Bob Iger has been the CEO of the Walt Disney Company for 16 years with decades spent there and its subsidiary ABC. He was crowned as the Time 2019 businessperson of the year.
These are the leadership traits he has found most important according to his 2019 memoir, "The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company."
1. Optimism
Iger sees it as a pragmatic enthusiasm for what can be accomplished. "People are not motivated or energized by pessimists."
2. Courage
"True innovation occurs only when people have courage." Its true in many types of business decisions. It is also at the heart of productive risk taking. He also says, "Fear of failure destroys creativity. "
3. Focus
It is allocating resources to what is most important. "It is imperative to communicate your priorities clearly and often."
4. Decisiveness
"Chronic indecision is not only inefficient and counterproductive but deeply corrosive to morale."
5. Curiosity
Bob believes curiousity leads to the discovery of "new people, places and ideas as well as an awarness and an understanding of the marketplace and its changing dynamics."
He goes on, "The path to innovation begins with curiosity."
6. Fairness
Fair treatment of people is key to effective leadership. "Fear and anxiety discourage communication and innovation." He highlights the need for empathy and accessibility. "Nothing is worse to an organization than a culture of fear."
7. Thoughtfulness
"It is one of the most underrated elements of good leadership," he says. It entails taking the time and gaining the knowledge so that the best decision can be made and informed opinions can be formed.
8. Authenticity
It is the precursor for trust and respect. Iger values being genuine and honest. "Don't fake anything."
9. Relentless pursuit of perfection
He defines it as a refusal to accept mediocrity. "If you are in the business of making things, be in the business of making things great."
10. Integrity
Finally, he believes the integrity of people and product is the most important thing. High ethical standards determines its success. "The way you do anything is the way you do everything."