Business historian Richard Tedlow explains why charismatic founders often behave cruelly toward individual subordinates.
0:00 / 0:27exact quote · 27.8s
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“They feel that their mission is so important that We're saving the world. We're transforming the automobile. We're landing on Mars. I mean, you name it. That they have the right to be cruel to people who are not performing to the specs that they think they deserve. They feel that their goals are so lofty, and that they themselves are so vital to the future of the human race.”
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More from Richard Tedlow
Opinion
Tedlow: Lee Iacocca was a backward-looking CEO who saved redundant Chrysler
“Iacocca, in many ways, was a backward-looking CEO. I mean, he saved a company that there really wasn't any room for anyway.”
Richard TedlowNov 15, 2021▶ 28:25Richard Tedlow - Charismatic Business Leadership (Capital Allocators, EP.222)
Insight
Tedlow: Charisma is not binary and can be learned through coaching
“I think Steve Jobs was born. I don't think you can study to become Steve Jobs. I would say the same about Elon Musk. But that said, I do not believe that charisma is digital. I don't believe that you either have it or you don't. Because I've seen enough people…”
Richard TedlowNov 15, 2021▶ 32:34Richard Tedlow - Charismatic Business Leadership (Capital Allocators, EP.222)
PredictionNot checkable as stated
Tedlow: The need for charismatic leadership will increase as knowledge work grows
“I think that the need for charisma is actually going to increase, not decrease, and here's why. The people who are going to create whatever it is that's coming down the pike are going to be knowledge workers, and they're going to have to be really smart. If yo…”
Richard TedlowNov 15, 2021▶ 38:44Richard Tedlow - Charismatic Business Leadership (Capital Allocators, EP.222)
Opinion
Tedlow: Public reaction to Steve Jobs's death was unprecedented in American history
“Because there has never been in American history a reaction to the death of a CEO the way the country, and indeed the whole world, reacted to the death of Steve Jobs. I mean, there were people, Ted, you may remember this if you were walking past an Apple store…”
Richard TedlowNov 15, 2021▶ 13:13Richard Tedlow - Charismatic Business Leadership (Capital Allocators, EP.222)
Insight
Tedlow: Charisma is dangerous because it encourages followers to park reason
“Adolf Hitler was an example of the charisma of hate, so it's got a lot of sides to it, but what it really does is it encourages you to park your reason and say, I'm going to bet on this person. That's dangerous, and I don't think it's going to go away.”
Richard TedlowNov 15, 2021▶ 40:23Richard Tedlow - Charismatic Business Leadership (Capital Allocators, EP.222)
AssertionSupported
Tedlow: Elon Musk's net worth reached $230B, exceeding ExxonMobil
“Elon Musk, who I think, or the last time I looked, Ted, was personally worth more than ExxonMobil. I think he had two hundred and thirty billion dollars.”
Richard TedlowNov 15, 2021▶ 14:37Richard Tedlow - Charismatic Business Leadership (Capital Allocators, EP.222)
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