obligation to share some of our good fortune with others.

That’s why we started the Intertech Foundation in 2003, which provides financial support to families who have terminally ill children and expenses they are struggling to cover. Our grants don’t turn anyone into millionaires but they do ensure that grieving parents can spend precious remaining time taking care of and enjoying their child instead of stressing out about paying bills.

Giving something back on a regular basis is the right thing to do. Don’t wait until you’re in your 70s and facing down mortality to make it part of your business plan.