The Integrity Dividend: Leading by the Power of Your Word

Corporate and government scandals continue to deepen our mistrust of leaders. While credibility is the foundation of effective leadership, most leaders struggle, and sometimes fail, to align their words and their actions. Now for the first time, leadership expert Tony Simons has measured the bottom-line value of business leaders who live by their word and actually do what they say they are going to do. In The Integrity Dividend, Tony Simons shows how leaders? personal integrity drives the profitability and overall success of their organization. This groundbreaking book is based in on solid research and reveals that businesses led by managers of higher integrity enjoy deeper employee commitment, lower turnover, superior customer service, and substantially higher profitability. This improved performance is the integrity dividend.

Simons conducted dozens of focus groups, surveyed thousands of employees, collected financial and operational numbers, and interviewed over 100 senior executives and executive coaches. The book lays out the research clearly and provides proven tools for managing common integrity challenges. It offers guidance for building individual credibility and for creating an organizational culture of integrity and accountability. Throughout, Simons uses real-world insight and stories drawn from senior executives, line managers, and coaches.

The Integrity Dividend is a fresh view of leadership at a time when it is most needed.

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Title of ebook: The Integrity Dividend: Leading by the Power of Your Word
ISBN: 9780470445211
parent-ISBN: 9780470185667
Publisher: John Wiley & Sons, Inc.
Internet download file size: 488 kb
Pages: 256
Published: 10-2008
Released online for download: 10-14-2008
Author of eBook: Simons, Tony

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The Integrity Dividend

Leading by the Power of Your Word

Chapter One

The Dollar Value of Your Impeccable Word

Stan Myers, president and CEO of SEMI, a global semiconductor industry association, tells the following story about the impact of keeping his word. When he was CEO of Mitsubishi Silicon America, he had to move his R&D department from the San Francisco Bay area to Salem, Oregon. Many employees were not interested in moving, so he offered an incentive: a retention bonus to people who would stay the full eight months until the move and help to recruit their replacements. If they took another job before the eight months, they would still get a severance package but not the retention bonus. One young engineer, Alan, got another job, did not get his retention bonus, and finance did not pay him his legitimate severance of several thousand dollars. He never asked for it. About a year later, Stan, the CEO, learned about the mistake. He had his people cut the check, found and visited Alan's new workplace, and asked the president of the company to bring Alan ... read full excerpt from The Integrity Dividend: Leading by the Power of Your Word ebook

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