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Lynn Good of Duke Energy, on Effective Leaders

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Lynn Good, the CEO of Duke Energy, talks about the importance of family and relationships, outside of focus on career goals, after her experience at Arthur Anderson. She worked at Arthur Anderson till its precipitious decline and going out of business. She points out the importance of leading a team and teamwork, about adapting and developing the team, to communicate with the team and help it reach an objective that seems far out. It is not about becoming the smartest person about a particular subject.

Duke Energy

01/10/2011

Grouped Articles

Lynn Good of Duke Energy, on Effective Leaders

New York Times 11/23/2013

Duke, Progress Agree to $13.7 Billion Deal

Wall Street Journal 01/10/2011

Duke and Progress Paint a Colorless Picture

Wall Street Journal 01/11/2011

Duke's Slow Progress to the Altar

Wall Street Journal 04/17/2012

Duke Energy Merger Creates Largest U.S. Utility

New York Times 07/03/2012

Duke Energy Powerplay Provokes an Uproar

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Duke Energy strategies

07/06/2012

Grouped Articles

Lynn Good of Duke Energy, on Effective Leaders

New York Times 11/23/2013

Duke Energy Powerplay Provokes an Uproar

New York Times 07/06/2012

Microsoft and "Stack" or "Forced" Ranking of employees

11/17/2013

Microsoft phases out this system of forced ranking of emplyees and puts in place more frequent feedback for employees from managers. The idea is to encourage teamwork. Ballmer makes this change in 2013 as he prepares to leave Microsoft. CEO Welch introduced the stack ranking system in General Electric and it was a way to rid GE of "underperformers" or those who did not conform to the new CEO's requirements. A professor at UCLA's School of Management sees the evaluation system at companies failing in many respects if it sees the manager's job to evaluate and not to get performance up to a high level by training, motivation and team work. Ballmer sat down for four hours in December 2013 with Alan Mulally to understand how Ford made its comeback and Mulally told him it was teamwork and simplifying the way Ford did things. Welch was addressing a problem not faced by many companies having to fight competition and come up with exciting products and technologies. He was trying to change an old established industrial company quickly- the same approach which did not put highest priority on teamwork would be disastrous for companies needing to fight entrenched competition.

Grouped Articles

Microsoft Abandons 'Stack Ranking' of Employees

Wall Street Journal 11/17/2013

Invasion of the Annual Reviews

New York Times 11/23/2013

Lynn Good of Duke Energy, on Effective Leaders

New York Times 11/23/2013

Dabbling in Microsoft Is Enough for Gates

New York Times 01/22/2014

The Trouble With Grading Employees

Wall Street Journal 04/21/2015

360 Reviews Often Lead to Cruel, Not Constructive, Criticism

New York Times 02/26/2016

The importance of teamwork for managers.

11/23/2013

Grouped Articles

Lynn Good of Duke Energy, on Effective Leaders

New York Times 11/23/2013


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