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
In this week’s roundup of great videos for entrepreneurs and business owners, Sunny Lenarduzzi discusses the finer points of managing a global team, Craigslist founder Craig Newmark talks about early mistakes he wishes he had avoided, and Patrick-Bet David recommends five books that every entrepreneur should read this summer. Plus, Google CFO Ruth Porat gives an excellent hour-long discussion at Stanford Graduate School of Business and Gary Vaynerchuk has a…
If you’re a Houston-based entrepreneur who has been searching for ways to improve your business cash flow and get the capital you need to grow, chances are you’ve come across a dozen Houston factoring companies who all claim to be the answer to all your problems. Invoice factoring, for those who don’t know, is when a business sells its accounts receivable (invoices) to a third-party company at a discount. Factoring…
In this week’s business video roundup, Patrick Bet-David explores 10 characteristics that make great CEOs, Gary Vaynerchuk has an illuminating roundtable with business owners in Nashville, and the CEO of Daybreaker talks about how one major failure ultimately led her to great success. Also on deck: CNBC explores why General Motors finally left Europe after suffering 20 years of losses and the CEO of dating app Hinge reveals one big…