The 2017 ALPMA Summit kicked off in Brisbane today with a hugely inspiring keynote presentation from Rod McGeoch AO, distinguished business man, leader of Sydney’s successful Olympics 2000 bid, and Co-Chairman of the Australia New Zealand Leadership Forum.
Rod shared war stories from across his distinguished career ending with his 15 point personal credo, that he has generously agreed to share in this special blog post live from Summit.
Rod's Credo For Leadership
1. You must know your real strengths and weaknesses, not what you or others perceive are your strengths and weaknesses. You must know whether you are at your peak in the mornings in in the evenings. Then plan around your peak performance times.
2. You must be aware that you do not get what you deserve; you get what you negotiate.
3. You must never say “Get it any price.” Get it, and get the best price.
4. Timing is the most important thing; it is the only thing. You know it is better to be approximately right at exactly the right time, than to be exactly right at completely the wrong time.
5. You learn to operate by the 80/20 rule: you expect 80% of the result with 20% of the cost in 20% of the time. By the 80/20 rule, you achieve five times as much as those who strive for perfection.
6. You put your family first and your business second.
7. You read biographies. You seek mentors. You ask yourself what your mentors would do in each situation, not just what they would say.
8. You never apologise for wanting only exceptional people to work for you. And you pay those people well.
9. You congratulate employees publically but criticise them privately. You write 'thank you' notes and send them to your employees’ homes.
10. You put up whiteboards about production figures and costs. After all, how would you like playing in a football game every day with no scores?
11. You never ask anyone to deliver what is beyond them.
12. You do not compete with the economy. The economy is the excuse people use for under performance.
13. You protect your reputation. It is your most important asset.
14. You work long and you work smart. You work five to nine not nine to five.
15. You manage by walking around. You never tire of going to the shop floor where your people are. You ask them what you can do to help them do their job better.
You celebrate success and involve everyone in the celebrations.
You can watch Rod's inspiring presentation (and other presentations from the 2017 ALPMA Summit) - and share this with colleagues at your firm by purchasing the 2017 ALPMA Summit On-Demand package, proudly supported by BigHand.
About Rod McGeoch
Rod McGeoch has had a remarkable career at the forefront of business, sports administration and the legal profession. He unites exemplary senior level management experience with an unparalleled commitment to achievement. Perhaps best known as the leader of Sydney's successful Olympics 2000 bid, he is Chairman or Director of a wide range of major corporations and past Chairman of Corrs Chambers Westgarth, one of Australia's largest law firms.
Rod McGeoch was described in an ABN AMRO report as one of Australasia's most influential Directors; his appointments included Chairman of Vantage Private Equity Group Limited and BGP Investments/Holdings plc. He is also a Director of Ramsay Health Care Limited and a member of the Board of Destination NSW and Sky City Entertainment Group Limited.
He is Co-Chairman of the Australia New Zealand Leadership Forum, a past President of the Law Society of NSW and a Member of the Order of Australia, awarded in recognition of his invaluable services to the legal profession.