Morten Hansen is a professor at University of California, Berkeley, and at INSEAD, France. He was previously a professor at Harvard Business School for a number of years. Prior to joining Harvard University, Hansen obtained his Ph.D. from the business school at Stanford University. In addition to his academic career, Hansen was a management consultant with the Boston Consulting Group in the London, Stockholm and San Francisco offices. He was part of the research teams for the international best-selling books Built to Last and Good to Great. Hansen’s research on collaboration has won several prestigious awards, including the best article awards from Sloan Management Review and Administrative Science Quarterly, the leading academic journal in the field. Several of his Harvard Business Review articles have been bestsellers for a number of years. He regularly consults with companies on collaboration and gives keynotes at leadership conferences. His new management book is Collaboration: How Leaders Avoid the Traps, Create Unity, and Reap Big Results (Harvard Business School Press, 2009) and, more recently, Great by Choice: Uncertainty, Chaos, and Luck–Why Some Thrive Despite Them All, co-authored with Jim Collins (HarperBusiness, 2011). A native of Norway, Hansen holds a Master’s degree in finance from London School of Economics, and a Ph.D. in Business Administration from Stanford University where he was a Fulbright scholar.
To watch an interview of Morten during which he shares his thoughts about “How Great Leaders Make Their Own Luck” please click here.
To read my interview of Morten and Jim Collins, please click here.
Last Friday, I presented my synopsis of the new Jim Collins and Morten T. Hansen book, Great by Choice: Uncertainty, Chaos, and Luck – Why Some Thrive Despite Them All. It is a great addition to the Jim Collins canon.
Jim Collins is a vocabulary creator. In his earlier books, he introduced hedgehog circles, and Level 5 Leadership, among other terms. In this new nook, he continues his tradition. So here is a Great by Choice glossary, to help you when you run across these terms.
• A Great by Choice Glossary:
1) 10Xers – companies that beat their industry, over the long haul, by at least 10 times
2) 20 Mile March – a set, pre-decided “advance,” on schedule (Learned from the daily goal of Roald Admundsen’s team, which trekked a set, pre-determined distance every day, on their way to the South Pole)
3) SMaC – Specific; Methodical; and Consistent
4) Bullets and Cannonballs – Bullets – an empirical test aimed at learning what works, it meets three criteria: low cost; low risk; low distraction. Cannonballs: big cost, big risk, big focus/energy/distraction.
Two kinds: Callibrated (based on empirical validation)
vs. Uncallibrated (you don’t want many of these!)
5) The Death Line – the end, with no coming back. (you don’t want this – “duh!”)
6) Luck – there’s good luck, there’s bad luck. And it is in the response to bad luck that the tale is told… – ROL – Return on Luck.
The new Jim Collins and Morten Hansen book, Great by Choice: Uncertainty, Chaos, and Luck – Why Some Thrive Despite Them All, and the significant “how is the internet affecting our brains” book, The Shallows, will be our two selections of the November 4 First Friday Book Synopsis.
I will present the synopsis of the new Collins and Hansen book. When Jim Collins comes out with a new book, it is a big deal. And this new book, just out, is already generating interest and buzz. And Karl Krayer will present the synopsis of The Shallows. This was selected as the title for the Dallas Morning News reading focus this year. It asks some very serious questions about the impact of the internet on our brains.
These will be valuable and useful presentations. So, if your schedule is free, come join us on Friday, November 4. You can reserve your spot through the link on our home page.
And, I will also present a “bonus program,” immediately following our usual event. This will go from 8:30 to about 9:45. Prompted by the ongoing financial crisis and uncertainty, I will provide key insights from an array of important and best-selling books:
Is This Time Really Different?
Based on a compilation of the key thoughts about the great financial crisis facing our country and the world,
from a number of best-selling books, including:
That Used to Be Us; Boomerang; This Time Is Different;
The Great Stagnation; The Big Short; All the Devils are Here, and others
• Note: The November First Friday Book Synopsis is sponsored by
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Randy Mayeux has already shared his choices and all are eminently worthy, to which I presume to add a few others.
Please keep in mind that this list is (as are Randy and I) a work in progress.
The Right Values
True North by Bill George and Peter Sims
The Executive’s Compass by James O’Toole
The Highest Goal by Michael Ray
The Heart Aroused by David Whyte
The Right Strategy
The Opposable Mind by Roger L. Martin
Mastering the Rockefeller Habits by Verne Harnish
The Art of War by Sun Tzu
Unstoppable by Chris Zook
Enterprise Architecture as Strategy by Jeanne Ross, Peter Weill, and David Robertson
Fierce Leadership by Susan Scott
Encouraging the Heart by James Kouzes and Barry Posner
Maestro by Roger Nierenberg
True North by Bill George and Peter Sims
Words that Work by Frank Luntz
Made to Stick by Chip Heath and Dan Heath
Influence by Robert Cialdini
The Back of the Napkin and Unfolding the Napkin by Dan Roam
Crucial Conversations by Kerry Patterson, Joseph Grenny, Ron McMillan, and Al Switzler
Functional & Effective Teamwork
The Five Dysfunctions of a Team by Patrick Lencioni
Organizing Genius by Warren Bennis and Patricia Ward Biederman
Collaboration by Morten Hansen
Team of Rivals by Doris Kearns Goodwin
Cultivating Creativity and Innovation
The Creative Habit by Twyla Tharp
Where Good Ideas Come From by Steven Johnson
Freedom, Inc. by Brian M. Carney and Isaac Getz
The Idea of Innovation and The Ten Faces of Innovation by Thomas Kelley
Six Thinking Hats by Edward De Bono
Hare Brain, Tortoise Mind by Guy Claxton
Execution by Larry Bossidy and Ram Charan
Reality Check by Guy Kawasaki
The Other Side of Innovation by Vijay Govindarajan and Chris Trimble
Open Innovation and Open Business Models by Henry Chesbrough
Plus two additional categories:
Handbook of Leadership Theory and Practice co-edited by Nitin Nohria and Rakesh Khurana
The Talent Masters by Bill Conaty and Ram Charan
The Center for Creative Leadership Handbook of Leadership Development co-edited by Ellen Van Velsor, Cynthia D. McCauley, and Marian N. Ruderman
Extraordinary Leadership co-edited by Kerry Bunker, Douglas T. Hall, and Kathy E. Kram
Employee Engagement & Talent Management
A Sense of Urgency and Buy-In by John Kotter
The Art of Engagement by Jim Haudan
Engaging the Hearts and Minds of All Your Employees by Lee J. Colan
Growing Great Employees by Erika Andersen