4 Lessons About Leadership from Gates Foundation CEO Sue Desmond-Hellmann
As CEO of the world's largest charitable organization, Sue Desmond-Hellmann knows a thing or two about leadership. And she's known for a long time. Before joining the Bill & Melinda Gates Foundation in 2014, she was Chancellor of the University of California at San Francisco (UCSF), and before that she was president of product development at Genentech, making her a recognized leader in areas as diverse as higher education and public health.
Make no mistake: she's got this leadership thing down.
In January, Sue Desmond-Hellmann sat down for a talk with Stanford Graduate School of Business and openly dished on her experiences and offered lessons she learned as tips for the next generation of entrepreneurs and leaders. Here are four great lessons from the talk.
1. As an innovator, failure is par for the course.
"It's a key part of leadership to have an environment that accepts failure and welcomes failure and encourages people to take risks. And so the most important part of leading an innovative environment for me is enabling people to seek the truth and tell you the truth."
2. Efficient leaders are clear about their objectives.
"I think one of the most efficient ways for people to lead is to be really clear about what you're asking of people and what the outcomes are."
3. Manage yourself so that you can be happy.
"Nobody is going to understand as well as you do how much sleep you need, how much fun you need, how much exercise you need, what you should eat, who you should surround yourself with. So, manage yourself so that you can be happy."
4. Be fierce.
"Many overachievers feel like, ‘Oh my God, I need more work-life balance,' or ‘I need to be easier on myself,' or ‘I need to get more sleep.' I honestly think you don't get great things without trying hard. There's something really special about being fierce when you're doing something important or you want to create something special."
Watch the entire discussion with Sue Sue Desmond-Hellmann:
READ MORE FROM AMERICAN COMMERCIAL CAPITAL
If you need a little inspiration and motivation to start your week, here are five videos that we hope will help. We've got Gary Vaynerchuk discussing what makes a great manager, Evan Carmichael laying out seven habits of successful people, and Ryan Meczyk of Norman Distribution on engaging with your customers and the importance of small wins. Plus, Patrick Bet-David goes over the 10 dumbest mistakes entrepreneurs make with money and two Stanford Graduate School of Business professors discuss the power of storytelling in building a successful brand. Read more
This week's roundup of helpful videos for entrepreneurs and small-business owners includes Gary Vaynerchuk and Jessica Alba on building a business empire, Brian Tracy on the three biggest leadership mistakes people make (and how to avoid them), and Brendon Burchard on how to stay motivated. Then Marie Forleo takes staying motivated one step further and delves into finding the courage to keep going when you feel like throwing in the towel. Finally, Evan Carmichael presents the Top 10 Rules of Success for entrepreneur, bestselling author, and TV personality Mel Robbins. Read more
This week, Gary Vaynerchuk hashes out YouTube channel advice and wine business strategy, Brian Tracy lays out some effective time-management tips, and Jason Saltzman (CEO of Alley NYC) talks about how he achieved success only after several of his business ideas crashed and burned. Plus, several tech industry leaders offer up some great marketing tips and Inc. runs down the list of five business books that Mark Cuban says every entrepreneur should read. Yes, even you. Read more